Cactus Inc

Cactus Inc

WHD · NYSE · Energy / Oil & Gas Equipment & Services

62.28USD+0.53 (+0.86%)

Price History

Full chart

Market Stats

Previous Close61.75
Open62.33
Day Range61.05 – 63.13
52-Week Range32.86 – 73.91
Volume326.04K
Market Cap4.34B
P/E (TTM)52.29
Forward P/E48.08
EPS1.19
Dividend Yield0.94%
Beta1.38
50-Day Avg66.56
200-Day Avg56.55

About

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 East, and internationally. The company operates in two segments: Pressure Control and Spoolable Technologies. The Pressure Control segment designs, manufactures, sells, and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand through its service centers. Its products are sold and rented primarily for onshore unconventional oil and gas wells for drilling, completion, and production phases. This segment also offers field services for its products and rental items to assist with the installation, maintenance, and handling of the equipment. The Spoolable Technologies segment designs, manufactures, and sells spoolable pipes and associated end fittings under the FlexSteel brand. Its products are primarily used in production, gathering, and takeaway pipelines to transport oil, gas, and other liquids. This segment also provides field services and rental items to assist with installation through service centers and pipe yards, as well as equipment and services. The company also offers repair and refurbishment services for pressure control equipment. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Scott J. Bender
  • Employees1.50K
  • Headquarters920 Memorial City Way, Houston, TX, United States, 77024, USA
  • Websitehttps://www.cactuswhd.com

Leadership

  • Mr. Scott J. BenderCEO & Chairman of the Board · b. 1954
  • Mr. Joel BenderPresident & Director · b. 1960
  • Mr. Jay A. NuttCFO, Principal Accounting Officer, Executive VP & Treasurer · b. 1963
  • Mr. Steven BenderCOO & CEO of Spoolable Technologies Segment · b. 1983
  • Mr. Stephen D. TadlockExecutive VP & CEO of Cactus International
  • Mr. William D. Marsh J.D.Executive VP, General Counsel & Corporate Secretary · b. 1963
  • Ms. Dawn SmithSenior VP & Chief Human Resources Officer
  • Alan BoydDirector of Corporate Development & Investor Relations

Financials

Income Statement

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue221.40M155.05M341.19M544.13M628.41M348.57M438.59M688.37M1.10B1.13B1.08B
Growth (%)--29.97%+120.06%+59.48%+15.49%-44.53%+25.83%+56.95%+59.36%+3.00%-4.49%
Cost of Revenue157.06M125.23M225.15M325.90M393.61M236.95M317.14M445.92M690.67M693.42M489.75M
Gross Profit64.34M29.82M116.04M218.23M234.81M111.62M121.45M242.45M406.29M436.39M589.30M
Gross Margin29.06%19.23%34.01%40.11%37.37%32.02%27.69%35.22%37.04%38.63%54.61%
Operating Expense22.14M19.21M27.18M40.53M51.66M41.58M46.02M67.70M141.93M146.78M338.80M
Operating Income42.20M10.62M88.86M177.70M183.15M70.04M75.43M174.75M264.37M289.61M250.50M
Operating Margin19.06%6.85%26.04%32.66%29.14%20.09%17.20%25.39%24.10%25.63%23.21%
EBITDA62.78M31.86M112.13M207.85M228.37M111.66M111.73M211.57M332.35M363.54M353.45M
EBITDA Margin28.36%20.55%32.87%38.20%36.34%32.03%25.48%30.74%30.30%32.18%32.76%
Net Income21.22M-8.18M66.55M65.33M85.61M34.45M49.59M110.17M169.17M185.41M166.01M
Net Income Margin9.59%-5.27%19.50%12.01%13.62%9.88%11.31%16.01%15.42%16.41%15.39%
R&D---0-------
R&D as % of Total Revenue---0.00%-------
Interest Expense21.85M20.23M20.77M3.72M1.52M1.13M1.13M1.23M10.24M3.82M4.35M
Interest Expense % of Total Revenue9.87%13.05%6.09%0.68%0.24%0.32%0.26%0.18%0.93%0.34%0.40%

Balance Sheet

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets177.56M165.33M266.46M584.74M834.96M815.59M982.08M1.12B1.52B1.74B1.87B
Total Liabilities270.73M268.65M302.67M222.42M318.57M264.82M387.05M408.45M457.79M475.15M438.57M
Total Equity-93.17M-103.32M-36.22M362.33M327.47M352.97M468.64M571.92M865.52M1.07B1.23B
Cash12.53M8.69M7.57M70.84M202.60M288.66M301.67M344.53M133.79M342.84M494.58M
Total Debt253.20M248.02M256.62M16.09M37.66M28.13M33.21M35.52M39.97M41.72M37.75M
Net Debt240.68M239.33M249.04M-54.75M-164.94M-260.53M-268.46M-309.01M-93.82M-301.13M-456.83M

Cash Flow

Currency: USD2015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow45.93M23.98M34.71M167.18M209.63M143.38M63.76M117.88M340.28M316.11M256.02M
Investing Cash Flow-23.42M-17.36M-30.68M-68.15M-55.95M-18.15M-11.63M-25.54M-654.79M-35.39M-39.06M
Financing Cash Flow-22.78M-10.17M-5.31M-35.00M-21.67M-40.21M-39.39M-47.38M103.28M-70.14M-66.66M
Capital Expenditure25.28M21.72M32.08M70.05M59.70M24.49M13.94M28.29M43.98M39.18M38.80M
Free Cash Flow20.65M2.25M2.63M97.13M149.93M118.89M49.82M89.59M296.30M276.94M217.21M
Dividends Paid12.23M2.06M26.00M31.85M12.64M33.44M30.90M36.41M30.12M33.68M53.05M
FCF to OCF44.95%9.40%7.56%58.10%71.52%82.92%78.14%76.00%87.08%87.61%84.84%
Dividend Paid to FCF59.25%91.17%990.48%32.79%8.43%28.13%62.02%40.64%10.17%12.16%24.42%

Earnings

Report DateJun 16, 2017Aug 18, 2017Nov 29, 2017Mar 8, 2018May 9, 2018Aug 1, 2018Oct 31, 2018Mar 6, 2019May 1, 2019Jul 31, 2019Oct 30, 2019Feb 26, 2020Apr 29, 2020Jul 29, 2020Nov 4, 2020Feb 24, 2021May 5, 2021Jul 28, 2021Nov 3, 2021Feb 28, 2022May 4, 2022Aug 4, 2022Nov 7, 2022Feb 22, 2023May 9, 2023Aug 7, 2023Nov 8, 2023Feb 28, 2024May 1, 2024Jul 31, 2024Oct 30, 2024Feb 26, 2025Apr 30, 2025Jul 30, 2025Oct 29, 2025Feb 25, 2026May 6, 2026Jul 29, 2026Nov 4, 2026
EPS Estimate0.000.000.000.280.320.560.510.450.470.510.450.350.35-0.020.010.060.100.180.190.200.290.360.480.500.560.770.870.690.720.720.760.720.690.720.580.580.680.710.77
EPS Actual0.060.220.300.300.340.460.520.450.490.520.480.370.410.100.130.080.110.160.190.250.300.440.520.570.640.840.800.810.750.810.790.710.730.660.670.650.700.93-
Surprise---7.14%6.25%-17.86%1.96%0.00%4.26%1.96%6.67%5.71%17.14%600.00%1200.00%33.33%10.00%-11.11%0.00%25.00%3.45%22.22%8.33%14.00%14.29%9.09%-8.05%17.39%4.17%12.50%3.95%-0.99%5.80%-8.33%15.52%12.07%2.41%30.99%-
Timing---After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours-After-hoursAfter-hours

Key Statistics & Ratios

Market Cap4.34B
Enterprise Value4.99B
Trailing P/E52.29
Forward P/E48.08
Price / Sales3.18
Price / Book3.71
EPS1.19
Book Value17.80
Revenue (TTM)1.36B
Gross Profit (TTM)452.98M
EBITDA383.01M
Profit Margin11.98%
Operating Margin18.59%
Return on Equity13.11%
Return on Assets7.41%
Shares Outstanding69.73M
Shares Float59.24M
Beta1.38
Dividend Yield0.94%
Dividend Rate0.60
Payout Ratio19.32%

Analyst Ratings

Buy
Based on 8 analystsTarget 69.00
  • Strong Buy
    2
  • Buy
    2
  • Hold
    3
  • Sell
    1

Ownership Breakdown

Institutions
112.58%
Insiders
0.97%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    10.20M14.63%
  • Boston Partners Global Investors, Inc
    4.59M6.58%
  • Vanguard Portfolio Management, LLC
    4.16M5.97%
  • Vanguard Capital Management, LLC
    3.08M4.41%
  • State Street Corp
    3.04M4.36%
  • T. Rowe Price Investment Management,Inc.
    2.69M3.86%
  • Wellington Management Company LLP
    2.62M3.75%
  • FMR Inc
    2.40M3.45%
  • Geode Capital Management, LLC
    1.98M2.84%
  • Dimensional Fund Advisors, Inc.
    1.88M2.70%
  • Capital Research & Mgmt Co - Division 3
    1.82M2.61%
  • Jennison Associates LLC
    1.78M2.55%
  • JPMorgan Chase & Co
    1.72M2.47%
  • Capital World Investors
    1.71M2.45%
  • ClearBridge Advisors, LLC
    1.63M2.34%

Top Fund Holders

  • American Funds SMALLCAP World A
    4.78M6.85%
  • iShares Core S&P Small-Cap ETF
    4.23M6.07%
  • Vanguard MStar Total Stk Mkt Idx Invest
    2.21M3.17%
  • JHancock Disciplined Value Mid Cap I
    1.86M2.66%
  • iShares Russell 2000 ETF
    1.80M2.59%

Dividends

20263×
0.15Aug 31, 20260.14Jun 1, 20260.14Mar 2, 2026
20254×
0.14Dec 1, 20250.14Aug 29, 20250.13Jun 2, 20250.13Mar 3, 2025
20244×
0.13Dec 2, 20240.13Aug 26, 20240.12May 28, 20240.12Feb 23, 2024
20234×
0.12Nov 24, 20230.12Aug 25, 20230.11May 26, 20230.11Feb 24, 2023
20224×
0.11Nov 25, 20220.11Aug 26, 20220.11May 26, 20220.11Feb 25, 2022
20214×
0.10Nov 26, 20210.10Aug 27, 20210.09May 27, 20210.09Feb 26, 2021
20201×
0.09Nov 27, 2020