Cactus (WHD) Tax Rate (2017 - 2026)
Cactus (WHD) reported Tax Rate of 27.39% for Q2 2026, up 4.84 percentage points from 22.54% a year earlier and up 8.28 percentage points from the prior quarter.
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Analysis
Cactus (WHD) Tax Rate (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Cactus' Tax Rate came in at 23.24%, up 0.39 percentage points year-over-year; for FY2025, it came in at 22.64%, up 0.42 percentage points from FY2024.
- Tax Rate has increased for four consecutive years, with a five-year change of +7.01 percentage points (FY2020 to FY2025).
- By year, Tax Rate came in at 22.23% in FY2024 (+4.11 pp), 18.12% in FY2023 (+0.32 pp), 17.80% in FY2022 (+7.59 pp) and 10.21% in FY2021 (-5.42 pp).
- The Q2 2026 figure ranks as the highest quarterly Tax Rate in data going back to Q1 2017.
- Year over year, Tax Rate gained in five of the last eight quarters, with an average year-over-year change of +0.53 percentage points.
- The high point for year-over-year Tax Rate in five years was Q1 2022 (a gain of 45.68 percentage points); the low point was Q4 2022 (a drop of 9.51 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 19.11% (Q1 2026), 22.06% (Q4 2025) and 22.11% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 41.69% |
| 10 | Cactus | 4.44 Bn | 3.45 Bn | 149.72 Mn | 27.39% |
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% |
API Access
Cactus Tax Rate 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=tax-rate&ticker=WHD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=WHD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();