WHD - Cactus, Inc.
Price:
--
--
|
CONSENSUS:
Buy
DETAILS
|
PRICE TARGET:
$69.33
DETAILS
HIGH:
$72.00
LOW:
$66.00
MEDIAN:
$70.00
CONSENSUS:
$69.33
UPSIDE:
11.36%
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||
| Revenue | 1,079.1 | 1,129.8 | 1,097.0 | 688.4 | 438.6 | 348.6 | 628.4 | 544.1 | 341.2 | 155.0 | 221.4 |
| Cost of Revenue | 489.8 | 693.4 | 690.7 | 445.9 | 317.1 | 236.9 | 393.6 | 325.9 | 225.2 | 125.2 | 157.1 |
| Gross Profit | 589.3 | 436.4 | 406.3 | 242.4 | 121.4 | 111.6 | 234.8 | 218.2 | 116.0 | 29.8 | 64.3 |
| Operating Expenses | |||||||||||
| R&D Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| SG&A Expenses | 0 | 130.5 | 127.1 | 67.7 | 46.0 | 39.7 | 51.7 | 40.5 | 27.2 | 19.2 | 22.1 |
| Other Expenses | 338.8 | 16.3 | 14.8 | 0 | 0 | 1.9 | 0 | 0 | 0 | 0 | 0 |
| Operating Expenses | 338.8 | 146.8 | 141.9 | 67.7 | 46.0 | 41.6 | 51.7 | 40.5 | 27.2 | 19.2 | 22.1 |
| Operating Income | |||||||||||
| Operating Income | 250.5 | 289.6 | 264.4 | 174.7 | 75.4 | 70.0 | 183.2 | 177.7 | 88.9 | 10.6 | 42.2 |
| Interest Expense | 4.3 | 3.8 | 10.2 | 1.2 | 1.1 | 1.1 | 1.5 | 3.7 | 20.8 | 20.2 | 21.8 |
| Interest Income | 15.3 | 10.3 | 3.8 | 4.9 | 0.4 | 1.8 | 2.4 | 0.1 | 0 | 0.0 | 0.0 |
| Profitability | |||||||||||
| EBITDA | 353.5 | 363.5 | 332.3 | 211.6 | 111.7 | 111.7 | 228.4 | 207.9 | 112.1 | 31.9 | 62.8 |
| EBIT | 265.0 | 301.6 | 267.3 | 177.4 | 76.0 | 71.1 | 189.5 | 173.5 | 88.8 | 12.8 | 43.6 |
| Income Before Tax | 260.7 | 299.3 | 262.4 | 176.6 | 75.1 | 70.2 | 188.3 | 169.8 | 68.1 | (7.4) | 22.0 |
| Income Tax Expense | 59.0 | 66.5 | 47.5 | 31.4 | 7.7 | 11.0 | 32.0 | 19.5 | 1.5 | 0.8 | 0.8 |
| Net Income | 166.0 | 185.4 | 169.2 | 110.2 | 49.6 | 34.4 | 85.6 | 65.3 | 66.5 | (8.2) | 21.2 |
| Per Share Data | |||||||||||
| EPS (Basic) | 2.42 | 2.79 | 2.62 | 1.83 | 1.22 | 1.25 | 3.47 | 2.02 | 3.11 | -0.76 | 581.48 |
| EPS (Diluted) | 2.41 | 2.77 | 2.57 | 1.80 | 0.83 | 0.72 | 2.07 | 2.00 | 3.11 | -0.76 | 581.48 |
| Shares Outstanding | 68.6 | 66.4 | 64.6 | 60.3 | 55.4 | 47.5 | 45.0 | 32.3 | 21.4 | 10.7 | 0.0 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Current Assets | ||||||||||
| Cash & Cash Equivalents | 494.6 | 342.8 | 133.8 | 344.5 | 301.7 | 288.7 | 202.6 | 70.8 | 7.6 | 8.7 |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Receivables | 164.5 | 191.6 | 205.4 | 138.3 | 89.2 | 44.1 | 87.9 | 92.3 | 84.2 | 32.3 |
| Inventory | 276.6 | 226.8 | 205.6 | 161.3 | 119.8 | 87.5 | 113.4 | 99.8 | 64.5 | 37.9 |
| Other Current Assets | 19.2 | 13.4 | 11.4 | 10.6 | 0 | 4.9 | 0 | 0 | 7.7 | 0 |
| Total Current Assets | 954.9 | 774.7 | 556.2 | 654.6 | 518.5 | 425.1 | 414.9 | 274.5 | 163.9 | 82.6 |
| Non-Current Assets | ||||||||||
| Property, Plant & Equipment | 362.1 | 370.1 | 369.0 | 153.2 | 151.7 | 164.8 | 188.3 | 142.1 | 94.7 | 74.9 |
| Goodwill | 203.0 | 203.0 | 203.0 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 | 7.8 |
| Intangible Assets | 148.0 | 164.0 | 180.0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long-Term Investments | 5.9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 10.1 | 8.5 | 9.5 | 1.6 | 1.0 | 1.2 | 1.4 | 1.3 | 0.0 | 0.0 |
| Total Non-Current Assets | 916.7 | 964.6 | 966.4 | 464.3 | 463.6 | 390.5 | 420.1 | 310.2 | 102.5 | 82.7 |
| Total Assets | 1,871.6 | 1,739.3 | 1,522.6 | 1,118.9 | 982.1 | 815.6 | 835.0 | 584.7 | 266.5 | 165.3 |
| Current Liabilities | ||||||||||
| Account Payables | 71.5 | 72.0 | 71.8 | 47.8 | 42.8 | 20.2 | 41.0 | 42.0 | 35.1 | 14.0 |
| Short-Term Debt | 12.3 | 0 | 0 | 0 | 0 | 8.1 | 0 | 7.4 | 7.2 | 2.6 |
| Deferred Revenue | 7.7 | 14.6 | 14.0 | 1.4 | 1.8 | 1.1 | 1.4 | 1.1 | 0.8 | 0.6 |
| Other Current Liabilities | 56.4 | 0 | 20.8 | 0.6 | 0.3 | 13.1 | 0.6 | 8.9 | 2.2 | 7.4 |
| Total Current Liabilities | 164.2 | 178.8 | 175.7 | 116.6 | 92.6 | 48.9 | 91.1 | 74.6 | 52.9 | 24.1 |
| Non-Current Liabilities | ||||||||||
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 241.4 | 242.3 |
| Deferred Tax Liabilities | 2.8 | 2.9 | 3.6 | 2.0 | 1.2 | 0.8 | 1.3 | 139.1 | 0.4 | 0.2 |
| Other Non-Current Liabilities | 246.1 | 262.9 | 250.1 | 265.0 | 269.8 | 195.1 | 201.9 | 138.0 | 0 | 0 |
| Total Non-Current Liabilities | 274.3 | 296.3 | 282.1 | 291.8 | 294.5 | 215.9 | 227.4 | 147.8 | 249.8 | 244.5 |
| Total Liabilities | 438.6 | 475.1 | 457.8 | 408.5 | 387.0 | 264.8 | 318.6 | 222.4 | 302.7 | 268.6 |
| Stockholders' Equity | ||||||||||
| Common Stock | 0.7 | 0.7 | 0.7 | 0.6 | 0.6 | 0.5 | 0.5 | 0.4 | 0 | 0 |
| Retained Earnings | 680.4 | 552.1 | 400.7 | 261.8 | 178.4 | 150.1 | 133.0 | 51.7 | 0 | 0 |
| Accumulated Other Comprehensive Income | (1.6) | (2.5) | (0.8) | (1.0) | 0.0 | 0.3 | (0.5) | (0.8) | 0.1 | (0.5) |
| Total Stockholders' Equity | 1,226.4 | 1,071.1 | 865.5 | 571.9 | 468.6 | 353.0 | 327.5 | 362.3 | (36.2) | (103.3) |
| Total Liabilities & Equity | 1,871.6 | 1,739.3 | 1,522.6 | 1,118.9 | 982.1 | 815.6 | 835.0 | 584.7 | 266.5 | 165.3 |
| Debt Metrics | ||||||||||
| Total Debt | 37.7 | 41.7 | 40.0 | 35.5 | 33.2 | 28.1 | 37.7 | 16.1 | 256.6 | 248.0 |
| Net Debt | (456.8) | (301.1) | (93.8) | (309.0) | (268.5) | (260.5) | (164.9) | (54.7) | 249.0 | 239.3 |
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||||
| Net Income | 166.0 | 232.8 | 169.2 | 145.1 | 67.5 | 59.2 | 156.3 | 150.3 | 66.5 | (8.2) |
| Depreciation & Amortization | 88.4 | 60.4 | 65.0 | 34.1 | 36.3 | 40.5 | 38.9 | 30.2 | 23.3 | 21.2 |
| Stock-Based Compensation | 0 | 22.9 | 18.1 | 10.6 | 8.6 | 8.6 | 7.0 | 4.7 | 0.4 | 0.4 |
| Change in Working Capital | (70.0) | (37.2) | 5.3 | (89.5) | (45.5) | 38.9 | (6.6) | (40.1) | (58.8) | 8.4 |
| Other Non-Cash Items | 36.5 | 17.4 | 65.3 | (7.8) | (8.0) | (10.8) | (11.4) | 6.9 | 3.1 | 2.0 |
| Operating Cash Flow | 256.0 | 316.1 | 340.3 | 117.9 | 63.8 | 143.4 | 209.6 | 167.2 | 34.7 | 24.0 |
| Investing Activities | ||||||||||
| Capital Expenditure | (38.8) | (39.2) | (44.0) | (28.3) | (13.9) | (24.5) | (59.7) | (70.1) | (32.1) | (21.7) |
| Acquisitions | 5.7 | 0 | (616.2) | 2.8 | 0 | 6.3 | 0 | 1.9 | 1.4 | 4.4 |
| Purchases of Investments | (6) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sales/Maturities of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing Activities | 0 | (35.4) | 5.4 | 0 | 2.3 | 0 | 3.8 | 1.9 | 1.4 | 4.4 |
| Investing Cash Flow | (39.1) | (35.4) | (654.8) | (25.5) | (11.6) | (18.1) | (55.9) | (68.2) | (30.7) | (17.4) |
| Financing Activities | ||||||||||
| Net Debt Issuance | (7.7) | (7.9) | (7.7) | (6.1) | (5.2) | (5.3) | (7.5) | (254.8) | (5.3) | (8.1) |
| Stock Repurchased | (5.9) | (9.3) | (5.2) | (4.6) | (3.3) | (1.4) | (1.5) | 0 | 0 | 0 |
| Dividends Paid | (53.0) | (33.7) | (30.1) | (26.7) | (21.2) | (17.1) | (4.2) | (31.8) | 0 | (2.1) |
| Other Financing Activities | 0 | (19.2) | (23.6) | (10.0) | (9.7) | (16.3) | (8.4) | (608.4) | 0 | 0 |
| Financing Cash Flow | (66.7) | (70.1) | 103.3 | (47.4) | (39.4) | (40.2) | (21.7) | (35.0) | (5.3) | (10.2) |
| Cash Position | ||||||||||
| Net Change in Cash | 151.7 | 209.1 | (210.7) | 42.9 | 13.0 | 86.1 | 131.8 | 63.3 | (1.1) | (3.8) |
| Cash at Beginning | 342.8 | 133.8 | 344.5 | 301.7 | 288.7 | 202.6 | 70.8 | 7.6 | 8.7 | 12.5 |
| Cash at End | 494.6 | 342.8 | 133.8 | 344.5 | 301.7 | 288.7 | 202.6 | 70.8 | 7.6 | 8.7 |
| Free Cash Flow | 217.2 | 276.9 | 296.3 | 89.6 | 49.8 | 118.9 | 149.9 | 97.1 | 2.6 | 2.3 |
| Key Metrics | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Income Statement | |||||||||||
| Revenue | 1,079.1 | 1,129.8 | 1,097.0 | 688.4 | 438.6 | 348.6 | 628.4 | 544.1 | 341.2 | 155.0 | 221.4 |
| Gross Profit | 589.3 | 436.4 | 406.3 | 242.4 | 121.4 | 111.6 | 234.8 | 218.2 | 116.0 | 29.8 | 64.3 |
| Operating Income | 250.5 | 289.6 | 264.4 | 174.7 | 75.4 | 70.0 | 183.2 | 177.7 | 88.9 | 10.6 | 42.2 |
| Net Income | 166.0 | 185.4 | 169.2 | 110.2 | 49.6 | 34.4 | 85.6 | 65.3 | 66.5 | (8.2) | 21.2 |
| EPS (Diluted) | 2.41 | 2.77 | 2.57 | 1.80 | 0.83 | 0.72 | 2.07 | 2.00 | 3.11 | -0.76 | 581.48 |
| Balance Sheet | |||||||||||
| Cash & Equivalents | 494.6 | 342.8 | 133.8 | 344.5 | 301.7 | 288.7 | 202.6 | 70.8 | 7.6 | 8.7 | |
| Total Assets | 1,871.6 | 1,739.3 | 1,522.6 | 1,118.9 | 982.1 | 815.6 | 835.0 | 584.7 | 266.5 | 165.3 | |
| Total Debt | 37.7 | 41.7 | 40.0 | 35.5 | 33.2 | 28.1 | 37.7 | 16.1 | 256.6 | 248.0 | |
| Stockholders' Equity | 1,226.4 | 1,071.1 | 865.5 | 571.9 | 468.6 | 353.0 | 327.5 | 362.3 | (36.2) | (103.3) | |
| Cash Flow | |||||||||||
| Operating Cash Flow | 256.0 | 316.1 | 340.3 | 117.9 | 63.8 | 143.4 | 209.6 | 167.2 | 34.7 | 24.0 | |
| Capital Expenditure | (38.8) | (39.2) | (44.0) | (28.3) | (13.9) | (24.5) | (59.7) | (70.1) | (32.1) | (21.7) | |
| Free Cash Flow | 217.2 | 276.9 | 296.3 | 89.6 | 49.8 | 118.9 | 149.9 | 97.1 | 2.6 | 2.3 | |