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

16.22 0.78 +5.05%
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) Piotroski F-score

Alert me on Piotroski F-score

Select Water Solutions, Inc.'s Piotroski F-score for fiscal 2025 is 3 out of 9: 3 of nine tests of profitability, leverage and efficiency passed, down from 5 in fiscal 2024.

Piotroski F-score, annual

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Annual newest first

Period Piotroski F-score Change (points)
FY2025 3 (2.00)
FY2024 5 (2.00)
FY2023 7 1.00
FY2022 6 2.00
FY2021 4 0.00
FY2020 4 (1.00)
FY2019 5 (2.00)
FY2018 7 4.00
FY2017 3 —

How fiscal 2025’s score is made up

Test This year Year before Result Points
Positive return on assets 1.43% 2.37% Pass 1
Positive operating cash flow 214.67m 234.89m Pass 1
Rising return on assets 1.43% 2.37% Fail 0
Cash flow above net income 193.45m 204.24m Pass 1
Falling long-term leverage 0.19 0.07 Fail 0
Rising current ratio 1.57 1.65 Fail 0
No new shares issued 118,081,800 116,207,900 Fail 0
Rising gross margin 14.38% 15.11% Fail 0
Rising asset turnover 0.95 1.12 Fail 0
Piotroski F-score Weak — most fundamentals deteriorated 3

How the Piotroski F-score works

One point for each of nine tests, this fiscal year against the one before: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, a rising current ratio, no new shares issued, a rising gross margin and rising asset turnover. The ratios are the ones on this site, so each can be checked.

Joseph Piotroski (2000) called 8–9 high and 0–1 low; reading it in three bands is the common convention:

7–9Strong — most fundamentals improved
4–6Mixed
0–3Weak — most fundamentals deteriorated

Where this differs from the paper: return on assets is on average rather than beginning-of-year assets, and weighted basic shares stand in for shares issued. The score is shown only when all nine tests can be worked out, which takes three fiscal years; banks and insurers, which report no current assets or gross profit, have none.

Piotroski F-score against peers

What Piotroski F-score is

The Piotroski F-Score tells an investor how many signs of improving profitability, funding and efficiency a company shows against a year earlier.

One point for each of nine tests against a year earlier: positive return on assets, positive operating cash flow, rising return on assets, cash flow above net income, falling long-term leverage, rising current ratio, no new shares issued, rising gross margin, and rising asset turnover

The full definition of Piotroski F-score →

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