WaterBridge Infrastructure LLC (WBI) vs Select Water Solutions, Inc. (WTTR)

WaterBridge Infrastructure LLC and Select Water Solutions, Inc. are both Oil & Gas Equipment & Services companies. WaterBridge Infrastructure LLC is the larger, with a market value of $3.7B against $2.7B — 1.4× the size. Select Water Solutions, Inc. trades at the lower P/E: 73.7× against 373×. Select Water Solutions, Inc. has the higher net margin (2.24% vs −0.63%) and the higher return on invested capital (2.30% vs 2.15%). Across the 17 metrics below, Select Water Solutions, Inc. leads on 13 and WaterBridge Infrastructure LLC on 4.

Valuation

Metric WBI WTTR Oil & Gas Equipment & Services median
P/E 372.50 73.67 24.78
P/S 1.94 1.88 1.28
P/B 0.79 2.37 1.85
Price to free cash flow n/m n/m 15.03
EV/EBITDA 8.33 11.96 8.93
EV/Sales 4.02 2.04 1.40
Earnings yield 0.27% 1.36% 3.12%
Free cash flow yield (8.31%) (2.74%) 5.01%

Profitability

Metric WBI WTTR Oil & Gas Equipment & Services median
Gross margin 56.99% 16.15% 23.27%
Operating margin 15.54% 3.51% 9.34%
Net margin (0.63%) 2.24% 4.69%
Free cash flow margin (16.08%) (5.17%) 5.05%
Return on equity (0.38%) 3.10% 4.92%
Return on assets (0.24%) 1.92% 2.37%
Return on invested capital 2.15% 2.30% 4.32%

Growth

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

Health

Metric WBI WTTR Oil & Gas Equipment & Services median
Debt to equity 0.88 0.23 0.46
Current ratio 1.54 1.58 2.11
Net debt to EBITDA 6.16 1.41 0.76

Dividend

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

Size

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

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