Cactus, Inc.

Cactus, Inc.

WHD
Cactus, Inc.US flagNew York Stock Exchange
70.16
USD
-1.48
- -
4.87BMarket Cap
Cactus, Inc.
WHD
(New York Stock Exchange)

Recent

price

70.16

P/E

ratio

- -

div

yld

- -

ROIC.AI

2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
2.96
2.07
15.92
16.83
13.97
7.34
7.92
11.41
16.97
17.02
15.74
19.75
Revenue per Share
0.24
-0.11
3.11
1.6
1.9
0.73
0.9
1.83
2.62
2.79
2.42
2.37
Basic EPS, GAAP
0.28
0.03
1.62
5.17
4.66
3.02
1.15
1.95
5.26
4.76
3.77
5.32
Free Cash Flow per Basic Share
0.16
0.03
- -
- -
0.09
0.36
0.38
0.44
0.47
0.51
0.55
0.57
Dividend per Share
-4.35
-4.82
-1.69
4.72
6.94
7.4
7.94
9.39
13.23
15.72
17.8
15.48
Book Value per Share
-4.71
-5.19
-2.06
4.51
6.78
7.23
7.81
9.26
7.38
10.33
12.71
7.53
Tangible Book Value per Share
75
75
21
32
45
47
55
60
65
66
69
69
Basic Weighted Avg Shares
221
155
341
544
628
349
439
688
1,097
1,130
1,079
1,363
Sales/Revenue/Turnover
19.06
6.85
26.04
32.66
29.14
20.63
17.2
25.39
25.45
27.08
23.21
18.65
Operating Margin (%)
21
21
23
30
39
41
36
34
65
60
64
106
Depreciation Expense
21
-8
67
52
86
34
50
110
169
185
166
163
Net Income, GAAP
3.56
- -
2.27
11.5
17
15.63
10.21
17.8
18.12
22.23
22.64
23.24
Effective Tax Rate (%)
9.59
-5.27
19.5
9.5
13.62
9.88
11.31
16.01
15.42
16.41
15.39
11.99
Profit Margin (%)
74
58
111
200
324
376
426
538
381
596
791
787
Working Capital
251
244
249
9
24
20
23
25
28
31
25
39
LT Debt
-93
-103
-36
362
516
551
595
710
1,065
1,264
1,433
1,703
Total Equity
- -
- -
47.28
50.57
30.83
10.24
10.81
19.69
23.34
19
13.63
12.26
Return on Invested Capital (%)
- -
- -
47.53
-14.58
3.41
1.85
5.38
11.06
13.78
11.6
9.54
8.04
Return on Capital (%)
- -
- -
- -
198.55
33.9
10.12
12.07
21.18
23.54
19.15
14.45
13.68
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
12
16
17
LT Borrowings
- -
- -
- -
LT Finance Leases
25
40
39
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
69
69
80
Market Capitalization
3,147
3,288
4,108

Working Capital

FRC

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
955
1,175
1,283
Cash, Cash Equivalents & STI
124
292
366
Accounts Receivable, Net
164
460
510
Inventories
277
404
387
Total Current Liabilities
164
451
496
Payables & Accruals
138
402
427
ST Debt
12
16
17
Deferred Revenue
14
34
52

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-99.59%
21.88%
13.36%
Free Cash Flow
191.86%
38.53%
-18.25%
Net Income, GAAP
-85.01%
43.76%
-10.46%
Sales/Revenue/Turnover
26.12%
28.13%
-4.49%
Total Cash Common Dividend
- -
17.09%
11.16%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
274
290
293
272
1,130
2025
280
274
264
261
1,079
2026
388
450
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.6
0.75
0.75
0.69
2.79
2025
0.65
0.59
0.61
0.58
2.42
2026
0.48
0.7
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.12
0.12
0.13
0.13
0.51
2025
0.14
0.13
0.14
0.14
0.55
2026
0.15
0.14
- -
- -
- -
Business
Cactus, Inc. designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies primarily for the oil and gas industry. Its core product offerings include wellhead systems, valves, flow control products, and spoolable pipe technologies marketed globally through its Cactus Wellhead and FlexSteel Spoolable Pipe brands. The company operates through two key segments: Pressure Control, which provides highly engineered wellhead and pressure control equipment along with field services and rental items; and Spoolable Technologies, focusing on spoolable pipe products used in oil, gas, and liquid transportation pipelines. Cactus offers repair and refurbishment services, supporting the drilling, completion, and production phases of its customers' wells. The company’s products serve onshore unconventional oil and gas wells and are supported by service centers mainly in North America, Australia, and select international markets. Founded in 2011 and headquartered in Houston, Texas, Cactus employs approximately 1,600 people. In recent developments, Cactus expanded its operational footprint and product portfolio through a significant acquisition in 2025, entering a joint venture where it acquired a 65% controlling interest in the Baker Hughes Surface Pressure Control Business (SPC). This strategic partnership with Baker Hughes enhances Cactus's international presence, particularly in key oil and gas markets, and complements its existing businesses by extending its product and service capabilities, especially in specialized surface pressure control solutions like wellheads and production tree equipment. The acquisition is expected to drive greater revenue visibility and financial accretion, backed by SPC's substantial product and aftermarket service backlog. Additionally, Cactus has been diversifying its supply chain by establishing a new manufacturing facility in Vietnam and introducing new products qualified for H2S service, aimed at broadening its addressable market, particularly in sour oil production regions such as the Middle East. Overall, Cactus operates as a holding company managing its subsidiary Cactus Companies, LLC, which wholly owns the Cactus Wellhead and FlexSteel businesses. The company focuses on providing highly engineered equipment solutions that prioritize safety and operational efficiency to its primarily industrial customer base in the energy sector across the United States, Australia, Canada, the Middle East, and other international regions. Its recent strategic expansions underscore a growth trajectory centered on international market penetration, product innovation, and operational efficiency enhancement.

Company News

  • Cactus (WHD) Up 10.5% Since Last Earnings Report: Can It Continue?

  • Why Cactus, Inc. (WHD) is a Top Momentum Stock for the Long-Term

  • Cactus Inc (WHD) Shares Fall 6.6% -- What GF Score of 97 Tells Investors

  • Cactus, Inc. (WHD) Is Up 7.92% in One Week: What You Should Know

  • Cactus, Inc. (WHD) Hits Fresh High: Is There Still Room to Run?

  • Here Are Thursday’s Top Wall Street Analyst Research Calls: Alphabet, Analog Devices, Crown Castle, ebay, EPR Properties, Etsy, Merck & Co., Shopify, TJX Companies, and More

  • Oil Above $80: 2 Energy Stocks You Don't Want to Miss

  • Cactus: The Rig Count Is Becoming Less Important

  • Cactus (NYSE:WHD) CEO Steven Bender Sells 25,000 Shares

  • Is Cactus Worth Buying as Growth Accelerates but Valuation Stretches?

  • Is Cactus Stock Still a Buy After a Board Member Shed 10,000 Shares?

  • Should You Sell Cactus Stock After a Company Insider Offloaded 7,100 Shares?

  • 5 Quality Stocks Set to Reward Investors With Dividend Hikes

  • Is Cactus Stock a Buy After Its President Cashed Out 100,000 Shares Amid a Blowout Quarter?

  • Earnings Estimates Moving Higher for Cactus (WHD): Time to Buy?

  • Cactus, Inc. (WHD) Is Up 17.94% in One Week: What You Should Know

  • Cactus, Inc. (WHD) Hit a 52 Week High, Can the Run Continue?

  • Cactus Q2 Earnings Call Highlights

  • WHD Q2 Earnings Beat Estimates on Pressure Control, Spoolable Growth

  • Cactus, Inc. (WHD) Q2 2026 Earnings Call Transcript