Saturday 17 October 2026
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WaterBridge Infrastructure LLC
WBI Energy Oil & Gas Equipment & Services
WaterBridge Infrastructure LLC’s revenue for fiscal 2025 (year ended December 2025) was $525.6 million, up 66.2% from fiscal 2024. In the quarter to June 2026, revenue grew 128.0%, free cash flow grew 14.5% and total debt rose 172.6%, each against the same quarter a year earlier. Insiders bought in the last twelve months.
28.49
0.29
−1.01%
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Target Price Range
Analyst price targets
Free accountTen years at a glance Fiscal years to December
| Group | Line | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Trend | 2026e | 2027e | 2028e |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Price, $ | |||||||||||||||
| Price, $ | Low | — | — | — | — | — | — | — | — | — | 19.31 |
Analyst estimates 2026–2028 Powerpack |
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| High | — | — | — | — | — | — | — | — | — | 27.12 | |||||
| People | |||||||||||||||
| People | Employees | — | — | — | — | — | — | — | — | 510 | 540 | ||||
| Revenue/emp, $m | — | — | — | — | — | — | — | 0.00 | 0.62 | 0.97 | |||||
| Income, $m | |||||||||||||||
| Income, $m | Revenue | — | — | — | — | — | — | — | 201 | 316 | 526 | ||||
| Gross margin, % | — | — | — | — | — | — | — | 51.67 | 52.72 | 53.87 | |||||
| EBT | — | — | — | — | — | — | — | 15 | 3 | (1) | |||||
| EBT margin, % | — | — | — | — | — | — | — | 7.36 | 1.05 | (0.20) | |||||
| Net income | — | — | — | — | — | — | — | 15 | 3 | 0 | |||||
| Depreciation | — | — | — | — | — | — | — | 51 | 85 | 147 | |||||
| Per share, $ | |||||||||||||||
| Per share, $ | Revenue | — | — | — | — | — | — | — | 0.00 | 0.00 | 12.15 | ||||
| Earnings | — | — | — | — | — | — | — | — | — | (0.10) | |||||
| Cash flow | — | — | — | — | — | — | — | 0.00 | 0.00 | 3.69 | |||||
| Capex | — | — | — | — | — | — | — | 0.00 | 0.00 | (5.98) | |||||
| Free cash flow | — | — | — | — | — | — | — | 0.00 | 0.00 | (2.28) | |||||
| Book value | — | — | — | — | — | — | — | 0.00 | 0.00 | 42.70 | |||||
| Shares, m | — | — | — | — | — | — | — | — | — | 43 | |||||
| Valuation, × | |||||||||||||||
| Valuation, × | P/E | — | — | — | — | — | — | — | 428.38 | 428.38 | 428.38 | ||||
| P/S | — | — | — | — | — | — | — | 0.00 | 0.00 | 1.65 | |||||
| P/B | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.47 | |||||
| EV/Sales | — | — | — | — | — | — | — | 0.00 | 0.00 | 4.30 | |||||
| EV/FCF | — | — | — | — | — | — | — | (4.32) | (4.32) | (22.85) | |||||
| Cash, $m | |||||||||||||||
| Cash, $m | Operating cash flow | — | — | — | — | — | — | — | 48 | 74 | 160 | ||||
| Capex | — | — | — | — | — | — | — | (146) | (157) | (259) | |||||
| Free cash flow | — | — | — | — | — | — | — | (97) | (83) | (99) | |||||
| Balance, $m | |||||||||||||||
| Balance, $m | Working capital | — | — | — | — | — | — | — | — | 37 | 72 | ||||
| Total debt | — | — | — | — | — | — | — | — | 593 | 1,444 | |||||
| Net debt | — | — | — | — | — | — | — | — | 580 | 1,393 | |||||
| Shareholders’ equity | — | — | — | — | — | — | — | — | 663 | 1,848 | |||||
| Returns, % | |||||||||||||||
| Returns, % | ROA | — | — | — | — | — | — | — | 0.00 | 0.44 | (0.18) | ||||
| ROIC | — | — | — | — | — | — | — | 0.00 | 2.84 | 1.52 | |||||
| ROE | — | — | — | — | — | — | — | 0.00 | 0.00 | (0.36) | |||||
Negative figures in brackets.
Fiscal years to Dec 2025 · latest quarter Jun 2026
Charts ten years each
WaterBridge Infrastructure LLC vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier
| Company | Market cap | P/E | Fwd P/E | Revenue growth (Q) | EPS growth (Q) | FCF growth (Q) | Gross margin (Q) | EBIT margin (Q) | Compare |
|---|---|---|---|---|---|---|---|---|---|
| AROC Archrock, Inc. | $5.1B | 15.9× | 18.4× | −3.11% (below 0%: shrinking) | +5.56% (above 0%: growing) | +49.96% (above 0%: growing) | 65.86% | 34.58% | Compare |
| WHD Cactus, Inc. | $4.9B | 51.9× | 23.0× | +64.32% (above 0%: growing) | +18.64% (above 0%: growing) | +23.95% (above 0%: growing) | 33.31% | 18.59% | Compare |
| KGS Kodiak Gas Services, Inc. | $4.8B | 55.5× | 31.9× | +21.15% (above 0%: growing) | +22.73% (above 0%: growing) | −194.00% (below 0%: shrinking) | 63.09% | 31.76% | Compare |
| OII Oceaneering International, Inc. | $4.3B | 12.6× | 21.4× | +10.03% (above 0%: growing) | +20.37% (above 0%: growing) | −31.05% (below 0%: shrinking) | 20.44% | 11.49% | Compare |
| TDW Tidewater Inc. | $3.9B | 16.0× | 23.4× | +0.25% (above 0%: growing) | −70.07% (below 0%: shrinking) | −15.92% (below 0%: shrinking) | 46.88% | 18.27% | Compare |
| USAC USA Compression Partners, LP | $3.6B | 23.9× | 23.3× | +36.79% (above 0%: growing) | +40.91% (above 0%: growing) | +7.22% (above 0%: growing) | 63.53% | 29.34% | Compare |
| WBI WaterBridge Infrastructure LLC | $3.6B | 356× | 327× | +128.00% (above 0%: growing) | — | +14.45% (above 0%: growing) | 59.80% | 18.49% | |
| EFXT Enerflex Ltd. | $3.0B | 57.9× | — | −5.37% (below 0%: shrinking) | −48.98% (below 0%: shrinking) | +950.00% (above 0%: growing) | 23.88% | 9.97% | Compare |
| LBRT Liberty Energy Inc. | $2.7B | 22.1× | 72.8× | +14.01% (above 0%: growing) | −40.91% (below 0%: shrinking) | −342.02% (below 0%: shrinking) | 17.53% | 1.07% | Compare |
| Median of peers | $4.1B | 23.0× | 23.3× | +12.02% | +12.10% | −4.35% | 40.10% | 18.43% |
WaterBridge Infrastructure LLC (WBI) key facts
- Strength: WaterBridge Infrastructure LLC’s revenue for fiscal 2025 (year ended December 2025) was $525.6 million, up 66.2% from fiscal 2024.
- WaterBridge Infrastructure LLC (WBI) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
- As of October 16, 2026, WBI traded at $28.49, a market capitalization of $3.6 billion.
- WaterBridge Infrastructure LLC pays an annual dividend of $0.15 per share, a yield of 0.53%, with a payout ratio of 187.5%.
- Return on equity was −0.36% and debt-to-equity 0.88.
- Its Altman Z-score is 0.51 (distress zone) for fiscal 2025.