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Cactus, Inc. (WHD) Stock Fundamental Analysis & AI Rating 2026

WHD NYSE Oil & Gas Field Machinery & Equipment CIK: 0001699136
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2025-12-31
HOLD
78% Conf
Pending
Analysis scheduled

📊 WHD Key Takeaways

Revenue: $1.1B
Net Margin: 15.4%
Free Cash Flow: $258.4M
Current Ratio: 5.81x
Debt/Equity: 0.00x
EPS: $0.19
AI Rating: HOLD with 78% confidence
Cactus, Inc. (WHD) receives a HOLD rating with 78% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $1.1B, net profit margin of 15.4%, and return on equity (ROE) of 13.5%, Cactus, Inc. demonstrates mixed fundamentals in the Industrial sector. Below is our complete WHD stock analysis for 2026.

Is Cactus, Inc. (WHD) a Good Investment?

Claude

Cactus exhibits fortress-like financial health with zero debt, exceptional liquidity (5.81x current ratio), and robust free cash flow generation ($258.4M, 23.9% margin). However, deteriorating fundamentals—revenue declining 4.5% YoY and net income down 17.7%—reflect cyclical oil & gas equipment market weakness. Recommend waiting for stabilization signals before commitment.

Why Buy Cactus, Inc. Stock? WHD Key Strengths

Claude
  • + Zero long-term debt with pristine balance sheet and $123.6M cash
  • + Exceptional liquidity metrics (5.81x current ratio, 4.42x quick ratio)
  • + Strong profitability margins (23.2% operating margin, 15.4% net margin) despite cyclical downturn
  • + Robust free cash flow generation of $258.4M with 23.9% FCF margin

WHD Stock Risks: Cactus, Inc. Investment Risks

Claude
  • ! Declining revenue (-4.5% YoY) and net income (-17.7% YoY) reflecting sector headwinds
  • ! Cyclical exposure to oil & gas capital expenditure patterns and commodity price volatility
  • ! EPS growth despite declining earnings indicates reliance on share buybacks rather than operational growth

Key Metrics to Watch

Claude
  • * Revenue growth stabilization and recovery trajectory
  • * Operating margin sustainability as leverage impacts bottom line
  • * Free cash flow resilience relative to declining earnings
  • * Capital allocation priorities and balance sheet deployment strategies

Cactus, Inc. (WHD) Financial Metrics & Key Ratios

Revenue
$1.1B
Net Income
$166.0M
EPS (Diluted)
$0.19
Free Cash Flow
$258.4M
Total Assets
$1.9B
Cash Position
$123.6M

💡 AI Analyst Insight

The 23.9% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. Strong liquidity with a 5.81x current ratio provides a solid financial cushion.

WHD Profit Margin, ROE & Profitability Analysis

Gross Margin N/A
Operating Margin 23.2%
Net Margin 15.4%
ROE 13.5%
ROA 8.9%
FCF Margin 23.9%

WHD vs Industrial Sector: How Cactus, Inc. Compares

How Cactus, Inc. compares to Industrial sector averages

Net Margin
WHD 15.4%
vs
Sector Avg 10.0%
WHD Sector
ROE
WHD 13.5%
vs
Sector Avg 15.0%
WHD Sector
Current Ratio
WHD 5.8x
vs
Sector Avg 1.8x
WHD Sector
Debt/Equity
WHD 0.0x
vs
Sector Avg 0.7x
WHD Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is Cactus, Inc. Stock Overvalued? WHD Valuation Analysis 2026

Based on fundamental analysis, Cactus, Inc. appears fundamentally strong relative to the Industrial sector in 2026.

Return on Equity
13.5%
Sector avg: 15%
Net Profit Margin
15.4%
Sector avg: 10%
Revenue Growth
N/A
Year-over-year
Debt/Equity
0.00x
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

Cactus, Inc. Balance Sheet: WHD Debt, Cash & Liquidity

Current Ratio
5.81x
Quick Ratio
4.42x
Debt/Equity
0.00x
Debt/Assets
23.4%
Interest Coverage
360.43x
Long-term Debt
$0.0

WHD Revenue & Earnings Growth: 5-Year Financial Trend

WHD 5-year financial data: Year 2021: Revenue $628.4M, Net Income $85.6M, EPS N/A. Year 2022: Revenue $688.4M, Net Income $34.4M, EPS N/A. Year 2023: Revenue $1.1B, Net Income $49.6M, EPS N/A. Year 2024: Revenue $1.1B, Net Income $110.2M, EPS N/A. Year 2025: Revenue $1.1B, Net Income $169.2M, EPS N/A.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: Cactus, Inc.'s revenue has grown significantly by 80% over the 5-year period, indicating strong business expansion. The most recent EPS of $0.14 reflects profitable operations.

WHD Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
23.9%
Free cash flow / Revenue

WHD Quarterly Earnings & Performance

Quarterly financial performance data for Cactus, Inc. including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2025 $264.0M $41.6M N/A
Q2 2025 $273.6M $40.3M N/A
Q1 2025 $274.1M $39.0M N/A
Q3 2024 $287.9M $49.9M N/A
Q2 2024 $290.4M $24.8M N/A
Q1 2024 $228.4M $39.0M N/A
Q3 2023 $184.5M $31.4M N/A
Q2 2023 $170.2M $24.8M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

Cactus, Inc. Dividends, Buybacks & Capital Allocation

Operating Cash Flow
$258.4M
Cash generated from operations
Stock Buybacks
$5.9M
Shares repurchased (TTM)
Dividends Paid
$37.4M
Returned to shareholders

WHD SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for Cactus, Inc. (CIK: 0001699136)

📋 Recent SEC Filings

Date Form Document Action
Mar 31, 2026 DEF 14A whd-20260331.htm View →
Mar 27, 2026 8-K whd-20260324.htm View →
Mar 16, 2026 8-K whd-20260316.htm View →
Mar 12, 2026 4 xslF345X05/wk-form4_1773362091.xml View →
Mar 12, 2026 4 xslF345X05/wk-form4_1773362086.xml View →

Frequently Asked Questions about WHD

What is the AI rating for WHD?

Cactus, Inc. (WHD) has an AI rating of HOLD with 78% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WHD's key strengths?

Claude: Zero long-term debt with pristine balance sheet and $123.6M cash. Exceptional liquidity metrics (5.81x current ratio, 4.42x quick ratio).

What are the risks of investing in WHD?

Claude: Declining revenue (-4.5% YoY) and net income (-17.7% YoY) reflecting sector headwinds. Cyclical exposure to oil & gas capital expenditure patterns and commodity price volatility.

What is WHD's revenue and growth?

Cactus, Inc. reported revenue of $1.1B.

Does WHD pay dividends?

Cactus, Inc. pays dividends, with $37.4M distributed to shareholders in the trailing twelve months.

Where can I find WHD SEC filings?

Official SEC filings for Cactus, Inc. (CIK: 0001699136) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WHD's EPS?

Cactus, Inc. has a diluted EPS of $0.19.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WHD a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, Cactus, Inc. has a HOLD rating with 78% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WHD stock overvalued or undervalued?

Valuation metrics for WHD: ROE of 13.5% (sector avg: 15%), net margin of 15.4% (sector avg: 10%). Compare these metrics with sector averages to assess valuation.

Should I buy WHD stock in 2026?

Our dual AI analysis gives Cactus, Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability above sector average. Always conduct your own research.

What is WHD's free cash flow?

Cactus, Inc.'s operating cash flow is $258.4M, with capital expenditures of N/A. FCF margin is 23.9%.

How does WHD compare to other Industrial stocks?

Vs Industrial sector averages: Net margin 15.4% (avg: 10%), ROE 13.5% (avg: 15%), current ratio 5.81 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2025-12-31 | Powered by Claude AI