The ²³⁴U/²³⁸U isotope ratio has been widely used as a tracer for geochemical processes in underground aquifers. Quadrupole-based inductively coupled plasma mass spectrometry (ICP-MS) equipped with a high-efficiency nebulizer and a membrane desolvator was employed for the determination of ²³⁴U/²³⁸U isotope ratios in natural water samples. The instrumental limit of detection for ²³⁴U was at the low pg L⁻¹ level with very low sample consumption. Measurement precision (²³⁴U/²³⁸U) was 3–5% for bottled mineral water with elevated uranium concentration (>1 μg L⁻¹). For the analysis of groundwater samples from the Almonte-Marisma underground aquifer (Huelva, Spain), uranium was stripped from stainless steel planchets that had previously been used as radiometric counting sources for alpha-particle spectrometry. Potential spectral interferences from other metals introduced during the dissolution were investigated. Matrix-matched blank solutions were needed to subtract the background on ²³⁴U due to the formation of platinum argides, and to allow for mass bias correction and background correction. The Pt appears to be an impurity present in the stainless steel, either as a minor component by itself or after extraction from the anode and a subsequent uranium electrodeposition. The ²³⁴U/²³⁸U isotope ratio data were in very good agreement with those of alpha spectrometry, while precision was improved by a factor of up to 10 and counting time was reduced down to ~20 min (10 replicate measurements).