WFRDWeatherford International plc
Is the business good?
The checks split: earnings fully cash-backed (1.4×), but margins compressing.
Operating profit is fully backed by cash. Conversion is improving vs a year ago.
Operating margin has narrowed over the past few years, profitability per dollar of sales is eroding.
A balanced mix of margins, efficiency, and leverage. ROE 23% = margin × turnover × leverage.
Unless marked, from derived.
Against the whole market›
Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.
Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.
How good a business is WFRD?
Weatherford International plc earns 20% on the capital it employs against a 9.0% cost of capital, so the business is worth more the bigger it gets.
Return on invested capital · cost of capital 9.0% · 11 points above what the capital costs: growth creates value
- Operating margin
- 12%
Operating margin · Oil & Gas Equipment & Services median 10% · 12 months to Q3 2026
- Cash conversion
- 1.40×
Cash conversion · 1.17× a year ago · operating cash flow covers the operating profit after tax
- Share count, year on year
- 0.00%
Share count, year on year · flat: no meaningful dilution
| Year | Operating margin |
|---|---|
| FY2020 | −40% |
| FY2021 | 3.2% |
| FY2022 | 9.5% |
| FY2023 | 16% |
| FY2024 | 17% |
| FY2025 | 15% |
Details›
- Operating margin12 months to Q3 2026
- 12%
- Net margin12 months to Q3 2026
- 8.6%
- Free cash flow margin
- 12%
- R&D as % of revenue
- 1.8%
- Revenue, trailing twelve months
- $4.69B
- Free cash flow, trailing twelve months
- $579M
- Net income, trailing twelve months
- $405M
- Return on invested capitaloperating profit after tax ÷ debt + equity − cash
- 20%
Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.
Oil & Gas Equipment & Services
Ranks #5 of 28 by RyuScore