See more : SIZEMASTERS TECHNOLOGY LIMITED (SIZEMASTER.BO) Income Statement Analysis – Financial Results
Complete financial analysis of Weatherford International plc (WFRD) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Weatherford International plc, a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
You may be interested
- Shriro Holdings Limited (SHM.AX) Income Statement Analysis – Financial Results
- CSR Limited (CSRLF) Income Statement Analysis – Financial Results
- YUMEMITSUKETAI Co.,Ltd. (2673.T) Income Statement Analysis – Financial Results
- QMines Limited (QML.AX) Income Statement Analysis – Financial Results
- C-Com Satellite Systems Inc. (CMI.V) Income Statement Analysis – Financial Results
Weatherford International plc (WFRD)
About Weatherford International plc
Weatherford International plc, an energy services company, provides equipment and services for the drilling, evaluation, completion, production, and intervention of oil, geothermal, and natural gas wells worldwide. The company operates in two segments, Western Hemisphere and Eastern Hemisphere. It offers artificial lift systems, including reciprocating rod, progressing cavity pumping, gas, hydraulic, plunger, and hybrid lift systems, as well as related automation and control systems; pressure pumping and reservoir stimulation services, such as acidizing, fracturing, cementing, and coiled-tubing intervention; and drill stem test tools, surface well testing, and multiphase flow measurement services. The company also provides safety, downhole reservoir monitoring, flow control, and multistage fracturing systems, as well as sand-control technologies, and production and isolation packers; liner hangers to suspend a casing string in high-temperature and high-pressure wells; cementing products, including plugs, float and stage equipment, and torque-and-drag reduction technology for zonal isolation; and pre-job planning and installation services. In addition, it offers directional drilling services, and logging and measurement services while drilling; services related to rotary-steerable systems, high-temperature and high-pressure sensors, drilling reamers, and circulation subs; rotating control devices and advanced automated control systems, as well as closed-loop drilling, air drilling, managed-pressure drilling, and underbalanced drilling services; open hole and cased-hole logging services; and intervention and remediation services. Further, the company provides tubular handling, management, and connection services; and re-entry, fishing, wellbore cleaning, and well abandonment services, as well as patented bottom hole, tubularhandling equipment, pressure-control equipment, and drill pipe and collars. The company was incorporated in 1972 and is based in Houston, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 | 1985 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5.14B | 4.33B | 3.65B | 3.69B | 4.95B | 5.74B | 5.70B | 5.75B | 9.43B | 14.91B | 15.26B | 15.22B | 12.99B | 10.21B | 8.83B | 9.60B | 7.83B | 6.58B | 4.33B | 3.13B | 2.59B | 2.33B | 2.33B | 1.81B | 1.24B | 2.01B | 892.30M | 478.00M | 351.60M | 248.50M | 246.00M | 192.30M | 178.00M | 153.10M | 107.90M | 54.20M | 15.30M | 2.50M | 12.60M |
| Cost of Revenue | 3.40B | 3.02B | 2.72B | 2.81B | 3.85B | 4.51B | 4.89B | 5.19B | 8.02B | 11.46B | 12.30B | 11.86B | 1.91B | 8.85B | 6.46B | 6.24B | 5.06B | 4.22B | 2.95B | 2.16B | 1.83B | 1.58B | 1.53B | 1.05B | 727.20M | 1.26B | 606.10M | 356.70M | 241.50M | 166.80M | 169.40M | 140.20M | 125.10M | 107.20M | 72.90M | 34.20M | 10.00M | 800.00K | 1.90M |
| Gross Profit | 1.74B | 1.31B | 929.00M | 878.00M | 1.10B | 1.23B | 810.00M | 560.00M | 1.41B | 3.45B | 2.96B | 3.36B | 11.08B | 1.37B | 2.36B | 3.36B | 2.77B | 2.36B | 1.38B | 973.02M | 760.78M | 746.79M | 800.00M | 759.95M | 513.00M | 754.60M | 286.20M | 121.30M | 110.10M | 81.70M | 76.60M | 52.10M | 52.90M | 45.90M | 35.00M | 20.00M | 5.30M | 1.70M | 10.70M |
| Gross Profit Ratio | 33.89% | 30.27% | 25.49% | 23.83% | 22.22% | 21.41% | 14.21% | 9.74% | 14.97% | 23.14% | 19.40% | 22.08% | 85.26% | 13.37% | 26.78% | 34.98% | 35.42% | 35.89% | 31.91% | 31.07% | 29.36% | 32.07% | 34.35% | 41.89% | 41.36% | 37.53% | 32.07% | 25.38% | 31.31% | 32.88% | 31.14% | 27.09% | 29.72% | 29.98% | 32.44% | 36.90% | 34.64% | 68.00% | 84.92% |
| Research & Development | 112.00M | 90.00M | 85.00M | 97.00M | 136.00M | 139.00M | 158.00M | 159.00M | 231.00M | 290.00M | 265.00M | 257.00M | 244.70M | 214.48M | 194.65M | 192.66M | 169.32M | 149.43M | 107.36M | 83.55M | 82.93M | 79.59M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 0.00 | 0.00 | -62.00M | 0.00 | 130.00M | 130.00M | 130.00M | 139.00M | 194.00M | 178.00M | 2.04B | 196.00M | 0.00 | 175.17M | 223.17M | 187.08M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 765.00M | 764.00M | 910.00M | 970.00M | 1.35B | 1.73B | 1.73B | 1.59B | 0.00 | 0.00 | 1.24B | 1.08B | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 804.00M | 778.00M | -62.00M | 837.00M | 895.00M | 130.00M | 130.00M | 139.00M | 194.00M | 178.00M | 2.04B | 196.00M | 197.68M | 175.17M | 1.47B | 1.27B | 980.80M | 877.31M | 632.16M | 496.13M | 411.14M | 393.63M | 412.06M | 380.07M | 282.10M | 293.40M | 110.50M | 58.20M | 56.90M | 47.90M | 45.70M | 37.30M | 35.00M | 32.10M | 26.00M | 17.80M | 4.90M | 1.30M | 1.50M |
| Other Expenses | 4.00M | 9.00M | -351.00M | -53.00M | -116.00M | -46.00M | -34.00M | -24.00M | 3.00M | -17.00M | -77.00M | -100.00M | 0.00 | 0.00 | 0.00 | -81.34M | 0.00 | -5.83M | 73.66M | -22.41M | -14.95M | 208.19M | -21.53M | 206.63M | 166.70M | 170.70M | 33.70M | 16.80M | 20.80M | 14.30M | 12.30M | 10.50M | 8.00M | 5.70M | 4.00M | 1.60M | 400.00K | 1.70M | 18.50M |
| Operating Expenses | 920.00M | 877.00M | -328.00M | 934.00M | 1.03B | 368.00M | 2.13B | 2.25B | 1.54B | 1.92B | 2.31B | -1.19B | 582.78M | 581.09M | 1.66B | 1.38B | 1.15B | 1.02B | 813.18M | 557.28M | 479.12M | 681.40M | 390.53M | 586.70M | 448.80M | 464.10M | 144.20M | 75.00M | 77.70M | 62.20M | 58.00M | 47.80M | 43.00M | 37.80M | 30.00M | 19.40M | 5.30M | 3.00M | 20.00M |
| Cost & Expenses | 4.32B | 3.90B | -328.00M | 3.74B | 4.88B | 368.00M | 2.13B | 2.25B | 1.54B | 1.92B | 14.61B | -1.19B | 2.50B | 9.43B | 8.12B | 7.62B | 6.21B | 5.24B | 3.76B | 2.72B | 2.31B | 2.26B | 1.92B | 1.64B | 1.18B | 1.72B | 750.30M | 431.70M | 319.20M | 229.00M | 227.40M | 188.00M | 168.10M | 145.00M | 102.90M | 53.60M | 15.30M | 3.80M | 21.90M |
| Interest Income | 59.00M | 31.00M | 260.00M | 251.00M | 374.00M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.85M | 6.66M | 11.21M | 3.85M | 1.91M | 2.64M | 2.62M | 11.27M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 182.00M | 179.00M | 260.00M | 266.00M | 362.00M | 614.00M | 579.00M | 499.00M | 468.00M | 515.00M | 516.00M | 486.00M | 453.29M | 405.79M | 366.75M | 243.68M | 183.13M | 109.58M | 80.34M | 63.56M | 76.73M | 85.52M | 74.01M | 59.26M | 0.00 | 54.50M | 0.00 | 16.50M | 16.70M | 13.70M | 7.60M | 5.40M | 3.30M | 3.10M | 2.10M | 800.00K | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 327.00M | 349.00M | 440.00M | 503.00M | 481.00M | 556.00M | 801.00M | 956.00M | 1.20B | 1.37B | 1.40B | 1.28B | 1.14B | 1.05B | 906.70M | 731.81M | 606.23M | 483.06M | 345.77M | 272.71M | 249.01M | 230.77M | 223.52M | 206.63M | 166.70M | 170.70M | 33.70M | 16.80M | 20.80M | 14.30M | 12.30M | 10.50M | 8.00M | 5.70M | 4.00M | 1.60M | 400.00K | 1.70M | 17.60M |
| EBITDA | 956.00M | 761.00M | 357.00M | -1.05B | 4.66B | -1.59B | -1.28B | -1.42B | -428.00M | 2.51B | 2.05B | 1.48B | 2.34B | 1.71B | 1.64B | 2.69B | 2.23B | 1.84B | 882.88M | 674.98M | 534.97M | 296.16M | 632.99M | 379.88M | 230.90M | 310.70M | 332.80M | 288.90M | 30.40M | 33.80M | 30.90M | 14.80M | 17.90M | 13.80M | 9.00M | 2.20M | -1.00M | 400.00K | 8.30M |
| EBITDA Ratio | 18.62% | 15.38% | 9.79% | -28.36% | 8.09% | -2.11% | -37.95% | -40.93% | -16.29% | 1.05% | 12.95% | 7.17% | 81.60% | 7.68% | 18.25% | 28.23% | 28.59% | 27.91% | 20.37% | 19.60% | 20.95% | 13.05% | 27.16% | 23.91% | 18.14% | 29.73% | 18.59% | 12.85% | 14.93% | 13.32% | 11.83% | 7.12% | 8.93% | -24.82% | 5.93% | 1.11% | -6.54% | -72.00% | 54.76% |
| Operating Income | 820.00M | 317.00M | -83.00M | -1.55B | -46.00M | -2.08B | -2.13B | -2.25B | -1.55B | 505.00M | 523.00M | 298.00M | 1.32B | 781.45M | 703.86M | 1.98B | 1.62B | 1.34B | 569.43M | 415.75M | 281.65M | 65.39M | 409.47M | 173.24M | 64.20M | 290.50M | 142.00M | 46.30M | 32.40M | 19.50M | 18.60M | 4.30M | 9.90M | 8.10M | 5.00M | 600.00K | -1.40M | -1.30M | -9.30M |
| Operating Income Ratio | 15.97% | 7.32% | -2.28% | -42.01% | -0.93% | -36.28% | -37.36% | -39.15% | -16.39% | 3.39% | 3.43% | 1.96% | 10.19% | 7.65% | 7.97% | 20.61% | 20.74% | 20.37% | 13.14% | 13.28% | 10.87% | 2.81% | 17.58% | 9.55% | 5.18% | 14.45% | 15.91% | 9.69% | 9.22% | 7.85% | 7.56% | 2.24% | 5.56% | 5.29% | 4.63% | 1.11% | -9.15% | -52.00% | -73.81% |
| Total Other Income/Expenses | -314.00M | -274.00M | -260.00M | -328.00M | 3.87B | -673.00M | -486.00M | -632.00M | -550.00M | -760.00M | -693.00M | -586.00M | -560.00M | -577.00M | -404.38M | -288.64M | -179.85M | -115.78M | 61.52M | 37.41M | -86.70M | -75.77M | -71.78M | -102.69M | -39.50M | -177.30M | 56.00M | -34.40M | -15.60M | -13.10M | -5.80M | 1.10M | -1.20M | 43.90M | 100.00K | 800.00K | 2.40M | 2.20M | 1.60M |
| Income Before Tax | 506.00M | 138.00M | -343.00M | -1.81B | 3.82B | -2.76B | -2.66B | -2.88B | -2.10B | -255.00M | -170.00M | -288.00M | 764.00M | 211.39M | 299.47M | 1.69B | 1.44B | 1.22B | 624.94M | 430.75M | 194.62M | -10.39M | 337.70M | 70.56M | 24.70M | 99.40M | 128.70M | 31.50M | 16.40M | 6.40M | 12.80M | 5.40M | 8.70M | 52.00M | 5.10M | 1.40M | 1.00M | 900.00K | -7.70M |
| Income Before Tax Ratio | 9.85% | 3.19% | -9.41% | -49.23% | 77.09% | -48.00% | -46.60% | -50.04% | -22.22% | -1.71% | -1.11% | -1.89% | 5.88% | 2.07% | 3.39% | 17.60% | 18.44% | 18.61% | 14.42% | 13.75% | 7.51% | -0.45% | 14.50% | 3.89% | 1.99% | 4.94% | 14.42% | 6.59% | 4.66% | 2.58% | 5.20% | 2.81% | 4.89% | 33.96% | 4.73% | 2.58% | 6.54% | 36.00% | -61.11% |
| Income Tax Expense | 57.00M | 87.00M | 86.00M | 85.00M | 135.00M | 34.00M | 137.00M | 496.00M | -145.00M | 284.00M | 144.00M | 462.00M | 486.00M | 172.08M | 19.55M | 288.81M | 332.76M | 316.52M | 159.17M | 92.67M | 50.60M | -4.36M | 123.05M | 109.45M | 8.50M | 34.60M | 45.00M | 7.00M | 5.10M | 1.80M | 4.90M | 4.20M | 2.80M | 20.40M | 2.20M | 500.00K | 300.00K | 400.00K | -3.60M |
| Net Income | 417.00M | 51.00M | -429.00M | -1.90B | 3.66B | -2.81B | -2.81B | -3.39B | -1.99B | -584.00M | -345.00M | -778.00M | 771.74M | 24.51M | 253.77M | 1.35B | 1.07B | 896.37M | 467.42M | 330.15M | 143.35M | -6.03M | 214.65M | -42.35M | -20.90M | 64.80M | 74.70M | 98.20M | 11.30M | 800.00K | 5.80M | 100.00K | 5.90M | 31.60M | 2.90M | 900.00K | 700.00K | 500.00K | -4.10M |
| Net Income Ratio | 8.12% | 1.18% | -11.77% | -51.53% | 73.90% | -48.94% | -49.36% | -59.00% | -21.04% | -3.92% | -2.26% | -5.11% | 5.94% | 0.24% | 2.87% | 14.10% | 13.67% | 13.62% | 10.79% | 10.54% | 5.53% | -0.26% | 9.22% | -2.33% | -1.69% | 3.22% | 8.37% | 20.54% | 3.21% | 0.32% | 2.36% | 0.05% | 3.31% | 20.64% | 2.69% | 1.66% | 4.58% | 20.00% | -32.54% |
| EPS | 5.79 | 0.72 | -6.13 | -27.13 | 51.93 | -2.82 | -2.84 | -3.82 | -2.55 | -0.75 | -0.45 | -1.02 | 1.03 | 0.03 | 0.12 | 2.04 | 3.16 | 2.59 | 1.56 | 1.23 | 1.13 | -0.05 | 0.47 | -0.10 | -0.05 | 0.17 | 0.49 | 0.46 | 0.10 | 0.02 | -0.02 | 0.00 | 0.07 | 0.39 | 0.04 | 0.01 | 0.01 | 0.01 | -0.05 |
| EPS Diluted | 5.64 | 0.71 | -6.13 | -27.13 | 51.93 | -2.82 | -2.84 | -3.82 | -2.55 | -0.75 | -0.45 | -1.02 | 1.02 | 0.03 | 0.12 | 1.99 | 3.08 | 2.53 | 1.47 | 1.15 | 1.09 | -0.05 | 0.44 | -0.10 | -0.05 | 0.17 | 0.48 | 0.46 | 0.10 | 0.02 | -0.02 | 0.00 | 0.07 | 0.39 | 0.04 | 0.01 | 0.01 | 0.01 | -0.05 |
| Weighted Avg Shares Out | 72.00M | 71.00M | 70.00M | 70.00M | 70.00M | 997.00M | 990.00M | 887.00M | 779.00M | 777.00M | 772.00M | 765.00M | 752.53M | 743.13M | 715.00M | 682.70M | 338.52M | 346.12M | 300.34M | 268.00M | 126.52M | 120.06M | 456.07M | 437.83M | 398.10M | 386.87M | 183.74M | 156.73M | 118.95M | 50.52M | 94.12M | 80.00M | 90.77M | 81.03M | 72.50M | 72.00M | 70.00M | 66.67M | 86.32M |
| Weighted Avg Shares Out (Dil) | 74.00M | 72.00M | 70.00M | 70.00M | 70.00M | 997.00M | 990.00M | 887.00M | 779.00M | 777.00M | 772.00M | 765.00M | 759.57M | 750.13M | 723.00M | 698.18M | 347.76M | 354.83M | 322.29M | 297.37M | 131.76M | 120.06M | 533.02M | 437.83M | 418.00M | 386.87M | 186.78M | 163.40M | 118.95M | 50.52M | 94.12M | 80.00M | 90.77M | 81.03M | 72.50M | 72.00M | 70.00M | 66.67M | 86.32M |
Weatherford Announces S&P Credit Rating Upgrade To ‘BB-' From 'B+', Positive Outlook
HOUSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the Company's issuer credit rating has recently been upgraded to ‘BB-' from 'B+' by S&P Global Ratings (“S&P”). S&P based the rating upgrade...
Weatherford Announces Acquisition of Datagration
HOUSTON, Sept. 03, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced the acquisition of Datagration Solutions Inc., an innovator in unified data integration, analytics, and machine learning. The acquisition establishes Weatherford as having...
Weatherford Releases Annual Sustainability Report
HOUSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford,” the “Company,” “we,” “us,” and “our”) announced today the release of its annual Sustainability Report, which shares the Company's latest advancements in environmental, social, and governance (“ESG”)...
Weatherford International plc (WFRD) Q2 2024 Earnings Call Transcript
Weatherford International plc (NASDAQ:WFRD ) Q2 2024 Earnings Conference Call July 24, 2024 9:00 AM ET Company Participants Mohammed Topiwala - Vice President, Investor Relations & M&A Girish Saligram - President & Chief Executive Officer Arun Mitra - Executive Vice...
Weatherford (WFRD) Misses Q2 Earnings and Revenue Estimates
Weatherford (WFRD) came out with quarterly earnings of $1.66 per share, missing the Zacks Consensus Estimate of $1.71 per share. This compares to earnings of $1.12 per share a year ago.
Weatherford Announces Second Quarter 2024 Results and Shareholder Return Program
*Non-GAAP - refer to the section titled Non-GAAP Financial Measures Defined and GAAP to Non-GAAP Financial Measures Reconciled
Weatherford Announces New Appointment to Board of Directors
HOUSTON, July 23, 2024 (GLOBE NEWSWIRE) -- Weatherford International plc (NASDAQ: WFRD) (“Weatherford” or the “Company”) today announced that its Board of Directors (the “Board”) has appointed Steven Beringhause as a director with a term expiring at the 2025 Annual Meeting of...
Market Rotation: 3 High Quality Stocks to Catch this Epic Shift
A major market shift is under way and Weatherford International, Philip Morris International and 3M may be winners going forward.
The 3 Best Energy Stocks to Buy in July 2024
In its June meeting, The Organization of the Petroleum Exporting Countries (OPEC) extended most of its production cuts through the end of 2025. While some pundits view the move as an attempt to support an oversupplied market, it puts a...
Recent Price Trend in Weatherford (WFRD) is Your Friend, Here's Why
Weatherford (WFRD) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.
Source: https://incomestatements.info
Category: Stock Reports