Select Water Solutions Financials

WTTR

Trailing 12 months to June 30, 2026

Revenue $1.4B -2.0% YoY

Net Income $32.0M -3.2% YoY

EPS (Diluted) Not reported for the trailing 12 months

Free Cash Flow -$82.0M -253.8% YoY

Source SEC Filings (10-K/10-Q) Latest period Q2 FY2026, ended Jun 30, 2026 Reported Aug 5, 2026 Currency USD FYE December

Select Water Solutions (WTTR) reported $1.4B in revenue over the twelve months to Jun 30, 2026, down 2.0% from the prior twelve months. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 11 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).

Rhea AI WTTR FY2025 2026-08-15

Heavy reinvestment is absorbing cash despite reported profits, while rising debt funds an increasingly capital-intensive operating model.

After free cash flow reached $149M in FY2023, it fell to -$79.9M by FY2025 while net income stayed positive; this means reinvestment, not accounting earnings, is determining cash availability. Meanwhile, long-term debt rose from $85M to $285M as capital expenditures climbed, linking the weaker cash profile to expansion financed partly externally.

Gross margin stayed at 14.4% in FY2025, yet operating margin was only 2.1%, showing that operating costs absorb most of the gross profit before it can support reinvestment or reduce financing dependence.

The current ratio compressed from 2.4x in FY2021 to 1.6x in FY2025, so short-term cushion has narrowed even though current assets still exceed current liabilities. Cash of $18.1M against long-term debt of $285M reflects a more debt-funded balance-sheet posture.

Financial Health Signals

Financial Health Score 26/100

Scored as: Energy peer group

Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →

Health score ≠ stock price. This rates the quality of Select Water Solutions's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.

Profitability

Growth

Leverage

Liquidity

Cash Flow

Returns

Altman Z-Score Safe

3.11

Select Water Solutions scores 3.11, well above the 2.99 safe threshold. The score is driven primarily by a large market capitalization ($2.5B) relative to total liabilities ($668.5M). This indicates low bankruptcy risk based on profitability, leverage, and asset efficiency.

Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.

Piotroski F-Score Partial

3/8

Select Water Solutions passes 3 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.

Earnings Quality Cash-Backed

10.12x

For every $1 of reported earnings, Select Water Solutions generates $10.12 in operating cash flow ($214.7M OCF vs $21.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.

Interest Coverage At Risk

1.24x

Select Water Solutions earns $1.24 in operating income for every $1 of interest expense ($28.8M vs $23.2M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.

Key Financial Metrics

Export CSV

Earnings & Revenue

Revenue

$1.4B

YoY-3.1%

5Y CAGR+18.4%

10Y CAGR+10.1%

Select Water Solutions generated $1.4B in revenue in fiscal year 2025. This represents a decrease of 3.1% from the prior year.

EBITDA

$34.1M

YoY-41.1%

10Y CAGR-1.3%

Select Water Solutions's EBITDA was $34.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 41.1% from the prior year.

Net Income

$21.2M

YoY-30.7%

Select Water Solutions reported $21.2M in net income in fiscal year 2025. This represents a decrease of 30.7% from the prior year.

EPS (Diluted)

Not reported for fiscal year 2025.

Cash & Balance Sheet

Free Cash Flow

-$79.9M

YoY-229.4%

Select Water Solutions recorded an outflow of $79.9M in free cash flow in fiscal year 2025, representing a cash shortfall after capex. This represents a decrease of 229.4% from the prior year.

Cash & Debt

$18.1M

YoY-9.5%

5Y CAGR-36.0%

10Y CAGR-7.6%

Select Water Solutions held $18.1M in cash against $285.0M in long-term debt as of fiscal year 2025.

Dividends Per Share

Not reported for fiscal year 2025.

Shares Outstanding

Not reported for fiscal year 2025.

Margins & Returns

Gross Margin

14.4%

YoY-0.7pp

5Y CAGR+19.2pp

10Y CAGR+12.1pp

Select Water Solutions's gross margin was 14.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs. This is down 0.7 percentage points from the prior year.

Operating Margin

2.1%

YoY-1.7pp

5Y CAGR+67.3pp

10Y CAGR+14.9pp

Select Water Solutions's operating margin was 2.1% in fiscal year 2025, reflecting core business profitability. This is down 1.7 percentage points from the prior year.

Net Margin

1.5%

YoY-0.6pp

5Y CAGR+57.5pp

10Y CAGR+16.8pp

Select Water Solutions's net profit margin was 1.5% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.6 percentage points from the prior year.

Return on Equity

2.6%

YoY-1.2pp

5Y CAGR+59.7pp

10Y CAGR+27.6pp

Select Water Solutions's ROE was 2.6% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 1.2 percentage points from the prior year.

Capital Allocation

Share Buybacks

$7.3M

YoY-7.9%

5Y CAGR-7.7%

Select Water Solutions spent $7.3M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents a decrease of 7.9% from the prior year.

Capital Expenditures

$294.6M

YoY+70.1%

5Y CAGR+69.2%

10Y CAGR+18.5%

Select Water Solutions invested $294.6M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents an increase of 70.1% from the prior year.

R&D Spending

Not reported for fiscal year 2025.

WTTR Income Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WTTR quarterly income statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Revenue	$1.4B	$1.4B-3.1%	$1.5B-8.4%	$1.6B+14.3%	$1.4B+81.5%	$764.6M+26.4%	$605.1M-53.2%	$1.3B-15.5%	$1.5B+120.8%	$692.5M+129.0%	$302.4M-43.5%	$535.6M
Cost of Revenue	$1.2B	$1.2B-2.2%	$1.2B-8.9%	$1.4B+10.4%	$1.2B+64.9%	$743.8M+17.2%	$634.4M-44.5%	$1.1B-14.1%	$1.3B+109.6%	$634.7M+83.2%	$346.5M-33.8%	$523.3M
Gross Profit	$231.0M	$202.4M-7.8%	$219.5M-5.3%	$231.7M+44.1%	$160.8M+670.6%	$20.9M+171.3%	-$29.3M-119.7%	$148.7M-25.1%	$198.5M+243.5%	$57.8M+230.9%	-$44.1M-460.4%	$12.2M
SG&A Expenses	$166.7M	$161.3M+0.8%	$160.0M+2.8%	$155.5M+30.8%	$118.9M+43.2%	$83.1M+11.7%	$74.4M-33.4%	$111.6M+8.2%	$103.2M+25.2%	$82.4M+137.9%	$34.6M-38.7%	$56.5M
Operating Income	$50.2M	$28.8M-47.1%	$54.5M-10.9%	$61.2M+56.2%	$39.2M+159.8%	-$65.5M+83.4%	-$394.8M-1810.9%	$23.1M-62.6%	$61.7M+305.6%	-$30.0M+90.0%	-$299.0M-334.7%	-$68.8M
Interest Expense	$23.6M	$23.2M+232.8%	$7.0M+58.5%	$4.4M+62.7%	$2.7M+57.8%	$1.7M-19.9%	$2.1M-20.5%	$2.7M-49.4%	$5.3M-19.9%	$6.6M-58.9%	$16.1M+17.8%	$13.7M
Income Tax	-$230K	-$1.6M-111.9%	$13.6M+122.5%	-$60.2M-6390.1%	$957K+551.0%	$147K+110.0%	-$1.5M-175.7%	$1.9M+14.4%	$1.7M+300.2%	-$851K-62.4%	-$524K-261.7%	$324K
Net Income	$32.0M	$21.2M-30.7%	$30.6M-58.8%	$74.4M+54.1%	$48.3M+214.3%	-$42.2M+87.5%	-$338.7M-12265.4%	$2.8M-92.4%	$36.5M+317.1%	-$16.8M-1512.3%	-$1.0M+98.7%	-$81.9M

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Revenue	$395.8M+8.2%	$366.0M+5.6%	$346.5M+7.5%	$322.2M-11.5%	$364.2M-2.7%	$374.4M+7.3%	$349.0M-6.0%	$371.3M
Cost of Revenue	$319.0M+6.1%	$300.7M-0.2%	$301.2M+8.1%	$278.7M-9.1%	$306.5M-3.8%	$318.6M+4.5%	$304.9M-1.3%	$308.9M
Gross Profit	$76.8M+17.7%	$65.3M+44.0%	$45.3M+4.1%	$43.6M-24.6%	$57.8M+3.6%	$55.8M+26.2%	$44.2M-29.2%	$62.4M
SG&A Expenses	$41.2M+1.5%	$40.6M-6.3%	$43.3M+3.8%	$41.7M+7.0%	$38.9M+4.0%	$37.4M-5.8%	$39.7M+6.7%	$37.3M
Operating Income	$34.3M+91.1%	$18.0M+4730.9%	-$388K+78.1%	-$1.8M-111.5%	$15.4M-0.7%	$15.5M+496.6%	$2.6M-89.4%	$24.5M
Interest Expense	$5.0M-15.0%	$5.9M-11.8%	$6.7M+12.3%	$6.0M+5.6%	$5.6M+15.8%	$4.9M+176.9%	$1.8M-7.6%	$1.9M
Income Tax	$6.4M+161.4%	$2.4M+125.7%	-$9.5M-2279.0%	$434K-90.4%	$4.5M+56.2%	$2.9M+25.6%	$2.3M-60.6%	$5.9M
Net Income	$21.0M+144.4%	$8.6M+2587.3%	-$346K-112.9%	$2.7M-74.8%	$10.6M+29.2%	$8.2M+602.4%	-$1.6M-110.4%	$15.8M

Not reported in any period shown, so not listed: R&D Expenses, EPS (Diluted).

WTTR Balance Sheet

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WTTR quarterly balance sheet

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Total Assets	$1.6B+16.8%	$1.4B+12.2%	$1.2B-0.4%	$1.2B+28.7%	$950.2M+8.5%	$875.4M-35.0%	$1.3B-1.0%	$1.4B+0.3%	$1.4B+234.9%	$405.1M	N/A
Current Assets	$354.4M-8.1%	$385.5M-15.1%	$454.1M-12.3%	$517.9M+31.2%	$394.8M+12.3%	$351.5M-15.4%	$415.6M-3.8%	$432.2M-3.2%	$446.5M+258.2%	$124.7M	N/A
Cash & Equivalents	$18.1M-9.5%	$20.0M-65.0%	$57.1M+679.6%	$7.3M-91.5%	$85.8M-49.2%	$169.0M+113.2%	$79.3M+359.9%	$17.2M+521.4%	$2.8M-93.1%	$40.0M0.0%	$40.0M
Inventory	$34.3M-10.8%	$38.4M-0.5%	$38.7M-6.1%	$41.2M-7.4%	$44.5M+33.2%	$33.4M-11.1%	$37.5M-16.6%	$45.0M+0.9%	$44.6M+4355.3%	$1.0M	N/A
Accounts Receivable	N/A	N/A	N/A	$430.0M+84.7%	$232.8M+79.9%	$129.4M-51.7%	$267.6M-21.7%	$341.7M-8.5%	$373.6M+392.3%	$75.9M	N/A
Goodwill	$48.5M+166.2%	$18.2M+289.0%	$4.7M	N/A	N/A	N/A	$266.9M-2.5%	$273.8M+0.1%	$273.4M+2133.5%	$12.2M-91.9%	$150.8M
Total Liabilities	$668.5M+48.3%	$450.7M+38.3%	$326.0M-3.9%	$339.1M+33.0%	$255.0M+50.5%	$169.5M-27.8%	$234.8M-55.5%	$527.7M-24.6%	$699.7M+139.3%	$292.4M	N/A
Current Liabilities	$225.7M-3.3%	$233.4M+10.3%	$211.5M-8.5%	$231.3M+42.7%	$162.0M+82.6%	$88.8M-41.6%	$151.9M-15.5%	$179.7M-3.0%	$185.2M+299.3%	$46.4M	N/A
Long-Term Debt	$285.0M+235.3%	$85.0M	N/A	$16.0M	N/A	N/A	N/A	$45.0M-40.0%	$75.0M	N/A	N/A
Total Equity	$805.6M+1.5%	$793.5M+2.7%	$772.5M+0.9%	$766.0M+29.4%	$592.1M-0.2%	$593.1M-36.7%	$937.2M+12.5%	$832.9M+26.8%	$656.6M+482.6%	$112.7M-65.6%	$327.8M
Retained Earnings	-$184.9M+10.3%	-$206.1M+12.9%	-$236.8M+23.9%	-$311.2M+13.4%	-$359.5M-13.3%	-$317.2M-1579.9%	$21.4M+14.9%	$18.7M+204.4%	-$17.9M-1612.3%	-$1.0M	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Total Assets	$1.8B+4.7%	$1.7B+7.0%	$1.6B+0.5%	$1.6B+2.7%	$1.5B+0.1%	$1.5B+13.1%	$1.4B+1.5%	$1.3B
Current Assets	$436.1M-1.9%	$444.4M+25.4%	$354.4M-6.8%	$380.3M-13.5%	$439.4M-4.0%	$457.9M+18.8%	$385.5M-2.8%	$396.7M
Cash & Equivalents	$33.4M-40.3%	$56.0M+209.5%	$18.1M+1.4%	$17.8M-65.2%	$51.2M+83.5%	$27.9M+39.6%	$20.0M+82.6%	$10.9M
Inventory	$48.0M+28.6%	$37.3M+8.9%	$34.3M-9.7%	$38.0M-8.9%	$41.7M+2.2%	$40.8M+6.1%	$38.4M+7.3%	$35.8M
Goodwill	$48.5M0.0%	$48.5M0.0%	$48.5M+7.4%	$45.1M+147.8%	$18.2M0.0%	$18.2M0.0%	$18.2M-39.8%	$30.3M
Total Liabilities	$650.2M+10.7%	$587.2M-12.2%	$668.5M+1.8%	$656.5M+5.3%	$623.4M-0.8%	$628.3M+39.4%	$450.7M+5.5%	$427.2M
Current Liabilities	$276.4M+19.3%	$231.6M+2.6%	$225.7M-2.4%	$231.3M+5.6%	$219.1M-12.3%	$249.9M+7.1%	$233.4M+4.8%	$222.6M
Long-Term Debt	$196.4M-1.6%	$199.6M-30.0%	$285.0M-0.1%	$285.4M+5.4%	$270.8M+10.1%	$245.9M+189.3%	$85.0M+6.3%	$80.0M
Total Equity	$1.0B+5.8%	$991.5M+23.1%	$805.6M-0.3%	$808.1M+1.1%	$799.3M+0.8%	$793.1M-0.1%	$793.5M-0.4%	$796.5M
Retained Earnings	-$155.3M+11.9%	-$176.3M+4.7%	-$184.9M-0.2%	-$184.6M+1.4%	-$187.3M+5.4%	-$197.9M+4.0%	-$206.1M-0.8%	-$204.5M

Not reported in any period shown, so not listed: Accounts Receivable.

WTTR Cash Flow Statement

Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.

WTTR quarterly cash flow statement

Metric	TTM	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Operating Cash Flow	$234.1M	$214.7M-8.6%	$234.9M-17.7%	$285.4M+758.7%	$33.2M+304.5%	-$16.2M-115.4%	$105.8M-48.1%	$203.9M-12.2%	$232.4M+8116.9%	-$2.9M-156.5%	$5.1M-96.6%	$152.0M
Capital Expenditures	$316.1M	$294.6M+70.1%	$173.2M+27.4%	$135.9M+89.0%	$71.9M+79.7%	$40.0M+88.3%	$21.2M-80.7%	$110.1M-33.4%	$165.4M+67.5%	$98.7M+172.0%	$36.3M-32.9%	$54.1M
Free Cash Flow	-$82.0M	-$79.9M-229.4%	$61.7M-58.7%	$149.5M+486.7%	-$38.7M+31.3%	-$56.2M-166.5%	$84.6M-9.8%	$93.8M+39.9%	$67.0M+166.0%	-$101.6M-226.1%	-$31.2M-131.8%	$97.9M
Investing Cash Flow	-$387.2M	-$405.0M-27.1%	-$318.6M-132.3%	-$137.2M-157.6%	-$53.2M+17.4%	-$64.5M-1095.2%	-$5.4M+93.0%	-$77.4M+54.1%	-$168.4M-7.4%	-$156.7M-481.5%	-$27.0M+30.4%	-$38.7M
Financing Cash Flow	$135.3M	$188.4M+303.9%	$46.6M+147.4%	-$98.4M-68.4%	-$58.5M-2199.4%	-$2.5M+76.3%	-$10.7M+83.4%	-$64.7M-31.2%	-$49.3M-140.3%	$122.4M+168.7%	$45.6M+142.4%	-$107.3M
Dividends Paid	$35.1M	$33.7M+13.1%	$29.7M+19.3%	$24.9M+314.0%	$6.0M	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Share Buybacks	$8.9M	$7.3M-7.9%	$7.9M-87.2%	$61.8M+205.6%	$20.2M+1575.8%	$1.2M-88.9%	$10.9M-41.5%	$18.6M+12.3%	$16.6M+5476.4%	$297K	N/A	N/A

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Operating Cash Flow	$86.7M+746.9%	$10.2M-84.4%	$65.5M-8.7%	$71.7M-13.2%	$82.6M+1731.8%	-$5.1M-107.5%	$67.8M+30.6%	$51.9M
Capital Expenditures	$71.0M-9.4%	$78.4M+9.6%	$71.5M-24.9%	$95.2M+19.9%	$79.4M+64.0%	$48.4M-12.1%	$55.1M+47.1%	$37.4M
Free Cash Flow	$15.7M+123.1%	-$68.1M-1026.8%	-$6.0M+74.3%	-$23.5M-840.1%	$3.2M+105.9%	-$53.5M-521.4%	$12.7M-12.1%	$14.4M
Investing Cash Flow	-$112.2M-44.7%	-$77.5M-8.8%	-$71.3M+43.5%	-$126.2M-68.3%	-$75.0M+43.4%	-$132.5M-143.7%	-$54.4M-35.5%	-$40.1M
Financing Cash Flow	$2.9M-97.2%	$105.2M+1635.9%	$6.1M-71.4%	$21.2M+35.1%	$15.7M-89.2%	$145.5M+3452.5%	-$4.3M+74.8%	-$17.2M
Dividends Paid	$9.6M+9.4%	$8.8M+4.1%	$8.4M+0.3%	$8.4M+0.9%	$8.3M-3.0%	$8.6M+4.3%	$8.2M+17.1%	$7.0M
Share Buybacks	$621K-91.8%	$7.6M+1920.7%	$377K+13.6%	$332K+16.1%	$286K-95.5%	$6.3M+968.1%	$589K+244.4%	$171K

WTTR Financial Ratios

Margins and returns are percentages; the remaining ratios are unitless multiples.

WTTR quarterly financial ratios

Metric	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18	FY17	FY16	FY15
Gross Margin	14.4%-0.7pp	15.1%+0.5pp	14.6%+3.0pp	11.6%+8.9pp	2.7%+7.6pp	-4.8%-16.4pp	11.5%-1.5pp	13.0%+4.6pp	8.3%+22.9pp	-14.6%-16.9pp	2.3%
Operating Margin	2.1%-1.7pp	3.8%-0.1pp	3.9%+1.0pp	2.8%+11.4pp	-8.6%+56.7pp	-65.2%-67.0pp	1.8%-2.2pp	4.0%+8.4pp	-4.3%+94.5pp	-98.9%-86.0pp	-12.8%
Net Margin	1.5%-0.6pp	2.1%-2.6pp	4.7%+1.2pp	3.5%+9.0pp	-5.5%+50.4pp	-56.0%-56.2pp	0.2%-2.2pp	2.4%+4.8pp	-2.4%-2.1pp	-0.3%+15.0pp	-15.3%
Return on Equity	2.6%-1.2pp	3.9%-5.8pp	9.6%+3.3pp	6.3%+13.4pp	-7.1%+50.0pp	-57.1%-57.4pp	0.3%-4.1pp	4.4%+6.9pp	-2.6%-1.6pp	-0.9%+24.1pp	-25.0%
Return on Assets	1.3%-0.9pp	2.2%-3.9pp	6.1%+2.2pp	4.0%+8.4pp	-4.4%+34.3pp	-38.7%-38.9pp	0.2%-2.5pp	2.7%+3.9pp	-1.2%-1.0pp	-0.3%	N/A
Current Ratio	1.57-0.1x	1.65-0.5x	2.15-0.1x	2.24-0.2x	2.44-1.5x	3.96+1.2x	2.74+0.3x	2.400.0x	2.41-0.3x	2.69	N/A
Debt-to-Equity	0.35+0.2x	0.11-0.3x	0.42+0.4x	0.02-0.4x	0.43+0.1x	0.290.0x	0.25+0.2x	0.05-0.1x	0.11-2.5x	2.59	N/A
FCF Margin	-5.7%-9.9pp	4.3%-5.2pp	9.4%+12.2pp	-2.8%+4.6pp	-7.4%-21.3pp	14.0%+6.7pp	7.3%+2.9pp	4.4%+19.1pp	-14.7%-4.4pp	-10.3%-28.6pp	18.3%

Metric	Q2'26	Q1'26	Q4'25	Q3'25	Q2'25	Q1'25	Q4'24	Q3'24
Gross Margin	19.4%+1.6pp	17.8%+4.8pp	13.1%-0.4pp	13.5%-2.3pp	15.9%+1.0pp	14.9%+2.2pp	12.7%-4.2pp	16.8%
Operating Margin	8.7%+3.8pp	4.9%+5.0pp	-0.1%+0.4pp	-0.5%-4.8pp	4.2%+0.1pp	4.2%+3.4pp	0.8%-5.9pp	6.6%
Net Margin	5.3%+3.0pp	2.4%+2.5pp	-0.1%-0.9pp	0.8%-2.1pp	2.9%+0.7pp	2.2%+2.7pp	-0.5%-4.7pp	4.3%
Return on Equity	2.0%+1.1pp	0.9%+0.9pp	0.0%-0.4pp	0.3%-1.0pp	1.3%+0.3pp	1.0%+1.2pp	-0.2%-2.2pp	2.0%
Return on Assets	1.2%+0.7pp	0.5%+0.5pp	0.0%-0.2pp	0.2%-0.5pp	0.7%+0.2pp	0.5%+0.7pp	-0.1%-1.3pp	1.2%
Current Ratio	1.58-0.3x	1.92+0.3x	1.57-0.1x	1.64-0.4x	2.01+0.2x	1.83+0.2x	1.65-0.1x	1.78
Debt-to-Equity	0.190.0x	0.20-0.2x	0.350.0x	0.350.0x	0.340.0x	0.31+0.2x	0.110.0x	0.10
FCF Margin	4.0%+22.6pp	-18.6%-16.9pp	-1.8%+5.5pp	-7.3%-8.2pp	0.9%+15.2pp	-14.3%-17.9pp	3.6%-0.2pp	3.9%

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Where Select Water Solutions Ranks

Frequently Asked Questions

What is Select Water Solutions's annual revenue?

Select Water Solutions (WTTR) reported $1.4B in total revenue for fiscal year 2025. This represents a -3.1% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.

How fast is Select Water Solutions's revenue growing?

Select Water Solutions (WTTR) revenue declined by 3.1% year-over-year, from $1.5B to $1.4B in fiscal year 2025.

Is Select Water Solutions profitable?

Yes, Select Water Solutions (WTTR) reported a net income of $21.2M in fiscal year 2025, with a net profit margin of 1.5%.

What is Select Water Solutions's EBITDA?

Select Water Solutions (WTTR) had EBITDA of $34.1M in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.

How much debt does Select Water Solutions have?

As of fiscal year 2025, Select Water Solutions (WTTR) had $18.1M in cash and equivalents against $285.0M in long-term debt.

What is Select Water Solutions's gross margin?

Select Water Solutions (WTTR) had a gross margin of 14.4% in fiscal year 2025, indicating the percentage of revenue retained after direct costs of goods sold.

What is Select Water Solutions's operating margin?

Select Water Solutions (WTTR) had an operating margin of 2.1% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.

What is Select Water Solutions's net profit margin?

Select Water Solutions (WTTR) had a net profit margin of 1.5% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.

What is Select Water Solutions's return on equity (ROE)?

Select Water Solutions (WTTR) has a return on equity of 2.6% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.

What is Select Water Solutions's free cash flow?

Select Water Solutions (WTTR) recorded an outflow of $79.9M in free cash flow during fiscal year 2025. This represents a -229.4% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.

What is Select Water Solutions's operating cash flow?

Select Water Solutions (WTTR) generated $214.7M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.

What are Select Water Solutions's total assets?

Select Water Solutions (WTTR) had $1.6B in total assets as of fiscal year 2025, including both current and long-term assets.

What are Select Water Solutions's capital expenditures?

Select Water Solutions (WTTR) invested $294.6M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.

Does Select Water Solutions buy back shares?

Yes, Select Water Solutions (WTTR) spent $7.3M on share buybacks during fiscal year 2025, returning capital to shareholders by reducing shares outstanding.

What is Select Water Solutions's current ratio?

Select Water Solutions (WTTR) had a current ratio of 1.57 as of fiscal year 2025, which is generally considered healthy.

What is Select Water Solutions's debt-to-equity ratio?

Select Water Solutions (WTTR) had a debt-to-equity ratio of 0.35 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.

What is Select Water Solutions's return on assets (ROA)?

Select Water Solutions (WTTR) had a return on assets of 1.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.

What is Select Water Solutions's Altman Z-Score?

Select Water Solutions (WTTR) has an Altman Z-Score of 3.11, placing it in the Safe Zone (low bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.

What is Select Water Solutions's Piotroski F-Score?

Select Water Solutions (WTTR) has a Piotroski F-Score of 3 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.

Are Select Water Solutions's earnings high quality?

Select Water Solutions (WTTR) has an earnings quality ratio of 10.12x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.

Can Select Water Solutions cover its interest payments?

Select Water Solutions (WTTR) has an interest coverage ratio of 1.24x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.

How financially healthy is Select Water Solutions?

Select Water Solutions (WTTR) scores 26 out of 100 on our Financial Health Score, indicating weak standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.