Weatherford Income Before Tax from 2010 to 2024

WFRD Stock  USD 84.38  1.45  1.69%   
Weatherford International's Income Before Tax is increasing over the years with very volatile fluctuation. Overall, Income Before Tax is expected to go to about 531.3 M this year. During the period from 2010 to 2024 Weatherford International Income Before Tax annual values regression line had geometric mean of  580,426,825 and mean square error of 3265706.9 T. View All Fundamentals
 
Income Before Tax  
First Reported
1989-06-30
Previous Quarter
210 M
Current Value
178 M
Quarterly Volatility
573.9 M
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Weatherford International financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Weatherford International's main balance sheet or income statement drivers, such as Depreciation And Amortization of 468 M, Total Revenue of 4.9 B or Gross Profit of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.3, Dividend Yield of 0.0039 or PTB Ratio of 7.24. Weatherford financial statements analysis is a perfect complement when working with Weatherford International Valuation or Volatility modules.
  
Check out the analysis of Weatherford International Correlation against competitors.

Latest Weatherford International's Income Before Tax Growth Pattern

Below is the plot of the Income Before Tax of Weatherford International PLC over the last few years. Income Before Tax which can also be referred as pre-tax income is reported on Weatherford International income statement and is an important metric when analyzing Weatherford International profitability. Accounting techniques because taxes can be complex, and not perfectly consistent from one company to company, an analyst may use pre-tax income as a more stable measure of profitability. It is Weatherford International's Income Before Tax historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Weatherford International's overall financial position and show how it may be relating to other accounts over time.
Income Before Tax10 Years Trend
Very volatile
   Income Before Tax   
       Timeline  

Weatherford Income Before Tax Regression Statistics

Arithmetic Mean(500,360,000)
Geometric Mean580,426,825
Coefficient Of Variation(349.77)
Mean Deviation1,293,093,333
Median(255,000,000)
Standard Deviation1,750,128,935
Sample Variance3062951.3T
Range6.7B
R-Value0.1
Mean Square Error3265706.9T
R-Squared0.01
Significance0.72
Slope39,057,143
Total Sum of Squares42881318T

Weatherford Income Before Tax History

2024531.3 M
2023506 M
2022138 M
2021-343 M
2020-1.8 B
20193.8 B
2018-2.8 B

About Weatherford International Financial Statements

Weatherford International stakeholders use historical fundamental indicators, such as Weatherford International's Income Before Tax, to determine how well the company is positioned to perform in the future. Although Weatherford International investors may analyze each financial statement separately, they are all interrelated. For example, changes in Weatherford International's assets and liabilities are reflected in the revenues and expenses on Weatherford International's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Weatherford International PLC. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Income Before Tax506 M531.3 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Weatherford International is a strong investment it is important to analyze Weatherford International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Weatherford International's future performance. For an informed investment choice regarding Weatherford Stock, refer to the following important reports:
Check out the analysis of Weatherford International Correlation against competitors.
You can also try the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Is Oil & Gas Equipment & Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Weatherford International. If investors know Weatherford will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Weatherford International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.242
Dividend Share
0.25
Earnings Share
7.15
Revenue Per Share
75.912
Quarterly Revenue Growth
0.073
The market value of Weatherford International is measured differently than its book value, which is the value of Weatherford that is recorded on the company's balance sheet. Investors also form their own opinion of Weatherford International's value that differs from its market value or its book value, called intrinsic value, which is Weatherford International's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Weatherford International's market value can be influenced by many factors that don't directly affect Weatherford International's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Weatherford International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Weatherford International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Weatherford International's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.