Select Water Solutions (WTTR) Operating Margin (2016 - 2026)
Select Water Solutions (WTTR) posted Operating Margin of 8.68% for Q2 2026, up 76.73% on a QoQ basis from 4.91% in Q1 2026, and up 444.0% year-over-year from 1.6% in Q2 2025.
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Select Water Solutions (WTTR) Operating Margin (2016 - 2026) Analysis & Trends
Select Water Solutions has reported Operating Margin for 11 years, with the latest figure at 8.68% in Q2 2026.
- On a quarterly basis, Operating Margin rose 444.0% year-over-year to 8.68% in Q2 2026; TTM through Jun 2026 was 3.51%, a 48.0% decrease from a year earlier, with the FY2025 full-year figure at 2.05%, down 171.0% from the prior year.
- Operating Margin was 8.68% for Q2 2026 at Select Water Solutions, up from 4.91% in the prior quarter.
- The five-year high for Operating Margin was 8.68% in Q2 2026, with the low at 1.46% in Q1 2022.
- Average Operating Margin over 5 years is 3.44%, with a median of 3.52% recorded in 2025.
- The sharpest annual moves came in 2022 and 2025: Operating Margin soared 1597 bps in 2022, then plunged 715 bps in 2025.
- Over 5 years, Operating Margin stood at 1.77% in 2022, then gained by 1 bps to 1.79% in 2023, then tumbled by 58 bps to 0.75% in 2024, then sank by 115 bps to 0.11% in 2025, then surged by 7849 bps to 8.68% in 2026.
- The last three Operating Margin figures came in at 8.68% (Q2 2026), 4.91% (Q1 2026), and 0.11% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn | 48.02% |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn | 12.74% |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn | 13.62% |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 9.68% |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn | 31.76% |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | 18.27% |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 29.34% |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 12.45% |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 1.07% |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn | 8.68% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.68% |
| Mar 31, 2026 | 4.91% |
| Dec 31, 2025 | -0.11% |
| Sep 30, 2025 | -0.55% |
| Jun 30, 2025 | 4.24% |
| Mar 31, 2025 | 4.15% |
| Dec 31, 2024 | 0.75% |
| Sep 30, 2024 | 6.60% |
| Jun 30, 2024 | 5.58% |
| Mar 31, 2024 | 1.91% |
| Dec 31, 2023 | 1.79% |
| Sep 30, 2023 | 4.30% |
| Jun 30, 2023 | 6.36% |
| Mar 31, 2023 | 2.88% |
| Dec 31, 2022 | 1.77% |
| Sep 30, 2022 | 7.58% |
| Jun 30, 2022 | 2.46% |
| Mar 31, 2022 | -1.46% |
| Dec 31, 2021 | -3.27% |
| Sep 30, 2021 | -6.73% |