Weatherford Income Tax Expense from 2010 to 2024

WFRD Stock  USD 84.38  1.45  1.69%   
Weatherford International's Income Tax Expense is decreasing over the years with slightly volatile fluctuation. Overall, Income Tax Expense is projected to go to about -54.1 M this year. During the period from 2010 to 2024 Weatherford International Income Tax Expense annual values regression line had geometric mean of  107,441,063 and mean square error of 33137.9 T. View All Fundamentals
 
Income Tax Expense  
First Reported
1989-06-30
Previous Quarter
73 M
Current Value
12 M
Quarterly Volatility
78.9 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 Tax Expense Growth Pattern

Below is the plot of the Income Tax Expense of Weatherford International PLC over the last few years. It is Weatherford International's Income Tax Expense 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 Tax Expense10 Years Trend
Slightly volatile
   Income Tax Expense   
       Timeline  

Weatherford Income Tax Expense Regression Statistics

Arithmetic Mean145,083,333
Geometric Mean107,441,063
Coefficient Of Variation138.94
Mean Deviation153,022,222
Median87,000,000
Standard Deviation201,577,631
Sample Variance40633.5T
Range641M
R-Value(0.49)
Mean Square Error33137.9T
R-Squared0.24
Significance0.06
Slope(22,206,607)
Total Sum of Squares568869.6T

Weatherford Income Tax Expense History

2024-54.1 M
2023-57 M
202287 M
202186 M
202085 M
2019135 M
201834 M

About Weatherford International Financial Statements

Weatherford International stakeholders use historical fundamental indicators, such as Weatherford International's Income Tax Expense, 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 Tax Expense-57 M-54.1 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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.
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.