Cactus vs Select Water Solutions
Select Water Solutions is the larger business, with $1.41bn of revenue in fiscal 2025 against $1.08bn for Cactus (1.3 times as much). Select Water Solutions grew faster (-3.1% against -4.5%). Cactus kept more of each dollar of sales as profit: a net margin of 15.4% against 1.5%.
| Latest fiscal year | CactusWHD, 2025 | Select Water SolutionsWTTR, 2025 |
|---|---|---|
| Revenue | $1.08bn | $1.41bn |
| Revenue growth | -4.5% | -3.1% |
| Net income | $166m | $21.2m |
| Operating margin | — | — |
| Net margin | 15.4% | 1.5% |
| Return on equity | 14.5% | 2.7% |
| Free cash flow | — | −$79.9m |
| Cash | $124m | $18.1m |
| Total debt | $0 | $320m |
| Debt to equity | — | — |
| Dividend per share | — | — |
| Dividend yield | 0.9% | 1.5% |
| Share buybacks | $5.9m | $7.3m |
| Employees | 1,500 | — |
| Market value | $4.33bn | $2.37bn |
| Price vs our value range | — | — |
| Moat score | 86 (Strong) | 9 (Weak) |
| Insider trades, 12 months | 0 buys, 22 sales | 0 buys, 25 sales |