← Cactus, Inc.
| Annual Trend | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $66.5m |
$150.3m
+125.83%
|
$156.3m
+4.01%
|
$59.2m
-62.12%
|
$67.5m
+13.94%
|
$145.1m
+115.09%
|
$214.8m
+48.04%
|
$232.8m
+8.34%
|
$201.6m
-13.37%
|
$200.1m
-0.77%
|
|
| Depreciation and amortization | $23.3m | $30.2m | $38.9m | $40.5m | $36.3m | $34.1m | $65.0m | $60.4m | $63.9m | $105.7m | |
| Deferred financing cost amortization | $1.8m | $275k | $168k | $168k | $168k | $165k | $4.5m | $1.1m | $1.1m | — | |
| Deferred income taxes | $220k | $15.2m | $25.4m | $6.9m | $4.8m | $25.3m | $17.3m | $19.8m | $35.1m | $28.6m | |
| Stock-based compensation | — | $4.7m | $7.0m | $8.6m | $8.6m | $10.6m | $18.1m | $22.9m | $24.5m | $26.6m | |
| Accounts receivable | ($50.1m) | ($8.1m) | $4.2m | $44.8m | ($45.5m) | ($49.3m) | ($11.9m) | $13.0m | $26.4m | ($54.6m) | |
| Inventory obsolescence | $1.3m | $1.5m | $2.6m | $4.8m | $3.5m | $2.7m | $5.3m | $3.8m | $3.2m | — | |
| Inventories | ($28.3m) | ($38.2m) | ($17.6m) | $18.2m | ($36.1m) | ($44.9m) | $41.9m | ($25.6m) | ($52.5m) | ($35.2m) | |
| Accounts payable | $19.5m | $7.7m | ($607k) | ($19.4m) | $22.3m | $5.8m | $8.7m | $675k | ($2.1m) | $101.5m | |
| Accrued expenses and other liabilities | $4.1m | $5.1m | $7.0m | ($10.9m) | $16.6m | $2.1m | ($7.4m) | $29.0m | ($15.9m) | — | |
| Prepaid expenses and other assets | ($4.0m) | ($6.5m) | $438k | $6.2m | ($2.8m) | ($3.1m) | $753k | ($2.3m) | ($6.0m) | — | |
| Net cash provided by operating activities | $34.7m |
$167.2m
+381.69%
|
$209.6m
+25.39%
|
$143.4m
-31.60%
|
$63.8m
-55.53%
|
$117.9m
+84.89%
|
$340.3m
+188.66%
|
$316.1m
-7.10%
|
$258.4m
-18.25%
|
$366.9m
+41.97%
|
|
| Capital expenditures and other | ($32.1m) | ($70.1m) | ($59.7m) | ($24.5m) | ($13.9m) | ($28.3m) | ($44.0m) | ($39.2m) | ($38.8m) | ($42.9m) | |
| Net cash used in investing activities | ($30.7m) | ($68.2m) | ($55.9m) | ($18.1m) | ($11.6m) | ($25.5m) | ($654.8m) | ($35.4m) | ($39.1m) | ($338.1m) | |
| Proceeds from the issuance of long-term debt | — | — | — | — | $0 | $0 | $155.0m | $0 | $0 | — | |
| Repayments of borrowings of long-term debt | ($2.6m) | ($248.5m) | $0 | $0 | $0 | $0 | ($155.0m) | $0 | $0 | — | |
| Net proceeds from the issuance of Class A common stock | — | — | — | — | $0 | $0 | $169.9m | $0 | $0 | — | |
| Dividends paid to Class A common stock shareholders | — | $0 | ($4.2m) | ($17.1m) | ($21.2m) | ($26.7m) | ($30.1m) | ($33.7m) | ($37.4m) | ($39.3m) | |
| Net cash (used in) provided by financing activities | ($5.3m) |
($35.0m)
-558.84%
|
($21.7m)
+38.10%
|
($40.2m)
-85.55%
|
($39.4m)
+2.03%
|
($47.4m)
-20.30%
|
$103.3m
+317.96%
|
($70.1m)
-167.92%
|
($69.1m)
+1.54%
|
— | |
| Net increase (decrease) in cash, cash equivalents and restricted cash | ($1.1m) | $63.3m | $131.8m | $86.1m | $13.0m | $42.9m | ($210.7m) | $209.1m | $151.7m | — | |
| Effect of exchange rate changes on cash and cash equivalents | $170k | ($755k) | ($253k) | $1.0m | $272k | ($2.1m) | $503k | ($1.5m) | $1.4m | $689k | |
| Additional Supplementary Disclosures | |||||||||||
| Additional Supplementary Disclosures | |||||||||||
| Provision for expected credit losses | ($100k) | $0 | $355k | $342k | $310k | $406k | $2.6m | $370k | $1.2m | — | |
| Gain on disposal of assets | $534k | $886k | $236k | ($2.5m) | ($1.4m) | ($1.4m) | ($3.2m) | ($1.0m) | ($3.0m) | — | |
| Change in fair value of earn-out liability | — | — | — | — | $0 | $0 | $14.8m | $16.3m | $0 | — | |
| (Gain) loss from revaluation of liability related to tax receivable agreement | — | $0 | ($5.3m) | $555k | ($898k) | $1.9m | ($4.5m) | ($3.2m) | $794k | — | |
| Payments pursuant to tax receivable agreement | — | $0 | ($9.3m) | ($14.2m) | ($9.7m) | ($11.7m) | ($26.9m) | ($20.8m) | ($20.1m) | — | |
| Payment of earn-out liability | — | — | — | — | — | $0 | $0 | ($31.2m) | $0 | — | |
| Acquisition of a business, net of cash and cash equivalents acquired | — | — | — | — | $0 | $0 | ($616.2m) | $0 | $0 | — | |
| Investment in unconsolidated affiliates | — | — | — | — | — | — | $0 | $0 | ($6.0m) | — | |
| Proceeds from sale of assets | $1.4m | $1.9m | $3.8m | $6.3m | $2.3m | $2.8m | $5.4m | $3.8m | $5.7m | — | |
| Payment of contingent consideration | — | — | — | — | — | $0 | $0 | ($6.0m) | $0 | — | |
| Payments of deferred financing costs | — | — | — | $0 | $0 | ($353k) | ($6.9m) | $0 | ($2.4m) | — | |
| Payments on finance leases | — | — | ($7.5m) | ($5.3m) | ($5.2m) | ($6.1m) | ($7.7m) | ($7.9m) | ($7.7m) | — | |
| Distributions to members | — | ($31.8m) | ($8.4m) | ($16.3m) | ($9.7m) | ($9.7m) | ($16.6m) | ($13.3m) | ($15.6m) | — | |
| Repurchases of shares | — | $0 | ($1.5m) | ($1.4m) | ($3.3m) | ($4.6m) | ($5.2m) | ($9.3m) | ($5.9m) | — | |
| Beginning of period | $7.6m | $70.8m | $202.6m | $288.7m | $301.7m | $344.5m | $133.8m | $342.8m | $494.6m | — |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.