Cactus (WHD) Operating Margin (2017 - 2026)

Cactus (WHD) has reported Operating Margin for 10 consecutive years, with 18.59% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin fell 363.0% year-over-year to 18.59%; the trailing twelve-month figure through Jun 2026 stood at 18.65% (down 607.0% YoY), and the FY2025 full-year result was 23.21%, down 242.0% from the prior year.
• Operating Margin advanced to 18.59% in Q2 2026 per WHD's latest filing, from 12.75% in the prior quarter.
• Across five years, Operating Margin topped out at 30.43% in Q3 2023 and bottomed at 12.75% in Q1 2026.
• Historically, Operating Margin has averaged 23.55% across 5 years, with a median of 23.84% in 2025.
• The sharpest annual moves came in 2024 and 2026: Operating Margin soared 1162 bps in 2024, then sank 1173 bps in 2026.
• Over 5 years, Operating Margin stood at 25.68% in 2022, then rose by 11 bps to 28.58% in 2023, then decreased by 9 bps to 25.89% in 2024, then slipped by 11 bps to 22.91% in 2025, then declined by 19 bps to 18.59% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 18.59%, 12.75%, and 22.91% for Q2 2026, Q1 2026, and Q4 2025 respectively.