Is the business good?
How good a business is WHD?
Cactus, Inc. earns 23% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
23%
Return on invested capital · cost of capital 9.0% · 14 points above what the capital costs: growth creates value
- Operating margin
- 19%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q2 2026
- Gross margin
- 33%
Gross margin
| Year | Operating margin |
|---|---|
| FY2020 | 20% |
| FY2021 | 17% |
| FY2022 | 25% |
| FY2023 | 24% |
| FY2024 | 26% |
| FY2025 | 23% |
Details›
- Gross margin12 months to Q2 2026
- 33%
- Operating margin12 months to Q2 2026
- 19%
- Net margin12 months to Q2 2026
- 12%
- Revenue, trailing twelve months
- $1.36B
- Net income, trailing twelve months
- $163M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 23%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion from the cash flow statement.
Oil & Gas Equipment & Services
Ranks #14 of 27 by Smart Score