Select Water Solutions WTTR
NYSE WTTR
$20.58 +0.08 (+0.37%)
As of: Sep 10, 2026 · 2:12 PM EDT

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

Historic Data

Download Data
DateValue
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%