Select Water Solutions (WTTR) Gross Margin (2016 - 2026)
Select Water Solutions (WTTR) posted Gross Margin of 19.41% for Q2 2026, up 3.56 percentage points from 15.86% a year earlier and up 1.58 percentage points from the prior quarter.
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Analysis
Select Water Solutions (WTTR) Gross Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Select Water Solutions was 16.15%, up 1.06 percentage points year-over-year; for FY2025, it was 14.38%, down 0.73 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +19.22 percentage points (FY2020 to FY2025).
- In prior years, Select Water Solutions' Gross Margin was 15.11% in FY2024 (+0.50 pp), 14.61% in FY2023 (+3.03 pp), 11.59% in FY2022 (+8.86 pp) and 2.73% in FY2021 (+7.56 pp).
- The Q2 2026 figure stands as the highest quarterly Gross Margin in data going back to Q1 2016.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of +0.50 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q3 2021, with a gain of 21.08 percentage points; the weakest was Q3 2025, with a drop of 3.30 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 17.84% (Q1 2026), 13.08% (Q4 2025) and 13.52% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.69 Bn | 76.14 Bn | 1.57 Bn | 16.57% |
| 2 | Baker Hughes | 54.14 Bn | 15.87 Bn | 1.96 Bn | 24.39% |
| 3 | Halliburton | 29.80 Bn | 21.70 Bn | 840.00 Mn | 14.73% |
| 4 | TechnipFMC | 26.38 Bn | 22.52 Bn | 684.70 Mn | 24.78% |
| 5 | Noble | 7.56 Bn | 5.63 Bn | 228.22 Mn | 31.32% |
| 6 | Transocean | 7.49 Bn | 5.20 Bn | 358.00 Mn | 37.06% |
| 7 | Valaris | 7.04 Bn | 4.66 Bn | 123.70 Mn | 22.94% |
| 8 | Nov | 6.92 Bn | 1.80 Bn | 439.00 Mn | 19.72% |
| 9 | Weatherford International | 6.43 Bn | 2.17 Bn | 374.00 Mn | 32.72% |
| 10 | Select Water Solutions | 2.71 Bn | 2.58 Bn | 76.84 Mn | 19.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.41% |
| Mar 31, 2026 | 17.84% |
| Dec 31, 2025 | 13.08% |
| Sep 30, 2025 | 13.52% |
| Jun 30, 2025 | 15.86% |
| Mar 31, 2025 | 14.90% |
| Dec 31, 2024 | 12.66% |
| Sep 30, 2024 | 16.82% |
| Jun 30, 2024 | 16.48% |
| Mar 31, 2024 | 14.37% |
| Dec 31, 2023 | 14.55% |
| Sep 30, 2023 | 14.45% |
| Jun 30, 2023 | 15.12% |
| Mar 31, 2023 | 14.32% |
| Dec 31, 2022 | 10.89% |
| Sep 30, 2022 | 15.69% |
| Jun 30, 2022 | 10.62% |
| Mar 31, 2022 | 8.37% |
| Dec 31, 2021 | 7.02% |
| Sep 30, 2021 | 4.39% |
API Access
Select Water Solutions Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=WTTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "WTTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=WTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();