Cactus (WHD) Tax Rate (2017 - 2026)

Cactus (WHD) reported Tax Rate of 19.11% for Q1 2026, down 462.0% on a YoY basis from 5.28% in Q1 2025, and down 13.38% quarter-over-quarter from 22.06% in Q4 2025.

Cactus (WHD) Tax Rate (2017 - 2026) Analysis & Trends

Cactus has reported Tax Rate for 10 years, with the latest figure at 19.11% in Q1 2026.

  • For the quarter ending Q1 2026, Tax Rate fell 462.0% year-over-year to 19.11%; the trailing twelve-month figure through Mar 2026 stood at 21.59% (down 119.0% YoY), and the FY2025 full-year result was 22.64%, up 42.0% from the prior year.
  • Tax Rate for Q1 2026 stood at 19.11%, down from 22.06% in the prior quarter.
  • The five-year high for Tax Rate was 24.37% in Q4 2024, with the low at 3.58% in Q1 2023.
  • Historically, Tax Rate has averaged 19.77% across 5 years, with a median of 21.48% in 2023.
  • The largest YoY upside for Tax Rate was 4568 bps in 2022 against a maximum downside of 951 bps in 2022.
  • Cactus' Tax Rate stood at 16.3% in 2022, then soared by 32 bps to 21.48% in 2023, then increased by 13 bps to 24.37% in 2024, then retreated by 9 bps to 22.06% in 2025, then declined by 13 bps to 19.11% in 2026.
  • The last three Tax Rate figures came in at 19.11% (Q1 2026), 22.06% (Q4 2025), and 22.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 20.40%
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 26.37%
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 18.45%
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 26.95%
5 Enerflex 8.62 Bn 8.57 Bn - -27.76%
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 42.86%
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn -3.81%
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 23.96%
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 13.39%
10 Cactus 3.91 Bn 3.86 Bn 180.86 Mn 19.11%

Historic Data

Download Data
DateValue
Mar 31, 2026 19.11%
Mar 31, 2026 19.11%
Dec 31, 2025 22.06%
Dec 31, 2025 22.06%
Sep 30, 2025 22.11%
Sep 30, 2025 22.11%
Jun 30, 2025 22.54%
Jun 30, 2025 22.54%
Mar 31, 2025 23.73%
Mar 31, 2025 23.73%
Dec 31, 2024 24.37%
Dec 31, 2024 24.37%
Sep 30, 2024 20.82%
Sep 30, 2024 20.82%
Jun 30, 2024 22.36%
Jun 30, 2024 22.36%
Mar 31, 2024 21.23%
Mar 31, 2024 21.23%
Dec 31, 2023 21.48%
Dec 31, 2023 21.48%