Cactus (WHD) EV to EBITDA (2018 - 2026)
Cactus' (WHD) quarterly EV to EBITDA came in at 41.19 in Q2 2026, down 10.34% on a YoY basis from 45.94 in Q2 2025, and down 37.01% quarter-over-quarter from 65.39 in Q1 2026.
Analysis
Cactus (WHD) EV to EBITDA (2018 - 2026) Analysis & Trends
Cactus (WHD) has reported EV to EBITDA for 9 consecutive years, with 41.19 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EV to EBITDA fell 10.34% year-over-year to 41.19; the trailing twelve-month figure through Jun 2026 stood at 13.54 (up 34.15% YoY), and the FY2025 full-year result was 12.89, down 2.44% from the prior year.
- EV to EBITDA retreated to 41.19 in Q2 2026 per WHD's latest filing, from 65.39 in the prior quarter.
- Across five years, EV to EBITDA topped out at 133.27 in Q1 2022 and bottomed at 40.42 in Q3 2025.
- Historically, EV to EBITDA has averaged 59.03 across 5 years, with a median of 53.56 in 2022.
- The sharpest annual moves came in 2022 and 2026: EV to EBITDA plunged 58.76% in 2022, then soared 50.36% in 2026.
- Over 5 years, EV to EBITDA stood at 74.84 in 2022, then sank by 37.54% to 46.74 in 2023, then grew by 16.23% to 54.33 in 2024, then dropped by 0.66% to 53.97 in 2025, then decreased by 23.68% to 41.19 in 2026.
- According to Business Quant data, EV to EBITDA over the past three periods registered 41.19, 65.39, and 53.97 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | TechnipFMC | 31.37 Bn | 30.13 Bn | 1.40 Bn |
| 2 | Nov | 7.64 Bn | 6.53 Bn | 521.00 Mn |
| 3 | Cactus | 4.89 Bn | 4.76 Bn | 215.38 Mn |
| 4 | Enerflex | 2.71 Bn | 2.63 Bn | 139.00 Mn |
| 5 | Innovex International | 2.07 Bn | 1.85 Bn | 83.65 Mn |
| 6 | Flowco Holdings | 1.91 Bn | 2.90 Bn | 49.17 Mn |
| 7 | Forum Energy Technologies | 901.05 Mn | 867.34 Mn | 71.35 Mn |
| 8 | Oil States International | 528.60 Mn | 508.80 Mn | 38.71 Mn |
| 9 | OMS Energy Technologies | 202.90 Mn | 56.69 Mn | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.19 |
| Mar 31, 2026 | 65.39 |
| Dec 31, 2025 | 53.97 |
| Sep 30, 2025 | 40.42 |
| Jun 30, 2025 | 45.94 |
| Mar 31, 2025 | 43.49 |
| Dec 31, 2024 | 54.33 |
| Sep 30, 2024 | 50.57 |
| Jun 30, 2024 | 43.35 |
| Mar 31, 2024 | 63.91 |
| Dec 31, 2023 | 46.74 |
| Sep 30, 2023 | 46.96 |
| Jun 30, 2023 | 71.91 |
| Mar 31, 2023 | 68.20 |
| Dec 31, 2022 | 74.84 |
| Sep 30, 2022 | 53.16 |
| Jun 30, 2022 | 64.90 |
| Mar 31, 2022 | 133.27 |
| Dec 31, 2021 | 105.46 |
| Sep 30, 2021 | 128.89 |