WHD
Cactus Inc
NYSE: WHD · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$55.77
-0.25% today
Updated 2026-04-29
Market cap
$3.87B
P/E ratio
23.14
P/S ratio
3.59x
EPS (TTM)
$2.41
Dividend yield
0.97%
52W range
$33 – $59
Volume
1.1M
Cactus Inc (WHD) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $221.40M | $155.05M | $341.19M | $544.13M | $628.41M | $348.57M | $438.59M | $688.37M | $1.10B | $1.13B | $1.08B |
| Revenue growth (YoY) | — | -30.0% | +120.1% | +59.5% | +15.5% | -44.5% | +25.8% | +57.0% | +59.4% | +3.0% | -4.5% |
| Cost of revenue | $157.06M | $125.23M | $225.15M | $325.90M | $393.61M | $236.95M | $317.14M | $445.92M | $690.67M | $693.42M | $489.75M |
| Gross profit | $64.34M | $29.82M | $116.04M | $218.23M | $234.81M | $111.62M | $121.45M | $242.45M | $406.29M | $436.39M | $589.30M |
| Gross margin | 29.1% | 19.2% | 34.0% | 40.1% | 37.4% | 32.0% | 27.7% | 35.2% | 37.0% | 38.6% | 54.6% |
| R&D | — | — | — | $0.00 | — | — | — | — | — | — | — |
| SG&A | $22.14M | $19.21M | $27.18M | $40.53M | $51.66M | $39.72M | $45.56M | $67.70M | $120.42M | $130.46M | $148.92M |
| Operating income | $42.20M | $10.62M | $88.86M | $177.70M | $183.15M | $70.04M | $75.43M | $174.75M | $264.37M | $289.61M | $250.50M |
| Operating margin | 19.1% | 6.8% | 26.0% | 32.7% | 29.1% | 20.1% | 17.2% | 25.4% | 24.1% | 25.6% | 23.2% |
| EBITDA | $62.78M | $31.86M | $112.13M | $207.85M | $228.37M | $111.66M | $111.73M | $211.57M | $332.35M | $363.54M | $353.45M |
| EBITDA margin | 28.4% | 20.5% | 32.9% | 38.2% | 36.3% | 32.0% | 25.5% | 30.7% | 30.3% | 32.2% | 32.8% |
| EBIT | $42.20M | $10.62M | $88.86M | $177.70M | $189.51M | $71.14M | $75.43M | $177.45M | $267.30M | $303.10M | $265.02M |
| Interest expense | $21.85M | $20.23M | $20.77M | $3.72M | $1.52M | $1.13M | $1.13M | $1.23M | $10.24M | $3.82M | $4.35M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $21.22M | $-8.18M | $66.55M | $65.33M | $85.61M | $34.45M | $49.59M | $110.17M | $169.17M | $185.41M | $166.01M |
| Net income growth (YoY) | — | -138.5% | +913.9% | -1.8% | +31.0% | -59.8% | +44.0% | +122.2% | +53.5% | +9.6% | -10.5% |
| Profit margin | 9.6% | -5.3% | 19.5% | 12.0% | 13.6% | 9.9% | 11.3% | 16.0% | 15.4% | 16.4% | 15.4% |