Cactus (WHD) Operating Leases (2019 - 2026)
Cactus (WHD) posted Operating Leases of $28.76 million for Q2 2026, up 60.3% from $17.94 million a year earlier but down 3.9% from the prior quarter.
Cactus (WHD) Operating Leases (2019 - 2026) Analysis & Trends
At the end of FY2025, Cactus' Operating Leases came in at $15.79 million, down 21.4% from FY2024.
- Annual Operating Leases shows a five-year compound annual growth rate of -2.4% (FY2020 to FY2025).
- In prior years, Cactus' Operating Leases was $20.08 million in FY2024 (+5.0%), $19.12 million in FY2023 (+4.1%), $18.38 million in FY2022 (+4.1%) and $17.65 million in FY2021 (-1.0%).
- Quarterly Operating Leases has run from a low of $15.75 million in Q3 2023 to a high of $29.93 million in Q1 2026 over five years.
- On a year-over-year basis, Operating Leases increased in four of the last eight quarters, with growth averaging 12.5%.
- The strongest year-over-year quarter for Operating Leases in the past five years was Q2 2026, with growth of 60.3%; the weakest was Q4 2025, with a decline of 21.4%.
- According to Business Quant data, Operating Leases for the three prior quarters was $29.93 million (Q1 2026), $15.79 million (Q4 2025) and $16.88 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Cactus | 4.33 Bn | 3.35 Bn | 149.72 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 28.76 Mn |
| Mar 31, 2026 | 29.93 Mn |
| Dec 31, 2025 | 15.79 Mn |
| Sep 30, 2025 | 16.88 Mn |
| Jun 30, 2025 | 17.94 Mn |
| Mar 31, 2025 | 19.03 Mn |
| Dec 31, 2024 | 20.08 Mn |
| Sep 30, 2024 | 19.41 Mn |
| Jun 30, 2024 | 18.95 Mn |
| Mar 31, 2024 | 20.28 Mn |
| Dec 31, 2023 | 19.12 Mn |
| Sep 30, 2023 | 15.75 Mn |
| Jun 30, 2023 | 16.36 Mn |
| Mar 31, 2023 | 17.43 Mn |
| Dec 31, 2022 | 18.38 Mn |
| Sep 30, 2022 | 17.58 Mn |
| Jun 30, 2022 | 15.86 Mn |
| Mar 31, 2022 | 16.57 Mn |
| Dec 31, 2021 | 17.65 Mn |
| Sep 30, 2021 | 17.97 Mn |
Cactus Operating Leases 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=operating-leases&ticker=WHD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "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=operating-leases&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();