Return on Tangible Equity (Quarterly)

Return on Tangible Equity: The amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity. Calculated as: Income from Continuing Operations / Tangible Shareholders Equity

Select Water Solutions, Inc. (WTTR) had Return on Tangible Equity of 2.30% for the most recently reported fiscal quarter, ending 2026-06-30.

Quarterly Annual

Figures for fiscal quarter ending 2026-06-30

Income Statement Financials
Revenue	$395.81M
Net Income	$21.04M
Cost of Goods Sold	$318.97M
Gross Profit	$76.84M
Operating Expenses	$361.46M
Operating Income	$34.34M
Non-Operating Income/Expense	$-4.85M
Pre-Tax Income	$29.49M
Normalized Pre-Tax Income	$29.33M
Income after Taxes	$23.13M
Income from Continuous Operations	$22.56M
Consolidated Net Income/Loss	$22.56M
Normalized Income after Taxes	$22.93M
EBIT	$34.34M
EBITDA	$83.19M
Weighted-Average Shares Outstanding (Basic)	135.88M
Weighted-Average Shares Outstanding (Diluted)	138.17M
Earnings per Share (EPS) (Basic)	$0.17
Earnings per Share (EPS) (Diluted)	$0.17
Balance Sheet Financials
Current Assets	$436.14M
Property, Plant, and Equipment	$1.03B
Long-Term Assets	$1.35B
Total Assets	$1.79B
Current Liabilities	$276.38M
Long-Term Debt	$196.44M
Long-Term Liabilities	$373.85M
Total Liabilities	$650.22M
Common Equity	$1.14B
Tangible Shareholders Equity	$981.00M
Shareholders Equity	$1.14B
Common Shares Outstanding	138.23M
Cash Flow Statement Financials
Cash Flow from Operating Activities	$96.98M
Cash Flow from Investing Activities	$-189.74M
Cash Flow from Financial Activities	$108.08M
Beginning Cash	$18.08M
End Cash	$33.40M
Increase/Decrease in Cash	$15.31M
Stock-Based Compensation	$14.20M
Common Stock Dividends Paid	$-18.33M
Preferred Stock Dividends Paid	--
Fundamental Metrics & Ratios
Current Ratio	1.58
Non-Performing Assets / Total Loans	--
Loan Loss Reserves / Non-Performing Loans	--
Debt to Capital Ratio	0.15
Debt to Equity Ratio	0.23
Gross Margin	19.41%
Operating Margin	8.68%
EBIT Margin	8.68%
EBITDA Margin	--
Pre-Tax Profit Margin	7.45%
Profit Margin	5.31%
Free Cash Flow	$-50.06M
Loss Ratio	--
Expense Ratio	--
Combined Ratio	--
Asset Turnover	0.22
Inventory Turnover	6.65
Receiveable Turnover	1.24
Days Sales in Receivables	72.75
Return on Equity	1.98%
Return on Tangible Equity	2.30%
Return on Assets	1.26%
Return on Investments	1.69%
Book Value Per Share	$8.23
Free Cash Flow per Share	$-0.36
Operating Cash Flow per Share	$0.70

Data from Zacks Investment Research, Inc.