WBI Stock Analysis: WaterBridge Infrastructure | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 4.011m USD | 12M Return: 45.4% | US9409231050 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 18.1M
Qual. Beats: 0
Rev. Trend: 76.0%
Warnings
Tailwinds
No distinct edge detected
Seasonality 0.9 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 August 28, 2026, the stock is trading at USD 32.69 with a total of 270,307 shares traded. Over the past week, the price has changed by +0.78%, over one month by -1.82%, over three months by +10.76% and over the past year by +45.42%.
Current recommended Stop Loss: 29.90 (which is 8.5% or 2.1 ATR below the current price).
WaterBridge Infrastructure has no consensus analysts rating.
P/S = 5.3419
P/B = 2.3161
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 = 5.59b USD (4.01b + Debt 1.62b - CCE 47.6m)
Interest Coverage Ratio = 1.34 (Ebit TTM 116.8m / Interest Expense TTM 87.4m)
EV/FCF = -45.68x (Enterprise Value 5.59b / FCF TTM -122.3m)
FCF Yield = -2.19% (FCF TTM -122.3m / Enterprise Value 5.59b)
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 = 1.42 (Enterprise Value 5.59b / 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 = 7.84% (E(4.01b)/V(5.63b) * Re(9.10%) + D(1.62b)/V(5.63b) * Rd(5.39%) * (1-Tc(0.12)))
Discount Rate = 9.10% (= 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=+0% | Analysts=4
EPS current Year (2026-12-31): EPS=0.57 | Chg30d=-16.05% | Revisions=+0% | GrowthEPS=+0.0% | GrowthRev=+14.4%
EPS next Year (2027-12-31): EPS=1.19 | Chg30d=-11.46% | Revisions=-25% | GrowthEPS=+110.4% | GrowthRev=+22.5%
[Analyst] Revisions Ratio: -25% (up=0, down=1)