Weatherford International PLC (WFRD)
Pretax 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before tax but after interest (EBT) (ttm) | US$ in thousands | 695,000 | 680,000 | 667,000 | 535,000 | 474,000 | 425,000 | 323,000 | 275,000 | 113,000 | -121,000 | -242,000 | -323,000 | -364,000 | -402,000 | -501,000 | -1,007,000 | -1,836,000 | 3,690,000 | 3,066,000 | 3,352,000 |
| 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 |
| Pretax margin | 12.62% | 12.54% | 12.52% | 10.30% | 9.44% | 8.53% | 6.74% | 6.01% | 2.61% | -2.96% | -6.19% | -8.61% | -9.99% | -14.79% | -14.92% | -24.58% | -40.99% | 65.24% | 56.93% | 66.34% |
December 31, 2024 calculation
Pretax margin = EBT (ttm) ÷ Revenue (ttm)
= $695,000K ÷ $5,505,000K
= 12.62%
Weatherford International PLC's pretax margin has shown significant fluctuations over the past few years. The company experienced a sharp decline from a high of 66.34% in March 2020 to a low of -40.99% by the end of December 2020. This drastic swing suggests potential operational and financial challenges during this period.
However, the company has been gradually improving its performance since then, with pretax margins steadily increasing to positive territory from March 2023 onwards. This positive trend indicates that Weatherford International PLC has taken steps to enhance its operational efficiency and manage its costs effectively.
As of December 2024, the pretax margin stands at a healthy 12.62%, reflecting improved profitability and financial stability for the company. The consistent upward trend in pretax margins over the past few years indicates a positive trajectory for Weatherford International PLC's financial performance.
Peer comparison
Dec 31, 2024