Cactus Inc (WHD)

Net profit margin

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Net income (ttm) US$ in thousands 185,407 187,667 190,320 165,242 169,171 151,213 130,058 132,452 110,174 94,209 75,401 58,650 49,593 37,771 31,387 27,022 34,446 49,302 62,408 77,788
Revenue (ttm) US$ in thousands 1,129,814 1,132,559 1,127,248 1,142,678 1,096,960 1,009,868 906,479 770,875 688,369 630,511 561,393 500,071 438,589 376,763 321,189 278,844 348,566 420,714 521,733 623,678
Net profit margin 16.41% 16.57% 16.88% 14.46% 15.42% 14.97% 14.35% 17.18% 16.01% 14.94% 13.43% 11.73% 11.31% 10.03% 9.77% 9.69% 9.88% 11.72% 11.96% 12.47%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $185,407K ÷ $1,129,814K
= 16.41%

The net profit margin of Cactus Inc has shown some fluctuations over the reporting periods from March 31, 2020 to December 31, 2024. Initially, the net profit margin was relatively stable around 11-12% range in early 2020, gradually decreasing to around 9-10% by March 31, 2021.

However, there was a positive trend observed thereafter, with the net profit margin increasing steadily to reach its peak at 16.88% by June 30, 2024. This improvement can be seen as a positive sign of the company's operational efficiency and profitability.

In the last two quarters of 2024, the net profit margin remained relatively stable around 16-16.5%, indicating a sustained level of profitability during that period.

Overall, the trend in the net profit margin of Cactus Inc demonstrates fluctuations in profitability over time but with an overall positive trajectory towards the later reporting periods, reflecting potential improvements in the company's financial performance.