Weatherford International (WFRD) Goodwill (2013 - 2020)
Weatherford International's (WFRD) quarterly Goodwill came in at $72.0 million in Q1 2020, down 85.71% on a YoY basis from $504.0 million in Q2 2019, and down 69.87% quarter-over-quarter from $239.0 million in Q4 2019.
Analysis
Weatherford International (WFRD) Goodwill (2013 - 2020) Analysis & Trends
Weatherford International (WFRD) has reported Goodwill for 8 consecutive years, with $72.0 million the latest figure, recorded in Q1 2020.
- For the quarter ending Q1 2020, Goodwill fell 85.71% year-over-year to $72.0 million; the trailing twelve-month figure through Mar 2020 stood at $72.0 million (down 85.71% YoY), and the FY2018 full-year result was $713.0 million, down 73.85% from the prior year.
- Goodwill fell to $72.0 million in Q1 2020 per WFRD's latest filing, from $239.0 million in the prior quarter.
- Across five years, Goodwill topped out at $2.9 billion in Q1 2016 and bottomed at $72.0 million in Q1 2020.
- Historically, Goodwill has averaged $1.9 billion across 5 years, with a median of $2.5 billion in 2017.
- The sharpest annual moves came in 2018 and 2020: Goodwill climbed 15.95% in 2018, then slumped 85.71% in 2020.
- Over 5 years, Goodwill stood at $2.8 billion in 2016, then dropped by 2.5% to $2.7 billion in 2017, then slumped by 73.85% to $713.0 million in 2018, then slumped by 66.48% to $239.0 million in 2019, then sank by 69.87% to $72.0 million in 2020.
- According to Business Quant data, Goodwill over the past three periods registered $72.0 million, $239.0 million, and $403.0 million for Q1 2020, Q4 2019, and Q2 2019 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2020 | 72.00 Mn |
| Dec 31, 2019 | 239.00 Mn |
| Jun 30, 2019 | 403.00 Mn |
| Mar 31, 2019 | 504.00 Mn |
| Dec 31, 2018 | 713.00 Mn |
| Sep 30, 2018 | 2.63 Bn |
| Jun 30, 2018 | 2.62 Bn |
| Mar 31, 2018 | 2.74 Bn |
| Dec 31, 2017 | 2.73 Bn |
| Sep 30, 2017 | 2.35 Bn |
| Jun 30, 2017 | 2.29 Bn |
| Mar 31, 2017 | 2.36 Bn |
| Dec 31, 2016 | 2.80 Bn |
| Sep 30, 2016 | 2.84 Bn |
| Jun 30, 2016 | 2.85 Bn |
| Mar 31, 2016 | 2.86 Bn |
| Dec 31, 2015 | 2.80 Bn |
| Sep 30, 2015 | 2.84 Bn |
| Jun 30, 2015 | 2.95 Bn |
| Mar 31, 2015 | 2.91 Bn |