Select Water Solutions (WTTR) Net Margin (2016 - 2026)
Select Water Solutions (WTTR) recorded Net Margin of 5.31% in Q2 2026, up 2.39 percentage points from 2.92% a year earlier and up 2.96 percentage points from the prior quarter.
Select Water Solutions (WTTR) Net Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Select Water Solutions' Net Margin came in at 2.24% as of Jun 30, 2026, down 0.03 percentage points year-over-year; for FY2025, it was 1.51%, down 0.60 percentage points from FY2024.
- Annual Net Margin has a five-year change of +57.48 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at 2.11% in FY2024 (-2.58 pp), 4.69% in FY2023 (+1.21 pp), 3.48% in FY2022 (+9.00 pp) and -5.52% in FY2021 (+50.45 pp).
- The Q2 2026 figure is the highest quarterly Net Margin since Q4 2023.
- On a year-over-year basis, Net Margin has increased for three consecutive quarters, with an average year-over-year change of -0.90 percentage points over the last eight quarters.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 24.28 percentage points in Q3 2021, against a drop of 7.83 percentage points in Q4 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 2.35% (Q1 2026), -0.10% (Q4 2025) and 0.83% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.69 Bn | 76.14 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 54.14 Bn | 15.87 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 29.80 Bn | 21.70 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 26.38 Bn | 22.52 Bn | 684.70 Mn | 13.13% |
| 5 | Noble | 7.56 Bn | 5.63 Bn | 228.22 Mn | -16.06% |
| 6 | Transocean | 7.49 Bn | 5.20 Bn | 358.00 Mn | 17.60% |
| 7 | Valaris | 7.04 Bn | 4.66 Bn | 123.70 Mn | 9.35% |
| 8 | Nov | 6.92 Bn | 1.80 Bn | 439.00 Mn | 4.04% |
| 9 | Weatherford International | 6.43 Bn | 2.17 Bn | 374.00 Mn | 10.50% |
| 10 | Select Water Solutions | 2.71 Bn | 2.58 Bn | 76.84 Mn | 5.31% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.31% |
| Mar 31, 2026 | 2.35% |
| Dec 31, 2025 | -0.10% |
| Sep 30, 2025 | 0.83% |
| Jun 30, 2025 | 2.92% |
| Mar 31, 2025 | 2.20% |
| Dec 31, 2024 | -0.47% |
| Sep 30, 2024 | 4.25% |
| Jun 30, 2024 | 3.52% |
| Mar 31, 2024 | 0.99% |
| Dec 31, 2023 | 7.36% |
| Sep 30, 2023 | 3.69% |
| Jun 30, 2023 | 4.97% |
| Mar 31, 2023 | 2.96% |
| Dec 31, 2022 | 2.00% |
| Sep 30, 2022 | 5.69% |
| Jun 30, 2022 | 3.72% |
| Mar 31, 2022 | 2.31% |
| Dec 31, 2021 | 3.72% |
| Sep 30, 2021 | -5.89% |
Select Water Solutions Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=WTTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "WTTR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=WTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();