Cactus, Inc. (WHD) Income Statement Analysis

See more : China New City Commercial Development Limited (1321.HK) Income Statement Analysis – Financial Results

Complete financial analysis of Cactus, Inc. (WHD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Cactus, Inc., a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.

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Cactus, Inc. (WHD)

Industry: Oil & Gas Equipment & Services

Sector: Energy

Website: https://www.cactuswhd.com

About Cactus, Inc.

Cactus, Inc. designs, manufactures, sells, and rents a range of wellheads and pressure control equipment in the United States, Australia, China, and the Kingdom of Saudi Arabia. The company's principal products include Cactus SafeDrill wellhead systems, Cactus SafeLink monobore, SafeClamp, and SafeInject systems, as well as frac stacks, zipper manifolds, and production trees. It also provides field services, such as 24-hour service crews to assist with the installation, maintenance, repair, and safe handling of the wellhead and pressure control equipment; and repair and refurbishment services. The company sells or rents its products for onshore unconventional oil and gas wells for drilling, completion, and production phases of the wells. In addition, it operates 15 service centers in the United States, as well as 3 service centers in Eastern Australia. Cactus, Inc. was founded in 2011 and is headquartered in Houston, Texas.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015
Revenue	1.10B	688.37M	438.59M	348.57M	628.41M	544.14M	341.19M	155.05M	221.40M
Cost of Revenue	690.67M	445.92M	317.14M	236.95M	393.61M	325.91M	225.15M	125.23M	157.06M
Gross Profit	406.29M	242.45M	121.45M	111.62M	234.81M	218.23M	116.04M	29.82M	64.34M
Gross Profit Ratio	37.04%	35.22%	27.69%	32.02%	37.37%	40.11%	34.01%	19.23%	29.06%
Research & Development	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	127.08M	67.70M	46.02M	39.72M	51.66M	40.53M	27.18M	19.21M	22.14M
Other Expenses	14.85M	-1.91M	492.00K	-555.00K	4.29M	-4.31M	101.12M	2.25M	1.64M
Operating Expenses	141.93M	67.70M	46.02M	39.72M	51.66M	40.53M	27.18M	19.21M	22.14M
Cost & Expenses	832.59M	513.62M	363.16M	276.66M	445.26M	366.43M	252.33M	144.43M	179.19M
Interest Income	3.76M	4.94M	353.00K	701.00K	2.40M	128.00K	5.00K	2.00K	11.00K
Interest Expense	10.24M	1.06M	959.00K	1.13M	1.52M	3.60M	20.77M	20.24M	21.85M
Depreciation & Amortization	65.05M	34.12M	36.31M	40.52M	38.85M	30.15M	23.27M	21.24M	20.58M
EBITDA	337.66M	217.27M	111.74M	112.42M	222.00M	207.85M	112.13M	31.86M	62.79M
EBITDA Ratio	30.78%	30.34%	25.48%	32.79%	36.01%	37.41%	32.87%	22.00%	29.10%
Operating Income	264.37M	174.75M	75.43M	70.04M	183.15M	177.70M	88.86M	10.62M	42.21M
Operating Income Ratio	24.10%	25.39%	17.20%	20.09%	29.14%	32.66%	26.04%	6.85%	19.06%
Total Other Income/Expenses	-1.99M	1.80M	-282.00K	146.00K	5.17M	-7.90M	-20.77M	-17.98M	-20.20M
Income Before Tax	262.38M	176.55M	75.15M	70.19M	188.32M	169.80M	68.10M	-7.37M	22.01M
Income Before Tax Ratio	23.92%	25.65%	17.13%	20.14%	29.97%	31.21%	19.96%	-4.75%	9.94%
Income Tax Expense	47.54M	31.43M	7.68M	10.97M	32.02M	19.52M	1.55M	809.00K	784.00K
Net Income	169.17M	110.17M	67.47M	59.22M	156.30M	65.33M	66.55M	-8.18M	21.22M
Net Income Ratio	15.42%	16.01%	15.38%	16.99%	24.87%	12.01%	19.50%	-5.27%	9.59%
EPS	3.16	1.83	1.22	1.25	3.47	2.02	3.11	-0.11	0.15
EPS Diluted	2.57	1.80	0.89	0.78	2.07	2.00	3.11	-0.11	0.15
Weighted Avg Shares Out	64.64M	60.32M	55.40M	47.46M	44.98M	32.33M	21.43M	74.89M	74.89M
Weighted Avg Shares Out (Dil)	79.46M	76.34M	76.11M	75.50M	75.35M	32.70M	21.43M	74.89M	74.89M

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Cactus (WHD) announced today that it entered into a definitive agreement to acquire FlexSteel Technologies The post Why Cactus Is Buying FlexSteel (WHD) appeared first on Pulse 2.0.

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January 3, 2023businesswire.com

HOUSTON--(BUSINESS WIRE)--Cactus, Inc. (NYSE: WHD) (“Cactus” or the “Company”) announced today that it has entered into a definitive agreement (the “Agreement”) to acquire FlexSteel Technologies Holdings, Inc. and its affiliates through a merger with its holding company, HighRidge Resources, Inc....

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