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Weatherford International plc

WFRD

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
5,513
Cost of Revenue
3,605
Gross Profit
1,908
Gross Margin
34.6%
Operating Income
938
Operating Margin
17.0%
Net Income
506
Net Margin
9.2%
EPS (Basic)
$6.93
EPS (Diluted)
$6.75
EBITDA
1,240
EBITDA Margin
22.5%

2023

12/31/2023

Revenue
5,135
Cost of Revenue
3,395
Gross Profit
1,740
Gross Margin
33.9%
Operating Income
820
Operating Margin
16.0%
Net Income
417
Net Margin
8.1%
EPS (Basic)
$5.79
EPS (Diluted)
$5.64
EBITDA
1,015
EBITDA Margin
19.8%

2022

12/31/2022

Revenue
4,331
Cost of Revenue
3,020
Gross Profit
1,311
Gross Margin
30.3%
Operating Income
412
Operating Margin
9.5%
Net Income
26
Net Margin
0.6%
EPS (Basic)
$0.37
EPS (Diluted)
$0.36
EBITDA
697
EBITDA Margin
16.1%

2021

12/31/2021

Revenue
3,645
Cost of Revenue
2,716
Gross Profit
929
Gross Margin
25.5%
Operating Income
116
Operating Margin
3.2%
Net Income
-450
Net Margin
-12.3%
EPS (Basic)
$-6.43
EPS (Diluted)
$-6.43
EBITDA
357
EBITDA Margin
9.8%

2020

12/31/2020

Revenue
3,685
Cost of Revenue
2,807
Gross Profit
878
Gross Margin
23.8%
Operating Income
-1,486
Operating Margin
-40.3%
Net Income
-1,921
Net Margin
-52.1%
EPS (Basic)
$-27.44
EPS (Diluted)
$-27.44
EBITDA
-1,060
EBITDA Margin
-28.8%