Cactus Inc
WHD
$51.96
Share price
1.66%
Change (1 day)
45.34%
Change (1 year)
Operating Margin for Cactus Inc (WHD)
Operating Margin as of May 2024 (TTM): 21.95%
According to Cactus Inc's latest financial reports and stock price the company's current Operating Margin is 21.95%. At the end of 2022 the company had an Operating Margin of 25.65%.
Operating Margin history for Cactus Inc from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 25.65% | 49.7% |
| 2021 | 17.13% | -14.91% |
| 2020 | 20.14% | -32.81% |
| 2019 | 29.97% | -3.97% |
| 2018 | 31.21% | 56.35% |
| 2017 | 19.96% | -520.05% |
| 2016 | -4.75% | -147.8% |
| 2015 | 9.94% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Oceaneering International
OII | 6.01% | -72.62% | 🇺🇸 USA |
 Oil States International
OIS | 2.03% | -90.75% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.