Select Water Solutions (WTTR) Gross Margin (2016 - 2026)
Select Water Solutions (WTTR) posted Gross Margin of 19.41% for Q2 2026, up 8.83% on a QoQ basis from 17.84% in Q1 2026, and up 356.0% year-over-year from 4.26% in Q2 2025.
Analysis
Select Water Solutions (WTTR) Gross Margin (2016 - 2026) Analysis & Trends
Select Water Solutions has reported Gross Margin for 11 years, with the latest figure at 19.41% in Q2 2026.
- On a quarterly basis, Gross Margin rose 356.0% year-over-year to 19.41% in Q2 2026; TTM through Jun 2026 was 16.15%, a 106.0% increase from a year earlier, with the FY2025 full-year figure at 14.38%, down 73.0% from the prior year.
- Gross Margin was 19.41% for Q2 2026 at Select Water Solutions, up from 17.84% in the prior quarter.
- The five-year high for Gross Margin was 19.41% in Q2 2026, with the low at 8.37% in Q1 2022.
- Average Gross Margin over 5 years is 14.39%, with a median of 14.5% recorded in 2023.
- The sharpest annual moves came in 2022 and 2025: Gross Margin soared 1163 bps in 2022, then tumbled 330 bps in 2025.
- Over 5 years, Gross Margin stood at 10.89% in 2022, then jumped by 34 bps to 14.55% in 2023, then retreated by 13 bps to 12.66% in 2024, then grew by 3 bps to 13.08% in 2025, then soared by 48 bps to 19.41% in 2026.
- The last three Gross Margin figures came in at 19.41% (Q2 2026), 17.84% (Q1 2026), and 13.08% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.44 Bn | 79.37 Bn | 4.63 Bn | 51.63% |
| 2 | Baker Hughes | 58.74 Bn | 43.01 Bn | 1.58 Bn | 23.46% |
| 3 | Halliburton | 30.15 Bn | 28.10 Bn | 2.10 Bn | 36.80% |
| 4 | Weatherford International | 6.47 Bn | 5.33 Bn | 662.00 Mn | 59.91% |
| 5 | Kodiak Gas Services | 6.03 Bn | 5.89 Bn | 246.76 Mn | 63.09% |
| 6 | Tidewater | 4.59 Bn | 3.98 Bn | 161.54 Mn | 47.19% |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 63.53% |
| 8 | National Energy Services Reunited | 3.40 Bn | 3.22 Bn | 81.29 Mn | 15.61% |
| 9 | Liberty Energy | 3.39 Bn | 2.84 Bn | 208.34 Mn | 17.53% |
| 10 | Select Water Solutions | 2.80 Bn | 2.76 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% |