Cactus (WHD) EBT Margin (2017 - 2026)
Cactus' (WHD) quarterly EBT Margin came in at 18.8% in Q2 2026, down 434.0% on a YoY basis from 5.63% in Q2 2025, and up 46.86% quarter-over-quarter from 12.8% in Q1 2026.
Analysis
Cactus (WHD) EBT Margin (2017 - 2026) Analysis & Trends
Cactus (WHD) has reported EBT Margin for 10 consecutive years, with 18.8% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBT Margin fell 434.0% year-over-year to 18.8%; the trailing twelve-month figure through Jun 2026 stood at 19.12% (down 670.0% YoY), and the FY2025 full-year result was 24.16%, down 233.0% from the prior year.
- EBT Margin grew to 18.8% in Q2 2026 per WHD's latest filing, from 12.8% in the prior quarter.
- Across five years, EBT Margin topped out at 30.05% in Q3 2023 and bottomed at 12.8% in Q1 2026.
- Historically, EBT Margin has averaged 24.0% across 5 years, with a median of 24.86% in 2025.
- The sharpest annual moves came in 2024 and 2026: EBT Margin surged 1404 bps in 2024, then slumped 1250 bps in 2026.
- Over 5 years, EBT Margin stood at 25.92% in 2022, then rose by 11 bps to 28.76% in 2023, then retreated by 3 bps to 27.91% in 2024, then fell by 15 bps to 23.73% in 2025, then declined by 21 bps to 18.8% in 2026.
- According to Business Quant data, EBT Margin over the past three periods registered 18.8%, 12.8%, and 23.73% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.92 Bn | 28.68 Bn | 1.40 Bn | 17.36% |
| 2 | Nov | 7.63 Bn | 6.46 Bn | 521.00 Mn | 7.36% |
| 3 | Cactus | 4.74 Bn | 4.38 Bn | 215.38 Mn | 18.80% |
| 4 | Enerflex | 2.75 Bn | 2.68 Bn | 139.00 Mn | 7.73% |
| 5 | Innovex International | 2.04 Bn | 1.81 Bn | 83.65 Mn | 14.46% |
| 6 | Forum Energy Technologies | 916.69 Mn | 882.98 Mn | 71.35 Mn | 7.08% |
| 7 | Flowco Holdings | 886.30 Mn | 886.30 Mn | 49.17 Mn | 15.09% |
| 8 | Oil States International | 501.75 Mn | 481.95 Mn | 38.71 Mn | 5.06% |
| 9 | OMS Energy Technologies | 203.29 Mn | 49.33 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -11.48% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.80% |
| Mar 31, 2026 | 12.80% |
| Dec 31, 2025 | 23.73% |
| Sep 30, 2025 | 24.41% |
| Jun 30, 2025 | 23.15% |
| Mar 31, 2025 | 25.31% |
| Dec 31, 2024 | 27.91% |
| Sep 30, 2024 | 26.90% |
| Jun 30, 2024 | 27.97% |
| Mar 31, 2024 | 23.07% |
| Dec 31, 2023 | 28.76% |
| Sep 30, 2023 | 30.05% |
| Jun 30, 2023 | 13.93% |
| Mar 31, 2023 | 23.74% |
| Dec 31, 2022 | 25.92% |
| Sep 30, 2022 | 29.03% |
| Jun 30, 2022 | 26.17% |
| Mar 31, 2022 | 20.41% |
| Dec 31, 2021 | 21.15% |
| Sep 30, 2021 | 17.74% |