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Select Water Solutions, Inc. (WTTR) 10-Year Financial Performance & Capital Metrics

WTTR • • Utilities
UtilitiesWater UtilitiesSpecialized Water InfrastructureEnergy Sector Water 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 $1.45B -8.4%
  • EBITDA $209M +3.9%
  • Net Income $31M -58.8%
  • Free Cash Flow -$84M -156.0%
  • EBITDA Margin 14.41% +13.5%
  • Net Margin 2.11% -55.0%
  • ROE 3.39% -59.5%
  • Interest Coverage 7.82 -43.8%
  • Debt/Equity 0.14 +141.6%
  • Net Debt/EBITDA 0.54 +3166.7%
  • CapEx / Revenue 21.94% +156.0%
  • CapEx Coverage 0.74 -64.9%
Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

  • ✓Strong 5Y profit CAGR of 61.6%
  • ✓Strong interest coverage of 7.8x
  • ✓Healthy dividend yield of 2.4%
  • ✓Trading at only 1.3x book value

✗Weaknesses

No significant weaknesses identified

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

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-
5Y2.37%
3Y23.84%
TTM-4.6%

Profit (Net Income) CAGR

10Y-
5Y61.56%
3Y-
TTM-66.72%

EPS CAGR

10Y-
5Y58.49%
3Y-
TTM-68.28%

ROCE

10Y Avg-10.44%
5Y Avg-6.51%
3Y Avg5.21%
Latest5.09%

Peer Comparison

Energy Sector Water Services
Select Columns
Size & Scale
Valuation
Per Share
Growth
Profitability
Quality & Returns
Safety & Leverage
TTM Growth
Famous Investor Metrics
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Latest Quarter
Momentum & Returns
Total Return (DRIP)
Technical
Volume & Trading
Shares & Dilution
Sector-Specific
NameMarket CapCurrent PriceP/E RatioRevenue Growth 1YNet MarginROEFCF YieldDebt/Equity
WTTRSelect Water Solutions, Inc.1.25B11.9039.67-8.41%1.41%2.14%0.14

Profit & Loss

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Revenue+535.58M302.4M692.49M1.53B1.29B605.11M764.62M1.39B1.59B1.45B
Revenue Growth %--0.44%1.29%1.21%-0.16%-0.53%0.26%0.81%0.14%-0.08%
Cost of Revenue523.33M346.53M634.71M1.33B1.14B634.37M743.76M1.23B1.35B1.23B
Gross Profit+12.24M-44.13M57.78M198.48M148.74M-29.27M20.86M160.75M231.66M219.47M
Gross Margin %----------
Gross Profit Growth %--4.6%2.31%2.44%-0.25%-1.2%1.71%6.71%0.44%-0.05%
Operating Expenses+59.65M36.73M84.21M106.33M125.67M365.51M86.4M121.59M170.47M164.98M
Other Operating Expenses----------
EBITDA+38.94M-201.87M73.45M195.39M143.74M-293.11M26.71M153.76M201.27M209.18M
EBITDA Margin %----------
EBITDA Growth %--6.18%1.36%1.66%-0.26%-3.04%1.09%4.76%0.31%0.04%
Depreciation & Amortization+107.71M97.11M103.45M133.71M120.67M101.67M92.25M114.6M140.08M154.69M
D&A / Revenue %----------
Operating Income (EBIT)+-68.77M-298.97M-30M61.67M23.07M-394.78M-65.54M39.16M61.19M54.49M
Operating Margin %----------
Operating Income Growth %--3.35%0.9%3.06%-0.63%-18.11%0.83%1.6%0.56%-0.11%
Interest Expense+13.69M16.13M6.63M5.31M2.69M2.14M1.71M2.7M4.39M6.96M
Interest Coverage-5.02x-18.54x-4.53x11.61x8.58x-184.82x-38.31x14.50x13.93x7.82x
Interest / Revenue %----------
Non-Operating Income-1000K-1000K-1000K-1000K-1000K-1000K1000K1000K-1000K-1000K
Pretax Income+-81.57M-314.47M-35.98M56M6.08M-403.21M-49.94M55.81M19.02M49.02M
Pretax Margin %----------
Income Tax+324K-524K-851K1.7M1.95M-1.48M147K957K-60.2M13.57M
Effective Tax Rate %----------
Net Income+-81.89M-1.04M-16.82M36.51M2.78M-338.68M-42.23M48.28M74.4M30.64M
Net Margin %----------
Net Income Growth %-0.99%-15.12%3.17%-0.92%-122.65%0.88%2.14%0.54%-0.59%
EPS (Diluted)+-2.13-0.02-0.230.490.03-3.98-0.480.500.720.30
EPS Growth %-0.99%-11.85%3.13%-0.94%-133.67%0.88%2.04%0.44%-0.58%
EPS (Basic)-2.13-0.02-0.230.490.03-3.98-0.480.510.730.31
Diluted Shares Outstanding38.46M58.37M71.72M74.25M92.8M85.1M87.97M96.56M103.34M102.15M

Balance Sheet

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Total Assets+650.25M405.07M1.36B1.36B1.35B875.36M950.19M1.22B1.22B1.37B
Asset Growth %--0.38%2.35%0%-0.01%-0.35%0.09%0.29%-0%0.12%
PP&E (Net)+368.69M248.87M474.11M502.85M523.03M402.7M439.52M547.22M557.09M762.5M
PP&E / Total Assets %----------
Total Current Assets+107.12M124.66M446.52M432.15M415.6M351.5M394.79M517.94M454.06M385.5M
Cash & Equivalents16.3M40.04M2.77M17.24M79.27M169.04M85.8M7.32M57.08M19.98M
Receivables1000K1000K1000K1000K1000K1000K1000K1000K1000K1000K
Inventory701K1M44.6M44.99M37.54M33.38M44.46M41.16M38.65M38.45M
Other Current Assets000000034.38M35.54M45.35M
Long-Term Investments0000000011.79M0
Goodwill150.77M12.24M273.42M273.8M266.93M0004.68M18.21M
Intangible Assets19.84M11.59M156.07M148.38M136.95M116.08M108.47M138.8M116.19M123.72M
Other Assets3.83M7.72M6.26M3.43M5.11M5.08M7.41M18.9M12.76M30.01M
Total Liabilities322.47M70.36M293M249.83M234.81M169.48M255.02M339.13M326.02M450.75M
Total Debt+267.65M15.95M95.94M62.69M91.59M75.31M67.31M80.16M53.55M132.74M
Net Debt251.35M-24.09M93.17M45.45M12.32M-93.73M-18.49M72.84M-3.54M112.76M
Long-Term Debt245.34M075M45M00016M085M
Short-Term Borrowings1000K01000K938K000000
Capital Lease Obligations015.95M20.94M17.69M91.59M75.31M67.31M64.16M53M47.74M
Total Current Liabilities+65.55M46.38M185.19M179.72M151.88M88.76M162.04M231.29M211.55M233.38M
Accounts Payable9.86M10.8M55.35M48.03M86.02M34.87M88.1M129M46.67M115.39M
Accrued Expenses33.38M34.87M21.32M51.52M44.3M38.14M55.19M78.16M28.4M94.76M
Deferred Revenue0012.93M5.82M000000
Other Current Liabilities00104.59M67.42M0000121.28M93K
Deferred Taxes0000000000
Other Liabilities11.58M8.03M32.81M8.36M10.78M19.73M39.78M45.45M76.13M101.28M
Total Equity+327.77M334.71M1.06B1.11B1.11B705.88M695.17M883.73M892.17M915.53M
Equity Growth %-0.02%2.18%0.04%0%-0.37%-0.02%0.27%0.01%0.03%
Shareholders Equity317.15M112.72M656.65M832.93M937.18M593.06M592.1M765.98M772.49M793.52M
Minority Interest10.62M221.99M406.72M277.84M175.63M112.82M103.08M117.75M119.68M122.01M
Common Stock317.16M584K1.06M1.05M1.04M1.03M1.1M1.26M1.18M1.19M
Additional Paid-in Capital0113.17M673.14M813.6M914.7M909.28M950.46M1.08B1.01B998.47M
Retained Earnings0-1.04M-17.86M18.65M21.44M-317.25M-359.47M-311.19M-236.79M-206.15M
Accumulated OCI-7K-490.52M302K-368K000000
Return on Assets (ROA)-0.13%-0%-0.02%0.03%0%-0.3%-0.05%0.04%0.06%0.02%
Return on Equity (ROE)-0.25%-0%-0.02%0.03%0%-0.37%-0.06%0.06%0.08%0.03%
Debt / Equity0.82x0.05x0.09x0.06x0.08x0.11x0.10x0.09x0.06x0.14x
Debt / Assets0.41%0.04%0.07%0.05%0.07%0.09%0.07%0.07%0.04%0.1%
Net Debt / EBITDA6.45x-1.27x0.23x0.09x--0.69x0.47x-0.02x0.54x
Book Value per Share8.525.7314.8314.9611.998.37.99.158.638.96

Cash Flow

Dec 2015Dec 2016Dec 2017Dec 2018Dec 2019Dec 2020Dec 2021Dec 2022Dec 2023Dec 2024
Cash from Operations+152M5.13M-2.9M232.41M203.95M105.81M-16.25M33.23M285.36M234.89M
Operating CF Growth %--0.97%-1.56%81.17%-0.12%-0.48%-1.15%3.05%7.59%-0.18%
Operating CF / Revenue %----------
Net Income-81.87M-313.95M-35.13M54.3M4.14M-401.73M-50.09M54.85M79.22M30.64M
Depreciation & Amortization107.71M97.11M103.45M133.71M120.67M101.67M92.46M114.6M140.08M156.95M
Deferred Taxes24.76M200.98M-2.39M25.4M22.54M292.17M4.49M-188K-23.77M13.34M
Other Non-Cash Items-1.76M1.82M3.68M1.98M928K281K-20.09M-13.28M23.21M4.14M
Working Capital Changes102.47M18.86M-80.2M6.65M40.19M107.66M-52.49M-138.32M49.25M3.46M
Capital Expenditures+-54.08M-36.29M-156.73M-165.36M-110.14M-21.24M-64.46M-71.88M-135.87M-318.62M
CapEx / Revenue %----------
CapEx / D&A----------
CapEx Coverage (OCF/CapEx)----------
Cash from Investing+-38.7M-26.95M-156.73M-168.36M-77.36M-5.39M-64.46M-53.25M-137.17M-318.62M
Acquisitions400K9.13M-65.49M-17M14.87M197K-36.94M-12.93M-18.19M-161.28M
Purchase of Investments54.08M0000-3M12.68M000
Sale of Investments830K00001000K730K000
Other Investing-39.93M9.34M7.48M14M17.91M15.65M-934K31.56M16.89M15.81M
Cash from Financing+-107.35M45.56M122.4M-49.29M-64.69M-10.71M-2.54M-58.45M-98.42M46.64M
Dividends Paid-4.25M000000-6.02M-24.92M-29.75M
Dividend Payout Ratio %-------0.12%0.33%0.97%
Debt Issuance (Net)-1000K-1000K-1000K-1000K-1000K-264K-320K-1000K-1000K1000K
Stock Issued0297.25M140.07M762K142K76K58K53K050K
Share Repurchases00-297K-16.56M-18.6M-10.88M-1.21M-20.21M-61.77M-7.91M
Other Financing92K18.81M124.69M-850K-207K354K-1.07M-26.09M4.37M-521K
Net Change in Cash+6.02M23.74M-37.27M14.46M62.03M89.77M-83.24M-78.48M49.76M-37.1M
Exchange Rate Effect75K0-34K-292K130K64K8K-13K-3K-9K
Cash at Beginning10.28M16.3M40.04M2.77M17.24M79.27M169.04M85.8M7.32M57.08M
Cash at End16.3M40.04M2.77M17.24M79.27M169.04M85.8M7.32M57.08M19.98M
Free Cash Flow+97.92M-31.16M-159.63M67.05M93.81M84.57M-80.7M-38.65M149.49M-83.74M
FCF Growth %--1.32%-4.12%1.42%0.4%-0.1%-1.95%0.52%4.87%-1.56%
FCF Margin %----------
FCF / Net Income %----------

Key Ratios

Metric2015201620172018201920202021202220232024
Return on Equity (ROE)-24.98%-0.31%-2.41%3.36%0.25%-37.24%-6.03%6.12%8.38%3.39%
EBITDA Margin7.27%-66.75%10.61%12.78%11.13%-48.44%3.49%11.08%12.7%14.41%
Net Debt / EBITDA6.45x-1.27x0.23x0.09x--0.69x0.47x-0.02x0.54x
Interest Coverage-5.02x-18.54x-4.53x11.61x8.58x-184.82x-38.31x14.50x13.93x7.82x
CapEx / Revenue10.1%12%22.63%10.82%8.53%3.51%8.43%5.18%8.57%21.94%
Dividend Payout Ratio-------12.47%33.5%97.07%
Debt / Equity0.82x0.05x0.09x0.06x0.08x0.11x0.10x0.09x0.06x0.14x
EPS Growth-99.16%-1184.92%313.04%-93.88%-13366.67%87.94%204.17%44%-58.33%

Revenue by Segment

20172018201920202021202220232024
Water Services---322.46M399.71M803.43M1.04B910.48M
Water Services Growth----23.96%101.00%29.00%-12.15%
Water Infrastructure---125.71M155.32M275.7M235.29M293.86M
Water Infrastructure Growth----23.56%77.50%-14.66%24.89%
Oilfield Chemicals---160.82M216.41M318.28M--
Oilfield Chemicals Growth----34.56%47.07%--
Water Transfer--355.54M-----
Water Transfer Growth--------
Oilfield Chemical Product Sales Revenue-259.79M268.96M-----
Oilfield Chemical Product Sales Revenue Growth--3.53%-----
Well Testing And Flowback--208.57M-----
Well Testing And Flowback Growth--------
Accommodations And Rentals Revenue-66.74M150.79M-----
Accommodations And Rentals Revenue Growth--125.93%-----
Water Sourcing--120.52M-----
Water Sourcing Growth--------
Pipeline Logistics And Disposal--101.14M-----
Pipeline Logistics And Disposal Growth--------
Fluid Hauling--63.16M-----
Fluid Hauling Growth--------
Other--22.91M-----
Other Growth--------
Water Solutions Revenue Net-1.15B------
Water Solutions Revenue Net Growth--------
Wellsite Completion And Construction Services Revenue-56.66M------
Wellsite Completion And Construction Services Revenue Growth--------
Water Solutions529M-------
Water Solutions Growth--------
Accommodations And Rentals53.89M-------
Accommodations And Rentals Growth--------

Revenue by Geography

20172018201920202021202220232024
Permian Basin---278.44M371.07M646.23M759.3M702.01M
Permian Basin Growth----33.27%74.15%17.50%-7.54%
Rockies--85.34M37.52M78.19M155.85M231.31M209.93M
Rockies Growth----56.04%108.41%99.33%48.41%-9.24%
Eagle Ford---69.44M99.66M152.47M163.37M154.89M
Eagle Ford Growth----43.51%52.99%7.15%-5.19%
Marcellus Utica---54.47M62.51M140.86M160.84M141.27M
Marcellus Utica Growth----14.75%125.35%14.18%-12.17%
Bakken---38.99M19.08M78.79M96.34M91.16M
Bakken Growth-----51.07%313.03%22.27%-5.37%
Midcon--176.22M56.69M64.91M119.75M100.51M85.34M
Midcon Growth----67.83%14.51%84.49%-16.07%-15.09%
Haynesville E. Texas--73.66M73.12M74.8M103.06M84.03M79.04M
Haynesville E. Texas Growth----0.74%2.30%37.78%-18.46%-5.94%
Eliminations and other regions----3.55M-5.59M-9.59M-10.34M-11.57M
Eliminations and other regions Growth-----57.22%-71.64%-7.81%-11.90%
All Other Geographical Areas---183K-----
All Other Geographical Areas Growth--------
U680.9M1.48B------
U Growth-117.42%------
C11.6M48.6M------
C Growth-318.97%------

Frequently Asked Questions

Valuation & Price

Select Water Solutions, Inc. (WTTR) has a price-to-earnings (P/E) ratio of 39.7x. This suggests investors expect higher future growth.

Growth & Financials

Select Water Solutions, Inc. (WTTR) reported $1.41B in revenue for fiscal year 2024. This represents a 163% increase from $535.6M in 2015.

Select Water Solutions, Inc. (WTTR) saw revenue decline by 8.4% over the past year.

Yes, Select Water Solutions, Inc. (WTTR) is profitable, generating $19.9M in net income for fiscal year 2024 (2.1% net margin).

Dividend & Returns

Yes, Select Water Solutions, Inc. (WTTR) pays a dividend with a yield of 2.45%. This makes it attractive for income-focused investors.

Select Water Solutions, Inc. (WTTR) has a return on equity (ROE) of 3.4%. This is below average, suggesting room for improvement.

Select Water Solutions, Inc. (WTTR) had negative free cash flow of $145.2M in fiscal year 2024, likely due to heavy capital investments.

Industry Metrics

Select Water Solutions, Inc. (WTTR) has a dividend payout ratio of 97%. The high payout ratio may limit dividend growth.

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