Earnings Summary

Cactus Inc’s revenue fell -5.05% since last year same period to $290.39Mn in the Q2 2024. On a quarterly growth basis, Cactus Inc has generated 5.93% jump in its revenue since last 3-months.

Cactus Inc’s net profit jumped 101.33% since last year same period to $49.83Mn in the Q2 2024. On a quarterly growth basis, Cactus Inc has generated 27.88% jump in its net profits since last 3-months.

Cactus Inc’s net profit margin jumped 112.02% since last year same period to 17.16% in the Q2 2024. On a quarterly growth basis, Cactus Inc has generated 20.72% jump in its net profit margins since last 3-months.

Cactus Inc’s price-to-earnings ratio after this Q2 2024 earnings stands at 20.52.

Cactus Inc’s earning per share (EPS) estimates for the current quarter stand at 0.75 - a 4.17% jump from last quarter’s estimates.

Cactus Inc’s earning per share (EPS) estimates for the current year stand at 0.75.

Cactus Inc’s earning per share (EPS) fell -3.57% since last year same period to 0.81 in the Q2 2024. This indicates that the Cactus Inc has generated -3.57% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Cactus Inc’s return on assets (ROA) stands at 0.13.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Cactus Inc’s return on equity (ROE) stands at 0.23.

Cactus Inc declared 0.24 dividend per share during the earnings announcement for Q2 2024.