TMD Energy vs Waterbridge Infrastructure LLC
TMD Energy and Waterbridge Infrastructure LLC are similar in size: $545m and $526m of revenue in their latest fiscal years. Waterbridge Infrastructure LLC grew faster (66.2% against -20.8%). Waterbridge Infrastructure LLC kept more of each dollar of sales as profit: a net margin of 0.0% against -3.4%.
| Latest fiscal year | TMD EnergyTMDE, 2026 | Waterbridge Infrastructure LLCWBI, 2025 |
|---|---|---|
| Revenue | $545m | $526m |
| Revenue growth | -20.8% | 66.2% |
| Net income | −$18.6m | $9,000 |
| Operating margin | — | — |
| Net margin | -3.4% | 0.0% |
| Return on equity | -182.0% | 0.0% |
| Free cash flow | $7.5m | −$119m |
| Cash | $4.0m | $51.5m |
| Total debt | $86.8m | $1.46bn |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | — | — |
| Share buybacks | — | — |
| Employees | — | 540 |
| Market value | $12.3m | $1.39bn |
| Price vs our value range | — | — |
| Moat score | — | — |
| Insider trades, 12 months | 0 buys, 0 sales | 4 buys, 3 sales |