• Waters average return on investment for 2023 was 27.48, a 26.99% decline from 2022.
• Waters average return on investment for 2022 was 37.64, a 4.56% decline from 2021.
• Waters average return on investment for 2021 was 39.44, a 7.79% decline from 2020.

Roi - return on investment can be defined as an indicator of how profitable a company is relative to its assets invested by shareholders and long-term bond holders. Calculated by dividing a company's operating earnings by its long-term debt and shareholders equity.