(WBI) WaterBridge Infrastructure - Overview
Sector: Energy | Industry: Oil & Gas Equipment & Services | Exchange: NYSE (USA) | Market Cap: 1.447m USD | Total Return: 30.6% in 12m
Avg Turnover: 19.7M
Rev. Trend: 76.0%
Warnings
P/E ratio 439.6
Share dilution 220.6% YoY
High Debt/EBITDA (6.4) with thin interest coverage (0.8)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.8 is critical
Altman Z'' 0.26 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Confidence
WaterBridge Infrastructure LLC is a Houston-based water management firm specializing in integrated pipeline networks and handling solutions for the energy sector. Incorporated in 2025, the company manages produced water gathering, brackish and recycled water distribution, and natural gas transportation services.
The business operates within the midstream energy sector, where infrastructure providers typically utilize long-term, fee-based contracts to mitigate exposure to commodity price volatility. As hydraulic fracturing requires significant volumes of water, integrated pipeline systems reduce the logistical costs and environmental footprint associated with trucking fluid waste.
Investors may find it useful to review ValueRay for further data on midstream infrastructure trends.
- Permian Basin production volumes dictate produced water handling revenue growth
- Midstream pipeline expansion projects drive long-term infrastructure capital expenditure
- Regulatory shifts in wastewater injection disposal impact operational compliance costs
- E&P activity levels influence demand for recycled and brackish water solutions
- Integrated gas transportation volumes diversify revenue beyond core water management services
| Net Income: 15.7m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -0.24 > 1.0 |
| NWC/Revenue: 10.89% < 20% (prev 10.40%; Δ 0.49% < -1%) |
| CFO/TA 0.10 > 3% & CFO 385.5m > Net Income 15.7m |
| Net Debt (1.42b) to EBITDA (221.3m): 6.43 < 3 |
| Current Ratio: 1.30 > 1.5 & < 3 |
| Outstanding Shares: last quarter (123.5m) vs 12m ago 220.6% < -2% |
| Gross Margin: 24.45% > 18% (prev 0.18%; Δ 2.43k% > 0.5%) |
| Asset Turnover: 16.38% > 50% (prev 22.49%; Δ -6.11% > 0%) |
| Interest Coverage Ratio: 0.84 > 6 (EBITDA TTM 221.3m / Interest Expense TTM 96.2m) |
| A: 0.02 (Total Current Assets 259.2m - Total Current Liabilities 199.5m) / Total Assets 3.75b |
| B: -0.00 (Retained Earnings -3.20m / Total Assets 3.75b) |
| C: 0.02 (EBIT TTM 80.4m / Avg Total Assets 3.35b) |
| D: -0.00 (Book Value of Equity -3.20m / Total Liabilities 1.90b) |
| Altman-Z'' = 0.26 = B |
| DSRI: 1.33 (Receivables 158.3m/144.1m, Revenue 548.4m/662.2m) |
| GMI: 0.73 (GM 24.45% / 17.73%) |
| AQI: 2.47 (AQ_t 0.30 / AQ_t-1 0.12) |
| SGI: 0.83 (Revenue 548.4m / 662.2m) |
| TATA: -0.10 (NI 15.7m - CFO 385.5m) / TA 3.75b) |
| Beneish M = -2.36 (Cap -4..+1) = BBB |
As of May 29, 2026, the stock is trading at USD 29.61 with a total of 651,214 shares traded.
Over the past week, the price has changed by -3.31%,
over one month by +3.01%,
over three months by +11.53% and
over the past year by +30.62%.
WaterBridge Infrastructure has no consensus analysts rating.
P/E Trailing = 439.5714
P/S = 2.3014
P/B = 2.2031
Revenue TTM = 548.4m USD
EBIT TTM = 80.4m USD
EBITDA TTM = 221.3m USD
Long Term Debt = 1.46b USD (from longTermDebt, last quarter)
Short Term Debt = 9.11m USD (from shortTermDebt, last quarter)
Debt = 1.47b USD (corrected: LT Debt 1.46b + ST Debt 9.11m) + Leases 7.12m
Net Debt = 1.42b USD (calculated: Debt 1.47b - CCE 50.7m)
Enterprise Value = 2.87b USD (1.45b + Debt 1.47b - CCE 50.7m)
Interest Coverage Ratio = 0.84 (Ebit TTM 80.4m / Interest Expense TTM 96.2m)
EV/FCF = -24.14x (Enterprise Value 2.87b / FCF TTM -118.9m)
FCF Yield = -4.14% (FCF TTM -118.9m / Enterprise Value 2.87b)
FCF Margin = -21.68% (FCF TTM -118.9m / Revenue TTM 548.4m)
Net Margin = 2.86% (Net Income TTM 15.7m / Revenue TTM 548.4m)
Gross Margin = 24.45% ((Revenue TTM 548.4m - Cost of Revenue TTM 414.3m) / Revenue TTM)
Gross Margin QoQ = 23.98% (prev none%)
Tobins Q-Ratio = 0.76 (Enterprise Value 2.87b / Total Assets 3.75b)
Interest Expense / Debt = 6.53% (Interest Expense 96.2m / Debt 1.47b)
Taxrate = 9.98% (1.05m / 10.6m)
NOPAT = 72.3m (EBIT 80.4m * (1 - 9.98%))
Current Ratio = 1.30 (Total Current Assets 259.2m / Total Current Liabilities 199.5m)
Debt / Equity = 2.24 (Debt 1.47b / totalStockholderEquity, last quarter 656.7m)
Debt / EBITDA = 6.43 (Net Debt 1.42b / EBITDA 221.3m)
Debt / FCF = -11.97 (negative FCF - burning cash) (Net Debt 1.42b / FCF TTM -118.9m)
Total Stockholder Equity = 807.7m (last 4 quarters mean from totalStockholderEquity)
RoA = 0.47% (Net Income 15.7m / Total Assets 3.75b)
RoE = 1.93% (Net Income TTM 15.7m / Total Stockholder Equity 810.9m)
RoCE = 3.54% (EBIT 80.4m / Capital Employed (Equity 810.9m + L.T.Debt 1.46b))
RoIC = 2.06% (NOPAT 72.3m / Invested Capital 3.51b)
WACC = 7.33% (E(1.45b)/V(2.92b) * Re(8.82%) + D(1.47b)/V(2.92b) * Rd(6.53%) * (1-Tc(0.10)))
Discount Rate = 8.82% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 85.63 | Cagr: 154.0%
[DCF] Fair Price = unknown (Cash Flow -118.9m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: N/A | # QB: 0
Revenue Correlation: 76.02 | Revenue CAGR: 61.79% | SUE: N/A | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.12 | Chg30d=+19.53% | Revisions=N/A | Analysts=2
EPS next Quarter (2026-09-30): EPS=0.20 | Chg30d=+20.63% | Revisions=+20% | Analysts=2
EPS current Year (2026-12-31): EPS=0.61 | Chg30d=+18.91% | Revisions=+33% | GrowthEPS=+0.0% | GrowthRev=+14.7%
EPS next Year (2027-12-31): EPS=1.12 | Chg30d=+47.25% | Revisions=+33% | GrowthEPS=+83.7% | GrowthRev=+18.8%
[Analyst] Revisions Ratio: +33%