Cactus, Inc. (WHD) Return on equity 2018–2025
Cactus, Inc. (WHD) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.5%FY2025 · since FY2018: 29.1% → 13.5%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 13.5% | -3.8 pp |
| FY2024 | 17.3% | -2.2 pp |
| FY2023 | 19.5% | +0.3 pp |
| FY2022 | 19.3% | +8.7 pp |
| FY2021 | 10.6% | +0.8 pp |
| FY2020 | 9.8% | -16.4 pp |
| FY2019 | 26.1% | -2.9 pp |
| FY2018 | 29.1% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice