Weatherford International
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Weatherford International's past years’ income statements indicate that its last revenue has increased compared to the previous period by 19% to $5,135,000,000. The net income raised on $417,000,000 and profit margin reached 8%. Total operating expenses were $920,000,000.
Profit Margin
| 2014 | 14.91B | -584M | -3.92% |
|---|---|---|---|
| 2015 | 9.43B | -1.98B | -21.04% |
| 2016 | 5.74B | -3.39B | -59% |
| 2017 | 5.69B | -2.81B | -49.36% |
| 2018 | 5.74B | -2.81B | -48.94% |
| 2019 | 4.95B | 3.66B | 73.9% |
| 2020 | 3.68B | -1.89B | -51.53% |
| 2021 | 3.64B | -429M | -11.77% |
| 2022 | 4.33B | 51M | 1.18% |
| 2023 | 5.13B | 417M | 8.12% |
WFRD Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 5.13B | 4.33B | 3.64B | 3.68B | 4.95B | 5.74B | 5.69B | 5.74B | 9.43B | 14.91B |
Cost of revenue | 3.39B | 3.02B | 2.71B | 2.80B | 3.85B | 4.51B | 4.88B | 5.18B | 8.02B | 11.46B |
Gross profit | 1.74B | 1.31B | 929M | 878M | 1.10B | 1.23B | 810M | 560M | 1.41B | 3.45B |
Operating exp. | ||||||||||
Research and development | 112M | 90M | 85M | 97M | 136M | 139M | 158M | 159M | 231M | 290M |
Selling and marketing | 0 | 0 | 0 | 0 | 765M | 764M | 910M | 970M | 1.35B | 1.72B |
Total operating expenses | 920M | 877M | -328M | 934M | 1.03B | 368M | 2.12B | 2.25B | 1.54B | 1.91B |
Operating income | 820M | 317M | -83M | -1.54B | -46M | -2.08B | -2.12B | -2.25B | -1.54B | 505M |
Other income (expenses), net | -314M | -179M | -260M | -328M | 3.86B | -2.06B | -486M | -49M | -550M | -760M |
Income before tax | 506M | 138M | -343M | -1.81B | 3.81B | -2.75B | -2.65B | -2.87B | -2.09B | -255M |
Income tax expense | 57M | 87M | 86M | 85M | 135M | 34M | 137M | 496M | -145M | 284M |
Net income | 417M | 51M | -429M | -1.89B | 3.66B | -2.81B | -2.81B | -3.39B | -1.98B | -584M |
Earnings per share | ||||||||||
Basic EPS | 5.79 | 0.72 | -6.13 | -27.13 | 51.93 | -2.82 | -2.84 | -3.82 | -2.55 | -0.75 |
Diluted EPS | 5.64 | 0.71 | -6.13 | -27.13 | 51.93 | -2.82 | -2.84 | -3.82 | -2.55 | -0.75 |
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