InsiderClue
Stocks · Energy · Oil & Gas Field Services, NEC

Select Water Solutions, Inc.

WTTR Clue Score32
United States Fiscal year ends December CIK 0001693256
$19.76 +0.82% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $19.76 +230.43% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 21 Apr 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue302.4Operating income−299.0Net income−1.0Fiscal year 2017Revenue692.5 +129.0%Operating income−30.0Net income−16.8Fiscal year 2018Revenue1,528.9 +120.8%Operating income61.7Net income36.5Fiscal year 2019Revenue1,291.6 −15.5%Operating income23.1Net income2.8 −92.4%Fiscal year 2020Revenue605.1 −53.2%Operating income−394.8Net income−338.7 −12,265.4%Fiscal year 2021Revenue764.6 +26.4%Operating income−65.5Net income−42.2Fiscal year 2022Revenue1,387.4 +81.5%Operating income39.2Net income48.3Fiscal year 2023Revenue1,585.4 +14.3%Operating income61.2Net income74.4 +54.1%Fiscal year 2024Revenue1,452.1 −8.4%Operating income54.5Net income30.6 −58.8%Fiscal year 2025Revenue1,407.3 −3.1%Operating income28.8Net income21.2 −30.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 302.4 692.5 1,528.9 1,291.6 605.1 764.6 1,387.4 1,585.4 1,452.1 1,407.3
Growth +129.0% +120.8% −15.5% −53.2% +26.4% +81.5% +14.3% −8.4% −3.1%
Operating income −299.0 −30.0 61.7 23.1 −394.8 −65.5 39.2 61.2 54.5 28.8
Net income −1.0 −16.8 36.5 2.8 −338.7 −42.2 48.3 74.4 30.6 21.2
Growth −92.4% −12,265.4% +54.1% −58.8% −30.7%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Gross marginOperating marginNet margin
Fiscal year 2016Gross margin−14.6%Operating margin−98.9%Net margin−0.3%Free cash flow margin−10.3%Fiscal year 2017Gross margin8.3%Operating margin−4.3%Net margin−2.4%Free cash flow margin−14.7%Fiscal year 2018Gross margin13.0%Operating margin4.0%Net margin2.4%Free cash flow margin4.4%Fiscal year 2019Gross margin11.5%Operating margin1.8%Net margin0.2%Free cash flow margin7.3%Fiscal year 2020Gross margin−4.8%Operating margin−65.2%Net margin−56.0%Free cash flow margin14.0%Fiscal year 2021Gross margin2.7%Operating margin−8.6%Net margin−5.5%Free cash flow margin−7.4%Fiscal year 2022Gross margin11.6%Operating margin2.8%Net margin3.5%Free cash flow margin−2.8%Fiscal year 2023Gross margin14.6%Operating margin3.9%Net margin4.7%Free cash flow margin9.4%Fiscal year 2024Gross margin15.1%Operating margin3.8%Net margin2.1%Free cash flow margin4.3%Fiscal year 2025Gross margin14.4%Operating margin2.0%Net margin1.5%Free cash flow margin−5.7%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Gross margin −14.6% 8.3% 13.0% 11.5% −4.8% 2.7% 11.6% 14.6% 15.1% 14.4%
Operating margin −98.9% −4.3% 4.0% 1.8% −65.2% −8.6% 2.8% 3.9% 3.8% 2.0%
Net margin −0.3% −2.4% 2.4% 0.2% −56.0% −5.5% 3.5% 4.7% 2.1% 1.5%
Free cash flow margin −10.3% −14.7% 4.4% 7.3% 14.0% −7.4% −2.8% 9.4% 4.3% −5.7%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow5.1Capital expenditure−36.3Free cash flow−31.2Fiscal year 2017Operating cash flow−2.9Capital expenditure−98.7Free cash flow−101.6Buybacks−0.3Fiscal year 2018Operating cash flow232.4Capital expenditure−165.4Free cash flow67.0Buybacks−16.6Fiscal year 2019Operating cash flow203.9Capital expenditure−110.1Free cash flow93.8 +39.9%Buybacks−18.6Fiscal year 2020Operating cash flow105.8Capital expenditure−21.2Free cash flow84.6 −9.8%Buybacks−10.9Fiscal year 2021Operating cash flow−16.2Capital expenditure−40.0Free cash flow−56.2 −166.5%Buybacks−1.2Fiscal year 2022Operating cash flow33.2Capital expenditure−71.9Free cash flow−38.7Buybacks−20.2Dividends paid−6.0Fiscal year 2023Operating cash flow285.4Capital expenditure−135.9Free cash flow149.5Buybacks−61.8Dividends paid−24.9Fiscal year 2024Operating cash flow234.9Capital expenditure−173.2Free cash flow61.7 −58.7%Buybacks−7.9Dividends paid−29.7Fiscal year 2025Operating cash flow214.7Capital expenditure−294.6Free cash flow−79.9 −229.4%Buybacks−7.3Dividends paid−33.7
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 5.1 −2.9 232.4 203.9 105.8 −16.2 33.2 285.4 234.9 214.7
Capital expenditure −36.3 −98.7 −165.4 −110.1 −21.2 −40.0 −71.9 −135.9 −173.2 −294.6
Free cash flow −31.2 −101.6 67.0 93.8 84.6 −56.2 −38.7 149.5 61.7 −79.9
Growth +39.9% −9.8% −166.5% −58.7% −229.4%
Buybacks n/a −0.3 −16.6 −18.6 −10.9 −1.2 −20.2 −61.8 −7.9 −7.3
Dividends paid n/a n/a n/a n/a n/a n/a −6.0 −24.9 −29.7 −33.7

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash40.0Shareholders’ equity112.7Fiscal year 2017Cash2.8Total debt77.0Net cash (debt)−74.2Shareholders’ equity656.6Debt to equity0.12Fiscal year 2018Cash17.2Total debt45.9Net cash (debt)−28.7Shareholders’ equity832.9Debt to equity0.06Fiscal year 2019Cash79.3Shareholders’ equity937.2Fiscal year 2020Cash169.0Shareholders’ equity593.1Fiscal year 2021Cash85.8Shareholders’ equity592.1Fiscal year 2022Cash7.3Total debt16.0Net cash (debt)−8.7Shareholders’ equity766.0Debt to equity0.02Fiscal year 2023Cash57.1Total debt0.0Net cash (debt)57.1Shareholders’ equity772.5Debt to equity0.00Fiscal year 2024Cash20.0Total debt85.0Net cash (debt)−65.0Shareholders’ equity793.5Debt to equity0.11Fiscal year 2025Cash18.1Total debt316.3Net cash (debt)−298.2Shareholders’ equity805.6Debt to equity0.39
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 40.0 2.8 17.2 79.3 169.0 85.8 7.3 57.1 20.0 18.1
Total debt n/a 77.0 45.9 n/a n/a n/a 16.0 0.0 85.0 316.3
Net cash (debt) n/a −74.2 −28.7 n/a n/a n/a −8.7 57.1 −65.0 −298.2
Shareholders’ equity 112.7 656.6 832.9 937.2 593.1 592.1 766.0 772.5 793.5 805.6
Debt to equity n/a 0.12 0.06 n/a n/a n/a 0.02 0.00 0.11 0.39

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Ratios

Percentages worked out from the filed figures; debt to equity in times. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Margins
−14.6% 8.3% 13.0% 11.5% −4.8% 2.7% 11.6% 14.6% 15.1% 14.4%
−98.9% −4.3% 4.0% 1.8% −65.2% −8.6% 2.8% 3.9% 3.8% 2.0%
−104.0% −5.2% 3.7% 0.5% −66.6% −6.5% 4.1% 1.2% 3.4% 1.4%
−0.3% −2.4% 2.4% 0.2% −56.0% −5.5% 3.5% 4.7% 2.1% 1.5%
−10.3% −14.7% 4.4% 7.3% 14.0% −7.4% −2.8% 9.4% 4.3% −5.7%
Spending
11.5% 11.9% 6.7% 8.6% 12.3% 10.9% 8.6% 9.8% 11.0% 11.5%
12.0% 14.3% 10.8% 8.5% 3.5% 5.2% 5.2% 8.6% 11.9% 20.9%
n/a n/a 3.0% 32.0% n/a n/a 1.7% −316.4% 27.7% −8.1%
Returns
−0.9% −2.6% 4.4% 0.3% −57.1% −7.1% 6.3% 9.6% 3.9% 2.6%
−0.3% −1.2% 2.7% 0.2% −38.7% −4.4% 3.9% 6.1% 2.2% 1.3%
Balance and payout
n/a 0.12 0.06 n/a n/a n/a 0.02 0.00 0.11 0.39
17.4% 21.6% 18.4% 17.4% 19.4% 26.8% 27.7% 26.8% 33.0% 41.9%
n/a n/a n/a n/a n/a n/a 12.5% 33.5% 97.1% 158.6%
n/a n/a 24.7% 19.8% 12.9% n/a n/a 58.0% 61.0% n/a