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| Date | Value |
|---|---|
| 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% |