NASDAQ : WFRD
Weatherford International plc — Financial statements
Energy · Oil & Gas Equipment & Services · United States
Last price 89.58 USD (Oct 29, 2026, 4:00 PM EDT) · Market cap 6.49B
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Financial statements
Weatherford International plc (WFRD) reported revenue of 4.69B USD (TTM). Five years of income statement, balance sheet, cash flow and ratios below.
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Revenue | 4.69B | 4.92B | 5.51B | 5.13B | 4.33B | 3.65B |
| Cost of Revenue | 3.25B | 3.38B | 3.60B | 3.40B | 3.02B | 2.72B |
| Gross Profit | 1.44B | 1.53B | 1.91B | 1.74B | 1.31B | 929.00M |
| Selling, General & Admin | 692.00M | 664.00M | 791.00M | 804.00M | 778.00M | 738.00M |
| Research & Development | 86.00M | 108.00M | 123.00M | 112.00M | 90.00M | 85.00M |
| Other Operating Expenses | 49.00M | 18.00M | 14.00M | -10.00M | 31.00M | -10.00M |
| Operating Expenses | 827.00M | 790.00M | 928.00M | 906.00M | 899.00M | 813.00M |
| Operating Income | 617.00M | 744.00M | 980.00M | 834.00M | 412.00M | 116.00M |
| Interest Expense | -113.00M | -137.00M | -158.00M | -182.00M | -210.00M | -280.00M |
| Interest & Investment Income | 44.00M | 46.00M | 56.00M | 59.00M | 31.00M | 20.00M |
| Currency Exchange Gain (Loss) | -47.00M | -47.00M | -66.00M | -173.00M | ||
| Other Non Operating Income (Expenses) | 10.00M | -25.00M | -22.00M | -13.00M | -95.00M | -29.00M |
| EBT Excluding Unusual Items | 511.00M | 581.00M | 790.00M | 525.00M | 138.00M | -173.00M |
| Merger & Restructuring Charges | -35.00M | -58.00M | -42.00M | -16.00M | ||
| Gain (Loss) on Sale of Assets | 70.00M | 2.00M | ||||
| Other Unusual Items | -39.00M | -39.00M | -9.00M | -5.00M | -170.00M | |
| Pretax Income | 437.00M | 554.00M | 739.00M | 506.00M | 138.00M | -343.00M |
| Income Tax Expense | 22.00M | 97.00M | 189.00M | 57.00M | 87.00M | 86.00M |
| Earnings From Continuing Operations | 415.00M | 457.00M | 550.00M | 449.00M | 51.00M | -429.00M |
| Minority Interest in Earnings | -10.00M | -26.00M | -44.00M | -32.00M | -25.00M | -21.00M |
| Net Income | 405.00M | 431.00M | 506.00M | 417.00M | 26.00M | -450.00M |
| Net Income to Common | 405.00M | 431.00M | 506.00M | 417.00M | 26.00M | -450.00M |
| Shares Outstanding (Basic) | 71.83M | 72.20M | 73.00M | 71.90M | 70.50M | 70.00M |
| Shares Outstanding (Diluted) | 72.22M | 72.60M | 74.90M | 73.60M | 71.60M | 70.00M |
| EPS (Basic) | 5.64 | 5.97 | 6.93 | 5.80 | 0.37 | -6.43 |
| EPS (Diluted) | 5.61 | 5.93 | 6.75 | 5.66 | 0.36 | -6.43 |
| Free Cash Flow | 579.00M | 450.00M | 493.00M | 623.00M | 217.00M | 237.00M |
| Free Cash Flow Per Share | 8.02 | 6.20 | 6.58 | 8.46 | 3.03 | 3.39 |
| Dividend Per Share | 1.07 | 1.00 | 0.50 | |||
| Gross Margin | 30.80% | 31.19% | 34.61% | 33.88% | 30.27% | 25.49% |
| Operating Margin | 13.16% | 15.13% | 17.78% | 16.24% | 9.51% | 3.18% |
| Profit Margin | 8.64% | 8.76% | 9.18% | 8.12% | 0.60% | -12.35% |
| Free Cash Flow Margin | 12.35% | 9.15% | 8.94% | 12.13% | 5.01% | 6.50% |
| EBITDA | 902.00M | 1.01B | 1.32B | 1.16B | 761.00M | 556.00M |
| EBITDA Margin | 19.24% | 20.56% | 24.00% | 22.61% | 17.57% | 15.25% |
| D&A For EBITDA | 285.00M | 267.00M | 343.00M | 327.00M | 349.00M | 440.00M |
| EBIT | 617.00M | 744.00M | 980.00M | 834.00M | 412.00M | 116.00M |
| EBIT Margin | 13.16% | 15.13% | 17.78% | 16.24% | 9.51% | 3.18% |
| Effective Tax Rate | 5.03% | 17.51% | 25.57% | 11.27% | 63.04% | |
| Revenue as Reported | 4.69B | 4.92B | 5.51B | 5.13B | 4.33B | 3.65B |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.16B | 987.00M | 916.00M | 958.00M | 910.00M | 951.00M |
| Cash & Short-Term Investments | 1.16B | 987.00M | 916.00M | 958.00M | 910.00M | 951.00M |
| Receivables | 1.16B | 1.30B | 1.32B | 1.28B | 1.03B | 872.00M |
| Inventory | 861.00M | 836.00M | 880.00M | 788.00M | 689.00M | 670.00M |
| Restricted Cash | 37.00M | 55.00M | 59.00M | 105.00M | 202.00M | 162.00M |
| Other Current Assets | 194.00M | 189.00M | 225.00M | 217.00M | 214.00M | 256.00M |
| Total Current Assets | 3.41B | 3.37B | 3.40B | 3.35B | 3.04B | 2.91B |
| Property, Plant & Equipment | 1.28B | 1.25B | 1.19B | 1.09B | 1.03B | 1.11B |
| Other Intangible Assets | 288.00M | 285.00M | 325.00M | 370.00M | 506.00M | 657.00M |
| Long-Term Accounts Receivable | 33.00M | 32.00M | 34.00M | 24.00M | 21.00M | 14.00M |
| Other Long-Term Assets | 323.00M | 256.00M | 213.00M | 234.00M | 117.00M | 83.00M |
| Total Assets | 5.34B | 5.20B | 5.16B | 5.07B | 4.72B | 4.77B |
| Accounts Payable | 595.00M | 650.00M | 792.00M | 679.00M | 460.00M | 380.00M |
| Accrued Expenses | 277.00M | 285.00M | 302.00M | 387.00M | 367.00M | 343.00M |
| Current Portion of Long-Term Debt | 234.00M | 151.00M | 31.00M | |||
| Current Portion of Leases | 75.00M | 78.00M | 61.00M | 63.00M | 58.00M | 71.00M |
| Current Income Taxes Payable | 103.00M | 129.00M | 129.00M | 138.00M | 141.00M | 140.00M |
| Current Unearned Revenue | 58.00M | 48.00M | 51.00M | 58.00M | 54.00M | 45.00M |
| Other Current Liabilities | 333.00M | 347.00M | 361.00M | 390.00M | 359.00M | 353.00M |
| Total Current Liabilities | 1.68B | 1.54B | 1.70B | 1.87B | 1.47B | 1.33B |
| Long-Term Debt | 1.18B | 1.42B | 1.59B | 1.68B | 2.16B | 2.37B |
| Long-Term Leases | 136.00M | 149.00M | 141.00M | 167.00M | 158.00M | 172.00M |
| Long-Term Unearned Revenue | 2.00M | 2.00M | 2.00M | 5.00M | ||
| Pension & Post-Retirement Benefits | 128.00M | 126.00M | 130.00M | 121.00M | 207.00M | |
| Other Long-Term Liabilities | 348.00M | 270.00M | 325.00M | 299.00M | 258.00M | 195.00M |
| Total Liabilities | 3.34B | 3.50B | 3.88B | 4.15B | 4.17B | 4.28B |
| Additional Paid-In Capital | 2.89B | 2.81B | 2.92B | 2.91B | 2.93B | 2.90B |
| Retained Earnings | -922.00M | -1.13B | -1.49B | -1.95B | -2.37B | -2.40B |
| Comprehensive Income & Other | -9.00M | 13.00M | -150.00M | -28.00M | -22.00M | -35.00M |
| Total Common Equity | 1.96B | 1.70B | 1.28B | 924.00M | 535.00M | 472.00M |
| Minority Interest | 36.00M | -3.00M | -2.00M | -2.00M | 16.00M | 24.00M |
| Shareholders' Equity | 1.99B | 1.70B | 1.28B | 922.00M | 551.00M | 496.00M |
| Total Liabilities & Equity | 5.34B | 5.20B | 5.16B | 5.07B | 4.72B | 4.77B |
| Total Debt | 1.63B | 1.64B | 1.79B | 2.06B | 2.41B | 2.62B |
| Net Cash (Debt) | -467.00M | -655.00M | -872.00M | -1.10B | -1.50B | -1.66B |
| Net Cash Per Share | -6.47 | -9.02 | -11.64 | -14.97 | -20.94 | -23.77 |
| Filing Date Shares Outstanding | 72.47M | 71.72M | 72.85M | 72.32M | 70.89M | 70.49M |
| Total Common Shares Outstanding | 72.50M | 71.60M | 72.10M | 72.00M | 71.00M | 70.00M |
| Working Capital | 1.73B | 1.83B | 1.71B | 1.48B | 1.57B | 1.58B |
| Book Value Per Share | 26.98 | 23.73 | 17.82 | 12.83 | 7.54 | 6.74 |
| Tangible Book Value | 1.67B | 1.41B | 960.00M | 554.00M | 29.00M | -185.00M |
| Tangible Book Value Per Share | 23.01 | 19.75 | 13.31 | 7.69 | 0.41 | -2.64 |
| Land | 568.00M | 498.00M | 482.00M | 476.00M | 484.00M | |
| Machinery | 1.71B | 1.50B | 1.36B | 1.22B | 1.14B |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 405.00M | 431.00M | 506.00M | 417.00M | 26.00M | -450.00M |
| Depreciation & Amortization | 285.00M | 267.00M | 343.00M | 327.00M | 349.00M | 440.00M |
| Loss (Gain) From Sale of Assets | -31.00M | -79.00M | -35.00M | -11.00M | -41.00M | -22.00M |
| Loss (Gain) From Sale of Investments | 2.00M | 2.00M | 10.00M | 57.00M | ||
| Stock-Based Compensation | 50.00M | 38.00M | 45.00M | 35.00M | 25.00M | 25.00M |
| Other Operating Activities | -36.00M | 57.00M | 108.00M | 62.00M | 100.00M | 252.00M |
| Change in Accounts Receivable | 239.00M | 75.00M | -31.00M | -221.00M | -193.00M | -6.00M |
| Change in Inventory | 22.00M | 24.00M | -112.00M | -114.00M | -56.00M | -18.00M |
| Change in Accounts Payable | -112.00M | -131.00M | 97.00M | 231.00M | 84.00M | 56.00M |
| Change in Other Net Operating Assets | -33.00M | -8.00M | -139.00M | 49.00M | 55.00M | 45.00M |
| Operating Cash Flow | 771.00M | 676.00M | 792.00M | 832.00M | 349.00M | 322.00M |
| Capital Expenditures | -192.00M | -226.00M | -299.00M | -209.00M | -132.00M | -85.00M |
| Sale of Property, Plant & Equipment | 22.00M | 16.00M | 31.00M | 28.00M | 82.00M | 41.00M |
| Cash Acquisitions | -13.00M | -51.00M | -4.00M | |||
| Divestitures | 97.00M | |||||
| Investment in Securities | 41.00M | |||||
| Other Investing Activities | -44.00M | -32.00M | -15.00M | -104.00M | -4.00M | -39.00M |
| Investing Cash Flow | -227.00M | -145.00M | -293.00M | -289.00M | -54.00M | -83.00M |
| Long-Term Debt Issued | 1.20B | 2.07B | ||||
| Total Debt Issued | 1.20B | 1.20B | 2.07B | |||
| Long-Term Debt Repaid | -1.39B | -287.00M | -386.00M | -198.00M | -2.31B | |
| Total Debt Repaid | -1.33B | -1.39B | -287.00M | -386.00M | -198.00M | -2.31B |
| Net Debt Issued (Repaid) | -133.00M | -188.00M | -287.00M | -386.00M | -198.00M | -240.00M |
| Repurchase of Common Stock | -82.00M | -122.00M | -130.00M | -56.00M | -4.00M | -1.00M |
| Common Dividends Paid | -77.00M | -72.00M | -36.00M | |||
| Other Financing Activities | -72.00M | -92.00M | -58.00M | -72.00M | -46.00M | -162.00M |
| Financing Cash Flow | -364.00M | -474.00M | -511.00M | -514.00M | -248.00M | -403.00M |
| Foreign Exchange Rate Adjustments | -13.00M | 10.00M | -76.00M | -78.00M | -48.00M | -8.00M |
| Net Cash Flow | 167.00M | 67.00M | -88.00M | -49.00M | -1.00M | -172.00M |
| Free Cash Flow | 579.00M | 450.00M | 493.00M | 623.00M | 217.00M | 237.00M |
| Free Cash Flow Margin | 12.35% | 9.15% | 8.94% | 12.13% | 5.01% | 6.50% |
| Free Cash Flow Per Share | 8.02 | 6.20 | 6.58 | 8.46 | 3.03 | 3.39 |
| Levered Free Cash Flow | 581.00M | 383.38M | 486.75M | 577.50M | 315.25M | 359.50M |
| Unlevered Free Cash Flow | 651.62M | 469.00M | 585.50M | 691.25M | 446.50M | 534.50M |
| Cash Interest Paid | 111.00M | 125.00M | 153.00M | 181.00M | 220.00M | 269.00M |
| Cash Income Tax Paid | 162.00M | 157.00M | 168.00M | 132.00M | 86.00M | 62.00M |
| Change in Working Capital | 96.00M | -40.00M | -185.00M | -55.00M | -110.00M | 77.00M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 6.57B | 5.61B | 5.20B | 7.06B | 3.60B | 1.94B |
| Enterprise Value | 7.03B | 6.40B | 6.11B | 8.36B | 5.22B | 3.52B |
| Last Close Price | 90.63 | 77.60 | 69.83 | 94.85 | 49.37 | 26.88 |
| PE Ratio | 16.15 | 13.03 | 10.29 | 16.92 | 138.28 | |
| Forward PE | 14.68 | 14.59 | 10.64 | 15.82 | 15.06 | |
| PS Ratio | 1.40 | 1.14 | 0.94 | 1.37 | 0.83 | 0.53 |
| PB Ratio | 3.36 | 3.31 | 4.06 | 7.65 | 6.53 | 3.92 |
| P/TBV Ratio | 3.94 | 3.97 | 5.42 | 12.73 | 123.98 | |
| P/FCF Ratio | 11.34 | 12.47 | 10.56 | 11.32 | 16.57 | 8.21 |
| P/OCF Ratio | 8.52 | 8.30 | 6.57 | 8.48 | 10.30 | 6.04 |
| PEG Ratio | 1.39 | 1.23 | 0.61 | 0.14 | ||
| EV/Sales Ratio | 1.50 | 1.30 | 1.11 | 1.63 | 1.21 | 0.97 |
| EV/EBITDA Ratio | 7.80 | 6.33 | 4.62 | 7.20 | 6.86 | 6.33 |
| EV/EBIT Ratio | 11.40 | 8.60 | 6.24 | 10.03 | 12.67 | 30.34 |
| EV/FCF Ratio | 12.15 | 14.22 | 12.40 | 13.43 | 24.06 | 14.85 |
| Debt / Equity Ratio | 0.82 | 0.97 | 1.39 | 2.23 | 4.37 | 5.27 |
| Debt / EBITDA Ratio | 1.44 | 1.31 | 1.13 | 1.48 | 2.66 | 3.86 |
| Debt / FCF Ratio | 2.81 | 3.65 | 3.63 | 3.31 | 11.10 | 11.03 |
| Net Debt / Equity Ratio | 0.23 | 0.39 | 0.68 | 1.20 | 2.72 | 3.35 |
| Net Debt / EBITDA Ratio | 0.52 | 0.65 | 0.66 | 0.95 | 1.97 | 2.99 |
| Net Debt / FCF Ratio | 0.81 | 1.46 | 1.77 | 1.77 | 6.91 | 7.02 |
| Asset Turnover | 0.88 | 0.95 | 1.08 | 1.05 | 0.91 | 0.71 |
| Inventory Turnover | 3.73 | 3.94 | 4.32 | 4.60 | 4.44 | 3.92 |
| Quick Ratio | 1.38 | 1.49 | 1.32 | 1.20 | 1.32 | 1.37 |
| Current Ratio | 2.04 | 2.19 | 2.01 | 1.79 | 2.07 | 2.19 |
| Return on Equity (ROE) | 23.32% | 30.68% | 49.89% | 60.96% | 9.74% | -59.87% |
| Return on Assets (ROA) | 7.27% | 8.98% | 11.98% | 10.65% | 5.42% | 1.42% |
| Return on Invested Capital (ROIC) | 24.57% | 27.24% | 34.91% | 36.33% | 7.23% | 4.79% |
| Return on Capital Employed (ROCE) | 16.90% | 20.30% | 28.30% | 26.00% | 12.70% | 3.40% |
| Earnings Yield | 6.19% | 7.68% | 9.72% | 5.91% | 0.72% | -23.14% |
| FCF Yield | 8.82% | 8.02% | 9.47% | 8.83% | 6.04% | 12.19% |
| Dividend Yield | 1.21% | 1.27% | 0.69% | |||
| Payout Ratio | 19.60% | 16.71% | 7.12% | |||
| Buyback Yield / Dilution | 1.30% | 3.07% | -1.77% | -2.79% | -2.29% | |
| Total Shareholder Return | 2.51% | 4.35% | -1.07% | -2.79% | -2.29% |