SELECT WATER SOLUTIONS, INC. financials
Source: EDGAR filings · Built 2026-06-02T04:25:38Z
Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -80.49M | 61.50M | 149.39M | -38.77M | -56.56M | 84.31M |
| EBITDA | 34.13M | 57.89M | 63.47M | 154.88M | 26.92M | -293.11M |
| Working Capital | 128.69M | 152.12M | 242.51M | 286.65M | 232.75M | 262.75M |
| Net Debt | 340.15M | 113.11M | -3.54M | 72.84M | -18.47M | -93.64M |
| Gross Margin | 14.38% | 15.11% | 14.61% | 11.59% | 2.73% | -4.84% |
| Operating Margin | 2.05% | 3.75% | 3.86% | 2.82% | -8.57% | -65.24% |
| Net Margin | 1.51% | 2.11% | 4.69% | 3.48% | -5.52% | -55.97% |
| Return on Equity (ROE) | 2.63% | 3.86% | 9.63% | 6.30% | -7.13% | -57.11% |
| Return on Assets (ROA) | 1.33% | 2.24% | 6.11% | 3.95% | -4.44% | -38.69% |
| Current Ratio | 1.57× | 1.65× | 2.15× | 2.24× | 2.44× | 3.96× |
| Debt-to-Equity | 0.44× | 0.17× | 0.07× | 0.10× | 0.11× | 0.13× |
| Effective Tax Rate | -8.10% | 27.68% | -316.44% | 1.69% | -0.30% | 0.37% |
| Cash Conversion Ratio | 10.12× | 7.67× | 3.84× | 0.69× | 0.38× | -0.31× |
| Accruals Ratio | -0.12× | -0.15× | -0.17× | 0.01× | -0.03× | -0.51× |
| SBC % of Revenue | 1.41% | 1.82% | 1.10% | 1.12% | 1.24% | 0.95% |
| CapEx Coverage | 0.73× | 1.35× | 2.10× | 0.46× | -0.40× | 4.92× |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 1.41B | 1.45B | 1.59B | 1.39B | 764.62M | 605.11M |
| Cost of Revenue | 1.20B | 1.23B | 1.35B | 1.23B | 743.76M | 634.37M |
| Gross Profit | 202.40M | 219.47M | 231.66M | 160.75M | 20.86M | -29.27M |
| Selling, General and Administrative Expense | 161.32M | 159.98M | 155.55M | 118.94M | 83.08M | 74.36M |
| Operating Expenses | 173.59M | 164.98M | 170.47M | 121.59M | 86.40M | 365.51M |
| Operating Income (Loss) | 28.81M | 54.49M | 61.19M | 39.16M | -65.54M | -394.78M |
| Income Tax Expense (Benefit) | -1.61M | 13.57M | -60.20M | 957.00K | 147.00K | -1.48M |
| Net Income (Loss) Attributable to Parent | 21.22M | 30.64M | 74.40M | 48.28M | -42.23M | -338.68M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 18.08M | 19.98M | 57.08M | 7.32M | 85.80M | 169.04M |
| Assets, Current | 354.39M | 385.50M | 454.06M | 517.94M | 394.79M | 351.50M |
| Assets | 1.60B | 1.37B | 1.22B | 1.22B | 950.19M | 875.36M |
| Long-term Debt | 320.00M | 85.00M | 0 | 16.00M | — | — |
| Liabilities, Current | 225.70M | 233.38M | 211.55M | 231.29M | 162.04M | 88.76M |
| Long-term Debt, Excluding Current Maturities | 285.04M | 85.00M | — | 16.00M | — | — |
| Liabilities | 668.54M | 450.75M | 326.02M | 339.13M | 255.02M | 169.48M |
| Stockholders' Equity Attributable to Parent | 805.62M | 793.52M | 772.49M | 765.98M | 592.10M | 593.06M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 214.67M | 234.89M | 285.36M | 33.23M | -16.25M | 105.81M |
| Payments to Acquire Property, Plant, and Equipment | 294.56M | 173.15M | 135.87M | 71.88M | 39.99M | 21.24M |
| Net Cash Provided by (Used in) Investing Activities | -404.96M | -318.62M | -137.17M | -53.25M | -64.46M | -5.39M |
| Payments for Repurchase of Common Stock | 7.29M | 7.91M | 61.77M | 20.21M | 1.21M | 10.88M |
| Payments of Dividends | 33.66M | 29.75M | 24.92M | 6.02M | — | — |
| Net Cash Provided by (Used in) Financing Activities | 188.39M | 46.64M | -98.42M | -58.45M | -2.54M | -10.71M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | -68.29M | -6.21M | -74.28M | -50.62M | -53.58M | 12.63M |
| EBITDA | 19.09M | 147.66M | -462.00K | 17.34M | 16.47M | 137.54M |
| Working Capital | 212.83M | 128.69M | 148.95M | 220.37M | 207.97M | 152.12M |
| Net Debt | 229.27M | 340.15M | 324.59M | 264.83M | 266.36M | 113.11M |
| Gross Margin | 17.84% | 13.08% | 13.52% | 15.86% | 14.90% | 12.66% |
| Operating Margin | 4.91% | -0.11% | -0.55% | 4.24% | 4.15% | 0.75% |
| Net Margin | 2.35% | -0.10% | 0.83% | 2.92% | 2.20% | -0.47% |
| Return on Equity (ROE) | 0.87% | -0.04% | 0.33% | 1.33% | 1.04% | -0.21% |
| Return on Assets (ROA) | 0.50% | -0.02% | 0.17% | 0.69% | 0.53% | -0.12% |
| Current Ratio | 1.92× | 1.57× | 1.64× | 2.01× | 1.83× | 1.65× |
| Debt-to-Equity | 0.29× | 0.44× | 0.42× | 0.40× | 0.37× | 0.17× |
| Effective Tax Rate | 20.02% | 82.27% | 5.78% | 27.61% | 23.42% | 340.47% |
| Cash Conversion Ratio | 1.19× | -189.17× | 55.62× | 7.28× | -0.61× | -41.32× |
| Accruals Ratio | -0.00× | -0.04× | -0.09× | -0.04× | 0.01× | -0.05× |
| SBC % of Revenue | 1.59% | 1.67% | 4.37% | 1.83% | 0.93% | 2.29% |
| CapEx Coverage | 0.13× | 0.91× | 0.67× | 0.60× | -0.10× | 1.23× |
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 365.96M | 346.50M | 322.24M | 364.21M | 374.38M | 349.05M |
| Cost of Revenue | 300.68M | 301.18M | 278.69M | 306.46M | 318.61M | 304.86M |
| Gross Profit | 65.28M | 45.32M | 43.55M | 57.75M | 55.77M | 44.18M |
| Selling, General and Administrative Expense | 40.55M | 43.27M | 41.67M | 38.94M | 37.43M | 39.75M |
| Operating Expenses | 47.31M | 45.71M | 45.33M | 42.33M | 40.23M | 41.58M |
| Operating Income (Loss) | 17.97M | -388.00K | -1.77M | 15.43M | 15.54M | 2.60M |
| Income Tax Expense (Benefit) | 2.43M | -9.46M | 434.00K | 4.52M | 2.89M | 2.31M |
| Net Income (Loss) Attributable to Parent | 8.61M | -346.00K | 2.68M | 10.65M | 8.24M | -1.64M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 55.97M | 18.08M | 17.83M | 51.19M | 27.89M | 19.98M |
| Assets, Current | 444.41M | 354.39M | 380.26M | 439.43M | 457.85M | 385.50M |
| Assets | 1.71B | 1.60B | 1.59B | 1.55B | 1.55B | 1.37B |
| Long-term Debt | — | 320.00M | 305.00M | 275.00M | 250.00M | 85.00M |
| Liabilities, Current | 231.58M | 225.70M | 231.31M | 219.06M | 249.88M | 233.38M |
| Long-term Debt, Excluding Current Maturities | 199.65M | 285.04M | 285.44M | 270.84M | 245.89M | 85.00M |
| Liabilities | 587.24M | 668.54M | 656.50M | 623.37M | 628.26M | 450.75M |
| Stockholders' Equity Attributable to Parent | 991.48M | 805.62M | 808.11M | 799.28M | 793.08M | 793.52M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 10.24M | 65.45M | 149.22M | 77.53M | -5.06M | 67.77M |
| Payments to Acquire Property, Plant, and Equipment | 78.38M | 71.50M | 223.06M | 127.83M | 48.43M | 55.07M |
| Net Cash Provided by (Used in) Investing Activities | -77.53M | -71.26M | -333.71M | -207.49M | -132.52M | -54.38M |
| Payments for Repurchase of Common Stock | 7.62M | 377.00K | 6.91M | 6.58M | 6.29M | 589.00K |
| Payments of Dividends | 8.75M | 8.40M | 25.25M | 16.87M | 8.57M | 8.21M |
| Net Cash Provided by (Used in) Financing Activities | 105.18M | 6.06M | 182.33M | 161.17M | 145.50M | -4.34M |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (WTTR CIK 0001693256),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.