WAT vs IQV

Comparison between Waters Corp (WAT, Company) and IQVIA Holdings Inc (IQV, Company).

Both WAT and IQV are from the Healthcare sector.

5-Year PerformanceWAT has outperformed IQV, delivering a return of +0.2% compared to -1.4%

WAT vs IQV - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WAT(COMPANY)	IQV(COMPANY)
Market Cap	$39B	$39B
Max Drawdown	80.12%	51.52%
Sharpe Ratio	1.04	0.68
5Y Beta	0.94	0.97
Industry	Diagnostics & Research	Diagnostics & Research
P/E Ratio	109.72	28.85
Forward P/E	27.70	18.25
PEG Ratio	1.51	3.04
5Y EPS CAGR	15.00%	30.82%
Debt to Equity	31.75%	254.51%
Free Cash Flow Yield	0.99%	6.86%
P/S Ratio	8.45	2.29
P/B Ratio	2.56	6.27

Market Cap

WAT

$39B

Winner

IQV

$39B

Max Drawdown

WAT

80.12%

Winner

IQV

51.52%

Sharpe Ratio

Winner

WAT

1.04

IQV

0.68

5Y Beta

Winner

WAT

0.94

IQV

0.97

Industry

WAT

Diagnostics & Research

IQV

Diagnostics & Research

P/E Ratio

WAT

109.72

Winner

IQV

28.85

Forward P/E

WAT

27.70

Winner

IQV

18.25

PEG Ratio

Winner

WAT

1.51

IQV

3.04

5Y EPS CAGR

WAT

15.00%

Winner

IQV

30.82%

Debt to Equity

Winner

WAT

31.75%

IQV

254.51%

Free Cash Flow Yield

WAT

0.99%

Winner

IQV

6.86%

P/S Ratio

WAT

8.45

Winner

IQV

2.29

P/B Ratio

Winner

WAT

2.56

IQV

6.27

WAT vs IQV - Historical Returns

Returns include dividend reinvestment.

Period	WAT	IQV
1 month	+5.49%	+12.85%
3 months	+14.35%	+31.71%
6 months	+4.83%	+23.97%
1 year	+43.92%	+30.95%
5 years(CAGR)	+0.21%	-1.36%
10 years(CAGR)	+9.78%	+11.57%
Max(CAGR)	+10.87%	+13.77%

WAT

+5.49%

Winner

IQV

+12.85%

WAT

+14.35%

Winner

IQV

+31.71%

WAT

+4.83%

Winner

IQV

+23.97%

Winner

WAT

+43.92%

IQV

+30.95%

5Y(CAGR)

Winner

WAT

+0.21%

IQV

-1.36%

10Y(CAGR)

WAT

+9.78%

Winner

IQV

+11.57%

Max(CAGR)

WAT

+10.87%

Winner

IQV

+13.77%

WAT vs IQV - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	WAT	IQV
2026	+4.64%	+3.13%
2025	+3.14%	+15.52%
2024	+12.89%	-14.71%
2023	-4.73%	+13.50%
2022	-6.04%	-25.11%
2021	+48.95%	+59.76%
2020	+5.26%	+14.55%
2019	+27.39%	+35.17%
2018	-3.60%	+16.45%
2017	+41.60%	+27.26%
2016	+3.10%	+13.44%
2015	+18.18%	+16.16%
2014	+13.61%	+28.54%
2013	+12.73%	+10.05%
2012	+14.72%	N/A
2011	-5.19%	N/A
2010	+26.09%	N/A
2009	+62.67%	N/A
2008	-52.25%	N/A
2007	+61.76%	N/A
2006	+28.53%	N/A
2005	-17.41%	N/A
2004	+41.27%	N/A
2003	+50.59%	N/A
2002	-43.79%	N/A
2001	-50.87%	N/A
2000	+224.27%	N/A
1999	+4.83%	N/A

WAT vs IQV Drawdown Comparison

The maximum drawdown for WAT was -80.12%, occurring on Jul 22, 2002. Recovery took 2656 trading sessions.

The maximum drawdown for IQV was -51.52%, occurring on May 23, 2025. This drawdown has not yet recovered.

The current WAT drawdown is -5.89%. The current IQV drawdown is -17.76%.

Rank	WAT	IQV
#1	-80.12% Sep 28, 2000 - Apr 21, 2011	-51.52% Dec 30, 2021 - May 23, 2025
#2	-44.27% Sep 8, 2021 - Oct 30, 2023	-49.43% Feb 12, 2020 - Sep 2, 2020
#3	-35.86% Apr 8, 2019 - Jan 5, 2021	-29.32% Jul 29, 2015 - Sep 23, 2016
#4	-28.07% May 19, 2011 - Jun 17, 2013	-19.17% Sep 27, 2018 - Feb 12, 2019
#5	-27.49% Mar 6, 2000 - Jun 2, 2000	-14.91% Feb 19, 2014 - Jul 3, 2014
#6	-20.65% Jan 29, 2018 - Jan 23, 2019	-14.78% Jul 3, 2019 - Jan 17, 2020
#7	-19.26% Jul 12, 2000 - Aug 21, 2000	-12.77% Sep 2, 2020 - Oct 12, 2020
#8	-17.37% Aug 23, 2016 - Apr 25, 2017	-12.63% Nov 6, 2017 - Jul 17, 2018
#9	-17.28% Feb 20, 2014 - Nov 20, 2014	-11.60% Sep 30, 2016 - Feb 14, 2017
#10	-16.98% Dec 31, 1999 - Jan 25, 2000	-11.24% Oct 20, 2020 - Nov 9, 2020
#11	-16.76% Jun 18, 2015 - Apr 18, 2016	-10.45% Sep 11, 2014 - Nov 3, 2014
#12	-13.96% Nov 1, 1999 - Dec 29, 1999	-10.17% Aug 1, 2013 - Dec 24, 2013
#13	-13.28% Aug 28, 2000 - Sep 25, 2000	-10.13% Sep 2, 2021 - Nov 16, 2021
#14	-11.58% Sep 26, 2013 - Jan 28, 2014	-9.63% Jan 11, 2021 - Feb 11, 2021
#15	-10.25% Feb 17, 2000 - Feb 25, 2000	-8.65% Apr 10, 2019 - Jun 18, 2019