Cactus Gross Profit from 2010 to 2024

WHD Stock  USD 68.66  0.96  1.42%   
Cactus' Gross Profit is increasing over the years with slightly volatile fluctuation. Overall, Gross Profit is expected to go to about 426.6 M this year. Gross Profit is the profit Cactus Inc makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2015-12-31
Previous Quarter
109.9 M
Current Value
114.3 M
Quarterly Volatility
39.1 M
 
Yuan Drop
 
Covid
Check Cactus financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cactus' main balance sheet or income statement drivers, such as Tax Provision of 40.4 M, Interest Income of 6.8 M or Depreciation And Amortization of 38.4 M, as well as many indicators such as Price To Sales Ratio of 4.58, Dividend Yield of 0.0118 or PTB Ratio of 3.56. Cactus financial statements analysis is a perfect complement when working with Cactus Valuation or Volatility modules.
  
Check out the analysis of Cactus Correlation against competitors.

Latest Cactus' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Cactus Inc over the last few years. 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. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. Cactus' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cactus' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 242.45 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Cactus Gross Profit Regression Statistics

Arithmetic Mean152,890,107
Geometric Mean114,029,624
Coefficient Of Variation82.80
Mean Deviation101,857,742
Median111,618,000
Standard Deviation126,597,208
Sample Variance16026.9T
Range396.8M
R-Value0.80
Mean Square Error6085.1T
R-Squared0.65
Significance0.0003
Slope22,777,594
Total Sum of Squares224375.9T

Cactus Gross Profit History

2024426.6 M
2023406.3 M
2022242.4 M
2021121.4 M
2020111.6 M
2019234.8 M
2018218.2 M

Other Fundumenentals of Cactus Inc

Cactus Gross Profit component correlations

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About Cactus Financial Statements

Cactus stakeholders use historical fundamental indicators, such as Cactus' Gross Profit, to determine how well the company is positioned to perform in the future. Although Cactus investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cactus' assets and liabilities are reflected in the revenues and expenses on Cactus' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cactus Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Gross Profit406.3 M426.6 M
Gross Profit Margin 0.37  0.26 

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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 the analysis of Cactus Correlation against competitors.
You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
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
2.84
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.