The Tip Desk

Select Water Solutions, Inc.

Company Stats

Market Cap
$2.7B
as of Sep 30, 2026
Shares Outstanding
138.5M
Free Float
80.0%

Income Statement

Revenue
$1.4B
Operating Income
$28.8M
Net Income
$21.2M
EBITDA
$34.1M
Non-cash Impairment
$6.2M
Revenue Growth, 3Y
0.5%
FCF Margin, 3Y Avg
2.7%
FCF Margin, Worst Year
-5.7%

Cash Flow

Free Cash Flow
-$79.9M
FCF Yield
-2.9%
Owner FCF Yield
-3.6%

Balance Sheet

Cash & Equivalents
$18.1M

Returns & Capital

Dividends Paid
$33.7M
Dividend Yield
1.2%
Dividend Payout, 3Y Avg
96.4%
Share Repurchases
$7.3M
Buyback Yield, 3Y Avg
0.9%
SBC, 3Y Avg
$21.2M

Cash Flow by Year

YearRevenueFCFMargin
FY2025$1.4B-$79.9M-5.7%
FY2024$1.5B$61.7M4.3%
FY2023$1.6B$149.5M9.4%
FY2022$1.4B-$38.7M-2.8%
FY2021$764.6M-$56.2M-7.4%

Annual filing data through FY ended December 31, 2025; shares and float as of November 3, 2026. Yields and enterprise value use the calculated market cap above, at its as-of date. Ratios are our calculations from reported figures.

Earnings

Other Coverage