Weatherford International (WFRD) Amortization of Goodwill (2014 - 2020)
Weatherford International (WFRD) posted Amortization of Goodwill of $72.0 million for Q2 2020, down 56.89% on a QoQ basis from $167.0 million in Q1 2020, and down 29.41% year-over-year from $102.0 million in Q3 2019.
Weatherford International (WFRD) Amortization of Goodwill (2014 - 2020) Analysis & Trends
Weatherford International's Amortization of Goodwill history runs 4 years deep, the most recent figure standing at $72.0 million for Q2 2020.
- Quarterly Amortization of Goodwill fell 29.41% year-over-year to $72.0 million in Q2 2020, while the trailing twelve-month figure through Mar 2021 was $72.0 million (down 91.38% YoY) and the FY2020 annual result came in at $239.0 million, changed N/A from the prior year.
- Amortization of Goodwill was $72.0 million for Q2 2020 at Weatherford International, down from $167.0 million in the prior quarter.
- Across five years, Amortization of Goodwill topped out at $1.9 billion in Q4 2018 and bottomed at $72.0 million in Q2 2020.
- A 3-year average of $436.1 million and a median of $167.0 million in 2019 frame the typical range for Amortization of Goodwill.
- Annual changes were most pronounced in 2019 — Amortization of Goodwill tumbled 91.29% — and 2020, when it retreated 27.07%.
- Weatherford International's Amortization of Goodwill stood at $1.9 billion in 2018, then tumbled by 91.29% to $167.0 million in 2019, then slumped by 56.89% to $72.0 million in 2020.
- Business Quant data shows WFRD's Amortization of Goodwill at $72.0 million in Q2 2020, $167.0 million in Q1 2020, and $167.0 million in Q4 2019.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2020 | 72.00 Mn |
| Jun 30, 2020 | 72.00 Mn |
| Mar 31, 2020 | 167.00 Mn |
| Mar 31, 2020 | 167.00 Mn |
| Dec 31, 2019 | 167.00 Mn |
| Dec 31, 2019 | 167.00 Mn |
| Sep 30, 2019 | 399.00 Mn |
| Sep 30, 2019 | 399.00 Mn |
| Jun 30, 2019 | 102.00 Mn |
| Jun 30, 2019 | 102.00 Mn |
| Mar 31, 2019 | 229.00 Mn |
| Mar 31, 2019 | 229.00 Mn |
| Dec 31, 2018 | 1.92 Bn |
| Dec 31, 2018 | 1.92 Bn |
| Sep 30, 2014 | -4.00 Mn |
| Sep 30, 2014 | -4.00 Mn |
| Jun 30, 2014 | 121.00 Mn |
| Jun 30, 2014 | 121.00 Mn |