Stocks · Energy · Oil & Gas Equipment & Services

Cactus, Inc. WHD

$63.44 +2.01% Close, Oct 2, 2026 · NYSE · Market cap $4.40B

Strong growthHigh qualityStrong trend

Next earnings report: Nov 4, 2026

Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.

Three things to know

  1. Diluted EPS over the last four quarters was $1.17, down 56.0% year over year.
  2. The stock is in an uptrend: above its 200-day average for 65 trading days, with the 50-day average above the 200-day.
  3. Earnings beat analyst estimates in each of the last 4 quarters (average surprise over the last four: +20.3%).

PromtFinance scores

Each score is a percentile within the Energy sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 5, 2026.

Growth86Strong

How fast revenue, earnings and cash flow are growing.

  • Revenue growth (TTM, YoY)Top 26%
  • EPS growth (TTM, YoY)Bottom 23%
  • FCF growth (TTM, YoY)Top 34%
  • Revenue growth, 3-year CAGRTop 16%
  • Revenue growth accelerationTop 15%
Quality97Exceptional

Returns on capital, margins, earnings quality and balance-sheet strength.

  • Return on invested capitalTop 35%
  • Gross marginTop 10%
  • Operating marginTop 39%
  • Cash conversion (OCF / net income)Top 14%
  • Accruals (lower is better)Top 30%
  • Net debt / EBITDA (lower is better)Top 5%
Value30Weak

How cheap the shares are relative to earnings, cash flow and their own history.

  • Earnings yieldBottom 37%
  • Free-cash-flow yieldTop 41%
  • EBITDA / enterprise valueBottom 34%
  • Sales / enterprise valueBottom 37%
  • P/E vs own 5-year history (lower is better)Bottom 29%
Momentum85Strong

Strength and persistence of the price trend, including versus the S&P 500.

  • 12-month return excluding last monthTop 13%
  • 6-month returnTop 7%
  • 1-year return vs S&P 500Top 15%
  • Distance from 52-week highTop 36%
  • Trend checklist (0–4)Top 32%
Revisions60Neutral

Earnings surprises and analyst sentiment (estimate-revision history is being collected).

  • Average EPS surprise, last 4 quartersTop 32%
  • Consecutive EPS beatsTop 15%
  • Share of analysts rating BuyBottom 40%
  • Upside to consensus price targetBottom 29%
Stability40Weak

Low volatility, shallow drawdowns, low market sensitivity and modest leverage.

  • Volatility, 60 days (lower is better)Bottom 33%
  • Maximum drawdown, 3 yearsBottom 48%
  • Beta vs S&P 500 (lower is better)Bottom 7%
  • Net debt / EBITDA (lower is better)Top 5%

What changed

Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).

MeasureBeforeNow
Revenue growth (YoY)4.5%21.8%↑
EPS growth (YoY)-62.4%-56.0%↑
Gross margin41.6%70.9%↑
Operating margin24.7%18.6%↓
FCF margin20.8%23.6%↑

Fundamental momentum

MeasureNow (TTM)Year / quarter beforeSector rank
Revenue growth (TTM, YoY)21.8%4.5%↑Top 26%
EPS growth (TTM, YoY)-56.0%-62.4%↑Bottom 23%
Gross margin70.9%41.6%↑Top 10%
Operating margin18.6%24.7%↓Top 39%
Net margin6.0%16.2%↓—
Free-cash-flow margin23.6%20.8%↑—
Return on invested capital9.3%—Top 35%
Revenue growth, 3-year CAGR16.2%—Top 16%

Quality of earnings and balance sheet

Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
3.00×
Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
-10.9%
Stock-based compensation / revenueA cost to shareholders through dilution.
-0.4%
Receivables growth vs revenue growthReceivables growing much faster than sales can be a warning.
+124.3 pp
Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
-0.84×

Shareholder returns

Dividend yield (dividends paid, TTM)
1.07%
Net buyback yield (TTM)
0.19%
Shareholder yield
1.26%
Share count change, 1 year
+2.1%
Share count change, 3-year CAGR
+2.6%

Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.

Based on the four quarters through Jun 30, 2026 (filed Jul 31, 2026).

Earnings and expectations

Earnings momentum

Consecutive EPS beats
4
Beats in the last 8 reports
6 of 8
Average EPS surprise, last 4
+20.3%
Average 2-day reaction, last 8
-0.0%
Positive 20 days after report
5 of 8

Analysts

Consensus price target
$72.67
Target vs current price
+14.5%
Analysts with a rating
18
Share rating Buy or Strong Buy
50%
Consensus rating
Hold

How the stock reacted to recent reports

Report dateEPS surprise2 days5 days20 days60 days
Jul 29, 2026+46.0%-1.5%+26.5%+26.4%—
May 6, 2026+7.7%-0.3%+4.7%+7.6%+18.9%
Feb 25, 2026+12.1%-0.5%-13.8%-17.1%+6.7%
Oct 29, 2025+15.5%+7.3%+9.5%+7.4%+38.9%
Jul 30, 2025-1.5%-0.8%-14.3%-13.7%-20.0%
Apr 30, 2025+4.3%-4.4%+0.3%+4.6%+16.5%
Feb 26, 2025-1.4%-0.5%-15.5%-17.9%-28.5%
Oct 30, 2024+5.3%+0.3%+8.9%+19.0%+8.7%

Returns from the close before each report. Past reactions do not determine future ones.

Earnings history

Report dateEPSEstimateSurpriseRevenue
Jul 29, 2026$0.93$0.64+46.0%$449.5M
May 6, 2026$0.70$0.65+7.7%$388.3M
Feb 25, 2026$0.65$0.58+12.1%$261.2M
Oct 29, 2025$0.67$0.58+15.5%$264.0M
Jul 30, 2025$0.66$0.67-1.5%$273.6M
Apr 30, 2025$0.73$0.70+4.3%$280.3M
Feb 26, 2025$0.71$0.72-1.4%$272.1M
Oct 30, 2024$0.79$0.75+5.3%$293.2M

Valuation in context

MultipleNow5-year median5-year percentileSector rank (cheapness)
P/E (trailing)54.2×21.5×81thBottom 37%
P/E (forward)21.0×———
EV / EBITDA11.2×——Bottom 34%
EV / Sales3.00×——Bottom 37%
Free-cash-flow yield7.30%——Top 41%
Earnings yield1.84%——Bottom 37%

P/E over the past five years

Range 14.1× – 69.1× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.

What moved the stock over the past year

Price return, 1 year
+58.3%
Earnings per share growth (TTM)
-56.0%
Change in P/E multiple
+249.2%

Most of the move came from a change in the valuation multiple.

Technical state

Trend checklist

  • ✗ Price above 20-day average
  • ✗ Price above 50-day average
  • ✓ Price above 200-day average
  • ✓ 50-day average above 200-day
  • ✗ MACD histogram positive

Trend quality

Days above the 50-day average
0
Days above the 200-day average
65
50-day average slope (20 days)
+8.9%
200-day average slope (20 days)
+4.2%
Distance from 50-day average
-5.3%
Distance from 200-day average
+11.7%
RSI (14)
40.2
Relative volume
0.63×

Risk and drawdowns

Volatility, 60 days (annualized)
49.0%
Volatility vs own 5-year history
76th percentile · Normal for this stock
Beta vs S&P 500 (2 years, weekly)
1.33
Correlation with S&P 500
0.46
Current drawdown from 1-year high
-14.0%
Maximum drawdown, 3 years
-51.9%

Largest declines in the past six years

From peakTo lowDeclineLengthRecovery
Nov 25, 2024Oct 10, 2025-51.9%218 days207 days (Aug 10, 2026)
Apr 20, 2022May 31, 2023-49.0%279 days292 days (Jul 30, 2024)
Mar 8, 2021Apr 20, 2021-28.3%30 days30 days (Jun 2, 2021)
Jun 16, 2021Aug 19, 2021-26.1%45 days41 days (Oct 18, 2021)
Oct 25, 2021Dec 3, 2021-23.1%28 days32 days (Jan 20, 2022)

Declines of 10% or more from a closing high, measured on daily closes.

Financial statements

Market cap
$4.40B
P/E (TTM)
54.2
EPS, diluted (TTM)
$1.17
Revenue (TTM)
$1.36B
Dividend yield
0.90%
52-week range
$33.20 – $74.07
FY 2021FY 2022FY 2023FY 2024FY 2025
Revenue$438.6M$688.4M$1.10B$1.13B$1.08B
Gross profit$121.4M$242.4M$406.3M$436.4M$589.3M
Operating income$75.4M$174.7M$264.4M$289.6M$250.5M
Net income$49.6M$110.2M$169.2M$185.4M$166.0M
EPS (diluted)$0.83$1.80$2.57$2.77$2.41
Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Revenue$293.2M$272.1M$280.3M$273.6M$264.0M$261.2M$388.3M$449.5M
Net income$49.9M$46.7M$44.2M$40.3M$41.6M$39.8M-$48.6M$49.0M
EPS (diluted)$0.74$0.69$0.64$0.59$0.60$0.57-$0.70$0.70
FY 2021FY 2022FY 2023FY 2024FY 2025
Operating cash flow$63.8M$117.9M$340.3M$316.1M$256.0M
Capital expenditure-$13.9M-$28.3M-$44.0M-$39.2M-$38.8M
Free cash flow$49.8M$89.6M$296.3M$276.9M$217.2M
Dividends paid-$21.2M-$26.7M-$30.1M-$33.7M-$53.0M
Net share buybacks-$3.3M-$4.6M$164.6M-$9.3M-$5.9M

Cash outflows are shown as negative numbers.

Cash and short-term investments
$365.8M
Total assets
$2.58B
Total liabilities
$881.5M
Total debt
$56.2M
Net debt
-$309.6M
Shareholders’ equity
$1.24B

As of Jun 30, 2026 (filed Jul 31, 2026).

Dividends

Ex-dateAmountPaid
Aug 31, 2026$0.15Sep 11, 2026
Jun 1, 2026$0.14Jun 18, 2026
Mar 2, 2026$0.14Mar 19, 2026
Dec 1, 2025$0.14Dec 18, 2025
Aug 29, 2025$0.14Sep 18, 2025
Jun 2, 2025$0.13Jun 20, 2025
Mar 3, 2025$0.13Mar 20, 2025
Dec 2, 2024$0.13Dec 19, 2024

Short interest

Shares sold short
3,528,728
Days to cover
5.02
Change vs previous report
-0.7%

FINRA short interest, settlement date Sep 15, 2026.