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Agilent Technologies vs Waters: Which Stock Looks Stronger in 2026?

Agilent Technologies holds the cleaner structural position, with profitability as the main driver and growth adding further support. Waters still has the edge on growth, which keeps the comparison from looking entirely one-sided. Both sides have seen trend damage — neither carries a clear market edge right now. With both trends damaged, the structural comparison carries most of the weight here.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-05-17

Most of the lead runs through profitability, while valuation helps make the separation broader. The overall score gap is 17 points in favour of Agilent Technologies, Inc..

INDUSTRY COMPARISON

Both operate in: Diagnostics & Research

This comparison is based on industry proximity, not on functional trajectory similarity. A and WAT share the same industry classification.

For a similarity-based comparison, see how Agilent Technologies and Waters each position within their functional peer groups in AssetNext.

Peer-Relative Score
A
Agilent Technologies, Inc.
51
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
WAT
Waters Corporation
34
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

The largest gaps do not all point in the same direction.

Dimension spread: A vs WAT Profitability 57 4 Stability 45 45 Valuation 61 40 Growth 31 60 A WAT
Gap Ranking
#1 Profitability +53
#2 Growth +29
#3 Valuation +21
#4 Stability
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for A and WAT Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer AWAT Relative valuation Structural strength

Agilent Technologies, Inc. looks stronger on relative valuation, while the broader price setup remains mixed.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where A and WAT each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY A Lower · below norm 0th 50th 100th 41 pct gap WAT Neutral · near norm 0th 50th 100th 9th 50th
Today A sits in the lower portion of its own 5-year history (9th percentile), while WAT sits higher in its own history (50th). Within each stock's own 5-year context, A is at a historically more favourable entry position than WAT. This reflects entry timing, not which company is structurally stronger — peer-relative analysis is a separate question addressed above.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, Agilent Technologies, Inc. is positioned higher in the group, while Waters Corporation is closer to the middle.
Growth
Waters Corporation sits in the stronger part of the group on growth, while Agilent Technologies, Inc. is closer to mid-pack.
Profitability — Dominant Gap
A
57
WAT
4
Gap+53in favour of A

The profitability lead is mainly driven by a 20-point operating margin advantage.

What keeps the gap from being one-sided

Waters still pushes back on growth by a very wide margin, which keeps the read from becoming one-way.

What this means for the comparison

The profitability edge is decisive, but growth still pushes back — the result holds, but not without a real counterweight.

Explore full peer positioning in AssetNext

Break down the A vs WAT comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Other comparisons with conflicting dimension signals

Explore how A and WAT each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.