| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 44 | 29.9x | 17.8x | Around median | |
Growth | 74 | 21.8% | 7.1% | Top tier | |
Quality | 78 | 15.2% | 4.5% | Top tier | |
Safety | 86 | — | 2.6x | Top tier | |
Capital Return | 32 | 0.81% | 2.12% | Bottom tier | |
Momentum | 89 | 63.0% | 2.9% | Top tier | |
Sentiment | 24 | 4 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
Cactus, Inc. supplies the oil and gas sector with engineered products and services through two main businesses: Pressure Control and Spoolable Technologies. Pressure Control serves drilling and well-control operations in the United States and international markets, while Spoolable Technologies sells spoolable pipe systems, including FlexSteel, to accelerate production tie-ins and serve high-specification applications; the company also seeks to expand SafeDrill internationally through Cactus International's presence in Saudi Arabia, Abu Dhabi, Kuwait, and Algeria.
In Q2 of fiscal 2026, revenue was $449.5 million, gross profit was $149.7 million, and net income was $49.0 million. These figures equate to a gross margin of approximately 33.3% and a net income margin of approximately 10.9%, compared with revenue of $388.3 million, gross profit of $111.6 million, and net income of $32.9 million in Q1 of fiscal 2026; representing sequential revenue growth of approximately 15.8%, with the gross margin improving from approximately 28.7%.
The Q1 fiscal 2026 earnings call shows that Pressure Control was the larger business, with revenue of $300 million, compared with approximately $90 million for Spoolable Technologies. In that quarter, the company recorded adjusted earnings before interest, taxes, depreciation, and amortization of $100 million and an adjusted margin of 25.8%, and ended the period with $292 million in cash and a backlog of $537 million, with the vast majority of this balance concentrated in international Pressure Control.
Automated analysis for informational purposes only — not investment advice.
The analysts' average price target is $72.67, within a very narrow range of $72 to $74, with a neutral consensus; the average is very close to the upper end of the 52-week range of $74.07, compared with a low of $33.20. No price-to-earnings ratio is available in the data, so valuation cannot be assessed on an earnings basis, while the neutral consensus and narrow target range limit the strength of the bullish conclusion despite the improvement in Q2 fiscal 2026 results.
Figures in the text are as of 2026-08-30; the live price is shown at the top of the page.
Q2 fiscal 2026 revenue was approximately $449.5 million, up from $388.3 million in Q1 fiscal 2026. Gross profit increased to $149.7 million from $111.6 million, raising the calculated gross margin to approximately 33.3% from approximately 28.7%. Net income also rose to $49.0 million from $32.9 million, but the available financial statements do not break down each business's contribution to Q2 results.
Cactus International contributed to increasing Pressure Control revenue to $300 million in Q1 fiscal 2026, an increase of approximately 70% from the previous quarter. Management raised the acquisition's annual synergy target from $10 million to $15 million and said on May 7, 2026, that the organizational measures needed to achieve it had been completed. Management does not expect material supply-chain savings before the second half of fiscal 2027 due to the 9-to-15-month project procurement cycle.
The business generated revenue of $90 million in Q1 fiscal 2026, up 6.8% from the previous quarter, and recorded record revenue from outside the United States. After quarter-end, it secured additional orders from Latin America totaling approximately $30 million for delivery during fiscal 2026 and shipped its first order of sour-service equipment to the Middle East in April 2026. On May 7, 2026, management forecast an adjusted earnings before interest, taxes, depreciation, and amortization margin of between 36% and 38% for the business in Q2 fiscal 2026.
The conflict had a modest impact on Pressure Control's revenue and income in the Middle East during Q1 fiscal 2026, while strength in the U.S. market offset part of the delay. Management's May 7, 2026 forecast assumed that the situation would persist throughout Q2 fiscal 2026, with higher logistics expenses and lower manufacturing cost absorption at Cactus International. It also explained that alternative shipping routes around the Arabian Peninsula could add approximately 30 days and that a backlog of nearly 1,600 vessels could delay the return to normal operations by several months.
The company ended Q1 fiscal 2026 with a cash balance of $292 million, while net capital expenditures were approximately $9 million. The balance includes $98 million allocated to restructuring legal entities with Baker Hughes, offset by a liability recorded in accounts payable. Unbilled receivables at Cactus International also remained elevated, and management expects improving billing and collection speed to take a few quarters.
The analyst consensus is neutral, with an average price target of $72.67 within a range of $72 to $74. The average is close to the 52-week high of $74.07, while the low of the range is $33.20, and no price-to-earnings ratio is available in the data. Cautionary signals include pressure on Pressure Control margins, Middle East disruptions, tariffs of up to 75% on most imports from China, and insider net selling of $16.7 million during the three months through August 7, 2026, with the possibility that those sales were prearranged. Invest carefully.
