Select Water Solutions (WTTR) Net Margin (2016 - 2026)
Select Water Solutions (WTTR) posted Net Margin of 5.84% for Q2 2026, up 119.99% on a QoQ basis from 2.66% in Q1 2026, and up 259.0% year-over-year from 1.63% in Q2 2025.
Analysis
Select Water Solutions (WTTR) Net Margin (2016 - 2026) Analysis & Trends
Select Water Solutions has reported Net Margin for 11 years, with the latest figure at 5.84% in Q2 2026.
- On a quarterly basis, Net Margin rose 259.0% year-over-year to 5.84% in Q2 2026; TTM through Jun 2026 was 2.25%, a 36.0% decrease from a year earlier, with the FY2025 full-year figure at 1.46%, down 100.0% from the prior year.
- Net Margin was 5.84% for Q2 2026 at Select Water Solutions, up from 2.66% in the prior quarter.
- The five-year high for Net Margin was 7.42% in Q4 2023, with the low at 2.26% in Q4 2025.
- Average Net Margin over 5 years is 3.35%, with a median of 3.32% recorded in 2023.
- The sharpest annual moves came in 2022 and 2024: Net Margin jumped 2182 bps in 2022, then tumbled 789 bps in 2024.
- Over 5 years, Net Margin stood at 2.04% in 2022, then soared by 264 bps to 7.42% in 2023, then plunged by 106 bps to 0.47% in 2024, then slumped by 384 bps to 2.26% in 2025, then jumped by 359 bps to 5.84% in 2026.
- The last three Net Margin figures came in at 5.84% (Q2 2026), 2.66% (Q1 2026), and 2.26% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 10.12% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 9.42% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 3.80% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | 13.33% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 6.16% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 13.34% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 8.45% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | 3.62% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 5.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.84% |
| Mar 31, 2026 | 2.66% |
| Dec 31, 2025 | -2.26% |
| Sep 30, 2025 | 2.20% |
| Jun 30, 2025 | 3.25% |
| Mar 31, 2025 | 2.53% |
| Dec 31, 2024 | -0.47% |
| Sep 30, 2024 | 4.93% |
| Jun 30, 2024 | 4.05% |
| Mar 31, 2024 | 1.18% |
| Dec 31, 2023 | 7.42% |
| Sep 30, 2023 | 4.17% |
| Jun 30, 2023 | 5.66% |
| Mar 31, 2023 | 3.38% |
| Dec 31, 2022 | 2.04% |
| Sep 30, 2022 | 6.65% |
| Jun 30, 2022 | 4.40% |
| Mar 31, 2022 | 2.74% |
| Dec 31, 2021 | 4.43% |
| Sep 30, 2021 | -6.92% |