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Select Water Solutions WTTR Non-Controlling Interests

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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$2.61B+201%
Enterprise value$2.87B+155%
P/E80.7×+55.7×
P/S1.8×+1.2×

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:MinorityInterest.

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 itemJune 30, 2026December 31, 2025
Class B common stock, $0.01 par value; 150,000,000 shares authorized and 11,158,101 and 16,221,101 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively112162
Preferred stock, $0.01 par value; 50,000,000 shares authorized; no shares issued and outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital1,203,251989,329
Accumulated deficit(155,283)(184,924)
Total stockholders’ equity1,049,351805,616
Noncontrolling interests88,169121,451
Total equity1,137,520927,067
Total liabilities and equity$1,787,741$1,595,612

Item 1. Financial Statements (Unaudited)

FAQ

What is Select Water Solutions's non-controlling interests?
Select Water Solutions (WTTR) reported non-controlling interests of $88.17M in Q2 2026.
How has Select Water Solutions's non-controlling interests changed year-over-year?
Select Water Solutions's non-controlling interests decreased by 28.8% year-over-year, from $123.84M to $88.17M.
What is the long-term trend for Select Water Solutions's non-controlling interests?
Over 5 years (2020 to 2025), Select Water Solutions's non-controlling interests has grown at a 1.5% compound annual growth rate (CAGR), from $112.82M to $121.45M.
What does non-controlling interests mean?
Equity attributable to minority shareholders in subsidiaries not fully owned by the parent — their proportional claim on subsidiary net assets.

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