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Acquisitions at other companies

Waste Connections logo
Waste ConnectionsWCN
$246.56M+89.2%
WBI
WaterBridge InfrastructureWBI
$82.76M+125,294%
Antero Midstream Corporation logo
Antero Midstream CorporationAM
$1.12B
Xylem logo
XylemXYL
$1M
Northwest Pipe logo
Northwest PipeNWPX
$8.85M
Cardinal Infrastructure Group, Inc. logo
Cardinal Infrastructure Group, Inc.CDNL
$125.53M+797%

Other financials

Income statement

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Revenue$395.8M+8.7%
Gross profit$76.8M+33.1%
Operating income$34.3M+123%
Net income$21.0M+97.6%
EPS (diluted)$0.17+70.0%

Balance sheet

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Cash & equivalents$33.4M-34.8%
Total debt$292.0M-6.4%
Total equity$1.0B+31.3%
Total assets$1.8B+15.6%

Cash flow

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Operating cash flow$86.7M+5.0%
CapEx$71.0M-10.6%
Free cash flow-$68.1M-27.4%

Valuation

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Market cap$2.87B+219%
Enterprise value$3.13B+170%
P/E88.7×+62.8×
P/S+1.4×

Profitability

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Gross margin16.1%+1.1pp
Operating margin3.5%-0.4pp
Net margin2.3%-0.1pp
FCF margin-7%-7.7pp

Returns & leverage

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Return on equity3.5%-0.9pp
Debt / equity0.3×-0.1×
Current ratio1.6×-0.4×

Where this comes from

Reported directly by Select Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquireBusinessesNetOfCashAcquired.

The source filing: Select Water Solutions’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 4:30 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001104659-26-091156
Line itemSix months ended June 30, 2026Six months ended June 30, 2025
Cash flows from investing activities
Purchase of property and equipment(149,396)(127,833)
Equity-method and preferred stock investments(500)(72,059)
Acquisitions, net of cash received(42,202)(17,205)
Proceeds received from sales of property and equipment2,3549,603
Net cash used in investing activities(189,744)(207,494)
Cash flows from financing activities
Borrowings from revolving line of credit43,50065,000

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's acquisitions?
Select Water Solutions (WTTR) reported acquisitions of $41.99M in Q2 2026.
How has Select Water Solutions's acquisitions changed year-over-year?
Select Water Solutions's acquisitions increased by 1202.1% year-over-year, from $3.23M to $41.99M.
What is the long-term trend for Select Water Solutions's acquisitions?
Over 2 years (2023 to 2025), Select Water Solutions's acquisitions has grown at a 74.0% compound annual growth rate (CAGR), from $17.69M to $53.59M.
What does acquisitions mean?
Cash paid for business acquisitions net of cash acquired in the target company — the primary M&A cash flow line.

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