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WH

Cactus, Inc.

WHDEnergyNASDAQ

Oil & Gas Equipment & Services · Last scanned May 30, 2026

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Financials · Annual
Revenue
$1.08B
-4.5% YoY
Net Income
$166.0M
-10.5% YoY
EBITDA
$327.2M
-9.6% YoY
Free Cash Flow
$93.8M

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About Cactus, Inc.

Headquartered within the energy sector, Cactus, Inc. focuses on Oil & Gas Equipment & Services services and products. Cactus, Inc., together with its subsidiaries, designs, manufactures, sells, and rents engineered pressure control and spoolable pipe technologies in the United States, Australia, Canada, the Middle. The $4.03B market capitalization puts WHD squarely in mid-cap range for its industry. The company operates in two segments: Pressure Control and Spoolable Technologies.

Key stats
Market Cap$4.03B
P/E (TTM)54.24
Fwd P/E16.84
EPS$1.07
Beta1.38
52W Change+40.0%
Dividend Yield0.96%
ROE12.7%
Analysis

Cactus, Inc. holds $291.6M in cash against $55.2M in total debt, giving it a net cash position. This means the company could theoretically pay off all its debt and still have cash remaining. Free cash flow comes in at $93.8M, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 12.7% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. An ROA of 7.0% suggests reasonable efficiency in deploying the company's asset base. Revenue has grown from $438.6M (2021) to $1.08B (2025), reflecting a 146% increase over the period.

With cash comfortably exceeding debt, WHD has financial flexibility that may help navigate uncertain periods. The elevated P/E ratio means the stock is priced for significant future growth. If earnings disappoint, the price correction could be sharp. No single metric tells the full story. Reviewing WHD's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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