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WFRDWeatherford International plc
$83.37$6.0B
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Weatherford International plc (WFRD) Financial Ratios

Latest Ratios: P/E Ratio 14.1x · EV/EBITDA 6.6x · ROE 28.9%. (1996–2025 historical series)

Income StatementBalance SheetCash FlowRatios
AnnualQuarterly

WFRD Valuation Multiples

Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Market Cap$6.0B$5.7B$5.4B$7.2B$3.7B$1.9B$420M$2.0B———
Enterprise Value$6.7B$6.4B$6.2B$8.3B$5.2B$3.6B$2.2B$3.8B———
P/E Ratio →14.0613.2010.6117.35141.44——0.54———
P/S Ratio1.221.160.971.410.850.530.110.39———
P/B Ratio3.573.354.187.856.653.910.450.67———
P/FCF13.3312.6310.8811.6216.908.197.50————
P/OCF8.878.406.778.7010.506.032.00————

P/E links to full P/E history page with 30-year chart

WFRD EV Ratios

Enterprise-value multiples — capital-structure-neutral measures of total business value

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
EV / Revenue—1.301.131.621.190.990.590.77———
EV / EBITDA6.556.254.877.276.796.48—————
EV / EBIT8.879.096.9512.1214.84——0.91———
EV / FCF—14.2012.6513.3923.8015.2138.64————

WFRD Profitability

Margins and return-on-capital ratios measuring operating efficiency

Margins

Full margin charts and quarterly trend are on the Earnings History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Gross Margin21.7%21.7%34.6%33.9%30.3%25.5%23.8%22.2%21.4%14.2%9.7%
Operating Margin15.4%15.4%17.0%16.0%9.5%3.2%-40.3%-23.9%-36.3%-37.4%-39.2%
Net Profit Margin8.8%8.8%9.2%8.1%0.6%-12.3%-52.1%73.9%-48.9%-49.4%-59.0%

Return on Capital

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
ROE28.9%28.9%45.9%56.6%5.0%-62.8%-99.7%125.5%—-375.8%-105.5%
ROA8.3%8.3%9.9%8.5%0.5%-8.8%-30.2%52.7%-34.4%-25.1%-24.7%
ROIC24.9%24.9%33.7%30.2%14.7%3.6%-30.0%-20.9%-30.6%-21.1%-16.9%
ROCE21.2%21.2%28.1%25.4%12.3%3.1%-30.7%-23.8%-35.3%-24.0%-21.4%

WFRD Leverage & Debt

Solvency and debt-coverage ratios — lower is generally safer

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Debt / Equity1.031.031.392.234.375.273.050.84——3.67
Debt / EBITDA1.711.711.401.803.174.70—————
Net Debt / Equity—0.420.681.202.723.351.860.63——3.16
Net Debt / EBITDA0.690.690.680.961.972.99—————
Debt / FCF—1.581.771.776.917.0231.14————
Interest Coverage5.135.135.683.781.66-0.32-6.2311.55-3.49-3.59-4.77

WFRD Liquidity & Efficiency

Short-term solvency ratios and asset-utilisation metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Current Ratio2.192.192.011.792.072.192.332.071.501.742.02
Quick Ratio1.651.651.491.371.601.681.811.481.051.191.28
Cash Ratio0.680.680.540.510.620.710.820.370.260.270.43
Asset Turnover—0.951.071.010.920.760.680.680.870.580.45
Inventory Turnover4.614.614.104.314.384.053.913.964.403.962.88
Days Sales Outstanding—96.8583.4986.4383.3582.6181.8291.4371.8170.6487.81

WFRD Shareholder Yields

Earnings, FCF, buyback, and dividend yields — total returns to shareholders

Dividends

Full dividend history and growth charts are on the Dividend History page

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Dividend Yield1.2%1.3%0.7%————————
Payout Ratio16.7%16.7%7.1%————————

Total Shareholder Return Metrics

MetricTTMFY 2025FY 2024FY 2023FY 2022FY 2021FY 2020FY 2019FY 2018FY 2017FY 2016
Earnings Yield7.1%7.6%9.4%5.8%0.7%——185.8%———
FCF Yield7.5%7.9%9.2%8.6%5.9%12.2%13.3%————
Buyback Yield1.7%1.8%1.8%0.0%0.0%0.1%0.0%0.0%———
Total Shareholder Yield2.9%3.0%2.5%0.0%0.0%0.1%0.0%0.0%———
Shares Outstanding—$73M$75M$74M$72M$70M$70M$70M$997M$990M$887M

Key Metrics

Growth RegimeContracting
ProfitabilityModerate
Balance SheetHealthy
Cash FlowStable
Top Statement Risk

International market demand volatility

Verified Source

Metrics are mathematically derived from official filings.

SEC 10-K (2026Q1)

Valuation Discount Reflects Cyclical Uncertainty

According to current market data, WFRD trades at a forward EV/EBITDA of 4.47x, which appears significantly compressed compared to the broader oilfield services peer group, suggesting that investors remain skeptical of the company's ability to sustain its current margin profile through a full commodity cycle.

The P/E ratio of 13.95x sits well below the multiples commanded by larger, more diversified peers like SLB or Halliburton, implying that the market continues to apply a 'reorganization discount' to the equity. This valuation gap warrants further investigation into whether the current earnings baseline is truly sustainable or if it remains vulnerable to the cyclical revenue contraction observed in recent quarters.

Capital Efficiency Shows Gradual Improvement

Based on reported financial statements, WFRD's ROIC has trended toward a 4.0% to 8.0% range over the last ten quarters, indicating that while the company is successfully compounding returns post-reorganization, it still lags the double-digit efficiency levels typically achieved by the industry's top-tier service providers.

The improvement in ROIC from 4.0% in 2026Q1 back toward its historical peak of 9.4% suggests that management's focus on high-margin niches like Managed Pressure Drilling is beginning to bear fruit. However, investors should monitor whether this trend can persist, as the capital-intensive nature of the tool fleet requires consistent utilization to prevent a decay in returns on invested capital.

Working Capital Drag Limits Cash

As indicated by the company's quarterly filings, the cash conversion cycle remains elevated at 118 days in 2026Q1, reflecting the inherent difficulty in managing inventory and receivables across complex international projects compared to the more streamlined operations of domestic-focused service providers.

The persistent drag from working capital, particularly the 97-day DSO, suggests that WFRD faces structural challenges in collecting payments from international clients, which may be impacting its overall cash flow velocity. This inefficiency appears to be a primary constraint on the company's ability to convert its operating profits into free cash flow at a rate comparable to its peers.

Deleveraging Enhances Financial Flexibility

According to recent balance sheet data, WFRD has aggressively reduced its debt-to-equity ratio to 0.84 as of 2026Q1, a marked improvement from the 2.23 level observed in 2023Q4, which significantly lowers the company's interest coverage risk in the current high-rate environment.

This reduction in leverage appears to be a deliberate strategic shift to insulate the balance sheet from the volatility that led to the company's prior bankruptcy. The improved interest coverage ratio of 4.52x suggests that the company is now better positioned to weather potential downturns in international rig activity without the immediate threat of liquidity constraints.

Misapplied Focus on Revenue Growth

Market participants often misapply the revenue growth metric to WFRD, viewing the recent 10.79% contraction as a sign of competitive failure, whereas it may actually represent a strategic rationalization of low-margin, high-risk contracts that were previously inflating the top line at the expense of profitability.

Investors should prioritize operating margin and free cash flow generation over top-line growth, as the latter is often distorted by the company's transition away from commoditized service segments. Relying on revenue growth as a primary indicator of health obscures the underlying improvement in earnings quality and the successful shift toward higher-value, niche-dominant service offerings.

Download Financial Ratios Data

Includes 30+ ratios · 30 years · Updated daily

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WFRD — Frequently Asked Questions

Quick answers to the most common questions about buying WFRD stock.

What is Weatherford International plc's P/E ratio?

Weatherford International plc's current P/E ratio is 14.1x. The historical average is 36.6x. This places it at the 60th percentile of its historical range.

What is Weatherford International plc's EV/EBITDA?

Weatherford International plc's current EV/EBITDA is 6.6x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 6.3x.

What is Weatherford International plc's ROE?

Weatherford International plc's return on equity (ROE) is 28.9%. This is above the typical threshold of 15-20% considered good for most companies. The historical average is -9.5%.

Is WFRD stock overvalued?

Based on historical data, Weatherford International plc is trading at a P/E of 14.1x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.

What is Weatherford International plc's dividend yield?

Weatherford International plc's current dividend yield is 1.19% with a payout ratio of 16.7%.

What are Weatherford International plc's profit margins?

Weatherford International plc has 21.7% gross margin and 15.4% operating margin. Operating margin between 10-20% is typical for established companies.

How much debt does Weatherford International plc have?

Weatherford International plc's Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.