Cactus (WHD) Return on Assets [ROA] (2018 - 2026)
Cactus (WHD) recorded Return on Assets [ROA] of 7.94% in Q2 2026, down 4.48 percentage points from 12.41% a year earlier and down 0.74 percentage points from the prior quarter.
Cactus (WHD) Return on Assets [ROA] (2018 - 2026) Analysis & Trends
For FY2025, Cactus reported Return on Assets [ROA] of 11.17%, down 3.10 percentage points from FY2024.
- Annual Return on Assets [ROA] has a five-year change of +3.99 percentage points (FY2020 to FY2025).
- Across earlier years, Return on Assets [ROA] came in at 14.27% in FY2024 (-2.00 pp), 16.27% in FY2023 (+2.45 pp), 13.81% in FY2022 (+6.31 pp) and 7.51% in FY2021 (+0.33 pp).
- The Q2 2026 figure is the lowest quarterly Return on Assets [ROA] since Q1 2022.
- On a year-over-year basis, Return on Assets [ROA] has declined for seven consecutive quarters, with an average year-over-year change of -2.20 percentage points over the last eight quarters.
- Peak year-over-year performance for Return on Assets [ROA] in the last five years was a gain of 6.17 percentage points in Q4 2022, against a drop of 4.84 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 8.67% (Q1 2026), 10.79% (Q4 2025) and 11.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROA (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn | 5.72% |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn | 6.04% |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn | 11.51% |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn | 6.32% |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn | 0.89% |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn | 2.03% |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn | -10.93% |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn | 7.40% |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn | 17.26% |
| 10 | Cactus | 4.33 Bn | 3.35 Bn | 149.72 Mn | 7.94% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.94% |
| Mar 31, 2026 | 8.67% |
| Dec 31, 2025 | 10.79% |
| Sep 30, 2025 | 11.43% |
| Jun 30, 2025 | 12.41% |
| Mar 31, 2025 | 13.51% |
| Dec 31, 2024 | 13.61% |
| Sep 30, 2024 | 14.35% |
| Jun 30, 2024 | 15.17% |
| Mar 31, 2024 | 13.71% |
| Dec 31, 2023 | 14.39% |
| Sep 30, 2023 | 13.16% |
| Jun 30, 2023 | 11.15% |
| Mar 31, 2023 | 12.91% |
| Dec 31, 2022 | 13.11% |
| Sep 30, 2022 | 11.52% |
| Jun 30, 2022 | 9.58% |
| Mar 31, 2022 | 7.91% |
| Dec 31, 2021 | 6.93% |
| Sep 30, 2021 | 5.58% |
Cactus Return on Assets [ROA] 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=return-on-assets-%5Broa%5D&ticker=WHD&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-assets-[roa]", "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=return-on-assets-%5Broa%5D&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();