Cactus (WHD) Net Margin (2017 - 2026)
Cactus (WHD) posted quarterly Net Margin of 10.9% for Q2 2026, down 384.0% year-over-year from 3.84% in Q2 2025, and up 187.09% on a QoQ basis from 12.51% in Q1 2026.
Cactus (WHD) Net Margin (2017 - 2026) Analysis & Trends
Cactus has reported Net Margin for 10 years, with the latest figure at 10.9% in Q2 2026.
- Net Margin for Q2 2026 came in at 10.9%, down 384.0% year-over-year; the trailing twelve-month figure through Jun 2026 was 7.25% (down 1101.0% YoY), and the FY2025 annual result was 18.69%, down 191.0% from the prior year.
- Net Margin climbed to 10.9% in Q2 2026, from 12.51% in the prior quarter.
- Over five years, Net Margin peaked at 23.63% in Q3 2023 and troughed at 12.51% in Q1 2026.
- A 5-year average of 17.34% and a median of 20.02% in 2022 frame the typical range for Net Margin.
- The widest annual swing landed in 2024, when Net Margin soared 1110 bps; it then plunged 2829 bps in 2026.
- A 5-year view of Net Margin shows it stood at 21.7% in 2022, then increased by 4 bps to 22.58% in 2023, then slipped by 7 bps to 21.11% in 2024, then dropped by 12 bps to 18.49% in 2025, then tumbled by 41 bps to 10.9% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 10.9% in Q2 2026, 12.51% in Q1 2026, and 18.49% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.34 Bn | 75.27 Bn | 4.63 Bn | 9.08% |
| 2 | Baker Hughes | 61.90 Bn | 46.17 Bn | 1.58 Bn | 10.12% |
| 3 | Tenaris | 52.76 Bn | 43.73 Bn | 984.66 | 16.08% |
| 4 | TechnipFMC | 30.65 Bn | 29.40 Bn | 1.40 Bn | 13.24% |
| 5 | Halliburton | 29.42 Bn | 27.37 Bn | 2.10 Bn | 9.42% |
| 6 | Nov | 7.24 Bn | 6.08 Bn | 521.00 Mn | 5.44% |
| 7 | Weatherford International | 6.51 Bn | 5.37 Bn | 662.00 Mn | 3.80% |
| 8 | Kodiak Gas Services | 5.59 Bn | 5.45 Bn | 246.76 Mn | 13.33% |
| 9 | Archrock | 5.49 Bn | 5.49 Bn | 244.51 Mn | 18.09% |
| 10 | Cactus | 4.77 Bn | 4.41 Bn | 215.38 Mn | 10.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 10.90% |
| Mar 31, 2026 | -12.51% |
| Dec 31, 2025 | 18.49% |
| Sep 30, 2025 | 19.01% |
| Jun 30, 2025 | 17.93% |
| Mar 31, 2025 | 15.78% |
| Dec 31, 2024 | 21.11% |
| Sep 30, 2024 | 21.30% |
| Jun 30, 2024 | 21.72% |
| Mar 31, 2024 | 18.17% |
| Dec 31, 2023 | 22.58% |
| Sep 30, 2023 | 23.63% |
| Jun 30, 2023 | 10.61% |
| Mar 31, 2023 | 22.89% |
| Dec 31, 2022 | 21.70% |
| Sep 30, 2022 | 22.51% |
| Jun 30, 2022 | 21.02% |
| Mar 31, 2022 | 18.56% |
| Dec 31, 2021 | 15.69% |
| Sep 30, 2021 | 14.89% |