Cactus (WHD) Equity Ratio (2017 - 2026)
Cactus (WHD) reported Equity Ratio of 0.48 for Q1 2026, down 34.37% on a YoY basis from 0.74 in Q1 2025, and down 26.09% quarter-over-quarter from 0.66 in Q4 2025.
Cactus (WHD) Equity Ratio (2017 - 2026) Analysis & Trends
Cactus has reported Equity Ratio for 10 years, with the latest figure at 0.48 in Q1 2026.
- For the quarter ending Q1 2026, Equity Ratio fell 34.37% year-over-year to 0.48; the trailing twelve-month figure through Mar 2026 stood at 0.48 (down 34.37% YoY), and the FY2025 full-year result was 0.66, down 9.85% from the prior year.
- Equity Ratio for Q1 2026 stood at 0.48, down from 0.66 in the prior quarter.
- The five-year high for Equity Ratio was 0.75 in Q3 2025, with the low at 0.48 in Q1 2026.
- Historically, Equity Ratio has averaged 0.67 across 5 years, with a median of 0.69 in 2023.
- Annual changes were most pronounced in 2024 — Equity Ratio rose 14.68% — and 2026, when it slumped 34.37%.
- Cactus' Equity Ratio stood at 0.63 in 2022, then rose by 10.14% to 0.7 in 2023, then grew by 3.93% to 0.73 in 2024, then slipped by 9.85% to 0.66 in 2025, then decreased by 26.09% to 0.48 in 2026.
- The last three Equity Ratio figures came in at 0.48 (Q1 2026), 0.66 (Q4 2025), and 0.75 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 0.48 |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 0.38 |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 0.43 |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 0.33 |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 0.41 |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.56 |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 0.35 |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 0.35 |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 0.26 |
| 10 | Cactus | 3.91 Bn | 3.86 Bn | 180.86 Mn | 0.48 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.48 |
| Dec 31, 2025 | 0.66 |
| Sep 30, 2025 | 0.75 |
| Jun 30, 2025 | 0.74 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.73 |
| Sep 30, 2024 | 0.72 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.70 |
| Dec 31, 2023 | 0.70 |
| Sep 30, 2023 | 0.69 |
| Jun 30, 2023 | 0.65 |
| Mar 31, 2023 | 0.61 |
| Dec 31, 2022 | 0.63 |
| Sep 30, 2022 | 0.62 |
| Jun 30, 2022 | 0.60 |
| Mar 31, 2022 | 0.60 |
| Dec 31, 2021 | 0.61 |
| Sep 30, 2021 | 0.60 |
| Jun 30, 2021 | 0.60 |