Select Water Solutions (WTTR) Tax Rate (2018 - 2026)
Select Water Solutions' Tax Rate was 21.57% in Q2 2026, down 6.04 percentage points from 27.61% a year earlier but up 1.55 percentage points from the prior quarter.
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Analysis
Select Water Solutions (WTTR) Tax Rate (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Select Water Solutions' Tax Rate was -0.61% through Jun 30, 2026, down 29.68 percentage points year-over-year; for FY2025, it came in at -6.50%, down 33.98 percentage points from FY2024.
- Tax Rate shows a five-year change of -6.86 percentage points (FY2020 to FY2025).
- In earlier years, Tax Rate was 27.48% in FY2024 (+316.57 pp), -289.08% in FY2023 (-290.77 pp), 1.69% in FY2022 (+1.98 pp) and -0.30% in FY2021 (-0.66 pp).
- Quarterly Tax Rate has moved between 0.23% (Q3 2021) and 340.47% (Q4 2024) over five years.
- Compared with a year earlier, Tax Rate has declined for four straight quarters, with an average year-over-year change of -12.77 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q4 2023 (a gain of 179.18 percentage points); the worst was Q4 2025 (a drop of 258.20 percentage points).
- Per Business Quant data, WTTR's Tax Rate in the three quarters before Q2 2026 was 20.02% (Q1 2026), 82.27% (Q4 2025) and 5.78% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.60 Bn | 76.05 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 54.70 Bn | 16.43 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 29.99 Bn | 21.89 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 26.75 Bn | 22.71 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 7.80 Bn | 5.87 Bn | 228.22 Mn | 830.35% |
| 6 | Transocean | 7.76 Bn | 5.46 Bn | 358.00 Mn | 7.61% |
| 7 | Valaris | 7.29 Bn | 4.91 Bn | 123.70 Mn | 41.69% |
| 8 | Nov | 6.85 Bn | 1.73 Bn | 439.00 Mn | 22.76% |
| 9 | Weatherford International | 6.49 Bn | 2.23 Bn | 374.00 Mn | 3.10% |
| 10 | Select Water Solutions | 2.66 Bn | 2.54 Bn | 76.84 Mn | 21.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.57% |
| Mar 31, 2026 | 20.02% |
| Sep 30, 2025 | 5.78% |
| Jun 30, 2025 | 27.61% |
| Mar 31, 2025 | 23.42% |
| Dec 31, 2024 | 340.47% |
| Sep 30, 2024 | 24.23% |
| Jun 30, 2024 | 21.10% |
| Mar 31, 2024 | 25.14% |
| Sep 30, 2023 | 2.88% |
| Jun 30, 2023 | 1.66% |
| Mar 31, 2023 | 1.39% |
| Dec 31, 2022 | 3.48% |
| Sep 30, 2022 | 1.09% |
| Jun 30, 2022 | 1.21% |
| Mar 31, 2022 | 2.57% |
| Dec 31, 2021 | 3.07% |
| Sep 30, 2019 | 25.86% |
| Jun 30, 2019 | 6.61% |
| Mar 31, 2019 | 11.28% |
API Access
Select Water Solutions Tax Rate 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=tax-rate&ticker=WTTR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WTTR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();