Cactus (WHD) FCF Margin (2017 - 2026)
Cactus' FCF Margin was 19.58% in Q2 2026, down 6.33 percentage points from 25.92% a year earlier and down 10.95 percentage points from the prior quarter.
Cactus (WHD) FCF Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Cactus' FCF Margin was 23.77% through Jun 30, 2026, up 3.01 percentage points year-over-year; for FY2025, it came in at 20.35%, down 4.16 percentage points from FY2024.
- FCF Margin shows a five-year change of -13.76 percentage points (FY2020 to FY2025).
- In earlier years, FCF Margin was 24.51% in FY2024 (-2.50 pp), 27.01% in FY2023 (+14.00 pp), 13.02% in FY2022 (+1.66 pp) and 11.36% in FY2021 (-22.75 pp).
- Quarterly FCF Margin has moved between 3.41% (Q3 2021) and 32.79% (Q2 2023) over five years.
- Compared with a year earlier, FCF Margin was higher in four of the last eight quarters, with an average year-over-year change of -1.41 percentage points.
- The best year-over-year quarter for FCF Margin over five years was Q1 2026 (a gain of 19.35 percentage points); the worst was Q3 2021 (a drop of 23.23 percentage points).
- Per Business Quant data, WHD's FCF Margin in the three quarters before Q2 2026 was 30.53% (Q1 2026), 25.20% (Q4 2025) and 19.54% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | -17.14% |
| 10 | Cactus | 4.33 Bn | 3.35 Bn | 149.72 Mn | 19.58% |
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% |
Cactus FCF Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=fcf-margin&ticker=WHD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "ticker": "WHD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=fcf-margin&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();