WHD Q4 2023 Earnings — Cactus, Inc. Revenue & Financial Results | Market Cap Arena

WHDCactus, Inc.

$3B

Q4 2023 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$275M+46.4% YoY

Gross Profit

$105M38.2% margin

Operating Income

$80M29.2% margin

Net Income

$49M17.8% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-4.5%

Cash Flow

Operating Cash Flow

$92M

Free Cash Flow

$81M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$458M

Stockholders' Equity

$866M

Cash & Equivalents

$134M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$275M	$188M	+46.4%
Gross Profit	$105M	$71M	+47.5%
Operating Income	$80M	$48M	+66.6%
Net Income	$49M	$31M	+57.9%

Revenue Segments

Product

$205M74%

Product and Service, Other

$41M15%

Rental Revenue

$29M10%