WFRDWeatherford International plc
Oil & Gas Field Machinery & Equipment
- Revenue
- $4.9B
- 11% YoY
- Operating margin
- 15.4%
- 9.7% YoY
- EBITDA
- $1.0B
- 20% YoY
- Market cap
- $6.6B
- Employees
- 16,700
- $294K revenue each
- Net debt / EBITDA
- 0.7×
- $722M net debt
- AI in 10-K
- 3.0
- mentions per 10K words
Takeover score 2 of 13
Fixable underperformance 0 of 7
- TSR below peersNo0 of 5 years3+ of last 5 years
- High CEO pay despite TSRNo$13M medianMedian CEO pay ≥ $15M while TSR trails
- Earnings not backed by cashNo157% of net incomeCash flow under 80% of net income
- Dilutive SBCNo1% of revenueOver 10% of revenue
- Payouts exceed cash flowNo26% of cash flowBuybacks + dividends over cash flow
- Goodwill-heavyNo0% of assetsOver 40% of assets
- Shareholder dissentNo100% lowest supportAny vote under 80% support
Buyer economics 1 of 4
- Low revenue per employeeYes$294K · 21st pctBottom quartile of its SIC industry
- Quiet on AINo3.0 per 10K words · 69th pctBottom quartile of AI mentions in 10-Ks
- Net cashNo0.7× EBITDA net debtMore cash than debt, positive EBITDA
- Buyout-sizedNo$6.6B market capMarket cap $500M–$5B
Catalysts 1 of 2
- Active 13DNo0 filingsActive-intent 13D in 18 months
- Net insider sellingYes−$18M netNet sales over $10M in 12 months
Financials
| Metric | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY |
|---|---|---|---|---|---|---|
| Revenue | $3.6B | $4.3B | $5.1B | $5.5B | $4.9B | 11% |
| Operating income | $116M | $412M | $820M | $938M | $756M | 19% |
| Net income | −$450M | $26M | $417M | $506M | $431M | 15% |
| Operating cash flow | $322M | $349M | $832M | $792M | $676M | 15% |
| Capex | $85M | $132M | $209M | $299M | $226M | 24% |
| Stock-based comp | $25M | $25M | $35M | $45M | $38M | 16% |
| Buybacks | — | $0 | $0 | $99M | $101M | 2.0% |
| Dividends | — | $0 | $0 | $36M | $72M | 100% |
Deal filings
None.
13D filers
None on file.
Insider trading
- Open-market buys, 12 mo
- $0 · 0
- Open-market sells, 12 mo
- $18M · 12
- Net
- −$18M
Pay vs performance
| Year | CEO total comp | Comp actually paid | TSR (indexed) | Peer TSR |
|---|---|---|---|---|
| FY2025 | $13M | $22M | 625 | 193 |
| FY2024 | $15M | −$6M | 559 | 161 |
| FY2023 | $11M | $50M | 764 | 135 |
| FY2022 | $12M | $50M | 398 | 130 |
| FY2021 | $13M | $48M | 216 | 95 |