Financial Snapshot

Revenue
$1.127B
TTM
Gross Margin
39.14%
TTM
Net Earnings
$190.3M
TTM
Current Assets
Q2 2024
Current Liabilities
Q2 2024
Current Ratio
374.54%
Q2 2024
Total Assets
Q2 2024
Total Liabilities
Q2 2024
Book Value
$1.155B
Q2 2024
Cash
Q2 2024
P/E
23.57
Sep 13, 2024 EST
Free Cash Flow
$298.3M
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $1.097B $688.4M $438.6M $348.6M $628.4M $544.1M $341.2M $155.0M $221.4M
YoY Change 59.36% 56.95% 25.83% -44.53% 15.49% 59.48% 120.13% -29.99%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Revenue $1.097B $688.4M $438.6M $348.6M $628.4M $544.1M $341.2M $155.0M $221.4M
Cost Of Revenue $690.7M $445.9M $317.1M $236.9M $393.6M $325.9M $225.2M $125.2M $157.1M
Gross Profit $406.3M $242.4M $121.4M $111.6M $234.8M $218.2M $116.0M $29.80M $64.30M
Gross Profit Margin 37.04% 35.22% 27.69% 32.02% 37.36% 40.1% 34.0% 19.23% 29.04%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Selling, General & Admin $127.1M $67.70M $46.02M $39.72M $51.66M $40.53M $27.20M $19.20M $22.10M
YoY Change 87.7% 47.11% 15.88% -23.12% 27.46% 49.0% 41.67% -13.12%
% of Gross Profit 31.28% 27.92% 37.89% 35.59% 22.0% 18.57% 23.45% 64.43% 34.37%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $65.05M $34.12M $36.31M $40.52M $38.85M $30.15M $23.30M $21.20M $20.60M
YoY Change 90.61% -6.02% -10.39% 4.29% 28.86% 29.41% 9.91% 2.91%
% of Gross Profit 16.01% 14.07% 29.9% 36.31% 16.55% 13.82% 20.09% 71.14% 32.04%
Operating Expenses $832.6M $513.6M $363.2M $278.5M $445.3M $366.4M $27.10M $19.20M $22.10M
YoY Change 62.1% 41.43% 30.39% -37.45% 21.51% 1252.15% 41.15% -13.12%
Operating Profit $264.4M $174.7M $75.43M $70.04M $183.2M $177.7M $88.90M $10.60M $42.20M
YoY Change 51.28% 131.68% 7.69% -61.76% 3.07% 99.89% 738.68% -74.88%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Interest Expense -$6.480M $3.714M -$774.0K $701.0K $879.0K -$3.595M -$20.80M -$20.20M -$21.80M
YoY Change -274.47% -579.84% -210.41% -20.25% -124.45% -82.72% 2.97% -7.34%
% of Operating Profit -2.45% 2.13% -1.03% 1.0% 0.48% -2.02% -23.4% -190.57% -51.66%
Other Income/Expense, Net $4.490M -$1.910M $492.0K -$555.0K $4.294M -$4.305M $0.00 $2.300M $1.600M
YoY Change -335.08% -488.21% -188.65% -112.93% -199.74% -100.0% 43.75%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Pretax Income $262.4M $176.6M $75.15M $70.19M $188.3M $169.8M $68.10M -$7.400M $22.00M
YoY Change 48.61% 134.95% 7.07% -62.73% 10.91% 149.34% -1020.27% -133.64%
Income Tax $47.54M $31.43M $7.675M $10.97M $32.02M $19.52M $1.500M $800.0K $800.0K
% Of Pretax Income 18.12% 17.8% 10.21% 15.63% 17.0% 11.5% 2.2% 3.64%
Net Earnings $169.2M $110.2M $49.59M $34.45M $85.61M $51.68M $66.50M -$8.200M $21.20M
YoY Change 53.55% 122.16% 43.97% -59.76% 65.65% -22.28% -910.98% -138.68%
Net Earnings / Revenue 15.42% 16.01% 11.31% 9.88% 13.62% 9.5% 19.49% -5.29% 9.58%
Basic Earnings Per Share
Diluted Earnings Per Share $2.13 $1.44 $651.6K $455.6K $1.135M $869.5K $887.9K -$109.5K $283.0K

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Cash & Short-Term Investments $133.8M $344.5M $301.7M $288.7M $202.6M $70.80M $7.600M $8.700M $12.50M
YoY Change -61.17% 14.21% 4.49% 42.5% 186.16% 831.58% -12.64% -30.4%
Cash & Equivalents $133.8M $344.5M $301.7M $288.7M $202.6M $70.80M $7.600M $8.700M $12.50M
Short-Term Investments
Other Short-Term Assets $11.38M $10.56M $7.794M $4.900M $11.00M $11.60M $7.700M $3.700M $4.800M
YoY Change 7.72% 35.54% 59.06% -55.45% -5.17% 50.65% 108.11% -22.92%
Inventory $205.6M $161.3M $119.8M $87.50M $113.4M $99.80M $64.50M $37.90M $43.60M
Prepaid Expenses
Receivables $205.4M $138.3M $89.21M $44.10M $87.90M $92.30M $84.20M $32.30M $32.40M
Other Receivables $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
Total Short-Term Assets $556.2M $654.6M $518.5M $425.1M $414.9M $274.5M $163.9M $82.60M $93.40M
YoY Change -15.04% 26.26% 21.97% 2.46% 51.15% 67.48% 98.43% -11.56%
Property, Plant & Equipment $369.0M $153.2M $151.7M $164.8M $188.3M $142.1M $94.70M $74.90M $76.30M
YoY Change 140.89% 1.01% -7.98% -12.48% 32.51% 50.05% 26.44% -1.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $214.4M $303.2M $304.1M $217.8M $223.9M $160.4M $0.00 $0.00 $0.00
YoY Change -29.31% -0.28% 39.63% -2.72% 39.59%
Total Long-Term Assets $966.4M $464.3M $463.6M $390.5M $420.1M $310.2M $102.6M $82.70M $84.20M
YoY Change 108.16% 0.14% 18.72% -7.05% 35.43% 202.34% 24.06% -1.78%
Total Assets $1.523B $1.119B $982.1M $815.6M $835.0M $584.7M $266.5M $165.3M $177.6M
YoY Change
Accounts Payable $71.84M $47.78M $42.82M $20.20M $41.00M $42.00M $35.10M $14.00M $8.900M
YoY Change 50.37% 11.58% 111.97% -50.73% -2.38% 19.66% 150.71% 57.3%
Accrued Expenses $42.50M $31.41M $30.17M $12.20M $25.00M $12.50M $9.300M $5.900M $6.800M
YoY Change 35.3% 4.09% 147.33% -51.2% 100.0% 34.41% 57.63% -13.24%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $7.280M $5.933M $4.867M $3.800M $6.700M $7.400M $7.200M $3.700M $2.600M
YoY Change 22.7% 21.9% 28.08% -43.28% -9.46% 2.78% 94.59% 42.31%
Total Short-Term Liabilities $175.7M $116.6M $92.57M $48.90M $91.10M $74.60M $52.90M $24.10M $19.60M
YoY Change 50.59% 26.01% 89.31% -46.32% 22.12% 41.02% 119.5% 22.96%
Long-Term Debt $9.352M $6.436M $5.811M $2.200M $3.900M $8.700M $249.4M $244.3M $250.6M
YoY Change 45.31% 10.76% 164.14% -43.59% -55.17% -96.51% 2.09% -2.51%
Other Long-Term Liabilities $269.2M $283.4M $287.5M $212.9M $222.2M $138.0M $0.00 $500.0K
YoY Change -5.01% -1.42% 35.03% -4.19% 61.01% -100.0%
Total Long-Term Liabilities $278.5M $289.8M $293.3M $215.1M $226.1M $146.7M $249.4M $244.3M $251.1M
YoY Change -3.9% -1.18% 36.35% -4.87% 54.12% -41.18% 2.09% -2.71%
Total Liabilities $657.0M $547.0M $513.4M $462.6M $507.5M $407.1M $302.7M $268.6M $270.7M
YoY Change 20.12% 6.53% 10.99% -8.85% 24.66% 34.49% 12.7% -0.78%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $4.4857 Billion

About Cactus Inc

Cactus, Inc. is a holding company, which engages in the design, manufacture and sale of wellhead and pressure control equipment. The company is headquartered in Houston, Texas and currently employs 1,600 full-time employees. The company went IPO on 2018-02-08. The firm operates through two segments. The Pressure Control segment designs, manufactures, sells and rents a range of wellheads and pressure control equipment under the Cactus Wellhead brand. The segment’s products are sold and rented principally' for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of its customers' wells. In addition, it provides field services for all of 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 pipe and associated end fittings under the FlexSteel brand. Its customers use these products primarily as production, gathering and takeaway pipelines to transport oil, gas or other liquids. In addition, it also provides field services and rental items to assist its customers with the installation of these products.

Industry: Oil & Gas Field Machinery & Equipment Peers: ChampionX Corp Baker Hughes Co Halliburton Co NEXTIER OILFIELD SOLUTIONS INC. Liberty Energy Inc Nov Inc ProFrac Holding Corp Schlumberger NV Weatherford International PLC