Select Water Solutions (WTTR) Operating Leases (2018 - 2026)
Select Water Solutions (WTTR) posted Operating Leases of $20.37 million for Q2 2026, down 18.6% from $25.01 million a year earlier and down 14.1% from the prior quarter.
Select Water Solutions (WTTR) Operating Leases (2018 - 2026) Analysis & Trends
At the end of FY2025, Select Water Solutions' Operating Leases came in at $21.53 million, down 30.7% from FY2024.
- Annual Operating Leases has declined for six consecutive years, with a five-year compound annual growth rate of -18.8% (FY2020 to FY2025).
- In prior years, Select Water Solutions' Operating Leases was $31.09 million in FY2024 (-17.7%), $37.8 million in FY2023 (-18.5%), $46.39 million in FY2022 (-12.8%) and $53.2 million in FY2021 (-12.8%).
- The Q2 2026 figure stands as the lowest quarterly Operating Leases since Q4 2018.
- On a year-over-year basis, Operating Leases has declined in each of the last 26 quarters, with an average decline of 23.7% over the last eight quarters.
- Across the past five years, year-over-year decline in Operating Leases ran from 4.1% in Q1 2022 to 34.1% in Q2 2025.
- According to Business Quant data, Operating Leases for the three prior quarters was $23.72 million (Q1 2026), $21.53 million (Q4 2025) and $23.29 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Select Water Solutions | 2.51 Bn | 2.48 Bn | 76.84 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.37 Mn |
| Mar 31, 2026 | 23.72 Mn |
| Dec 31, 2025 | 21.53 Mn |
| Sep 30, 2025 | 23.29 Mn |
| Jun 30, 2025 | 25.01 Mn |
| Mar 31, 2025 | 27.95 Mn |
| Dec 31, 2024 | 31.09 Mn |
| Sep 30, 2024 | 34.79 Mn |
| Jun 30, 2024 | 37.94 Mn |
| Mar 31, 2024 | 39.67 Mn |
| Dec 31, 2023 | 37.80 Mn |
| Sep 30, 2023 | 38.84 Mn |
| Jun 30, 2023 | 40.71 Mn |
| Mar 31, 2023 | 43.37 Mn |
| Dec 31, 2022 | 46.39 Mn |
| Sep 30, 2022 | 48.55 Mn |
| Jun 30, 2022 | 51.60 Mn |
| Mar 31, 2022 | 55.46 Mn |
| Dec 31, 2021 | 53.20 Mn |
| Sep 30, 2021 | 54.14 Mn |
Select Water Solutions Operating Leases 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=operating-leases&ticker=WTTR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=WTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();