Select Water Solutions (WTTR) Gross Margin (2016 - 2026)
Select Water Solutions (WTTR) posted quarterly Gross Margin of 17.84% for Q1 2026, up 294.0% year-over-year from 4.53% in Q1 2025, and up 36.38% quarter-over-quarter from 13.08% in Q4 2025.
Select Water Solutions (WTTR) Gross Margin (2016 - 2026) Analysis & Trends
Select Water Solutions' Gross Margin history runs 11 years deep, the most recent figure standing at 17.84% for Q1 2026.
- In Q1 2026, Gross Margin rose 294.0% year-over-year to 17.84%; the TTM figure through Mar 2026 stood at 15.15% (down 10.0% YoY), while the FY2025 annual figure was 14.38%, down 73.0% from the prior year.
- Gross Margin for Q1 2026 stood at 17.84%, up from 13.08% in the prior quarter.
- The five-year high for Gross Margin was 17.84% in Q1 2026, with the low at 8.37% in Q1 2022.
- The 5-year median for Gross Margin is 14.45% (2023), against an average of 14.09%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin jumped 1163 bps in 2022, then tumbled 330 bps in 2025.
- Select Water Solutions' Gross Margin stood at 10.89% in 2022, then surged by 34 bps to 14.55% in 2023, then declined by 13 bps to 12.66% in 2024, then advanced by 3 bps to 13.08% in 2025, then soared by 36 bps to 17.84% in 2026.
- Business Quant data shows WTTR's Gross Margin at 17.84% in Q1 2026, 13.08% in Q4 2025, and 13.52% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.46% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | - |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 50.62% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 36.80% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 24.41% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 59.91% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 63.09% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 65.86% |
| 10 | Select Water Solutions | 2.47 Bn | 2.43 Bn | 76.84 Mn | 19.41% |
Historic Data
Download 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% |