Cactus (WHD) Asset Utilization Ratio (2018 - 2026)
Cactus' (WHD) Asset Utilization Ratio came in at 0.54 for Q2 2026, down 13.2% from 0.62 a year earlier and down 1.4% from the prior quarter.
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Analysis
Cactus (WHD) Asset Utilization Ratio (2018 - 2026) Analysis & Trends
For FY2025, Cactus' Asset Utilization Ratio stood at 0.60, down 13.7% from FY2024.
- In prior years, Cactus' Asset Utilization Ratio was 0.69 in FY2024 (-16.6%), 0.83 in FY2023 (+26.7%), 0.66 in FY2022 (+34.3%) and 0.49 in FY2021 (+15.5%).
- The Q2 2026 figure stands as the lowest quarterly Asset Utilization Ratio since Q2 2022.
- On a year-over-year basis, Asset Utilization Ratio has declined in each of the last eight quarters, with an average decline of 11.1% over the last eight quarters.
- The strongest year-over-year quarter for Asset Utilization Ratio in the past five years was Q2 2022, with growth of 52.0%; the weakest was Q3 2021, with a decline of 23.4%.
- According to Business Quant data, Asset Utilization Ratio for the three prior quarters was 0.55 (Q1 2026), 0.58 (Q4 2025) and 0.59 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 0.66 |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 0.54 |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 1.02 |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 0.88 |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 0.77 |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | 0.42 |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 0.27 |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 0.94 |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 0.40 |
| 10 | Cactus | 4.44 Bn | 3.45 Bn | 149.72 Mn | 0.54 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54 |
| Mar 31, 2026 | 0.55 |
| Dec 31, 2025 | 0.58 |
| Sep 30, 2025 | 0.59 |
| Jun 30, 2025 | 0.62 |
| Mar 31, 2025 | 0.65 |
| Dec 31, 2024 | 0.66 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.70 |
| Mar 31, 2024 | 0.74 |
| Dec 31, 2023 | 0.73 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.60 |
| Mar 31, 2023 | 0.58 |
| Dec 31, 2022 | 0.62 |
| Sep 30, 2022 | 0.58 |
| Jun 30, 2022 | 0.54 |
| Mar 31, 2022 | 0.50 |
| Dec 31, 2021 | 0.45 |
| Sep 30, 2021 | 0.39 |
API Access
Cactus Asset Utilization Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WHD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "asset-utilization-ratio", "ticker": "WHD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=asset-utilization-ratio&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();