Weatherford International PLC

WFRD Energy Oil & Gas Equipment & Services

Weatherford International PLC’s revenue for fiscal 2025 (year ended December 2025) was $4.9 billion, down 10.8% from fiscal 2024.

Revenue
−7.22%
EPS
+46.9%
Free cash flow
+56.6%
Total debt
−6.80%

Quarter to September 2026, against a year earlier

82.85 3.19 −3.71%
Market cap
$6.0B
P/E
14.7×
Fwd P/E
16.0×
Dividend yield
1.33%
F-score
6/9
Altman Z
2.51
Beneish M
−2.55
Dividend safety
74/100

Weatherford International PLC (WFRD) valuation and DCF model

What the price implies · reverse DCF

At $82.85 the price implies free cash flow after share-based pay growing −1.9% a year for ten years.

Free cash flow after share-based pay grew 29.1% a year over the last five years. The price asks for 30.9 points a year less than its five-year rate. The industry’s median company is priced for 4.4%.

In December 2020 the price assumed −8.0% a year; Weatherford International PLC went on to grow free cash flow after share-based pay 42.1% a year to FY2025.

Price implies
−1.9%
Last 5 years, reported
29.1%
Industry median implies
4.4%

The headline discounts the last twelve months’ free cash flow after share-based pay at 9.0% for ten years and grows it 2.5% a year after that, the same for every company, so the figure compares across the market (how a reverse DCF works).

The other way round · DCF
The price needs
−1.9% a year for ten years
$82.85
today’s price
Its base case
25.0% a year for five years, then 15.0%
$455.27
449.5% above today’s price

Both are growth in free cash flow after share-based pay, discounted at 9.0%, with 2.5% a year after year ten.

Base case on its own ten-year record Weatherford International PLC’s own growth, carried forward

Its assumptions

Powerpack lets you start from a scenario and type over any of them.

The base case’s inputs, which Powerpack lets you change
1 · Cash flow to equity
the four quarters to September 2026, from the 10-Q and 10-K filings, before share-based pay

Yearly growth in cash flow. It usually slows as the company matures.

Today’s price implies free cash flow after share-based pay growing −1.9% a year for ten years.

2 · Rates

Cost of equity is the yearly return shareholders require, typically 8–11%. Terminal growth is growth forever after year 10, usually near long-run inflation, 2–3%.

3 · Per share

Diluted shares outstanding. Net debt, under Advanced inputs, is taken off before dividing.

Advanced inputs
negative is net cash
new shares the cash flow does not pay for

Against Weatherford International PLC’s own cost of capital: risk-free 4.3% + beta 0.83 × equity premium 4.5% = 8.0% cost of equity; weighted, 8.0%.

Use 8.0%
Equity value $32.92b ▲ above market cap $5.99b
Base case value per share $455.27 equity value ÷ 72.30m shares
Current price $82.85 market price per share
Above today’s price 449.5% upside at the base case’s assumptions

How we got there$10.67b 10 years of cash to equity+$22.53b terminal value−$282.00m net debt=$32.92b equity value÷72.30m shares=$455.27 per share

Valuation against its own history

Today’s multiple against its 5- and 10-year averages and the industry median (Oil & Gas Equipment & Services).

Multiple Current 5Y avg 10Y avg vs 10Y avg Industry median vs industry 10Y range
P/E 14.72× 39.40× 32.93× 55% below 20.53× 28% below
P/FCF 10.13× 11.48× 10.17× 0% below 12.36× 18% below
P/B 2.99× 4.80× 3.63× 18% below 1.64× 83% above
EV/EBITDA 7.20× 6.08× 33.62× 79% below 8.00× 10% below
EV/Sales 1.33× 1.24× 2.04× 35% below 1.29× 3% above
5.58×46.69×87.80×128.91×10Y avg 32.93×201920222023202420252026

WFRD trades at 14.72× P/E, against a 10-year average of 32.93× (range 0.53×–142.35×). That is dearer than 60% of the last 5 year-end readings; re-rating to the average implies $185.36 per share.

Every growth rate on this page is the business’s — its cash flow, FFO or dividend — never its share price’s. A discounted-cash-flow model is only as good as its assumptions. Figures from the 10-K and 10-Q filings. Not investment advice.