Cactus, Inc.WHD

NYSEIndustrialsOil & Gas Field Machinery & Equipment
Price (close)
$65.20
Market cap
—
P/E
—
Revenue (TTM)
$1.4B
Net income
$163.4M
Dividend yield
0.87%
1-year total return
61.4%
Net margin
12.0%
Revenue growth
21.8%
Debt / equity
0.00x

What Cactus, Inc. does.

Cactus, Inc. (“Cactus Inc.”) was incorporated on February 17, 2017 as a Delaware corporation for the purpose of completing an initial public offering of equity, which was completed on February 12, 2018 (our “IPO”). We began operating in August 2011 following the formation of Cactus Wellhead, LLC (“Cactus LLC”) in part by Scott Bender and Joel Bender, who have owned or operated wellhead manufacturing businesses since the late 1970s.

"The Company" is primarily engaged in the design, manufacture, sale and rental of highly engineered pressure control and spoolable pipe technologies. Our products are sold and rented principally for onshore unconventional oil and gas wells and are utilized during the drilling, completion and production phases of our customers’ wells. We also provide field services for all of our products and rental items to assist with the installation, maintenance and handling of the equipment. Additionally, we offer repair and refurbishment services as appropriate. We operate through service centers and pipe yards located in the United States, Canada and Australia. We also provide rental and service operations in the Middle East and other select international markets. Our primary manufacturing and production facilities are in Bossier City, Louisiana, Baytown, Texas and Suzhou, China. In addition, a new plant is commencing production in Vietnam. Our corporate headquarters are located in Houston, Texas.

Revenue and profit, by fiscal year.

Fiscal year202020212022202320242025
Revenue$348.6M$438.6M$688.4M$1.1B$1.1B$1.1B
Net income$34.4M$49.6M$110.2M$169.2M$185.4M$166.0M

More on WHD.

Figures from Cactus, Inc.'s filings with the U.S. SEC, standardised automatically; prices are end-of-day closes. Not financial advice.