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Select Water Solutions WTTR Sales taxes payable

Sales taxes payable at other companies

Select Water Solutions logo
Select Water SolutionsWTTR
$3.14M+46.9%
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$4.93M+31.2%
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$39M-7.1%
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$6.97K

Other financials

Income statement

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Revenue$366.0M-2.3%
Gross profit$65.3M+17.1%
Operating income$18.0M+15.6%
Net income$8.6M+4.5%
EPS (diluted)$0.080.0%

Balance sheet

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Cash & equivalents$56.0M+101%
Total debt$285.2M-1.7%
Total equity$991.5M+25.0%
Total assets$1.7B+10.5%

Cash flow

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Operating cash flow$10.2M+302%
CapEx$78.4M+61.8%
Free cash flow-$68.1M-27.4%

Valuation

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Market cap$2.31B+71.4%
Enterprise value$2.54B+55.1%
P/E105.2×+68.7×
P/S1.7×+0.7×

Profitability

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Gross margin15.1%-0.1pp
Operating margin2.3%-2.1pp
Net margin1.6%-1.0pp
FCF margin-7%-7.7pp

Returns & leverage

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Return on equity2.5%-2.3pp
Debt / equity0.3×-0.1×
Current ratio1.9×+0.1×

Where this comes from

Reported directly by Select Water Solutions in its filing.

Tagged under the XBRL concept us-gaap:SalesAndExciseTaxPayableCurrent.

The official record: Select Water Solutions’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Select Water Solutions's sales taxes payable?
Select Water Solutions (WTTR) reported sales taxes payable of $3.14M in Q1 2026.
How has Select Water Solutions's sales taxes payable changed year-over-year?
Select Water Solutions's sales taxes payable increased by 46.9% year-over-year, from $2.14M to $3.14M.
What is the long-term trend for Select Water Solutions's sales taxes payable?
Over 5 years (2020 to 2025), Select Water Solutions's sales taxes payable has grown at a 11.5% compound annual growth rate (CAGR), from $1.42M to $2.44M.
What does sales taxes payable mean?
This balance represents the amount of sales tax collected from customers on behalf of various taxing authorities that has not yet been remitted. It acts as a short-term liability reflecting the company's role as a collection agent for government entities. Fluctuations in this account typically correlate with changes in taxable revenue volume.