SuperworthCactus profit margin WHD
Gross, operating and net profit as a share of revenue over the last twelve months, from 2018.
- Net margin, 12 months
- 12.0%
- Operating margin, 12 months
- 18.6%
- Net margin on a year earlier
- −4.2 pts
- Peer median
- 6.7%
Over the twelve months to Jun 30, 2026, Cactus kept 12.0% of its revenue as net profit, with an operating margin of 18.6% and a gross margin of 33.2%.
Five years earlier its net margin was 9.8%.
The median for 10 oilfield services stocks of a similar size is 6.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 15.4% | 23.2% | 37.0% |
| FY2024 | 16.4% | 25.6% | 38.6% |
| FY2023 | 15.4% | 24.1% | 37.0% |
| FY2022 | 16.0% | 25.4% | 35.2% |
| FY2021 | 11.3% | 17.2% | 27.7% |
| FY2020 | 9.9% | 20.1% | 32.0% |
| FY2019 | 13.6% | 29.1% | 37.4% |
| FY2018 | 9.5% | 32.7% | 40.1% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.0% | −4.2 pts | 18.6% | |
| Q1 FY26 | 13.0% | −3.8 pts | 19.5% | |
| Q4 FY25 | 15.4% | −1.0 pts | 23.2% | |
| Q3 FY25 | 15.9% | −0.7 pts | 24.0% | |
| Q2 FY25 | 16.2% | −0.7 pts | 24.7% | |
| Q1 FY25 | 16.8% | +2.3 pts | 26.0% | |
| Q4 FY24 | 16.4% | +1.0 pts | 25.6% | |
| Q3 FY24 | 16.6% | +1.6 pts | 26.3% | |
| Q2 FY24 | 16.9% | +2.5 pts | 27.4% | |
| Q1 FY24 | 14.5% | −2.7 pts | 24.3% | |
| Q4 FY23 | 15.4% | −0.6 pts | 24.1% | |
| Q3 FY23 | 15.0% | +0.0 pts | 23.2% |
Against its peers
Companies in Oil & Gas Equipment & Services nearest Cactus' size, closest first, today.
| Company | Profit margin |
|---|---|
| WHDCactus | 12.0% |
| SEISolaris Energy Infrastructure | 7.2% |
| WFRDWeatherford International | 7.7% |
| OIIOceaneering International | 11.4% |
| NOVNOV | 1.1% |
| LBRTLiberty Energy | 0.9% |
| INVXInnovex International | 6.2% |
| RESRPC | 1.3% |
| HOSHornbeck Offshore Services | 3.0% |
| FTITechnipFMC | 11.3% |
| HALHalliburton | 7.2% |
| Peer median | 6.7% |
Where Cactus ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Cactus
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.