RPC vs Cactus
RPC is the larger business, with $1.63bn of revenue in fiscal 2025 against $1.08bn for Cactus (1.5 times as much). RPC grew faster (15.0% against -4.5%). Cactus kept more of each dollar of sales as profit: a net margin of 15.4% against 2.0%.
| Latest fiscal year | RPCRES, 2025 | CactusWHD, 2025 |
|---|---|---|
| Revenue | $1.63bn | $1.08bn |
| Revenue growth | 15.0% | -4.5% |
| Net income | $32.1m | $166m |
| Operating margin | 2.8% | — |
| Net margin | 2.0% | 15.4% |
| Return on equity | 2.9% | 14.5% |
| Free cash flow | $52.9m | — |
| Cash | $210m | $124m |
| Total debt | $50.0m | $0 |
| Debt to equity | 4.5% | — |
| Dividend per share | $0.16 | — |
| Dividend yield | 2.7% | 0.9% |
| Share buybacks | $2.9m | $5.9m |
| Employees | 2,893 | 1,500 |
| Market value | $1.33bn | $4.33bn |
| Price vs our value range | Below our value range | — |
| Moat score | 54 (Moderate) | 86 (Strong) |
| Insider trades, 12 months | 0 buys, 0 sales | 0 buys, 22 sales |