Select Water Solutions (WTTR) Gross Margin (2016 - 2026)
Select Water Solutions (WTTR) recorded quarterly Gross Margin of 17.84% in Q1 2026, up 36.38% quarter-over-quarter from 13.08% in Q4 2025, and up 294.0% on a YoY basis from 4.53% in Q1 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 was 17.84% for Q1 2026 at Select Water Solutions, up from 13.08% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 17.84% in Q1 2026 to a low of 8.37% in Q1 2022.
- Historically, Gross Margin has averaged 14.09% across 5 years, with a median of 14.45% in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Margin surged 1163 bps in 2022, then plunged 330 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 10.89% in 2022, then soared by 34 bps to 14.55% in 2023, then fell by 13 bps to 12.66% in 2024, then climbed by 3 bps to 13.08% in 2025, then jumped by 36 bps to 17.84% in 2026.
- The last three Gross Margin figures came in at 17.84% (Q1 2026), 13.08% (Q4 2025), and 13.52% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 53.57% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 22.98% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 37.69% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 59.67% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | - |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 5.80% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 76.04% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 66.20% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 64.46% |
| 10 | Select Water Solutions | 1.98 Bn | 2.06 Bn | 65.28 Mn | 17.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | -1.02% |