Cactus Historical Income Statement

WHD Stock  USD 67.94  1.55  2.23%   
Historical analysis of Cactus income statement accounts such as Tax Provision of 40.4 M, Interest Income of 6.8 M, Depreciation And Amortization of 38.4 M or Interest Expense of 7.2 M can show how well Cactus Inc performed in making a profits. Evaluating Cactus income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Cactus's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Cactus Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Cactus Inc is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.

About Cactus Income Statement Analysis

Cactus Inc Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Cactus shareholders. The income statement also shows Cactus investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Cactus Income Statement Chart

At present, Cactus' Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 126.4 M, whereas Interest Expense is forecasted to decline to about 7.2 M.

Tax Provision

The amount set aside by a company to cover any estimated taxes for the current period. It reflects the company's expected tax liabilities.

Total Revenue

Total revenue comprises all receipts Cactus Inc generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Gross Profit

Gross profit is a required income statement account that reflects total revenue of Cactus Inc minus its cost of goods sold. It is profit before Cactus operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.
Most accounts from Cactus' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Cactus Inc current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
At present, Cactus' Interest Income is projected to decrease significantly based on the last few years of reporting. The current year's Selling General Administrative is expected to grow to about 126.4 M, whereas Interest Expense is forecasted to decline to about 7.2 M.
 2021 2022 2023 2024 (projected)
Interest Income774K3.7M3.8M6.8M
Tax Provision7.7M31.4M38.5M40.4M

Cactus income statement Correlations

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-0.680.7-0.720.66-0.8-0.74-0.69-0.78-0.53-0.54-0.65-0.68-0.7-0.69-0.66-0.01-0.57-0.7-0.69-0.78-0.39
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0.83-0.80.99-0.690.860.850.830.860.810.790.810.830.910.780.820.050.850.85-0.780.720.59
0.55-0.760.61-0.760.360.410.410.410.460.530.40.420.480.180.480.260.690.49-0.390.760.59
Click cells to compare fundamentals

Cactus Account Relationship Matchups

Cactus income statement Accounts

201920202021202220232024 (projected)
Tax Provision32.0M11.0M7.7M31.4M38.5M40.4M
Interest Income879K701K774K3.7M3.8M6.8M
Depreciation And Amortization43.1M40.5M36.3M34.1M65.0M38.4M
Interest Expense879K1.1M959K1.1M10.2M7.2M
Selling General Administrative51.7M39.7M45.6M67.7M120.4M126.4M
Total Revenue628.4M348.6M438.6M688.4M1.1B1.2B
Gross Profit234.8M111.6M121.4M242.4M385.0M404.2M
Other Operating Expenses445.3M276.7M363.2M513.6M832.6M874.2M
Operating Income183.2M70.0M75.4M174.7M264.4M132.9M
Net Income From Continuing Ops156.3M59.2M67.5M145.1M193.5M104.1M
Ebit183.2M71.9M75.4M183.1M291.4M306.0M
Ebitda226.3M112.4M111.7M217.3M356.5M374.3M
Cost Of Revenue393.6M236.9M317.1M445.9M712.0M359.2M
Total Operating Expenses51.7M39.7M46.0M67.7M342.4M359.6M
Income Before Tax188.3M70.2M75.1M176.6M262.4M275.5M
Total Other Income Expense Net5.2M146K(282K)1.8M(2.0M)(2.1M)
Net Income Applicable To Common Shares85.6M34.4M49.6M110.2M126.7M133.0M
Net Income156.3M59.2M67.5M110.2M169.2M86.4M
Income Tax Expense32.0M11.0M7.7M31.4M47.5M49.9M
Minority Interest188.9M24.8M(17.9M)(34.9M)(42.3M)(40.2M)
Net Interest Income879K701K(774K)3.7M(6.5M)(6.8M)
Reconciled Depreciation38.9M40.5M36.3M34.1M58.3M41.1M
Non Operating Income Net Other4.3M(555K)492K(1.9M)(2.2M)(2.1M)

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When determining whether Cactus Inc is a strong investment it is important to analyze Cactus' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cactus' future performance. For an informed investment choice regarding Cactus Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Cactus Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in rate.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cactus. If investors know Cactus will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cactus listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.07)
Dividend Share
0.49
Earnings Share
2.86
Revenue Per Share
17.195
Quarterly Revenue Growth
0.018
The market value of Cactus Inc is measured differently than its book value, which is the value of Cactus that is recorded on the company's balance sheet. Investors also form their own opinion of Cactus' value that differs from its market value or its book value, called intrinsic value, which is Cactus' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cactus' market value can be influenced by many factors that don't directly affect Cactus' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cactus' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cactus is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cactus' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.