Cactus (WHD) FCF Margin (2017 - 2026)
Cactus' (WHD) quarterly FCF Margin came in at 19.58% in Q2 2026, down 633.0% on a YoY basis from 3.67% in Q2 2025, and down 35.86% quarter-over-quarter from 30.53% in Q1 2026.
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Cactus (WHD) FCF Margin (2017 - 2026) Analysis & Trends
Cactus (WHD) has reported FCF Margin for 10 consecutive years, with 19.58% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin fell 633.0% year-over-year to 19.58%; the trailing twelve-month figure through Jun 2026 stood at 23.77% (up 301.0% YoY), and the FY2025 full-year result was 20.35%, down 416.0% from the prior year.
- FCF Margin retreated to 19.58% in Q2 2026 per WHD's latest filing, from 30.53% in the prior quarter.
- Across five years, FCF Margin topped out at 32.79% in Q2 2023 and bottomed at 6.55% in Q1 2022.
- Historically, FCF Margin has averaged 21.5% across 5 years, with a median of 21.8% in 2024.
- The sharpest annual moves came in 2025 and 2026: FCF Margin sank 1741 bps in 2025, then soared 1935 bps in 2026.
- Over 5 years, FCF Margin stood at 17.14% in 2022, then jumped by 72 bps to 29.51% in 2023, then slumped by 32 bps to 20.01% in 2024, then grew by 26 bps to 25.2% in 2025, then slipped by 22 bps to 19.58% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 19.58%, 30.53%, and 25.2% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.94 Bn | 28.70 Bn | 1.40 Bn | 17.66% |
| 2 | Nov | 7.66 Bn | 6.49 Bn | 521.00 Mn | -3.00% |
| 3 | Cactus | 4.76 Bn | 4.40 Bn | 215.38 Mn | 19.58% |
| 4 | Enerflex | 2.74 Bn | 2.67 Bn | 139.00 Mn | 15.29% |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 14.57% |
| 6 | Forum Energy Technologies | 912.23 Mn | 878.52 Mn | 71.35 Mn | 4.45% |
| 7 | Flowco Holdings | 871.30 Mn | 871.30 Mn | 49.17 Mn | 21.10% |
| 8 | Oil States International | 502.04 Mn | 482.24 Mn | 38.71 Mn | -5.85% |
| 9 | OMS Energy Technologies | 186.07 Mn | 32.11 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | -6.28% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.58% |
| Mar 31, 2026 | 30.53% |
| Dec 31, 2025 | 25.20% |
| Sep 30, 2025 | 19.54% |
| Jun 30, 2025 | 25.92% |
| Mar 31, 2025 | 11.17% |
| Dec 31, 2024 | 20.01% |
| Sep 30, 2024 | 25.80% |
| Jun 30, 2024 | 23.58% |
| Mar 31, 2024 | 28.59% |
| Dec 31, 2023 | 29.51% |
| Sep 30, 2023 | 24.45% |
| Jun 30, 2023 | 32.79% |
| Mar 31, 2023 | 19.50% |
| Dec 31, 2022 | 17.14% |
| Sep 30, 2022 | 12.43% |
| Jun 30, 2022 | 14.64% |
| Mar 31, 2022 | 6.55% |
| Dec 31, 2021 | 6.25% |
| Sep 30, 2021 | 3.41% |