Cactus (WHD) Return on Capital Employed (2018 - 2026)

Cactus (WHD) reported Return on Capital Employed of 13.5% for Q1 2026, down 513.0% on a YoY basis from 3.27% in Q1 2025, and down 8.16% quarter-over-quarter from 14.7% in Q4 2025.

Cactus (WHD) Return on Capital Employed (2018 - 2026) Analysis & Trends

Cactus has reported Return on Capital Employed for 9 years, with the latest figure at 13.5% in Q1 2026.

  • For the quarter ending Q1 2026, Return on Capital Employed fell 513.0% year-over-year to 13.5%; the trailing twelve-month figure through Mar 2026 stood at 13.5% (down 513.0% YoY), and the FY2025 full-year result was 15.26%, down 468.0% from the prior year.
  • Return on Capital Employed for Q1 2026 stood at 13.5%, down from 14.7% in the prior quarter.
  • The five-year high for Return on Capital Employed was 21.69% in Q2 2024, with the low at 10.51% in Q1 2022.
  • Historically, Return on Capital Employed has averaged 16.96% across 5 years, with a median of 17.11% in 2025.
  • Annual changes were most pronounced in 2022 — Return on Capital Employed jumped 931 bps — and 2026, when it plunged 513 bps.
  • Cactus' Return on Capital Employed stood at 17.64% in 2022, then rose by 14 bps to 20.06% in 2023, then dropped by 6 bps to 18.91% in 2024, then decreased by 22 bps to 14.7% in 2025, then declined by 8 bps to 13.5% in 2026.
  • The last three Return on Capital Employed figures came in at 13.5% (Q1 2026), 14.7% (Q4 2025), and 15.65% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) ROCE (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 36.80%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 35.87%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 12.84%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 27.54%
5 Enerflex 8.62 Bn 8.57 Bn - 2.02%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 4.37%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 19.80%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 20.30%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 8.84%
10 Cactus 3.91 Bn 3.86 Bn 180.86 Mn 13.50%

Historic Data

Download Data
DateValue
Mar 31, 2026 13.50%
Dec 31, 2025 14.70%
Sep 30, 2025 15.65%
Jun 30, 2025 17.11%
Mar 31, 2025 18.63%
Dec 31, 2024 18.91%
Sep 30, 2024 20.35%
Jun 30, 2024 21.69%
Mar 31, 2024 20.41%
Dec 31, 2023 20.06%
Sep 30, 2023 18.10%
Jun 30, 2023 15.01%
Mar 31, 2023 17.07%
Dec 31, 2022 17.64%
Sep 30, 2022 16.02%
Jun 30, 2022 13.02%
Mar 31, 2022 10.51%
Dec 31, 2021 8.57%
Sep 30, 2021 6.71%
Jun 30, 2021 5.96%