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Cactus Valuation Multiples
Discover revenue and EBITDA valuation multiples for Cactus and similar public comparables like USA Compression, Solaria Energia, Plug Power, Xinyi Solar and more.
Cactus Overview
About Cactus
Cactus Inc is engaged in the designing, manufacturing, and sale of wellheads and pressure control equipment. Its principal products include Cactus SafeDrill wellhead systems, conventional wellheads, and production valves among others. The company also provides mission-critical field services, including service crews to assist with the installation, maintenance, and safe handling of the wellhead and pressure control equipment, as well as repair services for equipment that it sells or rents. It sells or rents its products principally for onshore unconventional oil and gas wells that are utilized during the drilling, completion (including fracturing), and production. The company has two operating segments; Pressure Control, which generates key revenue and Spoolable Technologies.
Founded
2017
HQ

Employees
1.6K
Website
Sectors
Financials (LTM)
EV
$4B
Cactus Financials
Cactus reported last 12-month revenue of $1B and EBITDA of $362M.
In the same LTM period, Cactus generated $273M in gross profit, $362M in EBITDA, and $181M in net income.
Revenue (LTM)
Cactus P&L
In the most recent fiscal year, Cactus reported revenue of $1B and EBITDA of $348M.
Cactus expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $1B | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | $273M | XXX | $399M | XXX | XXX | XXX |
| Gross Margin | 22% | XXX | 37% | XXX | XXX | XXX |
| EBITDA | $362M | XXX | $348M | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 32% | XXX | XXX | XXX |
| EBIT Margin | 23% | XXX | 25% | XXX | XXX | XXX |
| Net Profit | $181M | XXX | $166M | XXX | XXX | XXX |
| Net Margin | 15% | XXX | 15% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Cactus Stock Performance
Cactus has current market cap of $4B, and enterprise value of $4B.
Market Cap Evolution
Cactus' stock price is $52.68.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $4B | $4B | -1.9% | XXX | XXX | XXX | $2.39 |
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Start Free TrialCactus Valuation Multiples
Cactus trades at 2.9x EV/Revenue multiple, and 9.9x EV/EBITDA.
EV / Revenue (LTM)
Cactus Financial Valuation Multiples
As of April 18, 2026, Cactus has market cap of $4B and EV of $4B.
Equity research analysts estimate Cactus' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Cactus has a P/E ratio of 20.2x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV (current) | $4B | XXX | $4B | XXX | XXX | XXX |
| EV/Revenue | 2.9x | XXX | 3.3x | XXX | XXX | XXX |
| EV/EBITDA | 9.9x | XXX | 10.3x | XXX | XXX | XXX |
| EV/EBIT | 12.9x | XXX | 13.3x | XXX | XXX | XXX |
| EV/Gross Profit | 13.1x | XXX | 8.9x | XXX | XXX | XXX |
| P/E | 20.2x | XXX | 22.0x | XXX | XXX | XXX |
| EV/FCF | 16.5x | XXX | 16.3x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Cactus Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


Cactus Margins & Growth Rates
Cactus' revenue in the last 12 month grew by 29%.
Cactus' revenue per employee in the last FY averaged $0.7M, while opex per employee averaged $0.1M for the same period.
Cactus' rule of 40 is 68% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Cactus' rule of X is 132% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
Cactus Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 29% | XXX | 42% | XXX | XXX | XXX |
| EBITDA Margin | 30% | XXX | 32% | XXX | XXX | XXX |
| EBITDA Growth | 15% | XXX | 14% | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 68% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 132% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.7M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $0.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 14% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Cactus Public Comps
See public comps and valuation multiples for other Energy Equipment comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cactus | XXX | XXX | XXX | XXX | XXX | XXX |
| USA Compression | XXX | XXX | XXX | XXX | XXX | XXX |
| Solaria Energia | XXX | XXX | XXX | XXX | XXX | XXX |
| Plug Power | XXX | XXX | XXX | XXX | XXX | XXX |
| Xinyi Solar | XXX | XXX | XXX | XXX | XXX | XXX |
| LAPLACE | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
Cactus M&A Activity
Cactus acquired XXX companies to date.
Last acquisition by Cactus was on XXXXXXXX, XXXXX. Cactus acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Cactus
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialCactus Investment Activity
Cactus invested in XXX companies to date.
Cactus made its latest investment on XXXXXXXX, XXXXX. Cactus invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Cactus
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout Cactus
| When was Cactus founded? | Cactus was founded in 2017. |
| Where is Cactus headquartered? | Cactus is headquartered in United States. |
| How many employees does Cactus have? | As of today, Cactus has over 1K employees. |
| Who is the CEO of Cactus? | Cactus' CEO is Scott Bender. |
| Is Cactus publicly listed? | Yes, Cactus is a public company listed on NYSE. |
| What is the stock symbol of Cactus? | Cactus trades under WHD ticker. |
| When did Cactus go public? | Cactus went public in 2018. |
| Who are competitors of Cactus? | Cactus main competitors are USA Compression, Solaria Energia, Plug Power, Xinyi Solar. |
| What is the current market cap of Cactus? | Cactus' current market cap is $4B. |
| What is the current revenue of Cactus? | Cactus' last 12 months revenue is $1B. |
| What is the current revenue growth of Cactus? | Cactus revenue growth (NTM/LTM) is 29%. |
| What is the current EV/Revenue multiple of Cactus? | Current revenue multiple of Cactus is 2.9x. |
| Is Cactus profitable? | Yes, Cactus is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Cactus? | Cactus' last 12 months EBITDA is $362M. |
| What is Cactus' EBITDA margin? | Cactus' last 12 months EBITDA margin is 30%. |
| What is the current EV/EBITDA multiple of Cactus? | Current EBITDA multiple of Cactus is 9.9x. |
| What is the current FCF of Cactus? | Cactus' last 12 months FCF is $217M. |
| What is Cactus' FCF margin? | Cactus' last 12 months FCF margin is 18%. |
| What is the current EV/FCF multiple of Cactus? | Current FCF multiple of Cactus is 16.5x. |
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