Select Water Solutions, Inc.

WTTRNYSEUtilities● Active

$18.56

+$0.55(+3.05%)

Market Cap$1.9B

P/E Ratio—

52W High$20.48

52W Low$7.86

Avg Volume1.8M

Open$18.49

Beta0.98

Overview

Select Water Solutions, Inc. (WTTR) Free Cash Flow & Analysis

Annual & trailing free cash flow, FCF margin, YoY change, valuation ratios, and peer context.

WTTR · free cash flow · updated Jun 8, 2026

Core FCF metrics

WTTR · FCF · TTM · margin & CAGR

Free cash flow was −$79.9M for FY2025 (fiscal year ending 2025-12-31), down 229.4% year-over-year The FCF margin was -5.7%.

FY2025 Free Cash Flow−$79.9M▼ -229.4% YoY

Trailing 12M (TTM)−$94.5Mtrailing 4 quarters sum

FCF Margin-5.7%−$79.9M ÷ revenue

3-Year CAGRN/AN/A — contains negative FCF

5-Year CAGRN/AN/A — contains negative FCF

FormulaFCF = Operating Cash Flow − Capital ExpendituresTTM = trailing 4 quarters sumCAGR → N/A if either endpoint ≤ 0

Source: FMP /cash-flow-statement · SEC 10-K / 10-Q · USDUpdated: Jun 8, 2026

Annual free cash flow history

FCF ($B, upper) · YoY Growth % (lower)

Positive FCFNegative FCF

Free Cash Flow

YoY Growth %

Annual free cash flow data

WTTR · free cash flow history · annual / quarterly

Fiscal YearOperating CFCapExFree Cash FlowYoY ChangeFCF Margin

FY2025Latest$214.7M(295M)−$79.9M▼ 229.4%-5.7%

FY2024$234.9M(173M)$61.7M▼ 58.7%4.3%

FY2023$285.4M(136M)$149.5M▲ +486.7%9.4%

FY2022$33.2M(72M)−$38.7M▲ +31.3%-2.8%

FY2021−$16.2M(40M)−$56.2M▼ 166.5%-7.4%

FCF = Operating Cash Flow − Capital Expenditures · CapEx shown as (negative) · Source: SEC filings via FMP

FCF valuation metrics

WTTR · P/FCF · FCF yield · FCF per share

Select Water Solutions, Inc. (WTTR) reported negative free cash flow of −$0.08B. FCF-based valuation ratios are not meaningful when FCF is negative.

FCF Yield (TTM)

N/A

Free Cash Flow ÷ Market Cap

per FMP freeCashFlowYieldTTM definition

FCF per Share (TTM)

N/A

TTM FCF ÷ Shares Outstanding

Price / FCF

N/A

Share Price ÷ FCF per Share

EV / FCF (TTM)

N/A

Enterprise Value basis

FCF-based valuation ratios are only meaningful when free cash flow is positive. Negative FCF indicates capital expenditures exceeded operating cash flow.

Source: FMP /key-metrics-ttm · /cash-flow-statement Q · /income-statementFY2025 · 2025-12-31

Cash flow statement summary

WTTR · cash flow statement · operating / investing / financing

For FY2025, Select Water Solutions, Inc. generated $214.7M in operating cash flow and spent 295M in capital expenditures, yielding −$79.9M in free cash flow.

Operating Activities

+$214.7M

Cash from core business operations

2025-12-31

Investing Activities

−$402.1M

CapEx, acquisitions & investments

2025-12-31

Financing Activities

+$185.5M

Buybacks, dividends & debt

2025-12-31

FCF FormulaOperating CF ($214.7M) − |CapEx| (295M) = FCF (−$79.9M)

For the complete Operating / Investing / Financing line-item breakdown:

View Full Cash Flow Statement →

Free cash flow vs peers (Utilities)

WTTR vs peers · FCF

#CompanyFree Cash FlowYoYFCF MarginRelative

Select Water Solutions, Inc.YOU

WTTR

−$79.9M-229.4%-5.7%

Loss

Constellation Energy Corporation

CEG

$1.29B+125.6%5.0%

35%

Duke Energy Corporation

Utilities · Sorted by FCF · FMP /cash-flow-statementFull FCF Rankings →

About Free Cash Flow & Methodology

Select Water Solutions, Inc. (WTTR) reported free cash flow of −$79.9M for FY2025 (fiscal year ending 2025-12-31), down 229.4% year-over-year. The FCF margin was -5.7%.

Based on available data, Select Water Solutions, Inc. has maintained positive free cash flow for at least 6 fiscal year(s). FCF peaked at $149.5M in FY2023.

Data sourced from FMP /cash-flow-statement · SEC 10-K / 10-Q · USD.

Q&A and summaries align with SEC 10-K/10-Q cash flow disclosures and FMP /cash-flow-statement where noted.

Revenue Financial statements Net income Earnings Forecast Price history Market cap Cash on hand P/E ratio

Frequently asked questions

WTTR free cash flow · 8 questions

Select Water Solutions, Inc. free cash flow was −$79.9M for FY2025, down 229.4% year-over-year. On a trailing twelve-month (TTM) basis, free cash flow stands at −$94.5M.

WTTR free cash flowWTTR FCFWTTR FCF 2025WTTR free cash flow TTM

▸ Source: FMP /cash-flow-statement · US GAAP · Select Water Solutions, Inc. · Select Water Solutions, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: Jun 8, 2026