Cactus (WHD) Dividend Coverage Ratio (2018 - 2026)
Cactus' Dividend Coverage Ratio came in at 5.02 for Q2 2026, up 11.3% from 4.51 a year earlier.
Cactus (WHD) Dividend Coverage Ratio (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Cactus reported Dividend Coverage Ratio of 2.08, down 58.9% year-over-year; for FY2025, it was 4.43, down 19.5% from FY2024.
- Going back by year, Dividend Coverage Ratio was 5.50 in FY2024 (-2.0%), 5.62 in FY2023 (+36.2%), 4.12 in FY2022 (+75.9%) and 2.34 in FY2021 (+16.6%).
- The Q2 2026 figure represents the highest quarterly Dividend Coverage Ratio since Q4 2024.
- Year-over-year, Dividend Coverage Ratio increased in two of the last seven quarters, with an average decline of 13.3%.
- The fastest year-over-year change in Dividend Coverage Ratio over five years came in Q3 2021 (growth of 143.1%), and the weakest in Q2 2025 (a decline of 27.6%).
- Business Quant data shows WHD's Dividend Coverage Ratio at -4.76 (Q1 2026), 4.13 (Q4 2025) and 4.32 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Div. Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | - |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 2.99 |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | - |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 3.73 |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 1.75 |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | - |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 1.95 |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | - |
| 10 | Cactus | 4.44 Bn | 3.45 Bn | 149.72 Mn | 5.02 |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.02 |
| Mar 31, 2026 | -4.76 |
| Dec 31, 2025 | 4.13 |
| Sep 30, 2025 | 4.32 |
| Jun 30, 2025 | 4.51 |
| Mar 31, 2025 | 4.80 |
| Dec 31, 2024 | 5.27 |
| Sep 30, 2024 | 5.75 |
| Jun 30, 2024 | 6.24 |
| Mar 31, 2024 | 4.78 |
| Dec 31, 2023 | 6.23 |
| Sep 30, 2023 | 6.74 |
| Jun 30, 2023 | 3.48 |
| Mar 31, 2023 | 5.83 |
| Dec 31, 2022 | 4.62 |
| Sep 30, 2022 | 4.70 |
| Jun 30, 2022 | 4.07 |
| Mar 31, 2022 | 3.09 |
| Dec 31, 2021 | 2.54 |
| Sep 30, 2021 | 2.17 |
Cactus Dividend Coverage 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=dividend-coverage-ratio&ticker=WHD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "dividend-coverage-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=dividend-coverage-ratio&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();