<p>如果你持有一只股票多年，你希望能够获利。但更重要的是，你可能希望它的涨幅超过市场平均水平。不幸的是，对于股东来说，尽管 <strong>沃特世</strong>（NYSE:WAT）的股价在过去五年上涨了 56%，但这仍低于市场回报。同时，过去十二个月股价上涨了 2.4%。</p>
<p>让我们看看长期以来的基本面，看看它们是否与股东回报一致。</p>
<p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
<p>引用巴菲特的话，‘船只将环游世界，但平面地球协会将蓬勃发展。市场上价格与价值之间将继续存在巨大差异……’ 考虑市场对一家公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的变动。</p>
<p>在过去的五年中，沃特世每年的每股收益增长率为 6.2%。这一 EPS 增长速度低于同期股价每年 9% 的增长。因此，可以合理地假设市场对该公司的看法比五年前更高。考虑到其增长的业绩，这并不令人惊讶。</p>
<p>你可以在下面看到 EPS 随时间的变化（点击图片可以发现确切的数值）。</p>
<p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" width="1642" height="1040" original-src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484"/></p>
<p>NYSE:WAT 每股收益增长 2025 年 12 月 12 日</p>
<p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处获取。</p>
<h2>不同的视角</h2>
<p>沃特世的股东今年上涨了 2.4%。但这低于市场平均水平。公司拥有更好的长期业绩记录，为股东提供了五年每年 9% 的总回报率，这可能是一个好兆头。尽管股价上涨放缓，但该公司仍可能继续出色地执行。长期跟踪股价表现总是很有趣。但要更好地理解沃特世，我们需要考虑许多其他因素。例如风险——沃特世有 <strong>1 个警告信号</strong>，我们认为你应该注意。</p>
<p>如果你和我一样，那么你一定不想错过这份 <strong>免费的</strong> 被内部人士购买的低估小盘股名单。</p>
<p><em>请注意，本文中引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。</em></p>
<p>国防和灾难的移动基础设施</p>
<p>下一波机器人革命不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随时随地。</p>
<p>在下一轮合同之前获取投资者简报</p>
<p>由 CiTech 赞助</p>

沃特世

<p>沃特世（NYSE:WAT）股东在过去五年中实现了 9.4% 的复合年增长率（CAGR），股价上涨了 56%，低于市场平均水平。公司的每股收益年均增长 6.2%，显示出市场的积极认知。尽管去年上涨了 2.4%，但仍低于市场平均水平。该公司在长期内表现强劲，五年来为股东提供了 9% 的年总回报</p>

<p>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. Unfortunately for shareholders, while the <strong>Waters Corporation</strong> (NYSE:WAT) share price is up 56% in the last five years, that's less than the market return. Meanwhile, the last twelve months saw the share price rise 2.4%.</p>
<div class="lb-trans"><p>如果你持有一只股票多年，你希望能够获利。但更重要的是，你可能希望它的涨幅超过市场平均水平。不幸的是，对于股东来说，尽管 <strong>沃特世</strong>（NYSE:WAT）的股价在过去五年上涨了 56%，但这仍低于市场回报。同时，过去十二个月股价上涨了 2.4%。</p>
</div><p>Let's take a look at the underlying fundamentals over the longer term, and see if they've been consistent with shareholders returns.</p>
<div class="lb-trans"><p>让我们看看长期以来的基本面，看看它们是否与股东回报一致。</p>
</div><p>Trump has pledged to &#34;unleash&#34; American oil and gas and these 15 US stocks have developments that are poised to benefit.</p>
<div class="lb-trans"><p>特朗普承诺要 “释放” 美国的石油和天然气，这 15 只美国股票的发展将受益。</p>
</div><p>To quote Buffett, 'Ships will sail around the world but the Flat Earth Society will flourish. There will continue to be wide discrepancies between price and value in the marketplace...' One imperfect but simple way to consider how the market perception of a company has shifted is to compare the change in the earnings per share (EPS) with the share price movement.</p>
<div class="lb-trans"><p>引用巴菲特的话，‘船只将环游世界，但平面地球协会将蓬勃发展。市场上价格与价值之间将继续存在巨大差异……’ 考虑市场对一家公司的看法如何变化的一个不完美但简单的方法是比较每股收益（EPS）的变化与股价的变动。</p>
</div><p>Over half a decade, Waters managed to grow its earnings per share at 6.2% a year. This EPS growth is slower than the share price growth of 9% per year, over the same period. So it's fair to assume the market has a higher opinion of the business than it did five years ago. And that's hardly shocking given the track record of growth.</p>
<div class="lb-trans"><p>在过去的五年中，沃特世每年的每股收益增长率为 6.2%。这一 EPS 增长速度低于同期股价每年 9% 的增长。因此，可以合理地假设市场对该公司的看法比五年前更高。考虑到其增长的业绩，这并不令人惊讶。</p>
</div><p>You can see below how EPS has changed over time (discover the exact values by clicking on the image).</p>
<div class="lb-trans"><p>你可以在下面看到 EPS 随时间的变化（点击图片可以发现确切的数值）。</p>
</div><p><img src="https://imageproxy.pbkrs.com/https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484" alt="" original-src="https://images.simplywall.st/asset/chart/36475-earnings-per-share-growth-1-dark-2/1765536896484"/></p>
<p>NYSE:WAT Earnings Per Share Growth December 12th 2025</p>
<div class="lb-trans"><p>NYSE:WAT 每股收益增长 2025 年 12 月 12 日</p>
</div><p>Before buying or selling a stock, we always recommend a close examination of historic growth trends, available here.</p>
<div class="lb-trans"><p>在买入或卖出股票之前，我们始终建议仔细检查历史增长趋势，相关信息可在此处获取。</p>
</div><h2>A Different Perspective</h2>
<div class="lb-trans"><h2>不同的视角</h2>
</div><p>Waters shareholders are up 2.4% for the year. But that was short of the market average. It's probably a good sign that the company has an even better long term track record, having provided shareholders with an annual TSR of 9% over five years. It's quite possible the business continues to execute with prowess, even as the share price gains are slowing. It's always interesting to track share price performance over the longer term. But to understand Waters better, we need to consider many other factors. Take risks, for example - Waters has <strong>1 warning sign</strong> we think you should be aware of.</p>
<div class="lb-trans"><p>沃特世的股东今年上涨了 2.4%。但这低于市场平均水平。公司拥有更好的长期业绩记录，为股东提供了五年每年 9% 的总回报率，这可能是一个好兆头。尽管股价上涨放缓，但该公司仍可能继续出色地执行。长期跟踪股价表现总是很有趣。但要更好地理解沃特世，我们需要考虑许多其他因素。例如风险——沃特世有 <strong>1 个警告信号</strong>，我们认为你应该注意。</p>
</div><p>If you are like me, then you will <strong>not</strong> want to miss this <strong>free</strong> list of undervalued small caps that insiders are buying.</p>
<div class="lb-trans"><p>如果你和我一样，那么你一定不想错过这份 <strong>免费的</strong> 被内部人士购买的低估小盘股名单。</p>
</div><p><em>Please note, the market returns quoted in this article reflect the market weighted average returns of stocks that currently trade on American exchanges.</em></p>
<div class="lb-trans"><p><em>请注意，本文中引用的市场回报反映了目前在美国交易所交易的股票的市场加权平均回报。</em></p>
</div><p>Mobile Infrastructure for Defense and Disaster</p>
<div class="lb-trans"><p>国防和灾难的移动基础设施</p>
</div><p>The next wave in robotics isn't humanoid. Its fully autonomous towers delivering 5G, ISR, and radar in under 30 minutes, anywhere.</p>
<div class="lb-trans"><p>下一波机器人革命不是人形机器人，而是能够在 30 分钟内提供 5G、ISR 和雷达的全自动塔，随时随地。</p>
</div><p>Get the investor briefing before the next round of contracts</p>
<div class="lb-trans"><p>在下一轮合同之前获取投资者简报</p>
</div><p>Sponsored On Behalf of CiTech</p>
<div class="lb-trans"><p>由 CiTech 赞助</p>
</div>

沃特世（NYSE:WAT）的股东在过去五年中实现了 9.4% 的年复合增长率