Cactus, Inc.

WHD Energy Oil & Gas Equipment & Services

Cactus, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.1 billion, down 4.49% from fiscal 2024.

Revenue
+63.2%
EPS
+45.9%
Free cash flow
−95.6%
Total debt
−7.21%

Quarter to September 2026, against a year earlier

55.21 2.86 −4.93%
Market cap
$4.4B
P/E
37.6×
Fwd P/E
23.4×
Dividend yield
1.03%
F-score
5/9
Altman Z
6.32
Beneish M
−2.78
Dividend safety
86/100

Cactus, Inc. (WHD) Operating margin

Alert me on Operating margin

Cactus, Inc.'s operating margin over the twelve months to 30 September 2026 was 18.8%, down 4.4 percentage points from fiscal 2025 (23.2%). Over the past ten years it has ranged from 6.85% (fiscal 2016) to 32.7% (fiscal 2018); the current reading is higher than 45% of that period. That is above the Oil & Gas Equipment & Services industry median of 7.44% and above the Energy sector median of 15.2%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 23.2% (2.42)
FY2024 25.6% 1.53
FY2023 24.1% (1.29)
FY2022 25.4% 8.19
FY2021 17.2% (2.89)
FY2020 20.1% (9.05)
FY2019 29.1% (3.52)
FY2018 32.7% 6.62
FY2017 26.0% 19.19
FY2016 6.85% (12.21)

Quarterly newest first

Period Operating margin Change (points)
Sep 2026 21.8% 3.24
Jun 2026 18.6% 5.84
Mar 2026 12.8% (10.16)
Dec 2025 22.9% (0.29)
35 more quarters

Against its own ten years

Low 6.85% High 32.7%
Ten-year median 24.1%
Current reading's percentile 17

Operating margin against peers

Company Operating margin
AROC Archrock, Inc. compare 37.7%
USAC USA Compression Partners, LP compare 28.9%
KGS Kodiak Gas Services, Inc. compare 27.4%
SEI Solaris Energy Infrastructure, Inc. compare 24.3%
WHD Cactus, Inc. 18.8%
TDW Tidewater Inc. compare 18.4%
WFRD Weatherford International PLC compare 12.4%
OII Oceaneering International, Inc. compare 10.4%
NOV NOV Inc. compare 5.46%
Oil & Gas Equipment & Services industry median 7.44%
Energy sector median 15.2%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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