Weatherford International plc (WFRD)
2025-06-30 | 2025-03-31 | 2024-09-30 | 2024-06-30 | |
---|---|---|---|---|
Total revenue | 1,204 | 1,193 | 1,409 | 1,405 |
Other charges, net | - | 13 | 13 | 3 |
Cost of services and products | - | 819 | 917 | 891 |
Selling, general and administrative | 164 | 161 | 203 | 216 |
Restructuring charges | 11 | 29 | - | - |
Research and development | 30 | 29 | 33 | 31 |
Other expense, net | -3 | -20 | -41 | -20 |
Gain on sale of business | 70 | - | - | - |
Cost of services and products-Service | 464 | - | - | - |
Cost of services and products-Product | 365 | - | - | - |
Total costs and expenses | 967 | 1,051 | 1,166 | 1,141 |
Operating income | 237 | 142 | 243 | 264 |
Interest expense, net of interest income of 14, 17, 25 and 31 | -21 | -26 | -24 | -24 |
Loss on blue chip swap securities | -1 | - | - | -10 |
Other expense, net | -24 | - | - | - |
Income before income taxes | 191 | 96 | 178 | 210 |
Income tax provision | 46 | 10 | 12 | 73 |
Net income | 145 | 86 | 166 | 137 |
Net income attributable to noncontrolling interests | 9 | 10 | 9 | 12 |
Net income attributable to weatherford | 136 | 76 | 157 | 125 |
Basic income per share (in dollars per share) | 1.87 | 1.04 | 2.14 | 1.71 |
Basic weighted average shares outstanding (in shares) | 72,200,000 | 73,100,000 | 73,200,000 | 73,200,000 |
Diluted income per share (in dollars per share) | 1.87 | 1.03 | 2.06 | 1.66 |
Diluted weighted average shares outstanding (in shares) | 72,400,000 | 73,400,000 | 75,200,000 | 75,300,000 |