Select Water Solutions, Inc.

WTTR Energy Oil & Gas Equipment & Services

Select Water Solutions, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.4 billion, down 3.08% from fiscal 2024.

Revenue
+8.67%
EPS
+70.0%
Free cash flow
+57.0%
Total debt
−4.15%

Quarter to June 2026, against a year earlier

16.12 0.68 +4.40%
Market cap
$2.0B
P/E
58.0×
Fwd P/E
36.7×
Dividend yield
1.79%
F-score
3/9
Altman Z
1.99
Beneish M
−3.16
Dividend safety
24/100

Select Water Solutions, Inc. (WTTR) Gross margin

Alert me on Gross margin

Select Water Solutions, Inc.'s gross margin over the twelve months to 30 June 2026 was 16.2%, up 1.8 percentage points from fiscal 2025 (14.4%). Over the past ten years it has ranged from −14.6% (fiscal 2016) to 15.1% (fiscal 2024); the current reading is higher than 82% of that period. That is below the Oil & Gas Equipment & Services industry median of 22.9% and below the Energy sector median of 42.1%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 14.4% (0.73)
FY2024 15.1% 0.50
FY2023 14.6% 3.02
FY2022 11.6% 8.86
FY2021 2.73% 7.57
FY2020 −4.84% (16.36)
FY2019 11.5% (1.46)
FY2018 13.0% 4.64
FY2017 8.34% 22.93
FY2016 −14.6% (16.88)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 19.4% 1.57
Mar 2026 17.8% 4.76
Dec 2025 13.1% (0.44)
Sep 2025 13.5% (2.34)
38 more quarters

Against its own ten years

Low −14.6% High 15.1%
Ten-year median 11.5%
Current reading's percentile 100

Gross margin against peers

Company Gross margin
FLOC Flowco Holdings Inc. compare 55.1%
INVX Innovex International, Inc. compare 33.6%
EFXT Enerflex Ltd. compare 23.6%
XPRO Expro Group Holdings N.V. compare 21.7%
LBRT Liberty Energy Inc. compare 18.0%
WTTR Select Water Solutions, Inc. 16.2%
NESR National Energy Services Reunited compare 13.4%
NEXT NextDecade Corporation compare 0.00%
EROK EagleRock Land LLC compare —
Oil & Gas Equipment & Services industry median 22.9%
Energy sector median 42.1%
Market median 45.1%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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