Published on 24 Mar 2024 on Simply Wall St. via Yahoo Finance
Waters (NYSE:WAT) shareholders have earned a 6.7% CAGR over the last five years
If you buy and hold a stock for many years, you'd hope to be making a profit. But more than that, you probably want to see it rise more than the market average. But Waters Corporation (NYSE:WAT) has fallen short of that second goal, with a share price rise of 38% over five years, which is below the market return. Looking at the last year alone, the stock is up 16%.
Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.
Check out our latest analysis for Waters