WBI Stock Analysis: WaterBridge Infrastructure | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 3.810m USD | 12M Return: 29% | US9409231050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 17.1M
Qual. Beats: 0
Rev. Trend: 76.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 1 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
WaterBridge Infrastructure LLC (NYSE: WBI) is a U.S. water infrastructure company that provides water management solutions through integrated pipeline and water handling networks. Its service offering spans produced water handling and gathering pipelines, brackish/recycled/produced water solutions, and gas transportation. The company was incorporated in 2025 and is based in Houston, Texas, a major hub for the U.S. energy industry. It began trading on September 17, 2025, at a small-cap market capitalization of approximately $1.56 billion.
Although classified under the GICS Integrated Oil & Gas sub-industry, WaterBridges business model is more accurately described as an energy midstream/water-services operator. Its services address produced water, a high-volume byproduct of oil and gas extraction that requires gathering, recycling, or disposal infrastructure, making water management an increasingly important component of upstream and midstream oilfield operations. Co-locating water handling with gas transportation also positions the company to offer integrated takeaway solutions to operators in active U.S. shale basins.
- Permian oil production volumes drive water handling revenue growth
- Texas produced water recycling regulations expand addressable market
- Competition from Aris Water Solutions pressures pricing and margins
| Net Income: 15.5m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -0.54 > 1.0 |
| NWC/Revenue: 12.54% < 20% (prev 5.74%; Δ 6.80% < -1%) |
| CFO/TA 0.08 > 3% & CFO 319.7m > Net Income 15.5m |
| Net Debt (1.58b) to EBITDA (358.4m): 4.40 < 3 |
| Current Ratio: 1.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (43.3m) vs 12m ago 12.35% < -2% |
| Gross Margin: 25.06% > 18% (prev 26.84%; Δ -1.79% > 0.5%) |
| Asset Turnover: 20.60% > 50% (prev 16.47%; Δ 4.13% > 0%) |
| Interest Coverage Ratio: 1.34 > 6 (EBIT TTM 116.8m / Interest Expense TTM 87.4m) |
| A: 0.02 (Total Current Assets 268.5m - Total Current Liabilities 174.3m) / Total Assets 3.94b |
| B: -0.00 (Retained Earnings -551k / Total Assets 3.94b) |
| C: 0.03 (EBIT TTM 116.8m / Avg Total Assets 3.64b) |
| D: 0.36 (Book Value of Equity 759.9m / Total Liabilities 2.11b) |
| Altman-Z'' = 0.75 = B |
| DSRI: 1.13 (Receivables 212.8m/138.1m, Revenue 750.9m/551.9m) |
| GMI: 1.07 (GM 26.84% / 25.06%) |
| AQI: 0.95 (AQ_t 0.30 / AQ_t-1 0.32) |
| SGI: 1.36 (Revenue 750.9m / 551.9m) |
| TATA: -0.08 (NI 15.5m - CFO 319.7m) / TA 3.94b) |
| Beneish M = -2.63 (Cap -4..+1) = A |
As of September 27, 2026, the stock is trading at USD 29.80 with a total of 354,660 shares traded. Over the past week, the price has changed by -3.43%, over one month by -6.11%, over three months by -1.69% and over the past year by +28.97%.
Current recommended Stop Loss: 27.40 (which is 8.1% or 2 ATR below the current price).
WaterBridge Infrastructure has no consensus analysts rating.
P/S = 5.0739
P/B = 2.2519
Revenue TTM = 750.9m USD
EBIT TTM = 116.8m USD
EBITDA TTM = 358.4m USD
Long Term Debt = 1.61b USD (from longTermDebt, last quarter)
Short Term Debt = 6.61m USD (from shortTermDebt, last quarter)
Debt = 1.62b USD (from shortLongTermDebtTotal, last quarter) + Leases 6.66m
Net Debt = 1.58b USD (calculated: Debt 1.62b - CCE 47.6m)
Enterprise Value = 5.39b USD (3.81b + Debt 1.62b - CCE 47.6m)
Interest Coverage Ratio = 1.34 (Ebit TTM 116.8m / Interest Expense TTM 87.4m)
EV/FCF = -44.04x (Enterprise Value 5.39b / FCF TTM -122.3m)
FCF Yield = -2.27% (FCF TTM -122.3m / Enterprise Value 5.39b)
FCF Margin = -16.29% (FCF TTM -122.3m / Revenue TTM 750.9m)
Net Margin = 2.07% (Net Income TTM 15.5m / Revenue TTM 750.9m)
Gross Margin = 25.06% ((Revenue TTM 750.9m - Cost of Revenue TTM 562.7m) / Revenue TTM)
Gross Margin QoQ = 26.69% (prev 23.98%)
Tobins Q-Ratio = 1.37 (Enterprise Value 5.39b / Total Assets 3.94b)
Interest Expense / Debt = 5.39% (Interest Expense 87.4m / Debt 1.62b)
Taxrate = 12.17% (2.11m / 17.4m)
NOPAT = 102.6m (EBIT 116.8m * (1 - 12.17%))
Current Ratio = 1.54 (Total Current Assets 268.5m / Total Current Liabilities 174.3m)
Debt / Equity = 2.14 (Debt 1.62b / totalStockholderEquity, last quarter 759.9m)
Debt / EBITDA = 4.40 (Net Debt 1.58b / EBITDA 358.4m)
Debt / FCF = -12.88 (negative FCF - burning cash) (Net Debt 1.58b / FCF TTM -122.3m)
Total Stockholder Equity = 656.6m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.43% (Net Income 15.5m / Total Assets 3.94b)
RoE = 2.36% (Net Income TTM 15.5m / Total Stockholder Equity 656.6m)
RoCE = 5.15% (EBIT 116.8m / Capital Employed (Equity 656.6m + L.T.Debt 1.61b))
RoIC = 2.75% (NOPAT 102.6m / Invested Capital 3.73b)
WACC = 7.66% (E(3.81b)/V(5.43b) * Re(8.91%) + D(1.62b)/V(5.43b) * Rd(5.39%) * (1-Tc(0.12)))
Discount Rate = 8.91% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 61.98 | Cagr: 6.88%
[DCF] Fair Price = unknown (Cash Flow -122.3m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.24 | # QB: 0
Revenue Correlation: 76.02 | Revenue CAGR: 61.79% | SUE: N/A | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.17 | Chg30d=-17.93% | Revisions=-29% | Analysts=4
EPS current Year (2026-12-31): EPS=0.57 | Chg30d=-16.05% | Revisions=-57% | GrowthEPS=+0.0% | GrowthRev=+14.4%
EPS next Year (2027-12-31): EPS=1.19 | Chg30d=-11.46% | Revisions=-57% | GrowthEPS=+110.4% | GrowthRev=+22.5%
[Analyst] Revisions Ratio: -67% (up=1, down=11)