Select Energy Services Inc (WTTR) - Net Assets
Based on the latest financial reports, Select Energy Services Inc (WTTR) has net assets worth $1.12 Billion USD as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($1.71 Billion) and total liabilities ($587.24 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check WTTR tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $1.12 Billion |
| % of Total Assets | 65.6% |
| Annual Growth Rate | 10.96% |
| 5-Year Change | 33.36% |
| 10-Year Change | 176.98% |
| Growth Volatility | 66.88 |
Select Energy Services Inc - Net Assets Trend (2015–2025)
This chart illustrates how Select Energy Services Inc's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Select Energy Services Inc to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Select Energy Services Inc (2015–2025)
The table below shows the annual net assets of Select Energy Services Inc from 2015 to 2025. For live valuation and market cap data, see WTTR market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $927.07 Million | +1.26% |
| 2024-12-31 | $915.53 Million | +2.62% |
| 2023-12-31 | $892.17 Million | +0.96% |
| 2022-12-31 | $883.73 Million | +27.12% |
| 2021-12-31 | $695.17 Million | -1.52% |
| 2020-12-31 | $705.88 Million | -36.57% |
| 2019-12-31 | $1.11 Billion | +0.18% |
| 2018-12-31 | $1.11 Billion | +4.46% |
| 2017-12-31 | $1.06 Billion | +217.70% |
| 2016-12-31 | $334.71 Million | +2.12% |
| 2015-12-31 | $327.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Select Energy Services Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 18492400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $1.21 Million | 0.15% |
| Other Components | $989.33 Million | 122.80% |
| Total Equity | $805.62 Million | 100.00% |
Select Energy Services Inc Competitors by Market Cap
The table below lists competitors of Select Energy Services Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Custom Truck One Source Inc
NYSE:CTOS
|
$2.20 Billion |
|
Hilltop Holdings Inc
NYSE:HTH
|
$2.20 Billion |
|
89bio Inc
NASDAQ:ETNB
|
$2.20 Billion |
|
Ternium Argentina SA
BA:TXAR
|
$2.20 Billion |
|
China Camc Engineering Co Ltd
SHE:002051
|
$2.20 Billion |
|
Distribuidora Internacional de Alimentación S.A
MC:DIA
|
$2.20 Billion |
|
Torunlar Gayrimenkul Yatirim Ortakligi AS
IS:TRGYO
|
$2.20 Billion |
|
Alten SA
PA:ATE
|
$2.20 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Select Energy Services Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 793,520,000 to 805,616,000, a change of 12,096,000 (1.5%).
- Net income of 21,223,000 contributed positively to equity growth.
- Dividend payments of 33,655,000 reduced retained earnings.
- Share repurchases of 7,286,000 reduced equity.
- Other factors increased equity by 31,814,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $21.22 Million | +2.63% |
| Dividends Paid | $33.66 Million | -4.18% |
| Share Repurchases | $7.29 Million | -0.9% |
| Other Changes | $31.81 Million | +3.95% |
| Total Change | $- | 1.52% |
Book Value vs Market Value Analysis
This analysis compares Select Energy Services Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.28x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 2.15x to 2.28x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $8.25 | $17.70 | x |
| 2016-12-31 | $1.93 | $17.70 | x |
| 2017-12-31 | $9.16 | $17.70 | x |
| 2018-12-31 | $11.22 | $17.70 | x |
| 2019-12-31 | $10.10 | $17.70 | x |
| 2020-12-31 | $6.97 | $17.70 | x |
| 2021-12-31 | $6.73 | $17.70 | x |
| 2022-12-31 | $7.93 | $17.70 | x |
| 2023-12-31 | $7.48 | $17.70 | x |
| 2024-12-31 | $7.77 | $17.70 | x |
| 2025-12-31 | $7.76 | $17.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Select Energy Services Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 2.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 1.51%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.98x
- Recent ROE (2.63%) is above the historical average (-6.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -25.82% | -15.29% | 0.82x | 2.05x | $-113.61 Million |
| 2016 | -0.93% | -0.34% | 0.75x | 3.59x | $-12.31 Million |
| 2017 | -2.56% | -2.43% | 0.51x | 2.07x | $-82.48 Million |
| 2018 | 4.38% | 2.39% | 1.12x | 1.63x | $-46.78 Million |
| 2019 | 0.30% | 0.22% | 0.96x | 1.44x | $-90.93 Million |
| 2020 | -57.11% | -55.97% | 0.69x | 1.48x | $-397.99 Million |
| 2021 | -7.13% | -5.52% | 0.80x | 1.60x | $-101.43 Million |
| 2022 | 6.30% | 3.48% | 1.13x | 1.60x | $-28.32 Million |
| 2023 | 9.63% | 4.69% | 1.30x | 1.58x | $-2.85 Million |
| 2024 | 3.86% | 2.11% | 1.06x | 1.72x | $-48.71 Million |
| 2025 | 2.63% | 1.51% | 0.88x | 1.98x | $-59.34 Million |
Industry Comparison
This section compares Select Energy Services Inc's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $4,247,129,078
- Average return on equity (ROE) among peers: -3.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Select Energy Services Inc (WTTR) | $1.12 Billion | -25.82% | 0.52x | $2.20 Billion |
| ProFrac Holding Corp. (ACDC) | $1.35 Billion | 6.77% | 1.17x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $331.70 Million | -10.38% | 0.57x | $2.02 Billion |
| Archrock Inc (AROC) | $1.82 Billion | -30.24% | 1.91x | $6.43 Billion |
| Baker Hughes Co (BKR) | $34.50 Billion | 0.37% | 0.55x | $57.95 Billion |
| ChampionX Corporation (CHX) | $1.66 Billion | 18.92% | 0.95x | $4.94 Billion |
| Core Laboratories NV (CLB) | $257.74 Million | 12.18% | 1.29x | $538.87 Million |
| Drilling Tools International Corp. (DTI) | $119.96 Million | 2.51% | 0.85x | $79.38 Million |
| Dawson Geophysical Company (DWSN) | $3.03 Million | -37.96% | 0.77x | $133.22 Million |
| Enerflex Ltd. (EFXT) | $1.02 Billion | 5.94% | 1.10x | $2.95 Billion |
| Forum Energy Technologies Inc (FET) | $1.41 Billion | -4.05% | 0.56x | $582.40 Million |
About Select Energy Services Inc
Select Water Solutions, Inc. provides water management solutions to the energy industry in the United States. It operates in three segments: Water Infrastructure, Water Services, and Chemical Technologies. Its Water Infrastructure segment engages in the recycling, gathering, transferring, and disposal of water through a network of permanent pipeline infrastructure, water recycling and treatment f… Read more