WHDCactus, Inc.
Oil & Gas Field Machinery & Equipment
- Revenue
- $1.1B
- 4.5% YoY
- Operating margin
- 23.2%
- 9.4% YoY
- EBITDA
- $314M
- 10% YoY
- Market cap
- —
- Employees
- —
- Net debt / EBITDA
- -1.1×
- −$354M net debt
- AI in 10-K
- —
Red flags 0 of 9
- TSR below peersClear—3+ of last 5 years
- High CEO pay despite TSRClear—Median CEO pay ≥ $15M and TSR flag
- Active 13DClear0 filingsActive-intent 13D in 18 months
- Net insider sellingClear$0 netNet sales over $10M in 12 months
- Earnings not backed by cashClear156% of net incomeCash flow under 80% of net income
- Dilutive SBCClear2% of revenueOver 10% of revenue
- Payouts exceed cash flowClear17% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyClear11% of assetsOver 40% of assets
- Shareholder dissentClear—Any vote under 80% support
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $439M | $688M | $1.1B | $1.1B | $1.1B | 4.5% |
| Operating income | $75M | $175M | $264M | $290M | $251M | 14% |
| Net income | $50M | $110M | $169M | $185M | $166M | 10% |
| Operating cash flow | $64M | $118M | $340M | $316M | $258M | 18% |
| Stock-based comp | $9M | $11M | $18M | $23M | $24M | 7.0% |
| Buybacks | $3M | $5M | $5M | $9M | $6M | 36% |
| Dividends | $21M | $27M | $30M | $34M | $37M | 11% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $19M · 4
- Net
- −$19M
Pay vs performance
No pay-versus-performance disclosure yet.