Cactus (WHD) FCF Margin (2017 - 2026)

Cactus (WHD) reported FCF Margin of 30.53% for Q1 2026, up 1603.0% on a YoY basis from 1.79% in Q1 2025, and up 21.15% quarter-over-quarter from 25.2% in Q4 2025.

Cactus (WHD) FCF Margin (2017 - 2026) Analysis & Trends

Cactus has reported FCF Margin for 10 years, with the latest figure at 30.53% in Q1 2026.

  • For the quarter ending Q1 2026, FCF Margin rose 1603.0% year-over-year to 30.53%; the trailing twelve-month figure through Mar 2026 stood at 25.06% (up 447.0% YoY), and the FY2025 full-year result was 20.35%, down 416.0% from the prior year.
  • FCF Margin for Q1 2026 stood at 30.53%, up from 25.2% in the prior quarter.
  • The five-year high for FCF Margin was 39.98% in Q2 2023, with the low at 5.92% in Q3 2022.
  • Historically, FCF Margin has averaged 21.53% across 5 years, with a median of 21.7% in 2022.
  • Annual changes were most pronounced in 2023 — FCF Margin surged 2188 bps — and 2025, when it plunged 2267 bps.
  • Cactus' FCF Margin stood at 17.14% in 2022, then advanced by 5 bps to 17.99% in 2023, then sank by 42 bps to 10.53% in 2024, then soared by 139 bps to 25.2% in 2025, then increased by 21 bps to 30.53% in 2026.
  • The last three FCF Margin figures came in at 30.53% (Q1 2026), 25.2% (Q4 2025), and 11.93% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 1.65%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 2.49%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 1.50%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 11.11%
5 Enerflex 8.62 Bn 8.57 Bn - -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn -4.43%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 7.12%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 19.36%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 16.10%
10 Cactus 3.91 Bn 3.86 Bn 180.86 Mn 30.53%

Historic Data

Download Data
DateValue
Mar 31, 2026 30.53%
Dec 31, 2025 25.20%
Sep 30, 2025 11.93%
Jun 30, 2025 29.85%
Mar 31, 2025 14.49%
Dec 31, 2024 10.53%
Sep 30, 2024 34.60%
Jun 30, 2024 21.77%
Mar 31, 2024 30.51%
Dec 31, 2023 17.99%
Sep 30, 2023 27.80%
Jun 30, 2023 39.98%
Mar 31, 2023 19.50%
Dec 31, 2022 17.14%
Sep 30, 2022 5.92%
Jun 30, 2022 21.70%
Mar 31, 2022 6.55%
Dec 31, 2021 6.25%
Sep 30, 2021 3.41%
Jun 30, 2021 22.45%