COMP <GO>
AVTR vs WAT // 10Y YIELD & FRED MACRO BETA
Avantor Inc. (NYSE) VS. Waters Corporation (NYSE) • 15-METRIC TALLY: AVTR 2
— WAT 10
▲ 10Y YIELD & FRED MACRO BETA LEADER: WAT
LAST: $15.61 (-2.74%) • MKT CAP: $10.88B
macro-sensitivity
1.01
LAST: $449.53 (-2.85%) • MKT CAP: $45.46B
macro-sensitivity
1.02
15-METRIC INSTITUTIONAL SIDE-BY-SIDE SCORECARD (AVTR VS. WAT)
EMERALD CELL = QUANTITATIVE EDGE
| INSTITUTIONAL METRIC | AVTR | WAT | SPREAD (A - B) | ADVANTAGE | DEDICATED URL |
|---|---|---|---|---|---|
| Gross Profit Margin | 32.70% | 59.30% | -26.60 | WAT | /gross-margins <GO> |
| Return on Invested Capital (ROIC) | -2.10% | 16.80% | -18.90 | WAT | /roic <GO> |
| EV/EBITDA & P/E Valuation | — | 51.5x | — | TIE | /valuation <GO> |
| Free Cash Flow Yield | 4.38% | 1.08% | +3.30 | AVTR | /fcf-yield <GO> |
| Operating Margin | -3.80% | 25.40% | -29.20 | WAT | /operating-margins <GO> |
| Net Profit Margin | -8.10% | 20.30% | -28.40 | WAT | /net-margins <GO> |
| Revenue Growth (YoY) | -3.40% | 7.00% | -10.40 | WAT | /revenue-growth <GO> |
| Dividend Yield & FCF Payout Safety | 0.00% | 0.00% | 0.00 | TIE | /dividend-safety <GO> |
| Altman Z-Score & Debt/Equity | 1.88 | 15.49 | -13.61 | WAT | /balance-sheet <GO> |
| Piotroski F-Score Quality | 5/9 | 9/9 | -4.00 | WAT | /piotroski-score <GO> |
| Options Implied Move & Put/Call Skew | — | — | — | TIE | /options-implied-move <GO> |
| RSI-14 & 200D SMA Momentum | 48.3 | 55.8 | -7.50 | WAT | /rsi-technicals <GO> |
| 10Y Yield & FRED Macro Beta ACTIVE | 1.01 | 1.02 | -0.01 | WAT | /macro-sensitivity <GO> |
| Forward P/E Multiple | 31.0x | 68.3x | -37.30 | AVTR | /forward-pe <GO> |
| Enterprise Scale & Market Cap | $10.88B | $45.46B | -$34.59B | WAT | /market-cap <GO> |
5-YEAR HISTORICAL XBRL REVENUE & MARGIN TRAJECTORY SEC FORM 10-K FY
| FISCAL YEAR | AVTR REV | WAT REV | AVTR GROSS % | WAT GROSS % | AVTR FCF | WAT FCF |
|---|---|---|---|---|---|---|
| FY 2025 | $6.55B | $3.17B | 32.7% | 59.3% | $495.0M | $510.1M |
| FY 2024 | $6.78B | $2.96B | 33.6% | 59.4% | $692.0M | $629.0M |
| FY 2023 | $6.97B | $2.96B | — | — | $556.5M | $469.8M |
FRED MACRO REGIME CORRELATION COMPARISON PEARSON r
AVTR // BETA 1.01
WAT // BETA 1.02