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Compare · ALMR vs WAT

ALMR vs WAT

Side-by-side comparison of Alamar Biosciences Inc. (ALMR) and Waters Corporation (WAT): market cap, price performance, sector, and recent activity on the wire.

Summary

  • Both ALMR and WAT operate in Biotechnology: Laboratory Analytical Instruments (Industrials), so they compete in similar markets.
  • WAT is the larger of the two at $37.66B, about 26.6x ALMR ($1.42B).
  • Over the past year, ALMR is down 7.6% and WAT is up 11.7% - WAT leads by 19.3 points.
  • Both names hit the wire about 5 times in the past 4 weeks.
  • WAT has more recent analyst coverage (25 ratings vs 5 for ALMR).
PerformanceALMR-7.64%WAT+17.22%
2026-04-17+0.00%2026-05-29
MetricALMRWAT
Company
Alamar Biosciences Inc.
Waters Corporation
Price
$20.50+3.90%
$384.00+4.71%
Market cap
$1.42B
$37.66B
1M return
-16.29%
+31.47%
1Y return
-7.64%
+11.70%
Industry
Biotechnology: Laboratory Analytical Instruments
Biotechnology: Laboratory Analytical Instruments
Exchange
NASDAQ
NYSE
IPO
2026
1995
News (4w)
5
5
Recent ratings
5
25
WAT

Waters Corporation

Waters Corporation, a specialty measurement company, provides analytical workflow solutions in Asia, the Americas, and Europe. It operates through two segments, Waters and TA. The company designs, manufactures, sells, and services high and ultra-performance liquid chromatography, as well as mass spectrometry (MS) technology systems and support products, including chromatography columns, other consumable products, and post-warranty service plans. It also designs, manufactures, sells, and services thermal analysis, rheometry, and calorimetry instruments; and develops and supplies software-based products that interface with its instruments, as well as other manufacturers' instruments. Its MS technology instruments are used in drug discovery and development comprising clinical trial testing, the analysis of proteins in disease processes, nutritional safety analysis, and environmental testing. The company's offers thermal analysis, rheometry, and calorimetry instruments for use in predicting the suitability and stability of fine chemicals, pharmaceuticals, water, polymers, metals, and viscous liquids for various industrial, consumer good, and healthcare products, as well as for life science research. Its products are used by pharmaceutical, biochemical, industrial, nutritional safety, environmental, academic, and governmental customers working in research and development, quality assurance, and other laboratory applications. The company has a collaboration with Genovis AB to develop and market biopharmaceutical characterization workflows based on the its BioAccord LC-MS System, Andrew+ pipetting robot and Genovis SmartEnzymes. Waters Corporation was founded in 1958 and is headquartered in Milford, Massachusetts.

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