Weatherford International PLC (WFRD)
Net profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 506,000 | 534,000 | 500,000 | 457,000 | 417,000 | 349,000 | 254,000 | 178,000 | 26,000 | -207,000 | -330,000 | -414,000 | -450,000 | -489,000 | -568,000 | -1,071,000 | -1,921,000 | 3,558,000 | 2,911,000 | 3,176,000 |
| Revenue (ttm) | US$ in thousands | 5,505,000 | 5,422,000 | 5,326,000 | 5,195,000 | 5,023,000 | 4,982,000 | 4,789,000 | 4,579,000 | 4,331,000 | 4,087,000 | 3,912,000 | 3,751,000 | 3,645,000 | 2,718,000 | 3,357,000 | 4,096,000 | 4,479,000 | 5,656,000 | 5,386,000 | 5,053,000 |
| Net profit margin | 9.19% | 9.85% | 9.39% | 8.80% | 8.30% | 7.01% | 5.30% | 3.89% | 0.60% | -5.06% | -8.44% | -11.04% | -12.35% | -17.99% | -16.92% | -26.15% | -42.89% | 62.91% | 54.05% | 62.85% |
December 31, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $506,000K ÷ $5,505,000K
= 9.19%
The net profit margin of Weatherford International PLC has shown significant fluctuations over the period from March 31, 2020, to December 31, 2024. The net profit margin started at a strong 62.85% in March 2020 but then experienced a sharp decline to -42.89% by December 2020, indicating a significant loss relative to revenue.
The negative trend continued through the first half of 2021, with net profit margins ranging between -26.15% and -16.92%. However, starting from September 2021, there was a gradual improvement in the net profit margin, albeit still negative. By the end of December 2024, the net profit margin had returned to positive territory at 9.19%.
This recovery in net profit margin from negative to positive values indicates that Weatherford International PLC managed to control costs and improve operational efficiency over the period under consideration. The increasing trend since 2021 suggests that the company's profitability has been on a positive trajectory, reflecting potential improvements in its financial performance and overall business operations. It is essential for Weatherford International PLC to sustain this positive net profit margin to ensure long-term financial stability and growth.
Peer comparison
Dec 31, 2024