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Cactus WHD Operating margin

Operating margin at other companies

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SchlumbergerSLB
19.4%+2.6pp
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NOVA, Inc.NOV
5.1%-2.8pp
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KLX Energy Services Holdings, Inc.KLXE
-4.1%+4.2pp
Forum Energy Technologies logo
Forum Energy TechnologiesFET
4%+2.3pp
ProFrac Holding Corp. logo
ProFrac Holding Corp.ACDC
-15%-25.5pp
Weatherford International logo
Weatherford InternationalWFRD
12.7%-3.2pp

Other financials

Income statement

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Revenue$388.3M+38.5%
Operating income$49.5M-27.8%
Net income$32.9M-25.6%
EPS (diluted)-$0.70-209%

Balance sheet

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Cash & equivalents$291.6M-16.1%
Total debt$55.2M+28.0%
Total equity$1.2B+7.4%
Total assets$2.5B+38.9%

Cash flow

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Operating cash flow$128.3M+209%
CapEx$282.0K-69.1%
Free cash flow$128.0M+215%

Valuation

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Market cap$5.5B+102%
Enterprise value$5.26B+123%
P/E35.5×+20.5×
P/S4.6×+2.2×

Profitability

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Net margin13%-3.8pp
FCF margin26.4%

Returns & leverage

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Return on equity13.5%-5.6pp
Debt / equity0.0×
Current ratio2.6×-2.2×

Where this comes from

Calculated from Cactus’s reported figures.

Based on trailing twelve months.

The source filing: Cactus’s 10-Q, filed May 8, 2026. Open the filing →

Filed
May 8, 2026, 11:23 AM EDT
Fiscal quarter
Q1 FY2026
Calendar quarter
Q1 2026
Accession
0001628280-26-032636

FAQ

What is Cactus's operating margin?
Cactus (WHD) reported operating margin of 19.5% in Q1 2026.
How has Cactus's operating margin changed year-over-year?
Cactus's operating margin decreased by 25.1% year-over-year, from 26% to 19.5%.
What is the long-term trend for Cactus's operating margin?
Over 5 years (2020 to 2025), Cactus's operating margin has grown at a 2.9% compound annual growth rate (CAGR), from 20.1% to 23.2%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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