Price as of close on Nov 3, 2026 · Financials updated Oct 1, 2026
Basics
Sector
Energy
Industry
Oil & Gas Equipment & Services
Country
United States
Market cap
3.5B USD
Enterprise value
5.1B USD
Full-time employees
540
Overall health
Drawback:less profitable than most peersless profitable than peers
Drawback:its shares are priced higher than most peers relative to what it earnspriced higher than peers for its earnings
Drawback:higher risk than most peers: more debt relative to equity (2.13× vs a peer median of 0.47×)higher risk: more debt vs equity (2.13× vs peers 0.47×)
Not enough data: growth
Would rank #355 of 363 fully scored energy companies (bottom 3%)
Loss over 12 months, profit last quarter. Lost money in the 12 months to June 2026, but made a $5.1M profit in the quarter to June 2026.
WaterBridge Infrastructure LLC reported a net loss over the last twelve months, but its most recent quarter was profitable ($5.1M). One quarter isn't a trend, but it's closer to profitability than the 12-month figure suggests.
Fast revenue growth. Revenue grew 66% in the fiscal year to Dec 2025 vs the year before, faster than 95% of peers.
Revenue grew 66% in the fiscal year to Dec 2025 vs the year before, faster than 95% of its peers.
Sector-normalized EBITDA, earnings, and free cash flow yields.
Earnings yield-0.0%
SEC filings · 12 months to Jun 2026Negative (a loss or cash outflow), so it counts as zero whatever the share price30% base weight · Z-score -1.49Sector median: 0.0522 · MAD: 0.0351
EBITDA yield6.2%
SEC filings · 12 months to Jun 2026Reported value50% base weight · Z-score -1.14Sector median: 0.1209 · MAD: 0.0518
Free cash flow yield-3.5%
SEC filings · 12 months to Jun 2026 · operating cash flow − capital spendingNegative (a loss or cash outflow), so it counts as zero whatever the share price20% base weight · Z-score -1.26Sector median: 0.0618 · MAD: 0.0491
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about WaterBridge Infrastructure LLC
Is WaterBridge Infrastructure LLC getting weaker?
Its latest SEC filing (Aug 6, 2026) got weaker in some ways: turned to a loss over the last 12 months. Its overall score is unchanged at 16/100 since Oct 28, 2026.
How is WaterBridge Infrastructure LLC valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 11/100 against 404 energy peers.Earnings yield -0.0% vs a peer median of 5.2% (weaker than 100% of peers).Earnings yield -0.0% vs peers 5.2% (weaker than 100% of peers).
Is WaterBridge Infrastructure LLC growing?
Insufficient data: 1 of 3 inputs reported (at least 2 needed).
How profitable is WaterBridge Infrastructure LLC?
Less profitable than most of its peers. Profitability scores 27/100 against 404 energy peers.Return on assets -0.0% vs a peer median of 4.4% (weaker than 84% of peers).Return on assets -0.0% vs peers 4.4% (weaker than 84% of peers).
How risky is WaterBridge Infrastructure LLC?
Higher risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Debt / equity 2.13× vs a peer median of 0.47× (weaker than 89% of peers).Debt / equity 2.13× vs peers 0.47× (weaker than 89% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Aug 6, 2026 · compared with the quarter ended Mar 31, 2026
Got weaker
Turned to a loss over the last 12 months
Previous quarter
Latest quarter
Change
Revenue (12 months)
628.6M USD
750.9M USD
+19.4%
Net income (12 months)
1.8M USD
−203,000 USD
turned negative
Operating margin
14.9%
15.5%
+0.7 pts
Free cash flow (12 months)
−132.4M USD
−122.3M USD
−7.6%
Debt
1.5B USD
1.6B USD
+10.2%
Cash
50.7M USD
47.6M USD
−6.0%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2023
FY 2024
FY 2025
Change
Gross margin
27.5%
28.0%
27.1%
▼ 0.9 pts
Operating margin
20.2%
17.8%
15.0%
▼ 2.8 pts
Net margin
7.3%
0.9%
0.0%
▼ 0.9 pts
Return on assets (ROA)
—
0.2%
0.0%
▼ 0.2 pts
Return on equity (ROE)
—
—
0.0%
—
Free cash flow margin
-49.6%
-27.2%
-22.6%
▲ 4.6 pts
Current ratio
—
1.44×
1.38×
▼ 4.1%
Debt to equity
—
—
2.43×
—
WBI price history
Price history is added with the daily price update and will appear after the next one.