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
DateValue
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%