Weatherford International plc financial data

Symbol
WFRD on Nasdaq, WFTUF on OTC
Industry
Oil & Gas Field Machinery & Equipment
Location
2000 St. James Place, Houston, Texas
Fiscal year end
December 31
Former names
Weatherford International Ltd (to 6/19/2014)
Latest financial report
Q1 2024 - Apr 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 187 % -11.5%
Quick Ratio 46.1 % -6.86%
Debt-to-equity 477 % -42.5%
Return On Equity 52.9 % +56%
Return On Assets 9.28 % +146%
Operating Margin 15.5 % +130%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 73.2 M shares +1.51%
Common Stock, Shares, Outstanding 73.2 M shares +1.67%
Entity Public Float 3.6 B USD +140%
Common Stock, Value, Issued 0 USD
Weighted Average Number of Shares Outstanding, Basic 72.9 M shares +1.96%
Weighted Average Number of Shares Outstanding, Diluted 74.7 M shares +1.63%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 1.36 B USD +14.5%
Research and Development Expense 117 M USD +23.2%
Costs and Expenses 4.44 B USD +11%
Operating Income (Loss) 868 M USD +49.9%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 569 M USD +87.8%
Income Tax Expense (Benefit) 78 M USD -19.6%
Net Income (Loss) Attributable to Parent 457 M USD +157%
Earnings Per Share, Basic 6.33 USD/shares +152%
Earnings Per Share, Diluted 6.19 USD/shares +151%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 824 M USD -1.08%
Accounts Receivable, after Allowance for Credit Loss, Current 1.25 B USD +15%
Inventory, Net 850 M USD +18.2%
Other Assets, Current 274 M USD +8.3%
Assets, Current 3.31 B USD +8.84%
Property, Plant and Equipment, Net 988 M USD +7.51%
Operating Lease, Right-of-Use Asset 135 M USD +3.85%
Intangible Assets, Net (Excluding Goodwill) 417 M USD -12%
Other Assets, Noncurrent 238 M USD +66.4%
Assets 5.09 B USD +8.09%
Accounts Payable, Current 716 M USD +42.6%
Employee-related Liabilities, Current 298 M USD +9.96%
Contract with Customer, Liability, Current 66 M USD +26.9%
Liabilities, Current 1.8 B USD +19.1%
Long-term Debt and Lease Obligation 1.63 B USD -21.2%
Contract with Customer, Liability, Noncurrent 4 M USD +100%
Accrued Income Taxes, Noncurrent 286 M USD +9.58%
Operating Lease, Liability, Noncurrent 124 M USD -4.62%
Other Liabilities, Noncurrent 151 M USD -1.95%
Liabilities 3.99 B USD -3.23%
Accumulated Other Comprehensive Income (Loss), Net of Tax -52 M USD -174%
Retained Earnings (Accumulated Deficit) -1.84 B USD +19.9%
Stockholders' Equity Attributable to Parent 1.09 B USD +92.4%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 1.1 B USD +87.7%
Liabilities and Equity 5.09 B USD +8.09%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 131 M USD +56%
Net Cash Provided by (Used in) Financing Activities -187 M USD -47.2%
Net Cash Provided by (Used in) Investing Activities -54 M USD +15.6%
Common Stock, Shares Authorized 1.36 B shares 0%
Common Stock, Shares, Issued 73.2 M shares +1.67%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect -126 M USD +2.33%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 937 M USD -4.68%
Interest Paid, Excluding Capitalized Interest, Operating Activities 8 M USD -55.6%
Deferred Tax Assets, Valuation Allowance 1.32 B USD +1.23%
Operating Lease, Liability 177 M USD +9.94%
Depreciation 171 M USD -11.9%
Payments to Acquire Property, Plant, and Equipment 59 M USD -7.81%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 424 M USD +119%
Lessee, Operating Lease, Liability, to be Paid 273 M USD +7.06%
Property, Plant and Equipment, Gross 1.84 B USD +8.81%
Operating Lease, Liability, Current 47 M USD +6.82%
Lessee, Operating Lease, Liability, to be Paid, Year Two 48 M USD +26.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 58 M USD +5.46%
Operating Lease, Weighted Average Discount Rate, Percent 0.09 pure 0%
Deferred Income Tax Expense (Benefit) 14 M USD -22.2%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 96 M USD +2.13%
Lessee, Operating Lease, Liability, to be Paid, Year Three 36 M USD +16.1%
Deferred Tax Assets, Operating Loss Carryforwards 715 M USD -4.79%
Current Income Tax Expense (Benefit) 143 M USD +72.3%
Unrecognized Tax Benefits 286 M USD +9.58%
Lessee, Operating Lease, Liability, to be Paid, Year Four 25 M USD +4.17%
Operating Lease, Payments 67 M USD -16.3%
Amortization of Intangible Assets 157 M USD +0.64%
Depreciation, Depletion and Amortization 332 M USD -2.92%
Deferred Tax Assets, Net of Valuation Allowance 150 M USD +117%
Share-based Payment Arrangement, Expense 39 M USD +44.4%