Weatherford International plc (WFRD) 10-Year Financial Performance & Capital Metrics

WFRD • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Systems & Equipment

AboutWeatherford 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.Show more

Revenue $5.51B +7.4%
EBITDA $1.28B +11.7%
Net Income $506M +21.3%
EPS (Diluted) 6.75 +19.7%
Gross Margin 34.61% +2.1%
EBITDA Margin 23.24% +4.0%
Operating Margin 17.01% +6.5%
Net Margin 9.18% +13.0%
ROE 45.9% -18.9%
ROIC 33.67% +11.5%
Debt/Equity 1.39 -37.6%
Interest Coverage 5.94 +31.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 35.8%
✓Strong Piotroski F-Score: 8/9
✓Momentum leader: RS Rating 86 (top 14%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Profits declining 32.7% over 5 years

Price & Volume

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Growth Metrics

Revenue CAGR

10Y-9.47%

5Y2.16%

3Y14.79%

TTM-10.19%

Profit (Net Income) CAGR

10Y-

5Y-32.69%

3Y-

TTM-24.16%

EPS CAGR

10Y-

5Y-33.51%

3Y-

TTM-22.47%

ROCE

10Y Avg-7.83%

5Y Avg7.66%

3Y Avg21.96%

Latest28.15%

Peer Comparison

Drilling Systems & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BKRBaker Hughes Company	48.32B	48.97	16.43	9.11%	10.43%	15.77%	4.25%	0.35
SLBSLB N.V.	68.57B	45.90	14.76	9.52%	10.34%	13.54%	6.52%	0.54
WFRDWeatherford International plc	6.3B	87.78	13.00	7.36%	8.15%	25.85%	7.83%	1.39
HALHalliburton Company	27.45B	32.61	11.52	-0.32%	5.91%	12.78%	8.83%	0.83
NOVNOV Inc.	6.46B	17.72	11.08	3.42%	4.37%	5.88%	14.74%	0.37
FETForum Energy Technologies, Inc.	463.65M	40.75	-3.70	10.5%	-14.58%	-38.76%	18.13%	0.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	9.43B	5.75B	5.7B	5.74B	4.95B	3.69B	3.65B	4.33B	5.13B	5.51B
Revenue Growth %	-0.37%	-0.39%	-0.01%	0.01%	-0.14%	-0.26%	-0.01%	0.19%	0.19%	0.07%
Cost of Goods Sold+	8.02B	5.19B	4.89B	4.51B	3.85B	2.81B	2.72B	3.02B	3.4B	3.6B
COGS % of Revenue	0.85%	0.9%	0.86%	0.79%	0.78%	0.76%	0.75%	0.7%	0.66%	0.65%
Gross Profit+	1.41B	560M	810M	1.23B	1.1B	878M	929M	1.31B	1.74B	1.91B
Gross Margin %	0.15%	0.1%	0.14%	0.21%	0.22%	0.24%	0.25%	0.3%	0.34%	0.35%
Gross Profit Growth %	-0.59%	-0.6%	0.45%	0.52%	-0.1%	-0.2%	0.06%	0.41%	0.33%	0.1%
Operating Expenses+	2.96B	2.81B	2.98B	3.31B	2.28B	2.36B	813M	899M	920M	970M
OpEx % of Revenue	0.31%	0.49%	0.52%	0.58%	0.46%	0.64%	0.22%	0.21%	0.18%	0.18%
Selling, General & Admin	1.58B	1.1B	1.03B	894M	895M	837M	738M	778M	804M	791M
SG&A % of Revenue	0.17%	0.19%	0.18%	0.16%	0.18%	0.23%	0.2%	0.18%	0.16%	0.14%
Research & Development	231M	159M	158M	139M	136M	97M	85M	90M	112M	123M
R&D % of Revenue	0.02%	0.03%	0.03%	0.02%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Other Operating Expenses	1.15B	1.54B	1.79B	2.28B	1.25B	1.43B	-10M	31M	4M	56M
Operating Income+	-1.55B	-2.25B	-2.13B	-2.08B	-1.18B	-1.49B	116M	412M	820M	938M
Operating Margin %	-0.16%	-0.39%	-0.37%	-0.36%	-0.24%	-0.4%	0.03%	0.1%	0.16%	0.17%
Operating Income Growth %	-4.06%	-0.46%	0.05%	0.02%	0.43%	-0.26%	1.08%	2.55%	0.99%	0.14%
EBITDA+	-346M	-1.29B	-1.33B	-1.53B	-735M	-983M	556M	761M	1.15B	1.28B
EBITDA Margin %	-0.04%	-0.23%	-0.23%	-0.27%	-0.15%	-0.27%	0.15%	0.18%	0.22%	0.23%
EBITDA Growth %	-1.18%	-2.74%	-0.03%	-0.15%	0.52%	-0.34%	1.57%	0.37%	0.51%	0.12%
D&A (Non-Cash Add-back)	1.2B	956M	801M	556M	447M	503M	440M	349M	327M	343M
EBIT	-1.63B	-2.38B	-2.08B	-2.14B	4.18B	-1.56B	-83M	348M	688M	897M
Net Interest Income+	-468M	-499M	-579M	-614M	-362M	-251M	-260M	-179M	-123M	-102M
Interest Income	0	0	0	0	0	0	0	31M	59M	56M
Interest Expense	468M	499M	579M	614M	362M	251M	260M	210M	182M	158M
Other Income/Expense	-550M	-632M	-486M	-673M	5B	-328M	-459M	-274M	-314M	-199M
Pretax Income+	-2.1B	-2.88B	-2.66B	-2.76B	3.82B	-1.81B	-343M	138M	506M	739M
Pretax Margin %	-0.22%	-0.5%	-0.47%	-0.48%	0.77%	-0.49%	-0.09%	0.03%	0.1%	0.13%
Income Tax+	-145M	496M	137M	34M	135M	85M	86M	87M	57M	189M
Effective Tax Rate %	0.95%	1.18%	1.06%	1.02%	0.96%	1.06%	1.31%	0.19%	0.82%	0.68%
Net Income+	-1.99B	-3.39B	-2.81B	-2.81B	3.66B	-1.92B	-450M	26M	417M	506M
Net Margin %	-0.21%	-0.59%	-0.49%	-0.49%	0.74%	-0.52%	-0.12%	0.01%	0.08%	0.09%
Net Income Growth %	-2.4%	-0.71%	0.17%	0%	2.3%	-1.52%	0.77%	1.06%	15.04%	0.21%
Net Income (Continuing)	-1.95B	-3.37B	-2.79B	-2.79B	3.68B	-1.9B	-429M	51M	449M	550M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	61M	56M	55M	39M	36M	30M	24M	16M	-2M	-2M
EPS (Diluted)+	-2.55	-3.82	-2.84	-2.82	51.93	-27.44	-6.43	0.36	5.64	6.75
EPS Growth %	-2.4%	-0.5%	0.26%	0.01%	19.41%	-1.53%	0.77%	1.06%	14.67%	0.2%
EPS (Basic)	-2.55	-3.82	-2.84	-2.82	51.93	-27.44	-6.43	0.37	5.79	6.93
Diluted Shares Outstanding	779M	887M	990M	997M	70M	70M	70M	72M	74M	74.9M
Basic Shares Outstanding	779M	887M	990M	997M	70M	70M	70M	71M	72M	73M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	0.07%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.56B	4.91B	3.88B	3.45B	3.45B	3.18B	2.91B	3.04B	3.35B	3.4B
Cash & Short-Term Investments	467M	1.04B	613M	602M	618M	1.12B	951M	910M	958M	916M
Cash Only	467M	1.04B	613M	602M	618M	1.12B	951M	910M	958M	916M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.78B	1.38B	1.1B	1.13B	1.24B	826M	825M	989M	1.22B	1.26B
Days Sales Outstanding	68.91	87.81	70.64	71.81	91.43	81.82	82.61	83.35	86.43	83.49
Inventory	2.34B	1.8B	1.23B	1.02B	972M	717M	670M	689M	788M	880M
Days Inventory Outstanding	106.67	126.75	92.13	82.88	92.08	93.23	90.04	83.27	84.72	89.1
Other Current Assets	629M	425M	928M	693M	622M	516M	465M	455M	322M	345M
Total Non-Current Assets+	9.22B	7.75B	5.65B	3.01B	3.84B	2.26B	1.86B	1.68B	1.72B	1.76B
Property, Plant & Equipment	5.68B	4.48B	2.71B	2.09B	2.38B	1.24B	996M	1.03B	1.09B	1.19B
Fixed Asset Turnover	1.66x	1.28x	2.10x	2.75x	2.08x	2.98x	3.66x	4.19x	4.69x	4.65x
Goodwill	2.8B	2.8B	2.73B	713M	239M	0	0	0	0	0
Intangible Assets	356M	248M	213M	213M	1.11B	810M	657M	506M	370M	325M
Long-Term Investments	76M	66M	62M	0	0	0	0	0	24M	34M
Other Non-Current Assets	144M	163M	159M	0	109M	211M	210M	138M	234M	213M
Total Assets+	14.79B	12.66B	9.75B	6.6B	7.29B	5.43B	4.77B	4.72B	5.07B	5.16B
Asset Turnover	0.64x	0.45x	0.58x	0.87x	0.68x	0.68x	0.76x	0.92x	1.01x	1.07x
Asset Growth %	-0.22%	-0.14%	-0.23%	-0.32%	0.1%	-0.25%	-0.12%	-0.01%	0.07%	0.02%
Total Current Liabilities+	4.03B	2.43B	2.23B	2.3B	1.67B	1.36B	1.33B	1.47B	1.87B	1.7B
Accounts Payable	948M	845M	856M	732M	585M	325M	380M	460M	679M	792M
Days Payables Outstanding	43.14	59.44	63.91	59.19	55.42	42.26	51.07	55.6	73	80.19
Short-Term Debt	1.58B	179M	148M	383M	3M	4M	0	31M	151M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	1000K	1000K	0	0	0
Other Current Liabilities	156M	312M	634M	508M	520M	-11M	-85M	413M	448M	714M
Current Ratio	1.38x	2.02x	1.74x	1.50x	2.07x	2.33x	2.19x	2.07x	1.79x	2.01x
Quick Ratio	0.80x	1.28x	1.19x	1.05x	1.48x	1.81x	1.68x	1.60x	1.37x	1.49x
Cash Conversion Cycle	132.44	155.12	98.86	95.5	128.1	132.79	121.59	111.03	98.15	92.4
Total Non-Current Liabilities+	6.39B	8.17B	8.09B	7.97B	2.71B	3.13B	2.95B	2.7B	2.28B	2.18B
Long-Term Debt	5.85B	7.4B	7.54B	7.61B	2.1B	2.55B	2.37B	2.16B	1.68B	1.59B
Capital Lease Obligations	0	0	0	0	267M	225M	172M	158M	167M	141M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	512M	765M	547M	362M	341M	357M	402M	379M	434M	453M
Total Liabilities	10.42B	10.6B	10.32B	10.27B	4.38B	4.5B	4.28B	4.17B	4.15B	3.88B
Total Debt+	7.46B	7.58B	7.69B	7.99B	2.46B	2.86B	2.62B	2.41B	2.06B	1.79B
Net Debt	6.99B	6.54B	7.08B	7.39B	1.84B	1.74B	1.66B	1.5B	1.1B	872M
Debt / Equity	1.71x	3.67x	-	-	0.84x	3.05x	5.27x	4.37x	2.23x	1.39x
Debt / EBITDA	-	-	-	-	-	-	4.70x	3.17x	1.80x	1.40x
Net Debt / EBITDA	-	-	-	-	-	-	2.99x	1.97x	0.96x	0.68x
Interest Coverage	-3.30x	-4.51x	-3.68x	-3.39x	-3.27x	-5.92x	0.45x	1.96x	4.51x	5.94x
Total Equity+	4.37B	2.07B	-571M	-3.67B	2.92B	937M	496M	551M	922M	1.28B
Equity Growth %	-0.38%	-0.53%	-1.28%	-5.42%	1.8%	-0.68%	-0.47%	0.11%	0.67%	0.39%
Book Value per Share	5.60	2.33	-0.58	-3.68	41.66	13.39	7.09	7.65	12.46	17.13
Total Shareholders' Equity	4.3B	2.01B	-626M	-3.67B	2.88B	907M	472M	535M	924M	1.28B
Common Stock	1M	1M	1M	1M	0	0	0	0	0	0
Retained Earnings	442M	-2.95B	-5.76B	-8.67B	-26M	-1.95B	-2.4B	-2.37B	-1.95B	-1.49B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-1.64B	-1.61B	-1.52B	-1.75B	9M	-43M	-35M	-22M	-28M	-150M
Minority Interest	61M	56M	55M	39M	36M	30M	24M	16M	-2M	-2M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	706M	-314M	-388M	-242M	-747M	210M	322M	349M	832M	792M
Operating CF Margin %	0.07%	-0.05%	-0.07%	-0.04%	-0.15%	0.06%	0.09%	0.08%	0.16%	0.14%
Operating CF Growth %	-0.27%	-1.44%	-0.24%	0.38%	-2.09%	1.28%	0.53%	0.08%	1.38%	-0.05%
Net Income	-1.95B	-3.37B	-2.79B	-2.79B	3.68B	-1.9B	-429M	51M	449M	550M
Depreciation & Amortization	1.2B	956M	801M	556M	447M	503M	440M	349M	327M	343M
Stock-Based Compensation	73M	87M	70M	47M	46M	25M	25M	25M	35M	45M
Deferred Taxes	-448M	381M	-25M	-79M	25M	-5M	-10M	4M	-86M	8M
Other Non-Cash Items	1.27B	1.34B	1.65B	2.21B	-4.52B	1.31B	210M	30M	162M	31M
Working Capital Changes	560M	290M	-93M	-190M	-433M	271M	86M	-110M	-55M	-185M
Change in Receivables	1.03B	214M	-29M	-70M	-135M	378M	-6M	-193M	-221M	-31M
Change in Inventory	349M	260M	-37M	86M	-215M	64M	-18M	-56M	-114M	-112M
Change in Payables	-813M	-21M	-2M	-90M	-72M	-250M	56M	84M	231M	97M
Cash from Investing+	-659M	-137M	-62M	122M	149M	-75M	-83M	-54M	-289M	-293M
Capital Expenditures	-690M	-214M	-240M	-214M	-250M	-154M	-85M	-132M	-209M	-299M
CapEx % of Revenue	0.07%	0.04%	0.04%	0.04%	0.05%	0.04%	0.02%	0.03%	0.04%	0.05%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	-120M	-483M	75M	71M	-136M	-39M	78M	-19M	67M
Cash from Financing+	12M	1.07B	20M	168M	749M	348M	-403M	-248M	-514M	-511M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-36M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-23M	-206M	-33M	-74M	-186M	-69M	-27M	-50M	-128M	-89M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	16M	-528M	-628M	-456M	-997M	56M	237M	217M	623M	493M
FCF Margin %	0%	-0.09%	-0.11%	-0.08%	-0.2%	0.02%	0.07%	0.05%	0.12%	0.09%
FCF Growth %	1.03%	-34%	-0.19%	0.27%	-1.19%	1.06%	3.23%	-0.08%	1.87%	-0.21%
FCF per Share	0.02	-0.60	-0.63	-0.46	-14.24	0.80	3.39	3.01	8.42	6.58
FCF Conversion (FCF/Net Income)	-0.36x	0.09x	0.14x	0.09x	-0.20x	-0.11x	-0.72x	13.42x	2.00x	1.57x
Interest Paid	477M	467M	538M	584M	272M	232M	269M	220M	181M	153M
Taxes Paid	331M	161M	87M	99M	89M	79M	62M	86M	132M	168M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-34.83%	-105.46%	-375.82%	-	125.55%	-99.71%	-62.81%	4.97%	56.62%	45.9%
Return on Invested Capital (ROIC)	-9.11%	-16.91%	-21.12%	-30.57%	-20.92%	-29.98%	3.59%	14.68%	30.19%	33.67%
Gross Margin	14.97%	9.74%	14.21%	21.41%	22.22%	23.83%	25.49%	30.27%	33.89%	34.61%
Net Margin	-21.04%	-59%	-49.36%	-48.94%	73.9%	-52.13%	-12.35%	0.6%	8.12%	9.18%
Debt / Equity	1.71x	3.67x	-	-	0.84x	3.05x	5.27x	4.37x	2.23x	1.39x
Interest Coverage	-3.30x	-4.51x	-3.68x	-3.39x	-3.27x	-5.92x	0.45x	1.96x	4.51x	5.94x
FCF Conversion	-0.36x	0.09x	0.14x	0.09x	-0.20x	-0.11x	-0.72x	13.42x	2.00x	1.57x
Revenue Growth	-36.74%	-39.05%	-0.87%	0.79%	-13.75%	-25.62%	-1.09%	18.82%	18.56%	7.36%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Service	-	-	-	-	-	2.25B	2.35B	2.7B	3.18B	3.39B
Service Growth	-	-	-	-	-	-	4.58%	14.66%	17.83%	6.73%
Product	-	-	-	-	-	1.44B	1.29B	1.63B	1.96B	2.12B
Product Growth	-	-	-	-	-	-	-9.97%	26.39%	19.78%	8.38%
Service Revenue	-	-	-	-	101M	-	-	-	-	-
Service Revenue Growth	-	-	-	-	-	-	-	-	-	-
606 revenue	-	-	-	5.41B	-	-	-	-	-	-
606 revenue Growth	-	-	-	-	-	-	-	-	-	-
Production	-	-	-	1.52B	-	-	-	-	-	-
Production Growth	-	-	-	-	-	-	-	-	-	-
Drilling and Evaluation	-	-	-	1.39B	-	-	-	-	-	-
Drilling and Evaluation Growth	-	-	-	-	-	-	-	-	-	-
Well Construction	-	-	-	1.29B	-	-	-	-	-	-
Well Construction Growth	-	-	-	-	-	-	-	-	-	-
Completion	-	-	-	1.21B	-	-	-	-	-	-
Completion Growth	-	-	-	-	-	-	-	-	-	-
Core Regionals	8.72B	5.33B	-	-	-	-	-	-	-	-
Core Regionals Growth	-	-38.89%	-	-	-	-	-	-	-	-
Drilling Rigs	713M	420M	-	-	-	-	-	-	-	-
Drilling Rigs Growth	-	-41.09%	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Middle East and North Africa	1.84B	1.51B	1.46B	1.43B	-	-	1.2B	1.4B	1.81B	2.12B
Middle East and North Africa Growth	-	-17.91%	-3.24%	-2.32%	-	-	-	16.94%	29.55%	16.97%
Latin America	1.78B	1.06B	890M	1.08B	-	-	814M	1.06B	1.39B	1.39B
Latin America Growth	-	-40.29%	-16.35%	20.90%	-	-	-	30.47%	30.60%	0.43%
North America	-	-	-	-	-	-	896M	1.1B	1.07B	1.05B
North America Growth	-	-	-	-	-	-	-	23.21%	-3.26%	-2.06%
Europe, Sub-Sahara Africa, Russia	1.61B	939M	999M	953M	-	-	737M	764M	865M	951M
Europe, Sub-Sahara Africa, Russia Growth	-	-41.79%	6.39%	-4.60%	-	-	-	3.66%	13.22%	9.94%
Eastern Hemisphere	-	-	2.76B	-	-	2.1B	-	-	-	-
Eastern Hemisphere Growth	-	-	-	-	-	-	-	-	-	-
Western Hemisphere	-	-	2.94B	-	-	1.59B	-	-	-	-
Western Hemisphere Growth	-	-	-	-	-	-	-	-	-	-
UNITED STATES	2.86B	1.52B	1.55B	-	-	-	-	-	-	-
UNITED STATES Growth	-	-46.82%	2.10%	-	-	-	-	-	-	-
CANADA	630M	355M	492M	-	-	-	-	-	-	-
CANADA Growth	-	-43.65%	38.59%	-	-	-	-	-	-	-
Asia	-	-	299M	-	-	-	-	-	-	-
Asia Growth	-	-	-	-	-	-	-	-	-	-
Asia Pacific	701M	355M	-	-	-	-	-	-	-	-
Asia Pacific Growth	-	-49.36%	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Weatherford International plc (WFRD) has a price-to-earnings (P/E) ratio of 13.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Weatherford International plc (WFRD) reported $4.97B in revenue for fiscal year 2024. This represents a 62% decrease from $12.99B in 2011.

Weatherford International plc (WFRD) grew revenue by 7.4% over the past year. This is steady growth.

Yes, Weatherford International plc (WFRD) is profitable, generating $405.0M in net income for fiscal year 2024 (9.2% net margin).

Dividend & Returns

Yes, Weatherford International plc (WFRD) pays a dividend with a yield of 0.55%. This makes it attractive for income-focused investors.

Weatherford International plc (WFRD) has a return on equity (ROE) of 45.9%. This is excellent, indicating efficient use of shareholder capital.

Weatherford International plc (WFRD) generated $382.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

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Weatherford International plc (WFRD) 10-Year Financial Performance & Capital Metrics

WFRD • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Systems & Equipment

Revenue $5.51B +7.4%
EBITDA $1.28B +11.7%
Net Income $506M +21.3%
EPS (Diluted) 6.75 +19.7%
Gross Margin 34.61% +2.1%
EBITDA Margin 23.24% +4.0%
Operating Margin 17.01% +6.5%
Net Margin 9.18% +13.0%
ROE 45.9% -18.9%
ROIC 33.67% +11.5%
Debt/Equity 1.39 -37.6%
Interest Coverage 5.94 +31.8%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 35.8%
✓Strong Piotroski F-Score: 8/9
✓Momentum leader: RS Rating 86 (top 14%)
✓High quality earnings: Operating CF exceeds net income
✓Trading near 52-week high
✓Efficient asset utilization: 1.1x turnover

✗Weaknesses

✗Profits declining 32.7% over 5 years

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-9.47%

5Y2.16%

3Y14.79%

TTM-10.19%

Profit (Net Income) CAGR

10Y-

5Y-32.69%

3Y-

TTM-24.16%

EPS CAGR

10Y-

5Y-33.51%

3Y-

TTM-22.47%

ROCE

10Y Avg-7.83%

5Y Avg7.66%

3Y Avg21.96%

Latest28.15%

Peer Comparison

Drilling Systems & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BKRBaker Hughes Company	48.32B	48.97	16.43	9.11%	10.43%	15.77%	4.25%	0.35
SLBSLB N.V.	68.57B	45.90	14.76	9.52%	10.34%	13.54%	6.52%	0.54
WFRDWeatherford International plc	6.3B	87.78	13.00	7.36%	8.15%	25.85%	7.83%	1.39
HALHalliburton Company	27.45B	32.61	11.52	-0.32%	5.91%	12.78%	8.83%	0.83
NOVNOV Inc.	6.46B	17.72	11.08	3.42%	4.37%	5.88%	14.74%	0.37
FETForum Energy Technologies, Inc.	463.65M	40.75	-3.70	10.5%	-14.58%	-38.76%	18.13%	0.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	9.43B	5.75B	5.7B	5.74B	4.95B	3.69B	3.65B	4.33B	5.13B	5.51B
Revenue Growth %	-0.37%	-0.39%	-0.01%	0.01%	-0.14%	-0.26%	-0.01%	0.19%	0.19%	0.07%
Cost of Goods Sold+	8.02B	5.19B	4.89B	4.51B	3.85B	2.81B	2.72B	3.02B	3.4B	3.6B
COGS % of Revenue	0.85%	0.9%	0.86%	0.79%	0.78%	0.76%	0.75%	0.7%	0.66%	0.65%
Gross Profit+	1.41B	560M	810M	1.23B	1.1B	878M	929M	1.31B	1.74B	1.91B
Gross Margin %	0.15%	0.1%	0.14%	0.21%	0.22%	0.24%	0.25%	0.3%	0.34%	0.35%
Gross Profit Growth %	-0.59%	-0.6%	0.45%	0.52%	-0.1%	-0.2%	0.06%	0.41%	0.33%	0.1%
Operating Expenses+	2.96B	2.81B	2.98B	3.31B	2.28B	2.36B	813M	899M	920M	970M
OpEx % of Revenue	0.31%	0.49%	0.52%	0.58%	0.46%	0.64%	0.22%	0.21%	0.18%	0.18%
Selling, General & Admin	1.58B	1.1B	1.03B	894M	895M	837M	738M	778M	804M	791M
SG&A % of Revenue	0.17%	0.19%	0.18%	0.16%	0.18%	0.23%	0.2%	0.18%	0.16%	0.14%
Research & Development	231M	159M	158M	139M	136M	97M	85M	90M	112M	123M
R&D % of Revenue	0.02%	0.03%	0.03%	0.02%	0.03%	0.03%	0.02%	0.02%	0.02%	0.02%
Other Operating Expenses	1.15B	1.54B	1.79B	2.28B	1.25B	1.43B	-10M	31M	4M	56M
Operating Income+	-1.55B	-2.25B	-2.13B	-2.08B	-1.18B	-1.49B	116M	412M	820M	938M
Operating Margin %	-0.16%	-0.39%	-0.37%	-0.36%	-0.24%	-0.4%	0.03%	0.1%	0.16%	0.17%
Operating Income Growth %	-4.06%	-0.46%	0.05%	0.02%	0.43%	-0.26%	1.08%	2.55%	0.99%	0.14%
EBITDA+	-346M	-1.29B	-1.33B	-1.53B	-735M	-983M	556M	761M	1.15B	1.28B
EBITDA Margin %	-0.04%	-0.23%	-0.23%	-0.27%	-0.15%	-0.27%	0.15%	0.18%	0.22%	0.23%
EBITDA Growth %	-1.18%	-2.74%	-0.03%	-0.15%	0.52%	-0.34%	1.57%	0.37%	0.51%	0.12%
D&A (Non-Cash Add-back)	1.2B	956M	801M	556M	447M	503M	440M	349M	327M	343M
EBIT	-1.63B	-2.38B	-2.08B	-2.14B	4.18B	-1.56B	-83M	348M	688M	897M
Net Interest Income+	-468M	-499M	-579M	-614M	-362M	-251M	-260M	-179M	-123M	-102M
Interest Income	0	0	0	0	0	0	0	31M	59M	56M
Interest Expense	468M	499M	579M	614M	362M	251M	260M	210M	182M	158M
Other Income/Expense	-550M	-632M	-486M	-673M	5B	-328M	-459M	-274M	-314M	-199M
Pretax Income+	-2.1B	-2.88B	-2.66B	-2.76B	3.82B	-1.81B	-343M	138M	506M	739M
Pretax Margin %	-0.22%	-0.5%	-0.47%	-0.48%	0.77%	-0.49%	-0.09%	0.03%	0.1%	0.13%
Income Tax+	-145M	496M	137M	34M	135M	85M	86M	87M	57M	189M
Effective Tax Rate %	0.95%	1.18%	1.06%	1.02%	0.96%	1.06%	1.31%	0.19%	0.82%	0.68%
Net Income+	-1.99B	-3.39B	-2.81B	-2.81B	3.66B	-1.92B	-450M	26M	417M	506M
Net Margin %	-0.21%	-0.59%	-0.49%	-0.49%	0.74%	-0.52%	-0.12%	0.01%	0.08%	0.09%
Net Income Growth %	-2.4%	-0.71%	0.17%	0%	2.3%	-1.52%	0.77%	1.06%	15.04%	0.21%
Net Income (Continuing)	-1.95B	-3.37B	-2.79B	-2.79B	3.68B	-1.9B	-429M	51M	449M	550M
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	61M	56M	55M	39M	36M	30M	24M	16M	-2M	-2M
EPS (Diluted)+	-2.55	-3.82	-2.84	-2.82	51.93	-27.44	-6.43	0.36	5.64	6.75
EPS Growth %	-2.4%	-0.5%	0.26%	0.01%	19.41%	-1.53%	0.77%	1.06%	14.67%	0.2%
EPS (Basic)	-2.55	-3.82	-2.84	-2.82	51.93	-27.44	-6.43	0.37	5.79	6.93
Diluted Shares Outstanding	779M	887M	990M	997M	70M	70M	70M	72M	74M	74.9M
Basic Shares Outstanding	779M	887M	990M	997M	70M	70M	70M	71M	72M	73M
Dividend Payout Ratio	-	-	-	-	-	-	-	-	-	0.07%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	5.56B	4.91B	3.88B	3.45B	3.45B	3.18B	2.91B	3.04B	3.35B	3.4B
Cash & Short-Term Investments	467M	1.04B	613M	602M	618M	1.12B	951M	910M	958M	916M
Cash Only	467M	1.04B	613M	602M	618M	1.12B	951M	910M	958M	916M
Short-Term Investments	0	0	0	0	0	0	0	0	0	0
Accounts Receivable	1.78B	1.38B	1.1B	1.13B	1.24B	826M	825M	989M	1.22B	1.26B
Days Sales Outstanding	68.91	87.81	70.64	71.81	91.43	81.82	82.61	83.35	86.43	83.49
Inventory	2.34B	1.8B	1.23B	1.02B	972M	717M	670M	689M	788M	880M
Days Inventory Outstanding	106.67	126.75	92.13	82.88	92.08	93.23	90.04	83.27	84.72	89.1
Other Current Assets	629M	425M	928M	693M	622M	516M	465M	455M	322M	345M
Total Non-Current Assets+	9.22B	7.75B	5.65B	3.01B	3.84B	2.26B	1.86B	1.68B	1.72B	1.76B
Property, Plant & Equipment	5.68B	4.48B	2.71B	2.09B	2.38B	1.24B	996M	1.03B	1.09B	1.19B
Fixed Asset Turnover	1.66x	1.28x	2.10x	2.75x	2.08x	2.98x	3.66x	4.19x	4.69x	4.65x
Goodwill	2.8B	2.8B	2.73B	713M	239M	0	0	0	0	0
Intangible Assets	356M	248M	213M	213M	1.11B	810M	657M	506M	370M	325M
Long-Term Investments	76M	66M	62M	0	0	0	0	0	24M	34M
Other Non-Current Assets	144M	163M	159M	0	109M	211M	210M	138M	234M	213M
Total Assets+	14.79B	12.66B	9.75B	6.6B	7.29B	5.43B	4.77B	4.72B	5.07B	5.16B
Asset Turnover	0.64x	0.45x	0.58x	0.87x	0.68x	0.68x	0.76x	0.92x	1.01x	1.07x
Asset Growth %	-0.22%	-0.14%	-0.23%	-0.32%	0.1%	-0.25%	-0.12%	-0.01%	0.07%	0.02%
Total Current Liabilities+	4.03B	2.43B	2.23B	2.3B	1.67B	1.36B	1.33B	1.47B	1.87B	1.7B
Accounts Payable	948M	845M	856M	732M	585M	325M	380M	460M	679M	792M
Days Payables Outstanding	43.14	59.44	63.91	59.19	55.42	42.26	51.07	55.6	73	80.19
Short-Term Debt	1.58B	179M	148M	383M	3M	4M	0	31M	151M	0
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	0	1000K	1000K	0	0	0
Other Current Liabilities	156M	312M	634M	508M	520M	-11M	-85M	413M	448M	714M
Current Ratio	1.38x	2.02x	1.74x	1.50x	2.07x	2.33x	2.19x	2.07x	1.79x	2.01x
Quick Ratio	0.80x	1.28x	1.19x	1.05x	1.48x	1.81x	1.68x	1.60x	1.37x	1.49x
Cash Conversion Cycle	132.44	155.12	98.86	95.5	128.1	132.79	121.59	111.03	98.15	92.4
Total Non-Current Liabilities+	6.39B	8.17B	8.09B	7.97B	2.71B	3.13B	2.95B	2.7B	2.28B	2.18B
Long-Term Debt	5.85B	7.4B	7.54B	7.61B	2.1B	2.55B	2.37B	2.16B	1.68B	1.59B
Capital Lease Obligations	0	0	0	0	267M	225M	172M	158M	167M	141M
Deferred Tax Liabilities	0	0	0	0	0	0	0	0	0	0
Other Non-Current Liabilities	512M	765M	547M	362M	341M	357M	402M	379M	434M	453M
Total Liabilities	10.42B	10.6B	10.32B	10.27B	4.38B	4.5B	4.28B	4.17B	4.15B	3.88B
Total Debt+	7.46B	7.58B	7.69B	7.99B	2.46B	2.86B	2.62B	2.41B	2.06B	1.79B
Net Debt	6.99B	6.54B	7.08B	7.39B	1.84B	1.74B	1.66B	1.5B	1.1B	872M
Debt / Equity	1.71x	3.67x	-	-	0.84x	3.05x	5.27x	4.37x	2.23x	1.39x
Debt / EBITDA	-	-	-	-	-	-	4.70x	3.17x	1.80x	1.40x
Net Debt / EBITDA	-	-	-	-	-	-	2.99x	1.97x	0.96x	0.68x
Interest Coverage	-3.30x	-4.51x	-3.68x	-3.39x	-3.27x	-5.92x	0.45x	1.96x	4.51x	5.94x
Total Equity+	4.37B	2.07B	-571M	-3.67B	2.92B	937M	496M	551M	922M	1.28B
Equity Growth %	-0.38%	-0.53%	-1.28%	-5.42%	1.8%	-0.68%	-0.47%	0.11%	0.67%	0.39%
Book Value per Share	5.60	2.33	-0.58	-3.68	41.66	13.39	7.09	7.65	12.46	17.13
Total Shareholders' Equity	4.3B	2.01B	-626M	-3.67B	2.88B	907M	472M	535M	924M	1.28B
Common Stock	1M	1M	1M	1M	0	0	0	0	0	0
Retained Earnings	442M	-2.95B	-5.76B	-8.67B	-26M	-1.95B	-2.4B	-2.37B	-1.95B	-1.49B
Treasury Stock	0	0	0	0	0	0	0	0	0	0
Accumulated OCI	-1.64B	-1.61B	-1.52B	-1.75B	9M	-43M	-35M	-22M	-28M	-150M
Minority Interest	61M	56M	55M	39M	36M	30M	24M	16M	-2M	-2M

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	706M	-314M	-388M	-242M	-747M	210M	322M	349M	832M	792M
Operating CF Margin %	0.07%	-0.05%	-0.07%	-0.04%	-0.15%	0.06%	0.09%	0.08%	0.16%	0.14%
Operating CF Growth %	-0.27%	-1.44%	-0.24%	0.38%	-2.09%	1.28%	0.53%	0.08%	1.38%	-0.05%
Net Income	-1.95B	-3.37B	-2.79B	-2.79B	3.68B	-1.9B	-429M	51M	449M	550M
Depreciation & Amortization	1.2B	956M	801M	556M	447M	503M	440M	349M	327M	343M
Stock-Based Compensation	73M	87M	70M	47M	46M	25M	25M	25M	35M	45M
Deferred Taxes	-448M	381M	-25M	-79M	25M	-5M	-10M	4M	-86M	8M
Other Non-Cash Items	1.27B	1.34B	1.65B	2.21B	-4.52B	1.31B	210M	30M	162M	31M
Working Capital Changes	560M	290M	-93M	-190M	-433M	271M	86M	-110M	-55M	-185M
Change in Receivables	1.03B	214M	-29M	-70M	-135M	378M	-6M	-193M	-221M	-31M
Change in Inventory	349M	260M	-37M	86M	-215M	64M	-18M	-56M	-114M	-112M
Change in Payables	-813M	-21M	-2M	-90M	-72M	-250M	56M	84M	231M	97M
Cash from Investing+	-659M	-137M	-62M	122M	149M	-75M	-83M	-54M	-289M	-293M
Capital Expenditures	-690M	-214M	-240M	-214M	-250M	-154M	-85M	-132M	-209M	-299M
CapEx % of Revenue	0.07%	0.04%	0.04%	0.04%	0.05%	0.04%	0.02%	0.03%	0.04%	0.05%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	0	-120M	-483M	75M	71M	-136M	-39M	78M	-19M	67M
Cash from Financing+	12M	1.07B	20M	168M	749M	348M	-403M	-248M	-514M	-511M
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	0	0	0	0	0	0	0	0	0	-36M
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	-23M	-206M	-33M	-74M	-186M	-69M	-27M	-50M	-128M	-89M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	16M	-528M	-628M	-456M	-997M	56M	237M	217M	623M	493M
FCF Margin %	0%	-0.09%	-0.11%	-0.08%	-0.2%	0.02%	0.07%	0.05%	0.12%	0.09%
FCF Growth %	1.03%	-34%	-0.19%	0.27%	-1.19%	1.06%	3.23%	-0.08%	1.87%	-0.21%
FCF per Share	0.02	-0.60	-0.63	-0.46	-14.24	0.80	3.39	3.01	8.42	6.58
FCF Conversion (FCF/Net Income)	-0.36x	0.09x	0.14x	0.09x	-0.20x	-0.11x	-0.72x	13.42x	2.00x	1.57x
Interest Paid	477M	467M	538M	584M	272M	232M	269M	220M	181M	153M
Taxes Paid	331M	161M	87M	99M	89M	79M	62M	86M	132M	168M

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	-34.83%	-105.46%	-375.82%	-	125.55%	-99.71%	-62.81%	4.97%	56.62%	45.9%
Return on Invested Capital (ROIC)	-9.11%	-16.91%	-21.12%	-30.57%	-20.92%	-29.98%	3.59%	14.68%	30.19%	33.67%
Gross Margin	14.97%	9.74%	14.21%	21.41%	22.22%	23.83%	25.49%	30.27%	33.89%	34.61%
Net Margin	-21.04%	-59%	-49.36%	-48.94%	73.9%	-52.13%	-12.35%	0.6%	8.12%	9.18%
Debt / Equity	1.71x	3.67x	-	-	0.84x	3.05x	5.27x	4.37x	2.23x	1.39x
Interest Coverage	-3.30x	-4.51x	-3.68x	-3.39x	-3.27x	-5.92x	0.45x	1.96x	4.51x	5.94x
FCF Conversion	-0.36x	0.09x	0.14x	0.09x	-0.20x	-0.11x	-0.72x	13.42x	2.00x	1.57x
Revenue Growth	-36.74%	-39.05%	-0.87%	0.79%	-13.75%	-25.62%	-1.09%	18.82%	18.56%	7.36%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Service	-	-	-	-	-	2.25B	2.35B	2.7B	3.18B	3.39B
Service Growth	-	-	-	-	-	-	4.58%	14.66%	17.83%	6.73%
Product	-	-	-	-	-	1.44B	1.29B	1.63B	1.96B	2.12B
Product Growth	-	-	-	-	-	-	-9.97%	26.39%	19.78%	8.38%
Service Revenue	-	-	-	-	101M	-	-	-	-	-
Service Revenue Growth	-	-	-	-	-	-	-	-	-	-
606 revenue	-	-	-	5.41B	-	-	-	-	-	-
606 revenue Growth	-	-	-	-	-	-	-	-	-	-
Production	-	-	-	1.52B	-	-	-	-	-	-
Production Growth	-	-	-	-	-	-	-	-	-	-
Drilling and Evaluation	-	-	-	1.39B	-	-	-	-	-	-
Drilling and Evaluation Growth	-	-	-	-	-	-	-	-	-	-
Well Construction	-	-	-	1.29B	-	-	-	-	-	-
Well Construction Growth	-	-	-	-	-	-	-	-	-	-
Completion	-	-	-	1.21B	-	-	-	-	-	-
Completion Growth	-	-	-	-	-	-	-	-	-	-
Core Regionals	8.72B	5.33B	-	-	-	-	-	-	-	-
Core Regionals Growth	-	-38.89%	-	-	-	-	-	-	-	-
Drilling Rigs	713M	420M	-	-	-	-	-	-	-	-
Drilling Rigs Growth	-	-41.09%	-	-	-	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Middle East and North Africa	1.84B	1.51B	1.46B	1.43B	-	-	1.2B	1.4B	1.81B	2.12B
Middle East and North Africa Growth	-	-17.91%	-3.24%	-2.32%	-	-	-	16.94%	29.55%	16.97%
Latin America	1.78B	1.06B	890M	1.08B	-	-	814M	1.06B	1.39B	1.39B
Latin America Growth	-	-40.29%	-16.35%	20.90%	-	-	-	30.47%	30.60%	0.43%
North America	-	-	-	-	-	-	896M	1.1B	1.07B	1.05B
North America Growth	-	-	-	-	-	-	-	23.21%	-3.26%	-2.06%
Europe, Sub-Sahara Africa, Russia	1.61B	939M	999M	953M	-	-	737M	764M	865M	951M
Europe, Sub-Sahara Africa, Russia Growth	-	-41.79%	6.39%	-4.60%	-	-	-	3.66%	13.22%	9.94%
Eastern Hemisphere	-	-	2.76B	-	-	2.1B	-	-	-	-
Eastern Hemisphere Growth	-	-	-	-	-	-	-	-	-	-
Western Hemisphere	-	-	2.94B	-	-	1.59B	-	-	-	-
Western Hemisphere Growth	-	-	-	-	-	-	-	-	-	-
UNITED STATES	2.86B	1.52B	1.55B	-	-	-	-	-	-	-
UNITED STATES Growth	-	-46.82%	2.10%	-	-	-	-	-	-	-
CANADA	630M	355M	492M	-	-	-	-	-	-	-
CANADA Growth	-	-43.65%	38.59%	-	-	-	-	-	-	-
Asia	-	-	299M	-	-	-	-	-	-	-
Asia Growth	-	-	-	-	-	-	-	-	-	-
Asia Pacific	701M	355M	-	-	-	-	-	-	-	-
Asia Pacific Growth	-	-49.36%	-	-	-	-	-	-	-	-

Frequently Asked Questions

Valuation & Price

Weatherford International plc (WFRD) has a price-to-earnings (P/E) ratio of 13.0x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

Weatherford International plc (WFRD) reported $4.97B in revenue for fiscal year 2024. This represents a 62% decrease from $12.99B in 2011.

Weatherford International plc (WFRD) grew revenue by 7.4% over the past year. This is steady growth.

Yes, Weatherford International plc (WFRD) is profitable, generating $405.0M in net income for fiscal year 2024 (9.2% net margin).

Dividend & Returns

Yes, Weatherford International plc (WFRD) pays a dividend with a yield of 0.55%. This makes it attractive for income-focused investors.

Weatherford International plc (WFRD) has a return on equity (ROE) of 45.9%. This is excellent, indicating efficient use of shareholder capital.

Weatherford International plc (WFRD) generated $382.0M in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.