Cactus (WHD) | Financial Analysis & Statements
Financial Overview
Latest Annual: 2024Income Metrics
Revenue
1.1B
Gross Profit
436.4M
38.63%
Operating Income
305.9M
27.08%
Net Income
232.8M
20.60%
EPS (Diluted)
$2.77
Balance Sheet Metrics
Total Assets
1.7B
Total Liabilities
475.1M
Shareholders Equity
1.3B
Debt to Equity
0.38
Cash Flow Metrics
Operating Cash Flow
286.2M
Free Cash Flow
276.9M
Revenue & Profitability Trend
Cactus Income Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 1.1B | 1.1B | 688.4M | 438.6M | 348.6M |
| Cost of Goods Sold | 693.4M | 690.7M | 445.9M | 317.1M | 236.9M |
| Gross Profit | 436.4M | 406.3M | 242.4M | 121.4M | 111.6M |
| Operating Expenses | 130.5M | 127.1M | 67.7M | 46.0M | 39.7M |
| Operating Income | 305.9M | 279.2M | 174.7M | 75.4M | 71.9M |
| Pre-tax Income | 299.3M | 262.4M | 176.6M | 75.1M | 70.2M |
| Income Tax | 66.5M | 47.5M | 31.4M | 7.7M | 11.0M |
| Net Income | 232.8M | 214.8M | 145.1M | 67.5M | 59.2M |
| EPS (Diluted) | $2.77 | $2.57 | $1.80 | $0.83 | $0.72 |
Income Statement Trend
Cactus Balance Sheet From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | 774.7M | 556.2M | 654.6M | 518.5M | 425.1M |
| Non-Current Assets | 964.6M | 966.4M | 464.3M | 463.6M | 390.5M |
| Total Assets | 1.7B | 1.5B | 1.1B | 982.1M | 815.6M |
| Liabilities | |||||
| Current Liabilities | 178.8M | 175.7M | 116.6M | 92.6M | 48.9M |
| Non-Current Liabilities | 296.3M | 282.1M | 291.8M | 294.5M | 215.9M |
| Total Liabilities | 475.1M | 457.8M | 408.5M | 387.0M | 264.8M |
| Equity | |||||
| Total Shareholders Equity | 1.3B | 1.1B | 710.4M | 595.0M | 550.8M |
Balance Sheet Composition
Cactus Cash Flow Statement From 2020 to 2024
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 232.8M | 214.8M | 145.1M | 67.5M | 59.2M |
| Operating Cash Flow | 286.2M | 342.1M | 117.1M | 47.5M | 145.4M |
| Investing Activities | |||||
| Capital Expenditures | - | - | - | - | - |
| Investing Cash Flow | 3.8M | -610.8M | 2.8M | 2.3M | 6.3M |
| Financing Activities | |||||
| Dividends Paid | -33.7M | -30.1M | -26.7M | -21.2M | -17.1M |
| Financing Cash Flow | -70.1M | 103.3M | -47.4M | -39.4M | -40.2M |
| Free Cash Flow | 276.9M | 296.3M | 89.6M | 49.8M | 118.9M |
Cash Flow Trend
Cactus Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
15.67
Forward P/E
13.51
Price to Book
2.73
Price to Sales
2.67
PEG Ratio
13.51
Profitability Ratios
Profit Margin
16.78%
Operating Margin
24.48%
Return on Equity
19.71%
Return on Assets
11.16%
Financial Health
Current Ratio
4.84
Debt to Equity
3.31
Beta
1.49
Per Share Data
EPS (TTM)
$2.82
Book Value per Share
$16.20
Revenue per Share
$16.93
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| whd | 3.0B | 15.67 | 2.73 | 19.71% | 16.78% | 3.31 |
| Schlumberger Limited | 45.3B | 11.36 | 2.34 | 20.20% | 11.62% | 68.14 |
| Baker Hughes Company | 39.9B | 13.74 | 2.34 | 18.04% | 10.51% | 35.01 |
| Landbridge Co. LLC | 4.9B | 33.37 | 3.40 | 2.58% | 0.59% | 60.54 |
| ChampionX | 5.1B | 17.78 | 2.68 | 16.83% | 8.20% | 34.38 |
| Nov | 5.0B | 8.87 | 0.78 | 9.18% | 6.68% | 36.54 |
Financial data is updated regularly. All figures are in the company's reporting currency.