Select Energy Services, Inc. (WTTR) Key Metrics
WTTR valuation today
Trailing 12 months · as of October 17, 2026- Market cap
- $2.65B
- Enterprise value
- $2.75B
- P/E (TTM)
- 66.4 10-yr median 31.3
- Forward P/E
- 23.5
- PEG ratio
- —
- Price / sales
- 1.9 10-yr median 0.7
- Price / book
- 2.4 10-yr median 1.0
- EV / EBITDA
- 10.8 10-yr median 6.6
- Dividend yield
- 1.36% $0.28 a year
- Beta
- 1.00
WTTR key metrics, 2016–2025
Fiscal year ended December 31, 2025 · U.S. dollarsWTTR valuation Price multiples at each fiscal year-end price.
WTTR returns How much profit the business earns on the capital it uses.
WTTR per-share figures Results divided by the shares outstanding at year-end.
WTTR financial health Debt, liquidity and how easily interest is covered.
WTTR efficiency & capital use Working capital cycle and where the cash goes.
WTTR valuation history
WTTR returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
WTTR debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
WTTR cash returned to shareholders
WTTR price vs earnings per share
WTTR key metrics
2016–2025| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Valuation | ||||||||||
| Market capitalization | $1.09B | $1.35B | $784.3M | $892.2M | $548.0M | $348.9M | $861.2M | $469.2M | $1.31B | — |
| Enterprise value | $1.45B | $1.47B | $780.8M | $965.0M | $529.6M | $255.2M | $873.5M | $514.7M | $1.38B | — |
| P/E ratio | 51.4 | 44.1 | 10.5 | 18.5 | — | — | 309.3 | 12.9 | — | — |
| Price / sales | 0.8 | 0.9 | 0.5 | 0.6 | 0.7 | 0.6 | 0.7 | 0.3 | 1.9 | — |
| Price / book | 1.4 | 1.7 | 1.0 | 1.2 | 0.9 | 0.6 | 0.9 | 0.6 | 2.0 | — |
| Price / free cash flow | — | 21.9 | 5.2 | — | — | 4.1 | 9.2 | 7.0 | — | — |
| Price / operating cash flow | 5.1 | 5.8 | 2.7 | 26.8 | — | 3.3 | 4.2 | 2.0 | — | — |
| EV / sales | 1.0 | 1.0 | 0.5 | 0.7 | 0.7 | 0.4 | 0.7 | 0.3 | 2.0 | — |
| EV / EBITDA | 6.5 | 6.9 | 4.7 | 5.5 | 12.0 | — | 6.7 | 2.3 | 18.7 | — |
| EV / free cash flow | — | 23.7 | 5.2 | — | — | 3.0 | 9.3 | 7.7 | — | — |
| Earnings yield | 1.9% | 2.3% | 9.5% | 5.4% | −7.7% | −97.1% | 0.3% | 7.8% | −1.3% | — |
| Free cash flow yield | −7.3% | 4.6% | 19.1% | −4.3% | −10.3% | 24.2% | 10.9% | 14.3% | −7.8% | — |
| Dividend yield | 3.1% | 2.2% | 3.2% | 0.7% | 1.0% | 1.5% | 0.6% | 12.8% | 8.3% | — |
| Shareholder yield (dividends + buybacks) | 3.7% | 2.8% | 11.1% | 2.9% | 1.2% | 4.6% | 2.7% | 16.3% | 8.4% | — |
| Share price at fiscal year-end | $10.52 | $13.24 | $7.59 | $9.24 | $6.23 | $4.10 | $9.28 | $6.32 | $18.24 | — |
| Per share | ||||||||||
| Revenue per share | $13.56 | $14.22 | $15.34 | $14.37 | $8.69 | $7.11 | $13.92 | $20.59 | $9.66 | $5.18 |
| Earnings per share | $0.20 | $0.30 | $0.72 | $0.50 | −$0.48 | −$3.98 | $0.03 | $0.49 | −$0.23 | −$0.02 |
| Operating cash flow per share | $2.07 | $2.30 | $2.76 | $0.34 | −$0.18 | $1.24 | $2.20 | $3.13 | −$0.04 | $0.09 |
| Free cash flow per share | −$0.77 | $0.60 | $1.45 | −$0.40 | −$0.64 | $0.99 | $1.01 | $0.90 | −$1.42 | −$0.53 |
| Cash per share | $0.17 | $0.20 | $0.55 | $0.08 | $0.98 | $1.99 | $0.85 | $0.23 | $0.04 | $0.69 |
| Book value per share | $7.76 | $7.77 | $7.48 | $7.93 | $6.73 | $6.97 | $10.10 | $11.22 | $9.16 | $1.93 |
| Tangible book value per share | $6.27 | $6.38 | $6.31 | $6.50 | $5.50 | $5.61 | $5.75 | $5.53 | $3.17 | $1.52 |
| Dividends per share | $0.32 | $0.29 | $0.24 | $0.06 | $0.06 | $0.06 | $0.05 | $0.81 | $1.52 | $0.00 |
| Capex per share | $2.84 | $1.70 | $1.31 | $0.74 | $0.45 | $0.25 | $1.19 | $2.23 | $1.38 | $0.62 |
| Debt per share | $3.61 | $1.30 | $0.52 | $0.83 | $0.77 | $0.88 | $0.99 | $0.84 | $1.07 | $0.27 |
| Shares outstanding | 103.8M | 102.1M | 103.3M | 96.6M | 88.0M | 85.1M | 92.8M | 74.2M | 71.7M | 58.4M |
| Change in shares outstanding | +1.6% | −1.2% | +7.0% | +9.8% | +3.4% | −8.3% | +25.0% | +3.5% | +22.9% | +51.8% |
| Returns & profitability | ||||||||||
| Return on equity (ROE) | 2.7% | 3.9% | 9.7% | 7.1% | −7.1% | −44.3% | 0.3% | 4.9% | −4.4% | −0.5% |
| Return on invested capital (ROIC) | 3.5% | 4.7% | 7.6% | 5.5% | −9.7% | −43.1% | 1.7% | 7.4% | −5.8% | −71.9% |
| Return on assets (ROA) | 1.4% | 2.4% | 6.1% | 4.4% | −4.6% | −30.5% | 0.2% | 2.7% | −1.9% | −0.2% |
| Return on tangible assets | 1.5% | 2.5% | 6.8% | 4.5% | −5.0% | −44.6% | 0.3% | 3.9% | −1.8% | −0.3% |
| Free cash flow margin | −5.7% | 4.3% | 9.4% | −2.8% | −7.4% | 14.0% | 7.3% | 4.4% | −14.7% | −10.3% |
| Income quality (OCF / net income) | 10.12 | 7.66 | 3.84 | 0.69 | — | — | 73.26 | 6.37 | — | — |
| Financial health | ||||||||||
| Total debt | $374.3M | $132.7M | $53.5M | $80.2M | $67.3M | $75.3M | $91.6M | $62.7M | $77.0M | $15.9M |
| Cash & short-term investments | $18.1M | $20.0M | $57.1M | $7.3M | $85.8M | $169.0M | $79.3M | $17.2M | $2.8M | $40.0M |
| Net debt | $356.2M | $112.8M | −$3.5M | $72.8M | −$18.5M | −$93.7M | $12.3M | $45.5M | $74.2M | −$24.1M |
| Debt / equity | 0.46 | 0.17 | 0.07 | 0.10 | 0.11 | 0.13 | 0.10 | 0.08 | 0.12 | 0.14 |
| Debt / assets | 0.23 | 0.10 | 0.04 | 0.07 | 0.07 | 0.09 | 0.07 | 0.05 | 0.06 | 0.04 |
| Net debt / EBITDA | 1.60 | 0.53 | −0.02 | 0.42 | −0.42 | — | 0.10 | 0.20 | 1.00 | — |
| Current ratio | 1.57 | 1.65 | 2.15 | 2.24 | 2.44 | 3.96 | 2.74 | 2.40 | 2.41 | 2.69 |
| Quick ratio | 1.42 | 1.49 | 1.96 | 2.06 | 2.16 | 3.58 | 2.49 | 2.15 | 2.17 | 2.67 |
| Interest coverage | 1.5 | 7.8 | 13.9 | 14.5 | -38.3 | -184.8 | 8.6 | 11.6 | -4.5 | -18.5 |
| Working capital | $128.7M | $152.1M | $242.5M | $286.6M | $232.7M | $262.7M | $263.7M | $252.4M | $261.3M | $78.3M |
| Invested capital | $1.16B | $906.3M | $769.0M | $838.8M | $573.6M | $499.3M | $949.5M | $878.4M | $730.8M | $88.6M |
| Tangible asset value | $772.4M | $773.6M | $771.3M | $744.9M | $586.7M | $589.8M | $708.9M | $688.6M | $633.9M | $310.9M |
| Net current asset value | −$314.2M | −$65.2M | $128.0M | $178.8M | $139.8M | $182.0M | $180.8M | $182.3M | $153.5M | $54.3M |
| Graham number | $5.98 | $7.24 | $11.00 | $9.45 | — | — | $2.61 | $11.14 | — | — |
| Graham net-net per share | −$4.19 | −$1.96 | −$0.07 | $0.16 | $0.32 | $1.33 | $0.73 | $0.63 | $0.25 | $0.47 |
| Capital allocation | ||||||||||
| Dividends paid | $33.7M | $29.7M | $24.9M | $6.0M | $5.2M | $5.2M | $5.0M | $60.0M | $109.0M | $0 |
| Share buybacks (net) | $7.3M | $7.9M | $61.8M | $20.2M | $1.2M | $10.9M | $18.6M | $16.6M | $297,000 | $0 |
| Dividend payout ratio | 158.6% | 97.1% | 33.5% | 12.5% | — | — | 179.6% | 164.3% | — | — |
| Dividends + buybacks / free cash flow | — | 61.0% | 58.0% | — | — | 19.0% | 25.2% | 114.2% | — | — |
| Capex / revenue | 20.9% | 11.9% | 8.6% | 5.2% | 5.2% | 3.5% | 8.5% | 10.8% | 14.3% | 12.0% |
| Capex / operating cash flow | 137.2% | 73.7% | 47.6% | 216.3% | — | 20.1% | 54.0% | 71.2% | — | 707.3% |
| Capex / depreciation | 1.64 | 1.10 | 0.97 | 0.62 | 0.43 | 0.21 | 0.91 | 1.24 | 0.95 | 0.37 |
| Stock-based compensation / revenue | 1.4% | 1.8% | 1.1% | 1.1% | 1.2% | 1.0% | 1.2% | 0.7% | 1.1% | 0.1% |
| SG&A / revenue | 11.5% | 11.0% | 9.8% | 8.6% | 10.9% | 12.3% | 8.6% | 6.7% | 12.4% | 17.9% |
| Efficiency | ||||||||||
| Days sales outstanding | 70.8 | 76.0 | 87.2 | 87.9 | 86.5 | 121.2 | 86.9 | 86.4 | 120.5 | 94.0 |
| Days of inventory on hand | 11.0 | 11.4 | 10.8 | 12.7 | 19.1 | 20.4 | 13.2 | 12.3 | 13.1 | 0.9 |
| Days payables outstanding | 24.9 | 24.0 | 23.7 | 32.3 | 30.2 | 34.8 | 21.4 | 14.2 | 19.0 | 10.9 |
| Cash conversion cycle (days) | 56.8 | 63.4 | 74.3 | 68.3 | 75.4 | 106.8 | 78.7 | 84.5 | 114.6 | 84.0 |
| Receivables turnover | 5.16 | 4.80 | 4.18 | 4.15 | 4.22 | 3.01 | 4.20 | 4.22 | 3.03 | 3.88 |
| Payables turnover | 14.66 | 15.21 | 15.41 | 11.30 | 12.10 | 10.49 | 17.05 | 25.74 | 19.19 | 33.56 |
| Inventory turnover | 33.28 | 31.97 | 33.92 | 28.65 | 19.11 | 17.89 | 27.69 | 29.70 | 27.84 | 407.20 |
| Asset turnover | 0.95 | 1.12 | 1.30 | 1.28 | 0.84 | 0.54 | 0.95 | 1.13 | 0.79 | 0.57 |
| Average receivables | $272.8M | $302.3M | $378.9M | $334.1M | $181.3M | $200.9M | $307.6M | $362.1M | $228.7M | $77.9M |
| Average payables | $82.5M | $81.0M | $87.8M | $108.6M | $61.5M | $60.4M | $67.0M | $51.7M | $33.1M | $10.3M |
| Average inventory | $36.4M | $38.5M | $39.9M | $42.8M | $38.9M | $35.5M | $41.3M | $44.8M | $22.8M | $851,000 |
| Intangibles / total assets | 9.7% | 10.4% | 9.9% | 11.4% | 11.4% | 13.3% | 30.0% | 31.0% | 31.7% | 5.9% |
Computed from WTTR's annual financial statements (latest annual report filed February 18, 2026) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in U.S. dollars; data from EODHD. Averages use the opening and closing balance of each year.
WTTR valuation and financial ratios
At the end of fiscal 2025 (December 31, 2025), Select Energy Services traded at 51.4 times earnings, against a 10-year median of 31.3. Based on the latest twelve months, the trailing P/E is 66.4 and the forward P/E is 23.5. Select Energy Services earned a return on equity of 2.7% and a return on invested capital of 3.5% in fiscal 2025. It ended the year with $374.3 million of debt and $18.1 million in cash and short-term investments, net debt of $356.2 million. It returned $40.9 million to shareholders: $33.7 million in dividends and $7.3 million in share buybacks. The share count rose 77.8% from 58.4M to 103.8M over 9 years.
See the WTTR income statement, the WTTR chart for price history, or the WTTR stock overview for the latest quote and news.
WTTR key metrics FAQ
What is Select Energy Services's P/E ratio?
Select Energy Services's trailing P/E ratio is 66.4 based on the last twelve months of earnings (as of October 17, 2026), and its forward P/E is 23.5. At the end of fiscal 2025 it was 51.4, compared with a 10-year median of 31.3.
What is Select Energy Services's EV/EBITDA?
Select Energy Services's enterprise value was 6.5 times EBITDA at the end of fiscal 2025 (enterprise value $1.4 billion, EBITDA $222.9 million); the current EV/EBITDA is 10.8.
What is Select Energy Services's return on equity?
Select Energy Services's return on equity (ROE) was 2.7% in fiscal 2025: net income of $21.2 million on average shareholders' equity of $799.6 million.
What is Select Energy Services's ROIC?
Select Energy Services's return on invested capital was 3.5% in fiscal 2025, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does Select Energy Services have?
Select Energy Services had total debt of $374.3 million at the end of fiscal 2025, a debt-to-equity ratio of 0.46 and $356.2 million of net debt (1.60 times EBITDA).
What is Select Energy Services's dividend yield?
Select Energy Services's forward dividend yield is 1.36%. Select Energy Services paid $33.7 million in dividends in fiscal 2025 ($0.32 per share), a payout ratio of 158.6%.
Does Select Energy Services buy back its shares?
Yes. Select Energy Services spent $7.3 million on net share repurchases in fiscal 2025 Shares outstanding changed +1.6% over the year, to 103.8M..
What is Select Energy Services's free cash flow yield?
Select Energy Services generated -$79.9 million of free cash flow in fiscal 2025, a free cash flow yield of −7.3% on its market value at year-end ($1.1 billion).
What is Select Energy Services's current ratio?
Select Energy Services's current ratio was 1.57 at the end of fiscal 2025: current assets were 1.57 times current liabilities.