Weatherford International PLC (WFRD)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 5,159,000 | 5,068,000 | 4,720,000 | 4,774,000 | 5,434,000 |
| Operating ROA | 18.18% | 16.18% | 8.73% | 2.43% | -27.35% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $938,000K ÷ $5,159,000K
= 18.18%
Weatherford International PLC's operating return on assets (Operating ROA) has shown a positive trend over the years based on the provided data.
Starting with -27.35% in December 2020, the company managed to turn around its operating performance significantly by achieving an operating ROA of 2.43% by December 2021. This improvement continued in the subsequent years, with operating ROA reaching 8.73% by December 2022, 16.18% by December 2023, and 18.18% by December 2024.
The consistent increase in operating ROA indicates that Weatherford International PLC has been able to generate more operating income relative to its assets, reflecting improved operational efficiency and effectiveness in utilizing its assets. This upward trend suggests that the company's operational performance has been steadily improving over the years, which can be viewed positively by investors and stakeholders.
Overall, the rising trend in operating return on assets demonstrates the company's ability to generate profits from its core operations and indicates a potential enhancement in operational effectiveness and asset utilization.
Peer comparison
Dec 31, 2024