Weatherford International PLC (WFRD)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 938,000 | 820,000 | 412,000 | 116,000 | -1,486,000 |
| Revenue | US$ in thousands | 5,505,000 | 5,023,000 | 4,331,000 | 3,645,000 | 3,685,000 |
| Operating profit margin | 17.04% | 16.32% | 9.51% | 3.18% | -40.33% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $938,000K ÷ $5,505,000K
= 17.04%
Weatherford International PLC's operating profit margin has shown a significant improvement over the years, indicating enhanced operational efficiency and profitability. From a negative figure of -40.33% in December 31, 2020, the company has successfully turned around its operations to achieve positive margins of 3.18% in December 31, 2021, 9.51% in December 31, 2022, 16.32% in December 31, 2023, and 17.04% in December 31, 2024. This consistent upward trend reflects effective cost management, increased productivity, and potentially improved revenue streams for Weatherford International PLC.
Peer comparison
Dec 31, 2024