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Weatherford International (Weatherford International) Pre-Tax Income : $569 Mil (TTM As of Mar. 2024)


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What is Weatherford International Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Weatherford International's pretax income for the three months ended in Mar. 2024 was $182 Mil. Its pretax income for the trailing twelve months (TTM) ended in Mar. 2024 was $569 Mil. Weatherford International's pretax margin was 13.40%.

During the past 13 years, Weatherford International's highest Pretax Margin was 77.09%. The lowest was -50.04%. And the median was -15.82%.


Weatherford International Pre-Tax Income Historical Data

The historical data trend for Weatherford International's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Weatherford International Pre-Tax Income Chart

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,819.00 -1,814.00 -343.00 138.00 506.00

Weatherford International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 119.00 74.00 164.00 149.00 182.00

Competitive Comparison of Weatherford International's Pre-Tax Income

For the Oil & Gas Equipment & Services subindustry, Weatherford International's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Weatherford International's Pre-Tax Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Weatherford International's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Weatherford International's Pre-Tax Income falls into.



Weatherford International Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Weatherford International's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=820+-191+-182+59+0
=506

Weatherford International's Pretax Income for the quarter that ended in Mar. 2024 is calculated as

Pretax Income=Operating Income+Non Operating Income+Interest Expense+Interest Income+Other
=233+-22+-43+14+0
=182

Pre-Tax Income for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $569 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Weatherford International  (NAS:WFRD) Pre-Tax Income Explanation

Weatherford International's Pretax Margin for the quarter that ended in Mar. 2024 is calculated as

Pretax Margin=Pretax Income/Revenue
=182/1358
=13.40%

During the past 13 years, Weatherford International's highest Pretax Margin was 77.09%. The lowest was -50.04%. And the median was -15.82%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Weatherford International Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Weatherford International's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Weatherford International (Weatherford International) Business Description

Traded in Other Exchanges
Address
2000 St. James Place, Houston, TX, USA, 77056
Weatherford International provides diversified oilfield services worldwide for an array of oilfield types. The firm is a global market leader in artificial lift and tubular running services. Other key product lines include cementing products, directional drilling, and wireline evaluation.
Executives
Joseph H Mongrain officer: EVP and CHRO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Girish Saligram director, officer: President and CEO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Desmond J Mills officer: VP & Chief Accounting Officer 2000 ST. JAMES PLACE, HOUSTON TX 77056
Scott C Weatherholt officer: EVP, GC & CCO 321 SOUTH BOSTON AVE., SUITE 1000, TULSA OK 74103
Arunava Mitra officer: EVP and CFO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Charles Davison officer: EVP - Operational Excellence 2000 ST. JAMES PLACE, HOUSTON TX 77056
H. Keith Jennings officer: EVP and CFO 2000 ST. JAMES PLACE, HOUSTON TX 77056
Benjamin Duster director 200 E. 84ST, 8TH FLOOR, NEW YORK NY 10028
Mark D Swift officer: President - Western Hemisphere 2000 ST. JAMES PLACE, HOUSTON TX 77056
Christian A Garcia officer: Chief Financial Officer 3000 N. SAM HOUSTON PARKWAY E., BLDG. J-4, HOUSTON TX 77032
John F Glick director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Charles M Sledge director 1611 SCENIC MOUNTAIN COURT, KINGWOOD TX 77345
Neal P Goldman director 10700 PARKRIDGE BLVD., RESTON VA 20191
Bates Thomas R Jr director TETRA TECHNOLOGIES, INC., 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Gordon T Hall director 3300 NORTH SAM HOUSTON PARKWAY EAST, HOUSTON TX 77032-3411