Select Water Solutions, Inc.(WTTR)Earnings, Financials & Key Ratios

WTTR•NYSE•Utilities

88.5× P/E·Price updated Jun 19, 2026

SectorUtilities IndustryWater Utilities Sub-IndustryWater Treatment and Desalination Services

AboutSelect Water Solutions, Inc. engages in the provision of water management and chemical solutions. It operates through the following business segments: Water Infrastructure, Water Services, and Chemical Technologies. The Water Infrastructure segment develops, builds, and operates permanent and semi-permanent infrastructure solutions to support full life cycle water management and waste treatment solutions. The Water Services segment consists of services businesses, including water transfer, flowback and well testing, fluids hauling, water containment and water network automation, primarily serving E&P companies. The Chemical Technologies segment includes logistics and provides a full suite of chemicals used in hydraulic fracturing, stimulation, cementing, pipelines and well completions. The company was founded on November 21, 2016 and is headquartered in Gainesville, TX.Show more

Revenue$1.41B-3.1%
EBITDA$210M+0.5%
Net Income$21M-30.7%
Free Cash Flow-$80M+4.6%
EBITDA Margin14.94%+3.7%
Net Margin1.51%-28.5%
ROE2.3%-32.1%
Interest Coverage1.54-80.9%
Debt/Equity0.40+178.4%

WTTR Key Insights

Select Water Solutions, Inc. (WTTR) fundamental analysis — strengths, weaknesses & financial health based on data analysis

✓Strengths

✓Momentum leader: RS Rating 88 (top 12%)

✗Weaknesses

✗Weak 3Y average ROE of 4.7%
✗Weak Piotroski F-Score: 3/9
✗Dividend payout exceeds 100% of earnings

* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.

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WTTR Price & Volume

Select Water Solutions, Inc. (WTTR) stock price & volume — 10-year historical chart

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WTTR Growth Metrics

Select Water Solutions, Inc. (WTTR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR

Revenue CAGR

10 Years10.14%

5 Years18.39%

3 Years0.48%

TTM-4.18%

Profit CAGR

10 Years-

5 Years-

3 Years-23.96%

TTM-38.77%

EPS CAGR

10 Years-

5 Years-

3 Years-26.32%

TTM-41.5%

Return on Capital

10 Years-8.98%

5 Years2.03%

3 Years4.69%

Last Year2.86%

WTTR Recent Earnings

Select Water Solutions, Inc. (WTTR) EPS & revenue vs analyst estimates — last 4 quarters

Full history →

●Beat EPS 5/12 qtrs (42%)●Beat Revenue 6/12 qtrs (50%)

Q2 2026Latest

May 5, 2026

Metric

Actual

Est

EPS

$0.08+28.9%

$0.06

Rev

$366M+6.2%

$345M

Q1 2026

Feb 17, 2026

Metric

Actual

Est

EPS

$0.00-134.0%

$0.01

Rev

$347M+7.7%

$322M

Q4 2025

Nov 4, 2025

Metric

Actual

Est

EPS

$0.03+0.0%

$0.03

Rev

$322M+0.4%

$321M

Q3 2025

Aug 5, 2025

Metric

Actual

Est

EPS

$0.10-23.1%

$0.13

Rev

$364M-0.2%

$365M

Quarter	Date	EPS (Act vs Est)	Revenue (Act vs Est)
Q2 2026Latest	May 5, 2026	$0.08vs $0.06+28.9%	$366Mvs $345M+6.2%
Q1 2026	Feb 17, 2026	$0.00vs $0.01-134.0%	$347Mvs $322M+7.7%
Q4 2025	Nov 4, 2025	$0.03vs $0.03+0.0%	$322Mvs $321M+0.4%
Q3 2025	Aug 5, 2025	$0.10vs $0.13-23.1%	$364Mvs $365M-0.2%

Based on last 12 quarters of dataView full earnings history →

Company	Market Cap	Stock Price	P/E Ratio (TTM)	Revenue Growth 1Y	Net Margin	Return on Equity (ROE)	Debt / Equity
NCSMNCS Multistage Holdings, Inc.Direct Competitor	129.78M	49.45	5.72	13.64%	10.76%	14.37%	0.09
LBRTLiberty Energy Inc.Direct Competitor	4.4B	27.18	30.54	-7.16%	3.71%	7.39%	0.42
ACDCProFrac Holding Corp.Direct Competitor	1.1B	6.07	-2.64	-11.37%	-24.17%	-48.48%	1.30
BKRBaker Hughes CompanyProduct Competitor	57.93B	58.41	22.47	-0.34%	11.17%	16.13%	0.38
SLBSLB N.V.Product Competitor	72.19B	48.09	20.46	-1.6%	9.38%	13.88%	0.45
HALHalliburton CompanyProduct Competitor	29.17B	34.93	23.29	-3.31%	6.95%	14.59%	0.77
NINENine Energy Service, Inc.Product Competitor	487.25M	11.25	-9	1.41%	11.52%
PUMPProPetro Holding Corp.Product Competitor	1.81B	14.75	1891.03	-12.13%	-1.05%	-1.43%	0.30

Compare WTTR vs Peers

Select Water Solutions, Inc. (WTTR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs NCSM

Most directly comparable listed peer for WTTR.

Scale Benchmark

vs SLB

Larger-name benchmark to compare WTTR against a more recognizable public peer.

Peer Set

Compare Top 5

vs NCSM, LBRT, ACDC, BKR

WTTR Income Statement

Select Water Solutions, Inc. (WTTR) annual income statement — 10-year revenue, gross profit & net income history

10Y historyFree accessUpdated daily

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Revenue	692.49M	1.53B	1.29B	605.11M	764.62M	1.39B	1.59B	1.45B	1.41B	1.4B
Revenue Growth %	129%	120.79%	-15.52%	-53.15%	26.36%	81.45%	14.27%	-8.41%	-3.08%	-4.18%
Cost of Revenue	634.71M	1.33B	1.14B	634.37M	743.76M	1.23B	1.35B	1.23B	1.21B	1.14B
Gross Profit	57.78M▲ 0%	198.48M▲ 243.5%	148.74M▼ 25.1%	-29.27M▼ 119.7%	20.86M▲ 171.3%	160.75M▲ 670.6%	231.66M▲ 44.1%	219.47M▼ 5.3%	197.08M▼ 10.2%	254.32M▲ 0%
Gross Margin %	8.34%	12.98%	11.52%	-4.84%	2.73%	11.59%	14.61%	15.11%	14%	18.18%
Gross Profit Growth %	230.94%	243.51%	-25.06%	-119.68%	171.28%	670.64%	44.11%	-5.26%	-10.2%	-
Operating Expenses	84.21M	106.33M	125.67M	365.51M	86.4M	121.59M	170.47M	164.98M	161.32M	221.82M
Other Operating Expenses	-	-	-	-	-	-	-	-	-	-
EBITDA	73.45M	195.39M	143.74M	-293.11M	26.71M	153.76M	201.27M	209.18M	210.26M	217.42M
EBITDA Margin %	10.61%	12.78%	11.13%	-48.44%	3.49%	11.08%	12.7%	14.41%	14.94%	15.54%
EBITDA Growth %	136.39%	166.01%	-26.43%	-303.91%	109.11%	475.68%	30.89%	3.93%	0.52%	-0.45%
Depreciation & Amortization	103.45M	133.71M	120.67M	101.67M	92.25M	114.6M	140.08M	154.69M	174.5M	184.92M
D&A / Revenue %	14.94%	8.75%	9.34%	16.8%	12.06%	8.26%	8.84%	10.65%	12.4%	13.22%
Operating Income (EBIT)	-30M▲ 0%	61.67M▲ 305.6%	23.07M▼ 62.6%	-394.78M▼ 1810.9%	-65.54M▲ 83.4%	39.16M▲ 159.8%	61.19M▲ 56.2%	54.49M▼ 10.9%	35.76M▼ 34.4%	32.5M▲ 0%
Operating Margin %	-4.33%	4.03%	1.79%	-65.24%	-8.57%	2.82%	3.86%	3.75%	2.54%	2.32%
Operating Income Growth %	89.97%	305.59%	-62.59%	-1810.92%	83.4%	159.75%	56.25%	-10.95%	-34.37%	-
Interest Expense	6.63M	5.31M	2.69M	2.14M	1.71M	2.7M	4.39M	6.96M	23.18M	2M
Interest Coverage	-4.43x	17.58x	3.26x	-187.77x	-28.02x	22.01x	5.74x	8.09x	1.54x	-
Interest / Revenue %	0.96%	0.35%	0.21%	0.35%	0.22%	0.19%	0.28%	0.48%	1.65%	0.14%
Non-Operating Income	-1000K	-1000K	-1000K	-1000K	1000K	1000K	-1000K	-1000K	-1000K	-233K
Pretax Income	-35.98M▲ 0%	56M▲ 255.7%	6.08M▼ 89.1%	-403.21M▼ 6726.3%	-49.94M▲ 87.6%	55.81M▲ 211.8%	19.02M▼ 65.9%	49.02M▲ 157.7%	19.86M▼ 59.5%	19.56M▲ 0%
Pretax Margin %	-5.2%	3.66%	0.47%	-66.63%	-6.53%	4.02%	1.2%	3.38%	1.41%	1.4%
Income Tax	-851K	1.7M	1.95M	-1.48M	147K	957K	-60.2M	13.57M	-1.61M	-6.93M
Effective Tax Rate %	2.37%	3.04%	32.03%	0.37%	-0.29%	1.71%	-316.44%	27.68%	-8.1%	-35.46%
Net Income	-16.82M▲ 0%	36.51M▲ 317.1%	2.78M▼ 92.4%	-338.68M▼ 12265.4%	-42.23M▲ 87.5%	48.28M▲ 214.3%	74.4M▲ 54.1%	30.64M▼ 58.8%	21.22M▼ 30.7%	21.59M▲ 0%
Net Margin %	-2.43%	2.39%	0.22%	-55.97%	-5.52%	3.48%	4.69%	2.11%	1.51%	1.54%
Net Income Growth %	-1512.27%	317.13%	-92.38%	-12265.37%	87.53%	214.34%	54.11%	-58.81%	-30.74%	-38.77%
EPS (Diluted)	-0.23▲ 0%	0.49▲ 313.0%	0.03▼ 93.9%	-3.98▼ 13366.7%	-0.48▲ 87.9%	0.50▲ 204.2%	0.72▲ 44.0%	0.30▼ 58.3%	0.20▼ 33.3%	0.19▲ 0%
EPS Growth %	-1184.92%	313.04%	-93.88%	-13366.67%	87.94%	204.17%	44%	-58.33%	-33.33%	-41.5%
EPS (Basic)	-0.23	0.49	0.03	-3.98	-0.48	0.51	0.73	0.31	0.21	-
Diluted Shares Outstanding	71.72M	74.25M	92.8M	85.1M	87.97M	96.56M	103.34M	102.15M	103.78M	112.53M

WTTR Balance Sheet

Select Water Solutions, Inc. (WTTR) balance sheet — assets, liabilities & shareholders' equity

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Total Assets	1.36B	1.36B	1.35B	875.36M	950.19M	1.22B	1.22B	1.37B	1.6B	1.71B
Asset Growth %	234.85%	0.31%	-0.95%	-35.04%	8.55%	28.7%	-0.38%	12.16%	16.79%	62.06%
PP&E (Net)	474.11M	502.85M	523.03M	402.7M	439.52M	547.22M	557.09M	762.5M	940.89M	1.71B
PP&E / Total Assets %	34.95%	36.96%	38.81%	46%	46.26%	44.75%	45.73%	55.81%	58.97%	99.9%
Total Current Assets	446.52M	432.15M	415.6M	351.5M	394.79M	517.94M	454.06M	385.5M	354.39M	444.41M
Cash & Equivalents	2.77M	17.24M	79.27M	169.04M	85.8M	7.32M	57.08M	19.98M	18.08M	55.97M
Receivables	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Inventory	44.6M	44.99M	37.54M	33.38M	44.46M	41.16M	38.65M	38.45M	34.28M	37.31M
Other Current Assets	0	0	0	0	0	34.38M	35.54M	45.35M	38.06M	33.38M
Long-Term Investments	0	0	0	0	0	0	11.79M	0	78.23M	317.61M
Goodwill	273.42M	273.8M	266.93M	0	0	0	4.68M	18.21M	48.48M	48.48M
Intangible Assets	156.07M	148.38M	136.95M	116.08M	108.47M	138.8M	116.19M	123.72M	106.2M	102M
Other Assets	6.26M	3.43M	5.11M	5.08M	7.41M	18.9M	12.76M	30.01M	18.53M	-719.23M
Total Liabilities	293M	249.83M	234.81M	169.48M	255.02M	339.13M	326.02M	450.75M	668.54M	587.24M
Total Debt	95.94M	62.69M	91.59M	75.31M	67.31M	80.16M	53.55M	132.74M	374.26M	85.6M
Net Debt	93.17M	45.45M	12.32M	-93.73M	-18.49M	72.84M	-3.54M	112.76M	356.17M	29.63M
Long-Term Debt	75M	45M	0	0	0	16M	0	85M	306.58M	23.72M
Short-Term Borrowings	1.97M	938K	0	0	0	0	0	0	46.15M	61.87M
Capital Lease Obligations	1.97M	17.69M	91.59M	75.31M	67.31M	64.16M	53.55M	47.74M	21.53M	64.31M
Total Current Liabilities	185.19M	179.72M	151.88M	88.76M	162.04M	231.29M	211.55M	233.38M	225.7M	231.58M
Accounts Payable	55.35M	48.03M	86.02M	34.87M	88.1M	129M	46.67M	115.39M	49.68M	55.06M
Accrued Expenses	21.32M	51.52M	44.3M	38.14M	55.19M	78.16M	28.4M	94.76M	39.97M	94.8M
Deferred Revenue	12.93M	5.82M	0	0	0	0	0	0	0	0
Other Current Liabilities	104.59M	67.42M	0	0	0	0	121.28M	93K	89.89M	114.64M
Deferred Taxes	0	0	0	0	0	0	0	0	0	0
Other Liabilities	32.81M	8.36M	10.78M	19.73M	39.78M	45.45M	76.13M	101.28M	114.74M	331.94M
Total Equity	1.06B▲ 0%	1.11B▲ 4.5%	1.11B▲ 0.2%	705.88M▼ 36.6%	695.17M▼ 1.5%	883.73M▲ 27.1%	892.17M▲ 1.0%	915.53M▲ 2.6%	927.07M▲ 1.3%	1.12B▲ 0%
Equity Growth %	217.7%	4.46%	0.18%	-36.57%	-1.52%	27.12%	0.96%	2.62%	1.26%	27.02%
Shareholders Equity	656.65M	832.93M	937.18M	593.06M	592.1M	765.98M	772.49M	793.52M	805.62M	991.48M
Minority Interest	406.72M	277.84M	175.63M	112.82M	103.08M	117.75M	119.68M	122.01M	121.45M	128.15M
Common Stock	1.06M	1.05M	1.04M	1.03M	1.1M	1.26M	1.18M	1.19M	1.21M	1.38M
Additional Paid-in Capital	673.14M	813.6M	914.7M	909.28M	950.46M	1.08B	1.01B	998.47M	989.33M	0
Retained Earnings	-17.86M	18.65M	21.44M	-317.25M	-359.47M	-311.19M	-236.79M	-206.15M	-184.92M	-176.32M
Accumulated OCI	302K	-368K	0	0	0	0	0	0	0	0
Return on Assets (ROA)	-1.91%	2.69%	0.21%	-30.47%	-4.63%	4.44%	6.1%	2.37%	1.43%	1.34%
Return on Equity (ROE)	-2.41%	3.36%	0.25%	-37.24%	-6.03%	6.12%	8.38%	3.39%	2.3%	2.21%
Debt / Equity	0.09x	0.06x	0.08x	0.11x	0.10x	0.09x	0.06x	0.14x	0.40x	0.08x
Debt / Assets	7.07%	4.61%	6.8%	8.6%	7.08%	6.55%	4.4%	9.72%	23.46%	5.01%
Net Debt / EBITDA	1.27x	0.23x	0.09x	-	-0.69x	0.47x	-0.02x	0.54x	1.69x	0.14x
Book Value per Share	14.83	14.96	11.99	8.3	7.9	9.15	8.63	8.96	8.93	9.95

WTTR Cash Flow Statement

Select Water Solutions, Inc. (WTTR) cash flow — operating, investing & free cash flow history

Metric	Dec'17	Dec'18	Dec'19	Dec'20	Dec'21	Dec'22	Dec'23	Dec'24	Dec'25	TTM
Cash from Operations	-2.9M	232.41M	203.95M	105.81M	-16.25M	33.23M	285.36M	234.89M	214.67M	229.98M
Operating CF Growth %	-156.5%	8116.87%	-12.25%	-48.12%	-115.36%	304.52%	758.7%	-17.69%	-8.61%	336.53%
Operating CF / Revenue %	-0.42%	15.2%	15.79%	17.49%	-2.12%	2.4%	18%	16.18%	15.25%	16.44%
Net Income	-35.13M	54.3M	4.14M	-401.73M	-50.09M	54.85M	79.22M	30.64M	21.22M	21.59M
Depreciation & Amortization	103.45M	133.71M	120.67M	101.67M	92.46M	114.6M	140.08M	156.95M	179.82M	186.04M
Deferred Taxes	-2.39M	25.4M	22.54M	292.17M	4.49M	-188K	-23.77M	13.34M	-1.22M	-1.31M
Other Non-Cash Items	3.68M	1.98M	928K	281K	-20.09M	-13.28M	23.21M	4.14M	16.7M	-29.86M
Working Capital Changes	-80.2M	6.65M	40.19M	107.66M	-52.49M	-138.32M	49.25M	3.46M	-1.86M	15.03M
Capital Expenditures	-156.73M	-165.36M	-110.14M	-21.24M	-64.46M	-71.88M	-135.87M	-318.62M	-294.56M	-324.51M
CapEx / Revenue %	22.63%	10.82%	8.53%	3.51%	8.43%	5.18%	8.57%	21.94%	20.93%	23.2%
CapEx / D&A	1.52x	1.24x	0.91x	0.21x	0.70x	0.63x	0.97x	2.03x	1.64x	1.74x
CapEx Coverage (OCF/CapEx)	-0.02x	1.41x	1.85x	4.98x	-0.25x	0.46x	2.10x	0.74x	0.73x	0.71x
Cash from Investing	-156.73M	-168.36M	-77.36M	-5.39M	-64.46M	-53.25M	-137.17M	-318.62M	-402.09M	-349.97M
Acquisitions	-65.49M	-17M	14.87M	197K	-36.94M	-12.93M	-18.19M	-161.28M	-35.47M	-34.21M
Purchase of Investments	0	0	0	-3M	12.68M	0	0	0	-72.06M	0
Sale of Investments	0	0	0	3M	730K	0	0	0	0	0
Other Investing	7.48M	14M	17.91M	15.65M	-934K	31.56M	16.89M	15.81M	0	8.75M
Cash from Financing	122.4M	-49.29M	-64.69M	-10.71M	-2.54M	-58.45M	-98.42M	46.64M	185.51M	148.07M
Dividends Paid	0	0	0	0	0	-6.02M	-24.92M	-29.75M	-33.66M	-33.84M
Dividend Payout Ratio %	-	-	-	-	-	12.47%	33.5%	97.07%	158.58%	-
Debt Issuance (Net)	-1000K	-1000K	-1000K	-264K	-320K	-1000K	-1000K	1000K	1000K	3M
Stock Issued	140.07M	762K	142K	76K	58K	53K	0	50K	0	0
Share Repurchases	-297K	-16.56M	-18.6M	-10.88M	-1.21M	-20.21M	-61.77M	-7.91M	-7.29M	-8.61M
Other Financing	124.69M	-850K	-207K	354K	-1.07M	-26.09M	4.37M	-521K	-77K	113.41M
Net Change in Cash	-37.27M▲ 0%	14.46M▲ 138.8%	62.03M▲ 328.9%	89.77M▲ 44.7%	-83.24M▼ 192.7%	-78.48M▲ 5.7%	49.76M▲ 163.4%	-37.1M▼ 174.6%	-1.89M▲ 94.9%	28.08M▲ 0%
Exchange Rate Effect	-34K	-292K	130K	64K	8K	-13K	-3K	-9K	6K	6K
Cash at Beginning	40.04M	2.77M	17.24M	79.27M	169.04M	85.8M	7.32M	57.08M	19.98M	18.08M
Cash at End	2.77M	17.24M	79.27M	169.04M	85.8M	7.32M	57.08M	19.98M	18.08M	55.97M
Free Cash Flow	-159.63M▲ 0%	67.05M▲ 142.0%	93.81M▲ 39.9%	84.57M▼ 9.8%	-80.7M▼ 195.4%	-38.65M▲ 52.1%	149.49M▲ 486.7%	-83.74M▼ 156.0%	-79.89M▲ 4.6%	-94.54M▲ 0%
FCF Growth %	-412.31%	142%	39.91%	-9.84%	-195.43%	52.11%	486.75%	-156.02%	4.6%	15.83%
FCF Margin %	-23.05%	4.39%	7.26%	13.98%	-10.55%	-2.79%	9.43%	-5.77%	-5.68%	-6.76%
FCF / Net Income %	949.27%	183.64%	3369.43%	-24.97%	191.13%	-80.06%	200.92%	-273.26%	-376.43%	-437.87%

WTTR Key Ratios

Select Water Solutions, Inc. (WTTR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios

Metric	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM
Return on Equity (ROE)	-2.41%	3.36%	0.25%	-37.24%	-6.03%	6.12%	8.38%	3.39%	2.3%	2.21%
EBITDA Margin	10.61%	12.78%	11.13%	-48.44%	3.49%	11.08%	12.7%	14.41%	14.94%	15.54%
Net Debt / EBITDA	1.27x	0.23x	0.09x	-	-0.69x	0.47x	-0.02x	0.54x	1.69x	0.14x
Interest Coverage	-4.43x	17.58x	3.26x	-187.77x	-28.02x	22.01x	5.74x	8.09x	1.54x	-
CapEx / Revenue	22.63%	10.82%	8.53%	3.51%	8.43%	5.18%	8.57%	21.94%	20.93%	23.2%
Dividend Payout Ratio	-	-	-	-	-	12.47%	33.5%	97.07%	158.58%	116.2%
Debt / Equity	0.09x	0.06x	0.08x	0.11x	0.10x	0.09x	0.06x	0.14x	0.40x	0.08x
EPS Growth	-1184.92%	313.04%	-93.88%	-13366.67%	87.94%	204.17%	44%	-58.33%	-33.33%	-41.5%

WTTR SEC Filings & Documents

Select Water Solutions, Inc. (WTTR) SEC filings — annual & quarterly reports (10-K, 10-Q)

8-K Announcements

Material company update

May 5, 2026·SEC

Material company update

Feb 25, 2026·SEC

Material company update

Feb 23, 2026·SEC

10-K Annual Reports

FY 2026

Feb 18, 2026·SEC

FY 2025

Feb 19, 2025·SEC

FY 2024

Feb 21, 2024·SEC

10-Q Quarterly Reports

FY 2026

May 6, 2026·SEC

FY 2025

Nov 5, 2025·SEC

FY 2025

Aug 6, 2025·SEC

WTTR Frequently Asked Questions

Select Water Solutions, Inc. (WTTR) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials

Select Water Solutions, Inc. (WTTR) reported $1.40B in revenue for fiscal year 2025. This represents a 161% increase from $535.6M in 2015.

Select Water Solutions, Inc. (WTTR) saw revenue decline by 3.1% over the past year.

Yes, Select Water Solutions, Inc. (WTTR) is profitable, generating $21.6M in net income for fiscal year 2025 (1.5% net margin).

Dividend & Returns

Yes, Select Water Solutions, Inc. (WTTR) pays a dividend with a yield of 1.83%. This makes it attractive for income-focused investors.

Select Water Solutions, Inc. (WTTR) has a return on equity (ROE) of 2.3%. This is below average, suggesting room for improvement.

Select Water Solutions, Inc. (WTTR) had negative free cash flow of $94.5M in fiscal year 2025, likely due to heavy capital investments.

Industry Metrics

Select Water Solutions, Inc. (WTTR) has a dividend payout ratio of 159%. The high payout ratio may limit dividend growth.

What if you invested $1,000 in WTTR back in 2015?

Total return calculator · dividends reinvested · 11+ years of data

See returns →

How much would $100/month in WTTR be worth today?

Dollar cost averaging calculator · DCA vs lump sum

Calculate →

Quarter

Date

EPS (Act vs Est)

Revenue (Act vs Est)

Q2 2026Latest

May 5, 2026

$0.08vs $0.06+28.9%

$366Mvs $345M+6.2%

Q1 2026

Feb 17, 2026

$0.00vs $0.01-134.0%

$347Mvs $322M+7.7%

Q4 2025

Nov 4, 2025

$0.03vs $0.03+0.0%

$322Mvs $321M+0.4%

Q3 2025

Aug 5, 2025

$0.10vs $0.13-23.1%

$364Mvs $365M-0.2%

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

TTM

Revenue

692.49M

1.53B

1.29B

605.11M

764.62M

1.39B

1.59B

1.45B

1.41B

1.4B

Revenue Growth %

129%

120.79%

-15.52%

-53.15%

26.36%

81.45%

14.27%

-8.41%

-3.08%

-4.18%

Cost of Revenue

634.71M

1.33B

1.14B

634.37M

743.76M

1.23B

1.35B

1.23B

1.21B

1.14B

Gross Profit

57.78M▲ 0%

198.48M▲ 243.5%

148.74M▼ 25.1%

-29.27M▼ 119.7%

20.86M▲ 171.3%

160.75M▲ 670.6%

231.66M▲ 44.1%

219.47M▼ 5.3%

197.08M▼ 10.2%

254.32M▲ 0%

Gross Margin %

8.34%

12.98%

11.52%

-4.84%

2.73%

11.59%

14.61%

15.11%

14%

18.18%

Gross Profit Growth %

230.94%

243.51%

-25.06%

-119.68%

171.28%

670.64%

44.11%

-5.26%

-10.2%

Operating Expenses

84.21M

106.33M

125.67M

365.51M

86.4M

121.59M

170.47M

164.98M

161.32M

221.82M

Other Operating Expenses

EBITDA

73.45M

195.39M

143.74M

-293.11M

26.71M

153.76M

201.27M

209.18M

210.26M

217.42M

EBITDA Margin %

10.61%

12.78%

11.13%

-48.44%

3.49%

11.08%

12.7%

14.41%

14.94%

15.54%

EBITDA Growth %

136.39%

166.01%

-26.43%

-303.91%

109.11%

475.68%

30.89%

3.93%

0.52%

-0.45%

Depreciation & Amortization

103.45M

133.71M

120.67M

101.67M

92.25M

114.6M

140.08M

154.69M

174.5M

184.92M

D&A / Revenue %

14.94%

8.75%

9.34%

16.8%

12.06%

8.26%

8.84%

10.65%

12.4%

13.22%

Operating Income (EBIT)

-30M▲ 0%

61.67M▲ 305.6%

23.07M▼ 62.6%

-394.78M▼ 1810.9%

-65.54M▲ 83.4%

39.16M▲ 159.8%

61.19M▲ 56.2%

54.49M▼ 10.9%

35.76M▼ 34.4%

32.5M▲ 0%

Operating Margin %

-4.33%

4.03%

1.79%

-65.24%

-8.57%

2.82%

3.86%

3.75%

2.54%

2.32%

Operating Income Growth %

89.97%

305.59%

-62.59%

-1810.92%

83.4%

159.75%

56.25%

-10.95%

-34.37%

Interest Expense

6.63M

5.31M

2.69M

2.14M

1.71M

2.7M

4.39M

6.96M

23.18M

Interest Coverage

-4.43x

17.58x

3.26x

-187.77x

-28.02x

22.01x

5.74x

8.09x

1.54x

Interest / Revenue %

0.96%

0.35%

0.21%

0.35%

0.22%

0.19%

0.28%

0.48%

1.65%

0.14%

Non-Operating Income

-1000K

1000K

-1000K

-233K

Pretax Income

-35.98M▲ 0%

56M▲ 255.7%

6.08M▼ 89.1%

-403.21M▼ 6726.3%

-49.94M▲ 87.6%

55.81M▲ 211.8%

19.02M▼ 65.9%

49.02M▲ 157.7%

19.86M▼ 59.5%

19.56M▲ 0%

Pretax Margin %

-5.2%

3.66%

0.47%

-66.63%

-6.53%

4.02%

1.2%

3.38%

1.41%

1.4%

Income Tax

-851K

1.7M

1.95M

-1.48M

147K

957K

-60.2M

13.57M

-1.61M

-6.93M

Effective Tax Rate %

2.37%

3.04%

32.03%

0.37%

-0.29%

1.71%

-316.44%

27.68%

-8.1%

-35.46%

Net Income

-16.82M▲ 0%

36.51M▲ 317.1%

2.78M▼ 92.4%

-338.68M▼ 12265.4%

-42.23M▲ 87.5%

48.28M▲ 214.3%

74.4M▲ 54.1%

30.64M▼ 58.8%

21.22M▼ 30.7%

21.59M▲ 0%

Net Margin %

-2.43%

2.39%

0.22%

-55.97%

-5.52%

3.48%

4.69%

2.11%

1.51%

1.54%

Net Income Growth %

-1512.27%

317.13%

-92.38%

-12265.37%

87.53%

214.34%

54.11%

-58.81%

-30.74%

-38.77%

EPS (Diluted)

-0.23▲ 0%

0.49▲ 313.0%

0.03▼ 93.9%

-3.98▼ 13366.7%

-0.48▲ 87.9%

0.50▲ 204.2%

0.72▲ 44.0%

0.30▼ 58.3%

0.20▼ 33.3%

0.19▲ 0%

EPS Growth %

-1184.92%

313.04%

-93.88%

-13366.67%

87.94%

204.17%

44%

-58.33%

-33.33%

-41.5%

EPS (Basic)

-0.23

0.49

0.03

-3.98

-0.48

0.51

0.73

0.31

0.21

Diluted Shares Outstanding

71.72M

74.25M

92.8M

85.1M

87.97M

96.56M

103.34M

102.15M

103.78M

112.53M

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

TTM

Total Assets

1.36B

1.35B

875.36M

950.19M

1.22B

1.37B

1.6B

1.71B

Asset Growth %

234.85%

0.31%

-0.95%

-35.04%

8.55%

28.7%

-0.38%

12.16%

16.79%

62.06%

PP&E (Net)

474.11M

502.85M

523.03M

402.7M

439.52M

547.22M

557.09M

762.5M

940.89M

1.71B

PP&E / Total Assets %

34.95%

36.96%

38.81%

46%

46.26%

44.75%

45.73%

55.81%

58.97%

99.9%

Total Current Assets

446.52M

432.15M

415.6M

351.5M

394.79M

517.94M

454.06M

385.5M

354.39M

444.41M

Cash & Equivalents

2.77M

17.24M

79.27M

169.04M

85.8M

7.32M

57.08M

19.98M

18.08M

55.97M

Receivables

1000K

Inventory

44.6M

44.99M

37.54M

33.38M

44.46M

41.16M

38.65M

38.45M

34.28M

37.31M

Other Current Assets

34.38M

35.54M

45.35M

38.06M

33.38M

Long-Term Investments

11.79M

78.23M

317.61M

Goodwill

273.42M

273.8M

266.93M

4.68M

18.21M

48.48M

Intangible Assets

156.07M

148.38M

136.95M

116.08M

108.47M

138.8M

116.19M

123.72M

106.2M

102M

Other Assets

6.26M

3.43M

5.11M

5.08M

7.41M

18.9M

12.76M

30.01M

18.53M

-719.23M

Total Liabilities

293M

249.83M

234.81M

169.48M

255.02M

339.13M

326.02M

450.75M

668.54M

587.24M

Total Debt

95.94M

62.69M

91.59M

75.31M

67.31M

80.16M

53.55M

132.74M

374.26M

85.6M

Net Debt

93.17M

45.45M

12.32M

-93.73M

-18.49M

72.84M

-3.54M

112.76M

356.17M

29.63M

Long-Term Debt

75M

45M

16M

85M

306.58M

23.72M

Short-Term Borrowings

1.97M

938K

46.15M

61.87M

Capital Lease Obligations

1.97M

17.69M

91.59M

75.31M

67.31M

64.16M

53.55M

47.74M

21.53M

64.31M

Total Current Liabilities

185.19M

179.72M

151.88M

88.76M

162.04M

231.29M

211.55M

233.38M

225.7M

231.58M

Accounts Payable

55.35M

48.03M

86.02M

34.87M

88.1M

129M

46.67M

115.39M

49.68M

55.06M

Accrued Expenses

21.32M

51.52M

44.3M

38.14M

55.19M

78.16M

28.4M

94.76M

39.97M

94.8M

Deferred Revenue

12.93M

5.82M

Other Current Liabilities

104.59M

67.42M

121.28M

93K

89.89M

114.64M

Deferred Taxes

Other Liabilities

32.81M

8.36M

10.78M

19.73M

39.78M

45.45M

76.13M

101.28M

114.74M

331.94M

Total Equity

1.06B▲ 0%

1.11B▲ 4.5%

1.11B▲ 0.2%

705.88M▼ 36.6%

695.17M▼ 1.5%

883.73M▲ 27.1%

892.17M▲ 1.0%

915.53M▲ 2.6%

927.07M▲ 1.3%

1.12B▲ 0%

Equity Growth %

217.7%

4.46%

0.18%

-36.57%

-1.52%

27.12%

0.96%

2.62%

1.26%

27.02%

Shareholders Equity

656.65M

832.93M

937.18M

593.06M

592.1M

765.98M

772.49M

793.52M

805.62M

991.48M

Minority Interest

406.72M

277.84M

175.63M

112.82M

103.08M

117.75M

119.68M

122.01M

121.45M

128.15M

Common Stock

1.06M

1.05M

1.04M

1.03M

1.1M

1.26M

1.18M

1.19M

1.21M

1.38M

Additional Paid-in Capital

673.14M

813.6M

914.7M

909.28M

950.46M

1.08B

1.01B

998.47M

989.33M

Retained Earnings

-17.86M

18.65M

21.44M

-317.25M

-359.47M

-311.19M

-236.79M

-206.15M

-184.92M

-176.32M

Accumulated OCI

302K

-368K

Return on Assets (ROA)

-1.91%

2.69%

0.21%

-30.47%

-4.63%

4.44%

6.1%

2.37%

1.43%

1.34%

Return on Equity (ROE)

-2.41%

3.36%

0.25%

-37.24%

-6.03%

6.12%

8.38%

3.39%

2.3%

2.21%

Debt / Equity

0.09x

0.06x

0.08x

0.11x

0.10x

0.09x

0.06x

0.14x

0.40x

0.08x

Debt / Assets

7.07%

4.61%

6.8%

8.6%

7.08%

6.55%

4.4%

9.72%

23.46%

5.01%

Net Debt / EBITDA

1.27x

0.23x

0.09x

-0.69x

0.47x

-0.02x

0.54x

1.69x

0.14x

Book Value per Share

14.83

14.96

11.99

8.3

7.9

9.15

8.63

8.96

8.93

9.95

Metric

Dec'17

Dec'18

Dec'19

Dec'20

Dec'21

Dec'22

Dec'23

Dec'24

Dec'25

TTM

Cash from Operations

-2.9M

232.41M

203.95M

105.81M

-16.25M

33.23M

285.36M

234.89M

214.67M

229.98M

Operating CF Growth %

-156.5%

8116.87%

-12.25%

-48.12%

-115.36%

304.52%

758.7%

-17.69%

-8.61%

336.53%

Operating CF / Revenue %

-0.42%

15.2%

15.79%

17.49%

-2.12%

2.4%

18%

16.18%

15.25%

16.44%

Net Income

-35.13M

54.3M

4.14M

-401.73M

-50.09M

54.85M

79.22M

30.64M

21.22M

21.59M

Depreciation & Amortization

103.45M

133.71M

120.67M

101.67M

92.46M

114.6M

140.08M

156.95M

179.82M

186.04M

Deferred Taxes

-2.39M

25.4M

22.54M

292.17M

4.49M

-188K

-23.77M

13.34M

-1.22M

-1.31M

Other Non-Cash Items

3.68M

1.98M

928K

281K

-20.09M

-13.28M

23.21M

4.14M

16.7M

-29.86M

Working Capital Changes

-80.2M

6.65M

40.19M

107.66M

-52.49M

-138.32M

49.25M

3.46M

-1.86M

15.03M

Capital Expenditures

-156.73M

-165.36M

-110.14M

-21.24M

-64.46M

-71.88M

-135.87M

-318.62M

-294.56M

-324.51M

CapEx / Revenue %

22.63%

10.82%

8.53%

3.51%

8.43%

5.18%

8.57%

21.94%

20.93%

23.2%

CapEx / D&A

1.52x

1.24x

0.91x

0.21x

0.70x

0.63x

0.97x

2.03x

1.64x

1.74x

CapEx Coverage (OCF/CapEx)

-0.02x

1.41x

1.85x

4.98x

-0.25x

0.46x

2.10x

0.74x

0.73x

0.71x

Cash from Investing

-156.73M

-168.36M

-77.36M

-5.39M

-64.46M

-53.25M

-137.17M

-318.62M

-402.09M

-349.97M

Acquisitions

-65.49M

-17M

14.87M

197K

-36.94M

-12.93M

-18.19M

-161.28M

-35.47M

-34.21M

Purchase of Investments

-3M

12.68M

-72.06M

Sale of Investments

730K

Other Investing

7.48M

14M

17.91M

15.65M

-934K

31.56M

16.89M

15.81M

8.75M

Cash from Financing

122.4M

-49.29M

-64.69M

-10.71M

-2.54M

-58.45M

-98.42M

46.64M

185.51M

148.07M

Dividends Paid

-6.02M

-24.92M

-29.75M

-33.66M

-33.84M

Dividend Payout Ratio %

12.47%

33.5%

97.07%

158.58%

Debt Issuance (Net)

-1000K

-264K

-320K

-1000K

1000K

Stock Issued

140.07M

762K

142K

76K

58K

53K

50K

Share Repurchases

-297K

-16.56M

-18.6M

-10.88M

-1.21M

-20.21M

-61.77M

-7.91M

-7.29M

-8.61M

Other Financing

124.69M

-850K

-207K

354K

-1.07M

-26.09M

4.37M

-521K

-77K

113.41M

Net Change in Cash

-37.27M▲ 0%

14.46M▲ 138.8%

62.03M▲ 328.9%

89.77M▲ 44.7%

-83.24M▼ 192.7%

-78.48M▲ 5.7%

49.76M▲ 163.4%

-37.1M▼ 174.6%

-1.89M▲ 94.9%

28.08M▲ 0%

Exchange Rate Effect

-34K

-292K

130K

64K

-13K

-3K

-9K

Cash at Beginning

40.04M

2.77M

17.24M

79.27M

169.04M

85.8M

7.32M

57.08M

19.98M

18.08M

Cash at End

2.77M

17.24M

79.27M

169.04M

85.8M

7.32M

57.08M

19.98M

18.08M

55.97M

Free Cash Flow

-159.63M▲ 0%

67.05M▲ 142.0%

93.81M▲ 39.9%

84.57M▼ 9.8%

-80.7M▼ 195.4%

-38.65M▲ 52.1%

149.49M▲ 486.7%

-83.74M▼ 156.0%

-79.89M▲ 4.6%

-94.54M▲ 0%

FCF Growth %

-412.31%

142%

39.91%

-9.84%

-195.43%

52.11%

486.75%

-156.02%

4.6%

15.83%

FCF Margin %

-23.05%

4.39%

7.26%

13.98%

-10.55%

-2.79%

9.43%

-5.77%

-5.68%

-6.76%

FCF / Net Income %

949.27%

183.64%

3369.43%

-24.97%

191.13%

-80.06%

200.92%

-273.26%

-376.43%

-437.87%

Metric

2017

2018

2019

2020

2021

2022

2023

2024

2025

TTM

Return on Equity (ROE)

-2.41%

3.36%

0.25%

-37.24%

-6.03%

6.12%

8.38%

3.39%

2.3%

2.21%

EBITDA Margin

10.61%

12.78%

11.13%

-48.44%

3.49%

11.08%

12.7%

14.41%

14.94%

15.54%

Net Debt / EBITDA

1.27x

0.23x

0.09x

-0.69x

0.47x

-0.02x

0.54x

1.69x

0.14x

Interest Coverage

-4.43x

17.58x

3.26x

-187.77x

-28.02x

22.01x

5.74x

8.09x

1.54x

CapEx / Revenue

22.63%

10.82%

8.53%

3.51%

8.43%

5.18%

8.57%

21.94%

20.93%

23.2%

Dividend Payout Ratio

12.47%

33.5%

97.07%

158.58%

116.2%

Debt / Equity

0.09x

0.06x

0.08x

0.11x

0.10x

0.09x

0.06x

0.14x

0.40x

0.08x

EPS Growth

-1184.92%

313.04%

-93.88%

-13366.67%

87.94%

204.17%

44%

-58.33%

-33.33%

-41.5%

Select Water Solutions, Inc.(WTTR)Earnings, Financials & Key Ratios

WTTR Key Insights

✓Strengths

✗Weaknesses

WTTR Price & Volume

WTTR Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

WTTR Recent Earnings

WTTR Peer Comparison

Compare WTTR vs Peers

vs NCSM

vs SLB

Compare Top 5

WTTR Income Statement

WTTR Balance Sheet

WTTR Cash Flow Statement

WTTR Key Ratios

WTTR SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

WTTR Frequently Asked Questions

Select Water Solutions, Inc.(WTTR)Earnings, Financials & Key Ratios

WTTR Key Insights

✓Strengths

✗Weaknesses

WTTR Price & Volume

WTTR Growth Metrics

Revenue CAGR

Profit CAGR

EPS CAGR

Return on Capital

WTTR Recent Earnings

WTTR Peer Comparison

Compare WTTR vs Peers

vs NCSM

vs SLB

Compare Top 5

WTTR Income Statement

WTTR Balance Sheet

WTTR Cash Flow Statement

WTTR Key Ratios

WTTR SEC Filings & Documents

8-K Announcements

10-K Annual Reports

10-Q Quarterly Reports

WTTR Frequently Asked Questions