NYSE$WHD

Cactus · Q4 2021 earnings

Q4 2021 earnings · · Investor relations

Briefing

Cactus reported strong Q4 2021 results driven by increased drilling activity and market share gains.

Cactus delivered impressive Q4 2021 results, exceeding expectations with significant revenue growth and improved profitability. The company benefited from increased drilling activity and successful market share gains.

  • Revenue increased significantly due to higher drilling activity.
  • Profitability improved driven by operational efficiencies.
  • The company gained market share in key product lines.
  • Cactus provided positive guidance for the upcoming year.

Headline financials

Total Revenue

$130M

Previous: $68.1M+90.8%
EPS (adj)

$0.25

Previous: $0.08+212.5%
Adjusted EBITDA

$39M

Previous: $24.7M+57.7%
Operating Income Margin

16.6%

Previous: 0.2%+9960.6%
Net Income Margin

12.5%

Previous: 0.1%+9159.3%
Net Income

$20.6M

Previous: $12.8M+61.0%
Operating Income

$27.2M

Previous: $15.6M+73.9%

Revenue & EPS history

Cactus · Revenue · Quarterly

$130M

Q4 2021+90.8%vs Q4 2020
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Forward guidance

Cactus anticipates continued growth in the upcoming year, driven by increased drilling activity and expansion in key markets.

Tailwinds

  • Increased drilling activity expected to continue.
  • Expansion in key geographic markets.
  • Strong demand for existing product lines.
  • New product introductions planned.
  • Focus on operational efficiencies to improve profitability.

Headwinds

  • Potential supply chain disruptions.
  • Fluctuations in commodity prices.
  • Increased competition in certain markets.
  • Uncertainty related to regulatory changes.
  • Impact of inflation on operating costs.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q4 2021

Historical avgQ4 2021

+1.5%

Avg return

Earnings day

+2.6%

Avg return

5 days after

+0.6%

Avg return

30 days after

67%

22 / 33 earnings

Positive

+15.7%

Q1 2020

Best reaction

-11.2%

Q4 2025

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.5%-0.1%+0.8%
Q4 2025-11.2%-13.4%-16.6%
Q3 2025+2.0%+2.1%+1.5%
Q1 2025+4.6%+4.9%+8.1%
Q4 2024-8.9%-15.1%-20.1%
Q3 2024+3.9%+7.5%+20.3%
Q2 2024+6.7%+9.0%+5.0%
Q1 2024-0.7%-1.6%-9.0%
Q4 2023-0.2%-1.0%+7.1%
Q3 2023+0.1%+1.0%-4.6%
Q2 2023+2.8%+3.9%+10.4%
Q1 2023-3.6%-8.8%+6.0%
Q4 2022+0.3%-2.7%-20.3%
Q3 2022+6.8%+7.5%-4.8%
Q2 2022+2.3%+10.2%+4.8%
Q1 2022-7.4%-15.3%+0.4%
Q4 2021-0.5%+5.8%+17.9%
Q3 2021-4.6%+0.4%-18.6%
Q2 2021+1.7%-0.1%+5.4%
Q1 2021+8.1%+2.5%+22.2%
Q4 2020+10.4%-2.8%-6.6%
Q3 2020+3.7%+29.6%+51.5%
Q2 2020+1.9%+6.1%+5.2%
Q1 2020+15.7%+6.6%+24.1%
Q4 2019-3.4%+6.6%-57.3%
Q3 2019+1.6%+6.9%+3.2%
Q2 2019+1.7%-4.8%-13.7%
Q1 2019+2.2%+3.6%-10.3%
Q4 2018-1.0%+2.7%+3.4%
Q3 2018+4.7%+10.5%-13.8%
Q2 2018+4.9%+5.9%+4.5%
Q1 2018+6.0%+12.5%+12.5%
Q4 2017+3.3%+4.7%+2.2%
Q2 2017
Q1 2017
Q4 2016
Q3 2016
Q2 2016
Q1 2016

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