Cactus (WHD) EBITDA Margin (2017 - 2026)
Cactus (WHD) reported EBITDA Margin of 12.75% for Q1 2026, down 1173.0% on a YoY basis from 1.19% in Q1 2025, and down 44.37% quarter-over-quarter from 22.91% in Q4 2025.
Cactus (WHD) EBITDA Margin (2017 - 2026) Analysis & Trends
Cactus has reported EBITDA Margin for 10 years, with the latest figure at 12.75% in Q1 2026.
- For the quarter ending Q1 2026, EBITDA Margin fell 1173.0% year-over-year to 12.75%; the trailing twelve-month figure through Mar 2026 stood at 19.49% (down 653.0% YoY), and the FY2025 full-year result was 23.21%, down 242.0% from the prior year.
- EBITDA Margin for Q1 2026 stood at 12.75%, down from 22.91% in the prior quarter.
- The five-year high for EBITDA Margin was 30.43% in Q3 2023, with the low at 12.75% in Q1 2026.
- Historically, EBITDA Margin has averaged 23.84% across 5 years, with a median of 24.48% in 2025.
- Annual changes were most pronounced in 2024 — EBITDA Margin surged 1162 bps — and 2026, when it plunged 1173 bps.
- Cactus' EBITDA Margin stood at 25.68% in 2022, then grew by 11 bps to 28.58% in 2023, then fell by 9 bps to 25.89% in 2024, then retreated by 11 bps to 22.91% in 2025, then sank by 44 bps to 12.75% in 2026.
- The last three EBITDA Margin figures came in at 12.75% (Q1 2026), 22.91% (Q4 2025), and 23.2% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 50.58% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 11.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.57% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 14.51% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.99% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 2.29% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 10.68% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 53.94% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 49.49% |
| 10 | Cactus | 3.91 Bn | 3.86 Bn | 180.86 Mn | 12.75% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 12.75% |
| Dec 31, 2025 | 22.91% |
| Sep 30, 2025 | 23.20% |
| Jun 30, 2025 | 22.23% |
| Mar 31, 2025 | 24.48% |
| Dec 31, 2024 | 25.89% |
| Sep 30, 2024 | 26.19% |
| Jun 30, 2024 | 27.49% |
| Mar 31, 2024 | 22.82% |
| Dec 31, 2023 | 28.58% |
| Sep 30, 2023 | 30.43% |
| Jun 30, 2023 | 15.87% |
| Mar 31, 2023 | 21.75% |
| Dec 31, 2022 | 25.68% |
| Sep 30, 2022 | 27.81% |
| Jun 30, 2022 | 25.99% |
| Mar 31, 2022 | 21.24% |
| Dec 31, 2021 | 19.79% |
| Sep 30, 2021 | 18.00% |
| Jun 30, 2021 | 15.90% |