This page shows Weatherford (WFRD) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 14 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Cash-funded deleveraging became the core mechanic, with softer FY2025 sales still supporting steady free cash generation and a stronger balance sheet.
FY2025 revenue fell from$5.5B to$4.9B while operating margin also eased. Yet free cash flow stayed near$450M because capex fell to$226M , so cash resilience in FY2025 came more from lighter reinvestment than from stronger core profitability.
Across FY2021-FY2025, debt to equity fell from 5.0x to 0.8x, a large shift in how the business is financed. Even after
The drop in ROE from
Financial Health Signals
Scored against energy companies for FY2025. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Weatherford's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Weatherford scores 2.57, placing it in the grey zone between 1.81 and 2.99. This signals moderate financial risk that warrants monitoring.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Weatherford passes 6 of 8 computable financial strength tests (1 of the nine could not be computed from available data). 3 of 4 profitability signals pass, all 3 leverage/liquidity signals pass, neither operating efficiency signal passes.
For every $1 of reported earnings, Weatherford generates $1.57 in operating cash flow ($676.0M OCF vs $431.0M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Key Financial Metrics
Earnings & Revenue
Weatherford generated $4.9B in revenue in fiscal year 2025. This represents a decrease of 10.8% from the prior year.
Weatherford's EBITDA was $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization. This represents a decrease of 20.1% from the prior year.
Weatherford reported $431.0M in net income in fiscal year 2025. This represents a decrease of 14.8% from the prior year.
Weatherford earned $5.93 per diluted share (EPS) in fiscal year 2025. This represents a decrease of 12.1% from the prior year.
Cash & Balance Sheet
Weatherford generated $450.0M in free cash flow in fiscal year 2025, representing cash available after capex. This represents a decrease of 8.7% from the prior year.
Weatherford held $987.0M in cash against $1.4B in long-term debt as of fiscal year 2025.
Weatherford paid $1.00 per share in dividends in fiscal year 2025. This represents an increase of 100.0% from the prior year.
Weatherford had 72M shares outstanding in fiscal year 2025. This represents a decrease of 1.5% from the prior year.
Margins & Returns
Weatherford's operating margin was 15.4% in fiscal year 2025, reflecting core business profitability. This is down 1.6 percentage points from the prior year.
Weatherford's net profit margin was 8.8% in fiscal year 2025, showing the share of revenue converted to profit. This is down 0.4 percentage points from the prior year.
Weatherford's ROE was 25.4% in fiscal year 2025, measuring profit generated per dollar of shareholder equity. This is down 14.0 percentage points from the prior year.
Capital Allocation
Weatherford invested $108.0M in research and development in fiscal year 2025. This represents a decrease of 12.2% from the prior year.
Weatherford spent $101.0M on share buybacks in fiscal year 2025, returning capital to shareholders by reducing shares outstanding. This represents an increase of 2.0% from the prior year.
Weatherford invested $226.0M in capex in fiscal year 2025, funding long-term assets and infrastructure. This represents a decrease of 24.4% from the prior year.
WFRD Income Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | $1.2B-10.6% | $1.3B+4.6% | $1.2B+2.3% | $1.2B+0.9% | $1.2B-11.0% | $1.3B-4.8% | $1.4B+0.3% | $1.4B |
| Cost of Revenue | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $21.0M-4.5% | $22.0M-18.5% | $27.0M-10.0% | $30.0M+3.4% | $29.0M+3.6% | $28.0M-15.2% | $33.0M+6.5% | $31.0M |
| SG&A Expenses | $168.0M | N/A | $169.0M+3.0% | $164.0M+1.9% | $161.0M | N/A | $203.0M-6.0% | $216.0M |
| Operating Income | $123.0M-38.2% | $199.0M+11.8% | $178.0M-24.9% | $237.0M+66.9% | $142.0M-28.3% | $198.0M-18.5% | $243.0M-8.0% | $264.0M |
| Interest Expense | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Income Tax | -$4.0M+63.6% | -$11.0M-121.2% | $52.0M+13.0% | $46.0M+360.0% | $10.0M-77.8% | $45.0M+275.0% | $12.0M-83.6% | $73.0M |
| Net Income | $108.0M-21.7% | $138.0M+70.4% | $81.0M-40.4% | $136.0M+78.9% | $76.0M-32.1% | $112.0M-28.7% | $157.0M+25.6% | $125.0M |
| EPS (Diluted) | $1.49 | N/A | $1.12-40.1% | $1.87+81.6% | $1.03 | N/A | $2.06+24.1% | $1.66 |
WFRD Balance Sheet
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $5.1B-2.2% | $5.2B-1.4% | $5.3B+2.5% | $5.1B+1.7% | $5.1B-2.0% | $5.2B-0.6% | $5.2B+1.5% | $5.1B |
| Current Assets | $3.3B-2.9% | $3.4B-3.0% | $3.5B+4.4% | $3.3B+2.0% | $3.3B-4.1% | $3.4B+0.1% | $3.4B+1.1% | $3.4B |
| Cash & Equivalents | $1.0B+2.5% | $987.0M+2.1% | $967.0M+2.5% | $943.0M+8.0% | $873.0M-4.7% | $916.0M-0.4% | $920.0M+6.7% | $862.0M |
| Inventory | $824.0M-1.4% | $836.0M-5.0% | $880.0M-0.1% | $881.0M-0.9% | $889.0M+1.0% | $880.0M-4.2% | $919.0M+4.0% | $884.0M |
| Accounts Receivable | $1.2B-5.5% | $1.2B-3.7% | $1.3B+8.9% | $1.2B+0.2% | $1.2B-6.8% | $1.3B+2.4% | $1.2B-6.7% | $1.3B |
| Goodwill | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Liabilities | $3.3B-5.0% | $3.5B-5.5% | $3.7B+2.3% | $3.6B-1.9% | $3.7B-4.7% | $3.9B+1.1% | $3.8B-1.0% | $3.9B |
| Current Liabilities | $1.4B-7.7% | $1.5B-8.4% | $1.7B+11.6% | $1.5B-4.1% | $1.6B-7.6% | $1.7B+1.7% | $1.7B-1.4% | $1.7B |
| Long-Term Debt | $1.5B+2.7% | $1.4B-3.2% | $1.5B-6.6% | $1.6B-1.1% | $1.6B-0.2% | $1.6B-2.5% | $1.6B-0.1% | $1.6B |
| Total Equity | $1.8B+3.5% | $1.7B+8.9% | $1.6B+3.3% | $1.5B+11.7% | $1.4B+5.2% | $1.3B-4.5% | $1.3B+9.5% | $1.2B |
| Retained Earnings | -$1.0B+7.8% | -$1.1B+9.6% | -$1.2B+4.7% | -$1.3B+8.2% | -$1.4B+3.9% | -$1.5B+5.9% | -$1.6B+8.0% | -$1.7B |
WFRD Cash Flow Statement
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $136.0M-49.3% | $268.0M+94.2% | $138.0M+7.8% | $128.0M-9.9% | $142.0M-43.0% | $249.0M-5.0% | $262.0M+74.7% | $150.0M |
| Capital Expenditures | $54.0M+5.9% | $51.0M+15.9% | $44.0M-18.5% | $54.0M-29.9% | $77.0M-23.0% | $100.0M+28.2% | $78.0M+25.8% | $62.0M |
| Free Cash Flow | $82.0M-62.2% | $217.0M+130.9% | $94.0M+27.0% | $74.0M+13.8% | $65.0M-56.4% | $149.0M-19.0% | $184.0M+109.1% | $88.0M |
| Investing Cash Flow | -$68.0M-7.9% | -$63.0M-37.0% | -$46.0M-207.0% | $43.0M+154.4% | -$79.0M+8.1% | -$86.0M+6.5% | -$92.0M-50.8% | -$61.0M |
| Financing Cash Flow | -$56.0M+71.6% | -$197.0M-319.1% | -$47.0M+51.5% | -$97.0M+27.1% | -$133.0M0.0% | -$133.0M-49.4% | -$89.0M+12.7% | -$102.0M |
| Dividends Paid | $20.0M+11.1% | $18.0M0.0% | $18.0M0.0% | $18.0M0.0% | $18.0M0.0% | $18.0M0.0% | $18.0M | $0 |
| Share Buybacks | $10.0M+42.9% | $7.0M0.0% | $7.0M-79.4% | $34.0M-35.8% | $53.0M+8.2% | $49.0M-2.0% | $50.0M | $0 |
WFRD Financial Ratios
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 10.7%-4.8pp | 15.4%+1.0pp | 14.4%-5.2pp | 19.7%+7.8pp | 11.9%-2.9pp | 14.8%-2.5pp | 17.3%-1.5pp | 18.8% |
| Net Margin | 9.4%-1.3pp | 10.7%+4.1pp | 6.6%-4.7pp | 11.3%+4.9pp | 6.4%-2.0pp | 8.3%-2.8pp | 11.1%+2.2pp | 8.9% |
| Return on Equity | 6.1%-2.0pp | 8.1%+2.9pp | 5.2%-3.8pp | 9.0%+3.4pp | 5.6%-3.1pp | 8.7%-2.9pp | 11.7%+1.5pp | 10.2% |
| Return on Assets | 2.1%-0.5pp | 2.7%+1.1pp | 1.5%-1.1pp | 2.6%+1.1pp | 1.5%-0.7pp | 2.2%-0.9pp | 3.0%+0.6pp | 2.5% |
| Current Ratio | 2.31+0.1 | 2.19+0.1 | 2.07-0.1 | 2.21+0.1 | 2.08+0.1 | 2.01-0.0 | 2.04+0.1 | 1.99 |
| Debt-to-Equity | 0.830.0 | 0.83-0.1 | 0.94-0.1 | 1.04-0.1 | 1.17-0.1 | 1.23+0.0 | 1.21-0.1 | 1.33 |
| FCF Margin | 7.1%-9.7pp | 16.8%+9.2pp | 7.6%+1.5pp | 6.2%+0.7pp | 5.5%-5.7pp | 11.1%-1.9pp | 13.1%+6.8pp | 6.3% |
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Frequently Asked Questions
What is Weatherford's annual revenue?
Weatherford (WFRD) reported $4.9B in total revenue for fiscal year 2025. This represents a -10.8% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Weatherford's revenue growing?
Weatherford (WFRD) revenue declined by 10.8% year-over-year, from $5.5B to $4.9B in fiscal year 2025.
Is Weatherford profitable?
Yes, Weatherford (WFRD) reported a net income of $431.0M in fiscal year 2025, with a net profit margin of 8.8%.
What is Weatherford's EBITDA?
Weatherford (WFRD) had EBITDA of $1.0B in fiscal year 2025, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Weatherford have?
As of fiscal year 2025, Weatherford (WFRD) had $987.0M in cash and equivalents against $1.4B in long-term debt.
What is Weatherford's operating margin?
Weatherford (WFRD) had an operating margin of 15.4% in fiscal year 2025, reflecting the profitability of core business operations before interest and taxes.
What is Weatherford's net profit margin?
Weatherford (WFRD) had a net profit margin of 8.8% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Weatherford pay dividends?
Yes, Weatherford (WFRD) paid $1.00 per share in dividends during fiscal year 2025.
What is Weatherford's return on equity (ROE)?
Weatherford (WFRD) has a return on equity of 25.4% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Weatherford's free cash flow?
Weatherford (WFRD) generated $450.0M in free cash flow during fiscal year 2025. This represents a -8.7% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Weatherford's operating cash flow?
Weatherford (WFRD) generated $676.0M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Weatherford's total assets?
Weatherford (WFRD) had $5.2B in total assets as of fiscal year 2025, including both current and long-term assets.
What are Weatherford's capital expenditures?
Weatherford (WFRD) invested $226.0M in capital expenditures during fiscal year 2025, funding long-term assets and infrastructure.
How much does Weatherford spend on research and development?
Weatherford (WFRD) invested $108.0M in research and development during fiscal year 2025.
What is Weatherford's current ratio?
Weatherford (WFRD) had a current ratio of 2.19 as of fiscal year 2025, which is generally considered healthy.
What is Weatherford's debt-to-equity ratio?
Weatherford (WFRD) had a debt-to-equity ratio of 0.83 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Weatherford's return on assets (ROA)?
Weatherford (WFRD) had a return on assets of 8.3% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Weatherford's Altman Z-Score?
Weatherford (WFRD) has an Altman Z-Score of 2.57, placing it in the Grey Zone (moderate risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Weatherford's Piotroski F-Score?
Weatherford (WFRD) has a Piotroski F-Score of 6 out of 8 computable signals; 1 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Weatherford's earnings high quality?
Weatherford (WFRD) has an earnings quality ratio of 1.57x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
How financially healthy is Weatherford?
Weatherford (WFRD) scores 66 out of 100 on our Financial Health Score, indicating strong standing within its energy companies peer group. The score is a 0-100 composite of six dimensions (Profitability, Growth, Leverage, Liquidity, Cash Flow, Returns), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.