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%
Market cap
$3.6B
P/E
356×
Fwd P/E
327×
Dividend yield
0.53%
F-score
n/a
Altman Z
0.51
Beneish M
−0.96
Dividend safety
n/a

Insider Decisions trades per month

Total buys 0.26
Total sells 584.16
Totals in millions of $.
Dec 25 Mar 26 Jun 26 Sep 26
Buy — — 4 — — — — — — — — —
Sell — — — — — — — 4 — — — —
Insider Ownership 36.26%

Capital & Financial Ratios $m

Market Cap 3,550.00
Revenue 750.88
Net Income 15.25
Free Cash Flow (120.72)
Net Debt 1,568.91
Current Ratio 1.54 (at or above 1.5: strong)
Debt/Equity 0.88
P/E ratio 356.13 (above 35: high)
Fwd P/E 327.00 (above 35: high)
P/S ratio 1.85
P/B ratio 0.76
Past 5Y EPS Growth —
This Y EPS Growth 216.69% (at or above 15%: strong)
Next Y EPS Growth 22.76% (at or above 15%: strong)
Next Y revenue growth 71.53% (at or above 10%: strong)
Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

Dividends

Payout Ratio 1.88
Annual Dividend Rate 0.15
Annual Dividend Yield 0.53%
total individual payouts
2028 Powerpack
2027 Powerpack
2026 0.20
0.05
0.05
0.05
2025 Powerpack
predictions special payouts not included in total or ratios

Assets vs Liabilities $m

2023 2024 2025 Q'26
Cash — 13 52 48
Receivables — 101 195 213
Inventory — — — —
Other — — — —
— 120 261 268
2023 2024 2025 Q'26
Payables — 31 45 57
ST’ Debt — 7 13 7
Other — 2 2 4
— 83 189 174

Compound Annual Growth %

10y 5y 3y
Sales — — —
Cash Flow — — —
Earnings — — —
Book Value — — —

Revenue $m

Mar Jun Sep Dec Year
’26 201 218 — — —
’25 98 96 123 209 526
’24 — — 90 — 316
Fiscal quarters ending in the months shown.

Operating Cash Flow $m

Mar Jun Sep Dec Year
’26 95 65 — — —
’25 43 16 12 88 160
’24 — — 65 9 74
Fiscal quarters ending in the months shown.

Free Cash Flow $m

Mar Jun Sep Dec Year
’26 (15) (58) — — —
’25 17 (68) (47) (1) (99)
’24 — — (61) (22) (83)
Fiscal quarters ending in the months shown.

EPS $

Mar Jun Sep Dec Year
’26 0.08 0.10 — — —
Fiscal quarters ending in the months shown.

Target Price Range

Analyst price targets

Recommendation Rating

1.4
1Buy 2 3Hold 4 5Sell

Ten 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
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.

All 10 years →

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%

All 46 Oil & Gas Equipment & Services stocks →

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.

Source: company filings (standardised) and stockrow calculations.

WaterBridge Infrastructure LLC (WBI) Latest News

9 Aug

Impact 4 · transcript

16 Mar

stockrow.com/WBI · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com