Weatherford International plc (WFRD)

NASDAQ: WFRD · IEX Real-Time Price · USD

124.53

+2.84 (2.33%)

At close: Jul 2, 2024, 4:00 PM

124.97

+0.44 (0.35%)

After-hours: Jul 2, 2024, 7:52 PM EDT

Weatherford International Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020
Revenue	5,135	4,331	3,645	3,685
Revenue Growth (YoY)	18.56%	18.82%	-1.09%	-
Cost of Revenue	3,395	3,020	2,716	2,807
Gross Profit	1,740	1,311	929	878
Selling, General & Admin	804	778	738	837
Research & Development	112	90	85	97
Other Operating Expenses	4	31	-10	1,430
Operating Expenses	920	899	813	2,364
Operating Income	820	412	116	-1,486
Interest Expense / Income	123	179	260	251
Other Expense / Income	223	120	220	99
Pretax Income	474	113	-364	-1,836
Income Tax	57	87	86	85
Net Income	417	26	-450	-1,921
Net Income Growth	1503.85%	-	-	-
Shares Outstanding (Basic)	72	71	70	70
Shares Outstanding (Diluted)	74	72	70	70
Shares Change	2.78%	2.86%	-	-
EPS (Basic)	5.79	0.37	-6.43	-27.44
EPS (Diluted)	5.66	0.36	-6.43	-27.44
EPS Growth	1472.22%	-	-	-
Free Cash Flow	623	217	237	56
Free Cash Flow Per Share	8.65	3.06	3.39	0.80
Gross Margin	33.89%	30.27%	25.49%	23.83%
Operating Margin	15.97%	9.51%	3.18%	-40.33%
Profit Margin	8.12%	0.60%	-12.35%	-52.13%
Free Cash Flow Margin	12.13%	5.01%	6.50%	1.52%
Effective Tax Rate	12.03%	76.99%	-	-
EBITDA	924	641	336	-1,082
EBITDA Margin	17.99%	14.80%	9.22%	-29.36%
Depreciation & Amortization	327	349	440	503
EBIT	597	292	-104	-1,585
EBIT Margin	11.63%	6.74%	-2.85%	-43.01%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).