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Select Water Solutions WTTR Noncontrolling interests in subsidiaries

Noncontrolling interests in subsidiaries at other companies

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-$1.27M-0.6%
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WaterBridge InfrastructureWBI
$1.07B
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XylemXYL
$3M-57.1%
Cardinal Infrastructure Group, Inc. logo
Cardinal Infrastructure Group, Inc.CDNL
$191.59M
Weatherford International logo
Weatherford InternationalWFRD
$1M-88.9%
Shimmick Corporation logo
Shimmick CorporationSHIM
$0

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 noncontrolling interests in subsidiaries?
Select Water Solutions (WTTR) reported noncontrolling interests in subsidiaries of $88.17M in Q2 2026.
How has Select Water Solutions's noncontrolling interests in subsidiaries changed year-over-year?
Select Water Solutions's noncontrolling interests in subsidiaries decreased by 28.8% year-over-year, from $123.84M to $88.17M.
What is the long-term trend for Select Water Solutions's noncontrolling interests in subsidiaries?
Over 5 years (2020 to 2025), Select Water Solutions's noncontrolling interests in subsidiaries has grown at a 1.5% compound annual growth rate (CAGR), from $112.82M to $121.45M.
What does noncontrolling interests in subsidiaries mean?
This represents the portion of a subsidiary's net assets that is owned by outside shareholders rather than the parent company. It is reported within equity to show the total value of the subsidiary's assets and liabilities that are not attributable to the parent. It reflects the non-controlling stake in consolidated entities.

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