WAT vs ZTS

Comparison between Waters Corp (WAT, Company) and Zoetis Inc - Class A (ZTS, Company).

Both WAT and ZTS are from the Healthcare sector.

5-Year PerformanceWAT has outperformed ZTS, delivering a return of +1.8% compared to -13.7%

WAT vs ZTS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	WAT(COMPANY)	ZTS(COMPANY)
Market Cap	$34B	$34B
Max Drawdown	80.12%	69.96%
Sharpe Ratio	-0.06	-1.88
5Y Beta	0.96	0.60
Industry	Diagnostics & Research	Drug Manufacturers - Specialty & Generic
P/E Ratio	93.57	12.92
Forward P/E	23.09	11.53
PEG Ratio	1.29	1.12
Dividend Yield	N/A	2.57%
5Y Dividends CAGR	N/A	23.25%
5Y EPS CAGR	15.00%	10.56%
Debt to Equity	31.75%	279.77%
Free Cash Flow Yield	1.16%	6.37%
P/S Ratio	8.89	3.51
P/B Ratio	2.14	10.23

Market Cap

Winner

WAT

$34B

ZTS

$34B

Max Drawdown

WAT

80.12%

Winner

ZTS

69.96%

Sharpe Ratio

Winner

WAT

-0.06

ZTS

-1.88

5Y Beta

WAT

0.96

Winner

ZTS

0.60

Industry

WAT

Diagnostics & Research

ZTS

Drug Manufacturers - Specialty & Generic

P/E Ratio

WAT

93.57

Winner

ZTS

12.92

Forward P/E

WAT

23.09

Winner

ZTS

11.53

PEG Ratio

WAT

1.29

Winner

ZTS

1.12

Dividend Yield

WAT

N/A

ZTS

2.57%

5Y Dividends CAGR

WAT

N/A

ZTS

23.25%

5Y EPS CAGR

Winner

WAT

15.00%

ZTS

10.56%

Debt to Equity

Winner

WAT

31.75%

ZTS

279.77%

Free Cash Flow Yield

WAT

1.16%

Winner

ZTS

6.37%

P/S Ratio

WAT

8.89

Winner

ZTS

3.51

P/B Ratio

Winner

WAT

2.14

ZTS

10.23

WAT vs ZTS - Historical Returns

Returns include dividend reinvestment.

Period	WAT	ZTS
1 month	+1.72%	-32.25%
3 months	+2.30%	-37.56%
6 months	-13.45%	-33.83%
1 year	-1.83%	-49.63%
5 years(CAGR)	+1.78%	-13.71%
10 years(CAGR)	+9.67%	+6.33%
Max(CAGR)	+10.30%	+8.28%

Winner

WAT

+1.72%

ZTS

-32.25%

Winner

WAT

+2.30%

ZTS

-37.56%

Winner

WAT

-13.45%

ZTS

-33.83%

Winner

WAT

-1.83%

ZTS

-49.63%

5Y(CAGR)

Winner

WAT

+1.78%

ZTS

-13.71%

10Y(CAGR)

Winner

WAT

+9.67%

ZTS

+6.33%

Max(CAGR)

Winner

WAT

+10.30%

ZTS

+8.28%

WAT vs ZTS - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	WAT	ZTS
2026	-10.73%	-35.86%
2025	+3.14%	-21.60%
2024	+12.89%	-16.29%
2023	-4.73%	+35.62%
2022	-6.04%	-36.92%
2021	+48.95%	+49.99%
2020	+5.26%	+24.08%
2019	+27.39%	+57.66%
2018	-3.60%	+19.90%
2017	+41.60%	+35.39%
2016	+3.10%	+14.19%
2015	+18.18%	+11.44%
2014	+13.61%	+34.14%
2013	+12.73%	+6.07%
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 ZTS Drawdown Comparison

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

The maximum drawdown for ZTS was -68.48%, occurring on May 15, 2026. This drawdown has not yet recovered.

The current WAT drawdown is -19.71%. The current ZTS drawdown is -65.99%.

Rank	WAT	ZTS
#1	-80.12% Sep 28, 2000 - Apr 21, 2011	-68.48% Dec 29, 2021 - May 15, 2026
#2	-44.27% Sep 8, 2021 - Oct 30, 2023	-36.07% Feb 13, 2020 - Jul 17, 2020
#3	-35.86% Apr 8, 2019 - Jan 5, 2021	-28.58% Jun 25, 2015 - Jan 27, 2017
#4	-28.07% May 19, 2011 - Jun 17, 2013	-17.32% Mar 14, 2013 - Aug 19, 2014
#5	-27.49% Mar 6, 2000 - Jun 2, 2000	-17.28% Nov 4, 2020 - Apr 29, 2021
#6	-20.65% Jan 29, 2018 - Jan 23, 2019	-16.67% Nov 9, 2018 - Feb 15, 2019
#7	-19.26% Jul 12, 2000 - Aug 21, 2000	-10.71% Jan 26, 2018 - Feb 20, 2018
#8	-17.37% Aug 23, 2016 - Apr 25, 2017	-9.56% Oct 15, 2019 - Dec 19, 2019
#9	-17.28% Feb 20, 2014 - Nov 20, 2014	-9.08% Nov 28, 2014 - Feb 11, 2015
#10	-16.98% Dec 31, 1999 - Jan 25, 2000	-8.07% Sep 3, 2021 - Oct 25, 2021
#11	-16.76% Jun 18, 2015 - Apr 18, 2016	-7.28% Apr 24, 2015 - May 26, 2015
#12	-13.96% Nov 1, 1999 - Dec 29, 1999	-7.15% Sep 2, 2020 - Sep 30, 2020
#13	-13.28% Aug 28, 2000 - Sep 25, 2000	-6.98% Oct 3, 2018 - Nov 1, 2018
#14	-11.58% Sep 26, 2013 - Jan 28, 2014	-6.92% Apr 18, 2018 - Jun 8, 2018
#15	-10.25% Feb 17, 2000 - Feb 25, 2000	-6.90% Oct 3, 2014 - Nov 3, 2014