Weatherford International plc (WFRD)

Weatherford International Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	5,348	5,513	5,135	4,331	3,645	3,685
Revenue Growth (YoY)	0.77%	7.36%	18.56%	18.82%	-1.08%	-29.34%
Cost of Revenue	3,540	3,605	3,395	3,020	2,716	2,750
Gross Profit	1,808	1,908	1,740	1,311	929	935
Selling, General & Admin	747	791	804	778	738	837
Research & Development	121	123	112	90	85	97
Other Operating Expenses	67	56	4	31	-10	45
Operating Expenses	935	970	920	899	813	979
Operating Income	873	938	820	412	116	-44
Interest Expense	-152	-158	-182	-210	-280	-251
Interest & Investment Income	53	56	59	31	20	-
Currency Exchange Gain (Loss)	-66	-66	-173	-	-	-
Other Non Operating Income (Expenses)	-29	-31	-18	-95	-29	-62
EBT Excluding Unusual Items	679	739	506	138	-173	-357
Merger & Restructuring Charges	-26	-	-	-	-	-206
Impairment of Goodwill	-	-	-	-	-	-239
Gain (Loss) on Sale of Assets	-	-	-	-	-	12
Asset Writedown	-	-	-	-	-	-814
Other Unusual Items	-	-	-	-	-170	-210
Pretax Income	653	739	506	138	-343	-1,814
Income Tax Expense	140	189	57	87	86	85
Earnings From Continuing Operations	513	550	449	51	-429	-1,899
Minority Interest in Earnings	-43	-44	-32	-25	-21	-22
Net Income	470	506	417	26	-450	-1,921
Net Income to Common	470	506	417	26	-450	-1,921
Net Income Growth	2.84%	21.34%	1503.85%	-	-	-
Shares Outstanding (Basic)	73	73	72	71	70	70
Shares Outstanding (Diluted)	75	75	74	72	70	70
Shares Change (YoY)	0.91%	1.77%	2.79%	2.29%	-	1601.49%
EPS (Basic)	6.43	6.93	5.80	0.37	-6.43	-27.44
EPS (Diluted)	6.29	6.75	5.66	0.36	-6.43	-27.44
EPS Growth	1.65%	19.26%	1472.22%	-	-	-
Free Cash Flow	486	493	623	217	237	56
Free Cash Flow Per Share	6.52	6.58	8.46	3.03	3.39	0.80
Dividend Per Share	0.750	0.500	-	-	-	-
Gross Margin	33.81%	34.61%	33.88%	30.27%	25.49%	25.37%
Operating Margin	16.32%	17.01%	15.97%	9.51%	3.18%	-1.19%
Profit Margin	8.79%	9.18%	8.12%	0.60%	-12.35%	-52.13%
Free Cash Flow Margin	9.09%	8.94%	12.13%	5.01%	6.50%	1.52%
EBITDA	1,193	1,281	1,147	761	556	459
EBITDA Margin	22.31%	23.24%	22.34%	17.57%	15.25%	12.46%
D&A For EBITDA	320	343	327	349	440	503
EBIT	873	938	820	412	116	-44
EBIT Margin	16.32%	17.01%	15.97%	9.51%	3.18%	-1.19%
Effective Tax Rate	21.44%	25.57%	11.27%	63.04%	-	-
Revenue as Reported	5,348	5,513	5,135	4,331	3,645	3,685

Updated Apr 22, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q