USA Compression Partners, LP (USAC) vs Select Water Solutions, Inc. (WTTR)

USA Compression Partners, LP and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. USA Compression Partners, LP is the larger, with a market value of $3.7B against $2.7B — 1.4× the size. USA Compression Partners, LP trades at the lower P/E: 23.9× against 73.7×. USA Compression Partners, LP grew revenue faster over the last twelve months: 19.9% against −1.95%. USA Compression Partners, LP has the higher net margin (12.3% vs 2.24%) and the higher return on invested capital (6.84% vs 2.30%). Both pay a dividend; USA Compression Partners, LP yields more (8.57% vs 2.75%). Across the 21 metrics below, USA Compression Partners, LP leads on 14 and Select Water Solutions, Inc. on 7.

Valuation

Metric USAC WTTR Oil & Gas Equipment & Services median
P/E 23.87 73.67 24.78
P/S 3.15 1.88 1.28
P/B 12.90 2.37 1.85
Price to free cash flow 11.85 n/m 15.03
EV/EBITDA 9.74 11.96 8.93
EV/Sales 5.64 2.04 1.40
Earnings yield 4.19% 1.36% 3.12%
Free cash flow yield 8.44% (2.74%) 5.01%

Profitability

Metric USAC WTTR Oil & Gas Equipment & Services median
Gross margin 65.70% 16.15% 23.27%
Operating margin 29.95% 3.51% 9.34%
Net margin 12.27% 2.24% 4.69%
Free cash flow margin 26.57% (5.17%) 5.05%
Return on equity 174.21% 3.10% 4.92%
Return on assets 4.54% 1.92% 2.37%
Return on invested capital 6.84% 2.30% 4.32%

Growth

Metric USAC WTTR Oil & Gas Equipment & Services median
Revenue growth (TTM) 19.87% (1.95%) 6.08%
EPS growth (last fiscal year) 18.06% (30.00%) —
Revenue growth, 5-year CAGR 8.37% 18.39% 10.60%
Net income growth, 5-year CAGR 0.00% 0.00% 0.00%

Health

Metric USAC WTTR Oil & Gas Equipment & Services median
Debt to equity 10.25 0.23 0.46
Current ratio 1.35 1.58 2.11
Net debt to EBITDA 4.14 1.41 0.76

Dividend

Metric USAC WTTR Oil & Gas Equipment & Services median
Dividend yield 8.57% 2.75% 2.12%
Payout ratio — 0.25 0.00

Size

Metric USAC WTTR Oil & Gas Equipment & Services median
Market cap 3.70b 2.68b 1.81b

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