Weatherford International plc
Income Statement
| Line Item | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|---|
| Revenue | $5.74B | $5.70B | $5.75B | $9.43B | $14.91B | $15.26B | $15.22B |
| Cost of Revenue | — | $2.14B | $2.14B | $3.43B | $4.94B | $4.48B | $4.69B |
| Gross Profit | $1.23B | $810.0M | $560.0M | $1.41B | $3.45B | $2.96B | $10.52B |
| Gross Margin | 21.4% | 14.2% | 9.7% | 15.0% | 23.1% | 19.4% | 69.2% |
| Operating Expenses | |||||||
| Research & Development | $139.0M | $158.0M | $159.0M | $231.0M | $290.0M | $265.0M | $257.0M |
| SG&A Expense | $130.0M | $130.0M | $138.0M | $227.0M | $290.0M | $316.0M | $355.0M |
| Operating Income | $-2.08B | $-2.17B | $-2.25B | $-1.55B | $505.0M | $523.0M | $298.0M |
| Operating Margin | -36.3% | -38.1% | -39.1% | -16.4% | 3.4% | 3.4% | 2.0% |
| Interest Expense | — | — | — | — | — | — | — |
| Pretax Income | $-2.76B | $-2.66B | $-2.88B | $-2.10B | $-255.0M | $-170.0M | $-288.0M |
| Income Tax Expense | $34.0M | $137.0M | $496.0M | $-145.0M | $284.0M | $144.0M | $462.0M |
| Net Income | $-2.81B | $-2.81B | $-3.39B | $-1.99B | $-584.0M | $-345.0M | $-778.0M |
| Net Margin | -48.9% | -49.4% | -59.0% | -21.0% | -3.9% | -2.3% | -5.1% |
| EPS (Basic) | $-2.82 | $-2.84 | $-3.82 | $-2.55 | $-0.75 | $-0.45 | $-1.02 |
| EPS (Diluted) | $-2.82 | $-2.84 | $-3.82 | $-2.55 | $-0.75 | $-0.45 | $-1.02 |
| Shares Outstanding (Basic) | — | — | 887.0M | 779.0M | 777.0M | 772.0M | 765.0M |
| Shares Outstanding (Diluted) | 997.0M | 990.0M | 887.0M | 779.0M | 777.0M | 772.0M | 765.0M |
| Dividends Per Share | — | — | — | — | — | — | — |