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Cactus WHD Spoolable Technologies — D&A

Other segment segments

Pressure Control
$28.59M+6.7%

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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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Operating margin19.5%-6.5pp
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

Reported directly by Cactus in its filing.

Tagged under the XBRL concept us-gaap:DepreciationDepletionAndAmortization.

The source filing: Cactus’s 10-K, filed February 26, 2026.

Filed
Feb 26, 2026, 4:50 PM EST
Fiscal year
FY2025
Accession
0001628280-26-012377
Line itemYear Ended December 31, 2025Year Ended December 31, 2024Year Ended December 31, 2023
Depreciation and amortization:
Pressure Control$28,585$26,782$30,898
Spoolable Technologies35,32933,65634,147
Total depreciation and amortization$63,914$60,438$65,045
Capital expenditures:
Pressure Control$18,218$24,240$40,940
Spoolable Technologies20,58714,9363,037
Total capital expenditures$38,805$39,176$43,977

Item 8. Financial Statements and Supplementary Data

FAQ

What is Cactus's spoolable technologies — D&A?
Cactus (WHD) reported spoolable technologies — D&A of $8.83M in Q4 2025.
How has Cactus's spoolable technologies — D&A changed year-over-year?
Cactus's spoolable technologies — D&A increased by 5.0% year-over-year, from $8.41M to $8.83M.
What does spoolable technologies — D&A mean?
Represents the non-cash allocation of the cost of tangible and intangible assets over their useful lives within the Spoolable Technologies segment. This metric is vital for understanding the capital intensity of the segment and the ongoing reinvestment required to maintain production capabilities. It is often added back to operating income to derive cash-based performance measures.

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