Weatherford Historical Income Statement
| WFRD Stock | USD 85.83 0.51 0.60% |
Historical analysis of Weatherford International income statement accounts such as Depreciation And Amortization of 468 M, Total Revenue of 4.9 B, Gross Profit of 1.4 B or Other Operating Expenses of 2.8 B can show how well Weatherford International PLC performed in making a profits. Evaluating Weatherford International income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Weatherford International's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Weatherford International latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Weatherford International is a good buy for the upcoming year.
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About Weatherford Income Statement Analysis
Weatherford International Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Weatherford International shareholders. The income statement also shows Weatherford investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Weatherford International Income Statement Chart
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Total Revenue
Total revenue comprises all receipts Weatherford International generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Weatherford International PLC minus its cost of goods sold. It is profit before Weatherford International operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Weatherford International. It is also known as Weatherford International overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on Weatherford International income statement and represents the costs associated with goods and services Weatherford International provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from Weatherford International's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Weatherford International current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. At present, Weatherford International's Operating Income is projected to decrease significantly based on the last few years of reporting. The current year's EBIT is expected to grow to about 861 M, whereas Gross Profit is forecasted to decline to about 1.4 B.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 3.6B | 4.3B | 5.1B | 4.9B | Depreciation And Amortization | 440M | 349M | 327M | 468.0M |
Weatherford International income statement Correlations
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Weatherford International Account Relationship Matchups
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Weatherford International income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Depreciation And Amortization | 481M | 503M | 440M | 349M | 327M | 468.0M | |
| Total Revenue | 5.0B | 3.7B | 3.6B | 4.3B | 5.1B | 4.9B | |
| Gross Profit | 1.1B | 878M | 929M | 1.3B | 1.7B | 1.4B | |
| Other Operating Expenses | 4.9B | 3.7B | 328M | 3.9B | 4.3B | 2.8B | |
| Operating Income | (46M) | (1.5B) | (83M) | 317M | 820M | 861M | |
| Ebit | 4.2B | (1.5B) | (83M) | 412M | 820M | 861M | |
| Ebitda | 4.7B | (1.0B) | 357M | 761M | 820M | 678.4M | |
| Cost Of Revenue | 3.9B | 2.8B | 2.7B | 3.0B | 3.4B | 3.4B | |
| Total Operating Expenses | 1.0B | 934M | (328M) | 877M | 920M | 681.8M | |
| Income Before Tax | 3.8B | (1.8B) | (343M) | 138M | 506M | 531.3M | |
| Total Other Income Expense Net | 3.9B | (328M) | (260M) | (274M) | (314M) | (298.3M) | |
| Net Income | 3.7B | (1.9B) | (429M) | 51M | 417M | 437.9M | |
| Income Tax Expense | 135M | 85M | 86M | 87M | (57M) | (54.2M) | |
| Interest Expense | 362M | 266M | 260M | 179M | 123M | 232.7M | |
| Research Development | 136M | 97M | 85M | 90M | 112M | 128.6M | |
| Selling And Marketing Expenses | 910M | 764M | 765M | 800M | 720M | 940.0M | |
| Tax Provision | 135M | 85M | 86M | 87M | 76M | 73.1M | |
| Net Interest Income | (362M) | (266M) | (260M) | (179M) | (131M) | (137.6M) | |
| Net Income From Continuing Ops | 3.7B | (1.9B) | (429M) | 51M | 378M | 396.9M | |
| Reconciled Depreciation | 447M | 503M | 440M | 349M | 328M | 391.3M | |
| Net Income Applicable To Common Shares | 3.6B | (1.9B) | (450M) | 26M | 29.9M | 31.4M | |
| Minority Interest | 36M | 30M | 21M | 25M | (29M) | (27.6M) |
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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 Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Weatherford International PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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.