Cactus (WHD) Return on Capital Employed [ROCE] (2018 - 2026)
Cactus (WHD) posted Return on Capital Employed [ROCE] of 12.55% for Q2 2026, down 4.56 percentage points from 17.11% a year earlier and down 0.95 percentage points from the prior quarter.
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Analysis
Cactus (WHD) Return on Capital Employed [ROCE] (2018 - 2026) Analysis & Trends
For FY2025, Cactus' Return on Capital Employed [ROCE] came in at 15.26%, down 4.68 percentage points from FY2024.
- Annual Return on Capital Employed [ROCE] shows a five-year change of +6.24 percentage points (FY2020 to FY2025).
- In prior years, Cactus' Return on Capital Employed [ROCE] was 19.94% in FY2024 (-3.14 pp), 23.09% in FY2023 (+4.37 pp), 18.71% in FY2022 (+9.36 pp) and 9.36% in FY2021 (+0.33 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Capital Employed [ROCE] since Q1 2022.
- On a year-over-year basis, Return on Capital Employed [ROCE] has declined in each of the last seven quarters, with an average year-over-year change of -2.98 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Return on Capital Employed [ROCE] in the past five years was Q3 2022, with a gain of 9.31 percentage points; the weakest was Q3 2021, with a drop of 6.00 percentage points.
- According to Business Quant data, Return on Capital Employed [ROCE] for the three prior quarters was 13.50% (Q1 2026), 14.70% (Q4 2025) and 15.65% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 72.34 Bn | 69.45 Bn | 1.40 Bn | 11.42% |
| 2 | Baker Hughes | 55.59 Bn | 18.87 Bn | 1.58 Bn | 9.65% |
| 3 | TechnipFMC | 27.02 Bn | 23.17 Bn | 684.70 Mn | -133.92% |
| 4 | Halliburton | 26.54 Bn | 18.29 Bn | 804.00 Mn | 13.06% |
| 5 | Nov | 6.72 Bn | 1.51 Bn | 521.00 Mn | 5.00% |
| 6 | Noble | 6.50 Bn | 4.43 Bn | 239.27 Mn | 5.17% |
| 7 | Transocean | 5.76 Bn | 3.47 Bn | 358.00 Mn | -7.15% |
| 8 | Weatherford International | 5.72 Bn | 1.66 Bn | 333.00 Mn | 16.47% |
| 9 | Kodiak Gas Services | 5.48 Bn | 5.25 Bn | 246.76 Mn | 8.25% |
| 10 | Cactus | 4.42 Bn | 3.43 Bn | 149.72 Mn | 12.55% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.55% |
| 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% |
API Access
Cactus Return on Capital Employed [ROCE] 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-capital-employed-%5Broce%5D&ticker=WHD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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-capital-employed-%5Broce%5D&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();