Cactus (WHD) Tax Rate (2017 - 2026)
Cactus' (WHD) quarterly Tax Rate came in at 27.39% in Q2 2026, up 484.0% on a YoY basis from 4.69% in Q2 2025, and up 43.3% quarter-over-quarter from 19.11% in Q1 2026.
Analysis
Cactus (WHD) Tax Rate (2017 - 2026) Analysis & Trends
Cactus (WHD) has reported Tax Rate for 10 consecutive years, with 27.39% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate rose 484.0% year-over-year to 27.39%; the trailing twelve-month figure through Jun 2026 stood at 23.24% (up 39.0% YoY), and the FY2025 full-year result was 22.64%, up 42.0% from the prior year.
- Tax Rate climbed to 27.39% in Q2 2026 per WHD's latest filing, from 19.11% in the prior quarter.
- Across five years, Tax Rate topped out at 27.39% in Q2 2026 and bottomed at 3.58% in Q1 2023.
- Historically, Tax Rate has averaged 20.19% across 5 years, with a median of 21.77% in 2023.
- The widest YoY moves for Tax Rate: up 4568 bps in 2022, down 951 bps in 2022.
- Over 5 years, Tax Rate stood at 16.3% in 2022, then surged by 32 bps to 21.48% in 2023, then gained by 13 bps to 24.37% in 2024, then slipped by 9 bps to 22.06% in 2025, then climbed by 24 bps to 27.39% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 27.39%, 19.11%, and 22.06% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | TechnipFMC | 29.94 Bn | 28.70 Bn | 1.40 Bn | 23.78% |
| 2 | Nov | 7.66 Bn | 6.49 Bn | 521.00 Mn | 26.11% |
| 3 | Cactus | 4.76 Bn | 4.40 Bn | 215.38 Mn | 27.39% |
| 4 | Enerflex | 2.74 Bn | 2.67 Bn | 139.00 Mn | 33.33% |
| 5 | Innovex International | 2.04 Bn | 1.82 Bn | 83.65 Mn | 29.30% |
| 6 | Forum Energy Technologies | 912.23 Mn | 878.52 Mn | 71.35 Mn | 22.50% |
| 7 | Flowco Holdings | 871.30 Mn | 871.30 Mn | 49.17 Mn | 13.06% |
| 8 | Oil States International | 502.04 Mn | 482.24 Mn | 38.71 Mn | 25.41% |
| 9 | OMS Energy Technologies | 186.07 Mn | 32.11 Mn | - | - |
| 10 | NCS Multistage Holdings | 140.02 Mn | 129.24 Mn | 13.95 Mn | 31.04% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 27.39% |
| Mar 31, 2026 | 19.11% |
| Dec 31, 2025 | 22.06% |
| Sep 30, 2025 | 22.11% |
| Jun 30, 2025 | 22.54% |
| Mar 31, 2025 | 23.73% |
| Dec 31, 2024 | 24.37% |
| Sep 30, 2024 | 20.82% |
| Jun 30, 2024 | 22.36% |
| Mar 31, 2024 | 21.23% |
| Dec 31, 2023 | 21.48% |
| Sep 30, 2023 | 21.36% |
| Jun 30, 2023 | 23.79% |
| Mar 31, 2023 | 3.58% |
| Dec 31, 2022 | 16.30% |
| Sep 30, 2022 | 22.48% |
| Jun 30, 2022 | 19.68% |
| Mar 31, 2022 | 9.04% |
| Dec 31, 2021 | 25.80% |
| Sep 30, 2021 | 16.07% |