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Weatherford International (XSWX:WFT) Net Margin % : 8.25% (As of Mar. 2024)


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What is Weatherford International Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Weatherford International's Net Income for the three months ended in Mar. 2024 was CHF100 Mil. Weatherford International's Revenue for the three months ended in Mar. 2024 was CHF1,207 Mil. Therefore, Weatherford International's net margin for the quarter that ended in Mar. 2024 was 8.25%.

The historical rank and industry rank for Weatherford International's Net Margin % or its related term are showing as below:

XSWX:WFT' s Net Margin % Range Over the Past 10 Years
Min: -59   Med: -16.7   Max: 73.9
Current: 8.61


XSWX:WFT's Net Margin % is ranked better than
61.45% of 978 companies
in the Oil & Gas industry
Industry Median: 4.145 vs XSWX:WFT: 8.61

Weatherford International Net Margin % Historical Data

The historical data trend for Weatherford International's Net Margin % 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 Net Margin % Chart

Weatherford International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 73.90 -52.13 -12.35 0.60 8.12

Weatherford International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % 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 6.07 6.44 9.37 10.28 8.25

Competitive Comparison of Weatherford International's Net Margin %

For the Oil & Gas Equipment & Services subindustry, Weatherford International's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Weatherford International's Net Margin % distribution charts can be found below:

* The bar in red indicates where Weatherford International's Net Margin % falls into.



Weatherford International Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

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

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=360.622/4440.748
=8.12 %

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

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=99.523/1206.719
=8.25 %

* 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  (XSWX:WFT) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Weatherford International Net Margin % Related Terms

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Weatherford International (XSWX:WFT) 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.

Weatherford International (XSWX:WFT) Headlines

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