Select Water Solutions (WTTR) Net Margin (2016 - 2026)
Select Water Solutions (WTTR) recorded quarterly Net Margin of 2.66% in Q1 2026, up 185.08% quarter-over-quarter from 3.12% in Q4 2025, and down 54.0% on a YoY basis from 5.78% in Q1 2025.
Select Water Solutions (WTTR) Net Margin (2016 - 2026) Analysis & Trends
Select Water Solutions' Net Margin history runs 11 years deep, the most recent figure standing at 2.66% for Q1 2026.
- In Q1 2026, Net Margin fell 54.0% year-over-year to 2.66%; the TTM figure through Mar 2026 stood at 1.27% (down 162.0% YoY), while the FY2025 annual figure was 1.79%, down 68.0% from the prior year.
- Net Margin was 2.66% for Q1 2026 at Select Water Solutions, up from 3.12% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 6.65% in Q3 2022 to a low of 9.13% in Q4 2023.
- Historically, Net Margin has averaged 2.2% across 5 years, with a median of 3.19% in 2025.
- The sharpest annual moves came in 2022 and 2023: Net Margin surged 2188 bps in 2022, then plunged 1122 bps in 2023.
- A 5-year view of Net Margin shows it stood at 2.09% in 2022, then tumbled by 538 bps to 9.13% in 2023, then soared by 62 bps to 3.49% in 2024, then gained by 11 bps to 3.12% in 2025, then surged by 185 bps to 2.66% in 2026.
- The last three Net Margin figures came in at 2.66% (Q1 2026), 3.12% (Q4 2025), and 2.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Select Water Solutions | 1.98 Bn | 2.06 Bn | 65.28 Mn | 2.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.66% |
| Dec 31, 2025 | -3.12% |
| Sep 30, 2025 | 2.20% |
| Jun 30, 2025 | 3.25% |
| Mar 31, 2025 | 3.19% |
| Dec 31, 2024 | -3.49% |
| Sep 30, 2024 | 6.45% |
| Jun 30, 2024 | 5.09% |
| Mar 31, 2024 | 1.18% |
| Dec 31, 2023 | -9.13% |
| Sep 30, 2023 | 4.17% |
| Jun 30, 2023 | 5.67% |
| Mar 31, 2023 | 3.38% |
| Dec 31, 2022 | 2.09% |
| Sep 30, 2022 | 6.65% |
| Jun 30, 2022 | 4.41% |
| Mar 31, 2022 | 2.75% |
| Dec 31, 2021 | 4.54% |
| Sep 30, 2021 | -6.92% |
| Jun 30, 2021 | -12.13% |