Weatherford International plc (WFRD) Balance Sheet

NASDAQ: WFRDAssets, liabilities, debt and equity over 10 years.

WFRD balance sheet, 2025

December 31, 2025 · U.S. dollars

$5.20B assets = $3.50B liabilities + $1.70B equity

Both columns are drawn to the same scale: what WFRD owns equals what it owes plus shareholders’ equity. Hover a block for its value.

WFRD financial health

Current ratio2.19

Comfortable · current assets cover current liabilities 2.19×

Debt / equity1.03

Moderate leverage · $1.03 of debt for each $1 of equity

Equity / assets32.6%

Balanced · of assets funded by shareholders

Cash / debt59.5%

Partial cover · cash & short-term investments vs total debt

Goodwill & intangibles5.5%

Mostly tangible · of total assets

Descriptive bands, not a rating. Fiscal 2025.

WFRD balance sheet trends, 2016–2025

Weatherford International plc balance sheet trends
Metric	Then	Latest	Change
Total assets	$12.66B2016	$5.20B2025	−9.4%/yr
Total liabilities	$10.60B2016	$3.50B2025	−11.6%/yr
Shareholders’ equity	$2.01B2016	$1.70B2025	−1.9%/yr
Cash & short-term investments	$1.04B2016	$1.04B2025	+0.1%/yr
Total debt	$7.58B2016	$1.75B2025	−15.0%/yr
Net cash (debt)	−$6.54B2016	−$709.0M2025	+$5.8B
Working capital	$2.48B2016	$1.83B2025	−$647.0M
Book value per share	$41.142019	$23.362025	−9.0%/yr
Current ratio	2.022016	2.192025	+0.17
Debt / equity	3.772016	1.032025	−2.74
Shares outstanding	70.0M2019	72.6M2025	+0.6%/yr

Change is the average annual growth (CAGR) or the difference between the first and latest year.

WFRD assets

Cash & ST investmentsReceivablesInventoryOther currentPP&EGoodwill & intangiblesLT investmentsOther non-current

WFRD liabilities and equity

Current liabilitiesLong-term debtOther long-term liabilitiesEquity

WFRD debt vs cash

Total debtCash & ST investmentsNet cash (debt)

Debt includes short- and long-term borrowings and, where reported, lease obligations.

WFRD balance sheet

Weatherford International plc annual balance sheet
	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016
Assets
Cash & short-term investments	$1.04B	$916.0M	$958.0M	$910.0M	$951.0M	$1.12B	$618.0M	$602.0M	$613.0M	$1.04B
Cash & equivalents	$1.04B	$916.0M	$958.0M	$910.0M	$951.0M	$1.12B	$618.0M	$602.0M	$613.0M	$1.04B
Receivables	$1.30B	$1.26B	$1.22B	$989.0M	$825.0M	$826.0M	$1.24B	$1.13B	$1.10B	$1.38B
Inventory	$836.0M	$880.0M	$788.0M	$689.0M	$670.0M	$717.0M	$972.0M	$1.02B	$1.23B	$1.80B
Other current assets	$189.0M	$345.0M	$383.0M	$455.0M	$465.0M	$516.0M	$622.0M	$693.0M	$928.0M	$688.0M
Total current assets	$3.37B	$3.40B	$3.35B	$3.04B	$2.91B	$3.18B	$3.45B	$3.45B	$3.88B	$4.91B
Property, plant & equipment (net)	$1.25B	$1.19B	$1.09B	$1.03B	$996.0M	$1.24B	$2.38B	$2.09B	$2.71B	$4.48B
Goodwill & intangible assets	$285.0M	$325.0M	$370.0M	$506.0M	$657.0M	$810.0M	$1.35B	$926.0M	$2.94B	$3.04B
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$288.0M	$247.0M	$258.0M	$138.0M	$210.0M	$211.0M	$109.0M	$139.0M	$221.0M	$229.0M
Total assets	$5.20B	$5.16B	$5.07B	$4.72B	$4.77B	$5.43B	$7.29B	$6.60B	$9.75B	$12.66B
Liabilities
Accounts payable	$650.0M	$792.0M	$679.0M	$460.0M	$380.0M	$325.0M	$585.0M	$732.0M	$856.0M	$845.0M
Short-term debt	$78.0M	$61.0M	$214.0M	$89.0M	$71.0M	$84.0M	$92.0M	$383.0M	$148.0M	$179.0M
Deferred revenue	$48.0M	—	—	—	$483.0M	$482.0M	$475.0M	$214.0M	$56.0M	$546.0M
Total current liabilities	$1.54B	$1.70B	$1.87B	$1.47B	$1.33B	$1.36B	$1.67B	$2.30B	$2.23B	$2.43B
Long-term debt	$1.42B	$1.59B	$1.68B	$2.16B	$2.37B	$0	$0	$0	$0	$0
Lease obligations	$227.0M	$202.0M	$230.0M	$216.0M	$243.0M	—	—	—	—	—
Other long-term liabilities	$549.0M	$594.0M	$601.0M	$537.0M	$574.0M	$3.13B	$2.71B	$7.97B	$8.09B	$8.17B
Total liabilities	$3.50B	$3.88B	$4.15B	$4.17B	$4.28B	$4.50B	$4.38B	$10.27B	$10.32B	$10.60B
Shareholders' equity
Common stock & paid-in capital	$1.70B	—	—	—	—	—	—	$1.0M	$1.0M	$1.0M
Retained earnings (deficit)	−$1.13B	−$1.49B	−$1.95B	−$2.37B	−$2.40B	−$1.95B	−$26.0M	−$8.67B	−$5.76B	−$2.95B
Accumulated other comprehensive income	$13.0M	−$150.0M	−$28.0M	−$22.0M	−$35.0M	−$43.0M	$9.0M	−$1.75B	−$1.52B	−$1.61B
Minority interest	−$3.0M	−$2.0M	−$2.0M	$16.0M	—	—	—	—	—	—
Total shareholders' equity	$1.70B	$1.28B	$924.0M	$535.0M	$472.0M	$907.0M	$2.88B	−$3.67B	−$626.0M	$2.01B
Key figures
Total debt	$1.75B	$1.79B	$2.06B	$2.41B	$2.62B	$2.86B	$2.46B	$7.99B	$7.69B	$7.58B
Net cash (debt)	−$709.0M	−$872.0M	−$1.10B	−$1.50B	−$1.66B	−$1.74B	−$1.84B	−$7.39B	−$7.08B	−$6.54B
Working capital	$1.83B	$1.71B	$1.48B	$1.57B	$1.58B	$1.81B	$1.78B	$1.15B	$1.65B	$2.48B
Tangible book value	$1.41B	$960.0M	$554.0M	$29.0M	−$185.0M	$97.0M	$1.53B	−$4.59B	−$3.57B	−$1.03B
Book value per share	$23.36	$17.16	$12.49	$7.43	$6.74	$12.96	$41.14	—	—	—
Shares outstanding	72.6M	74.9M	74.0M	72.0M	70.0M	70.0M	70.0M	—	—	—
Current ratio	2.19	2.01	1.79	2.07	2.19	2.33	2.07	1.50	1.74	2.02
Quick ratio	1.53	1.28	1.17	1.29	1.33	1.43	1.11	0.75	0.77	1.00
Debt / equity	1.03	1.39	2.23	4.50	5.54	3.16	0.85	—	—	3.77
Equity / assets	32.6%	24.9%	18.2%	11.3%	9.9%	16.7%	39.5%	−55.5%	−6.4%	15.9%

Weatherford International plc quarterly balance sheet
	Jun '26	Mar '26	Dec '25	Sep '25	Jun '25	Mar '25	Dec '24	Sep '24	Jun '24	Mar '24	Dec '23	Sep '23
Assets
Cash & short-term investments	$1.14B	$1.01B	$1.04B	$967.0M	$1.00B	$930.0M	$916.0M	$920.0M	$920.0M	$937.0M	$958.0M	$839.0M
Cash & equivalents	$1.14B	$1.01B	$1.04B	$967.0M	$1.00B	$930.0M	$916.0M	$920.0M	$920.0M	$937.0M	$958.0M	$839.0M
Receivables	$1.10B	$1.17B	$1.30B	$1.28B	$1.18B	$1.22B	$1.26B	$1.23B	$1.37B	$1.30B	$1.22B	$1.26B
Inventory	$811.0M	$824.0M	$836.0M	$880.0M	$881.0M	$889.0M	$880.0M	$919.0M	$884.0M	$850.0M	$788.0M	$776.0M
Other current assets	$246.0M	$273.0M	$189.0M	$347.0M	$267.0M	$227.0M	$345.0M	$330.0M	$186.0M	$222.0M	$383.0M	$344.0M
Total current assets	$3.30B	$3.27B	$3.37B	$3.48B	$3.33B	$3.26B	$3.40B	$3.40B	$3.36B	$3.31B	$3.35B	$3.22B
Property, plant & equipment (net)	$1.25B	$1.13B	$1.25B	$1.24B	$1.14B	$1.23B	$1.19B	$1.18B	$1.15B	$1.12B	$1.09B	$1.05B
Goodwill & intangible assets	$265.0M	$275.0M	$285.0M	$294.0M	$305.0M	$315.0M	$325.0M	$356.0M	$384.0M	$417.0M	$370.0M	$404.0M
Long-term investments	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0	$0
Other non-current assets	$290.0M	$405.0M	$288.0M	$258.0M	$372.0M	$248.0M	$247.0M	$249.0M	$220.0M	$238.0M	$258.0M	$217.0M
Total assets	$5.10B	$5.08B	$5.20B	$5.27B	$5.14B	$5.05B	$5.16B	$5.19B	$5.11B	$5.09B	$5.07B	$4.89B
Liabilities
Accounts payable	$625.0M	$630.0M	$650.0M	$690.0M	$685.0M	$714.0M	$792.0M	$723.0M	$771.0M	$716.0M	$679.0M	$620.0M
Short-term debt	$72.0M	$109.0M	$78.0M	$174.0M	$73.0M	$68.0M	$61.0M	$67.0M	$66.0M	$148.0M	$214.0M	$134.0M
Deferred revenue	$60.0M	$112.0M	$48.0M	—	—	$49.0M	—	$32.0M	$35.0M	$66.0M	$525.0M	$46.0M
Total current liabilities	$1.41B	$1.42B	$1.54B	$1.68B	$1.50B	$1.57B	$1.70B	$1.67B	$1.69B	$1.80B	$1.87B	$1.73B
Long-term debt	$1.42B	$1.42B	$1.42B	$1.43B	$1.53B	$1.55B	$1.59B	$1.59B	$1.59B	$0	$0	$0
Lease obligations	$206.0M	$215.0M	$227.0M	$218.0M	$221.0M	$207.0M	$202.0M	$228.0M	$233.0M	—	—	—
Other long-term liabilities	$490.0M	$493.0M	$549.0M	$601.0M	$593.0M	$575.0M	$594.0M	$577.0M	$592.0M	$2.19B	$2.28B	$2.40B
Total liabilities	$3.31B	$3.33B	$3.50B	$3.71B	$3.62B	$3.69B	$3.88B	$3.83B	$3.87B	$3.99B	$4.15B	$4.13B
Shareholders' equity
Common stock & paid-in capital	—	—	$1.70B	—	—	—	—	—	—	—	—	—
Retained earnings (deficit)	−$1.02B	−$1.04B	−$1.13B	−$1.25B	−$1.31B	−$1.43B	−$1.49B	−$1.58B	−$1.72B	−$1.84B	−$1.95B	−$2.09B
Accumulated other comprehensive income	$16.0M	—	$13.0M	−$2.0M	$11.0M	−$54.0M	−$150.0M	−$32.0M	−$52.0M	−$52.0M	−$28.0M	−$64.0M
Minority interest	$1.0M	$1.0M	−$3.0M	$7.0M	$9.0M	—	—	—	—	—	—	—
Total shareholders' equity	$1.79B	$1.76B	$1.70B	$1.56B	$1.51B	$1.35B	$1.28B	$1.34B	$1.23B	$1.09B	$924.0M	$742.0M
Key figures
Total debt	$1.62B	$1.66B	$1.75B	$1.74B	$1.75B	$1.76B	$1.79B	$1.82B	$1.82B	$1.90B	$2.06B	$2.13B
Net cash (debt)	−$485.0M	−$649.0M	−$709.0M	−$777.0M	−$744.0M	−$829.0M	−$872.0M	−$896.0M	−$901.0M	−$964.0M	−$1.10B	−$1.29B
Working capital	$1.89B	$1.86B	$1.83B	$1.80B	$1.82B	$1.70B	$1.71B	$1.73B	$1.67B	$1.51B	$1.48B	$1.49B
Tangible book value	$1.52B	$1.48B	$1.41B	$1.27B	$1.21B	$1.04B	$960.0M	$989.0M	$844.0M	$674.0M	$554.0M	$338.0M
Book value per share	$24.78	$24.35	$23.39	$21.61	$20.86	$18.42	$17.16	$17.89	$16.31	$14.61	$12.49	$10.03
Shares outstanding	72.2M	72.2M	72.5M	72.2M	72.4M	73.4M	74.9M	75.2M	75.3M	74.7M	74.0M	74.0M
Current ratio	2.34	2.31	2.19	2.07	2.21	2.08	2.01	2.04	1.99	1.84	1.79	1.86
Quick ratio	1.59	1.54	1.53	1.34	1.45	1.37	1.28	1.29	1.36	1.24	1.17	1.21
Debt / equity	0.91	0.94	1.03	1.12	1.16	1.30	1.39	1.35	1.48	1.74	2.23	2.87
Equity / assets	35.1%	34.6%	32.6%	29.6%	29.4%	26.8%	24.9%	25.9%	24.0%	21.4%	18.2%	15.2%

Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 4, 2026); data from EODHD.

WFRD financial position

At the end of fiscal 2025 (December 31, 2025), Weatherford International had total assets of $5.2 billion (up 0.7% from a year earlier), total liabilities of $3.5 billion and shareholders' equity of $1.7 billion. It held $1.0 billion in cash and short-term investments against $1.8 billion of debt, net debt of $709.0 million. Its current ratio was 2.19. In the latest quarter (ended June 30, 2026) total assets were $5.1 billion and equity $1.8 billion.

Related: WFRD income statement, WFRD cash flow statement, WFRD key metrics. See the WFRD stock overview for the latest quote and news.

WFRD balance sheet FAQ

What are Weatherford International's total assets?

Weatherford International reported total assets of $5.2 billion at the end of fiscal 2025 (December 31, 2025), compared with $5.2 billion a year earlier.

How much debt does Weatherford International have?

Weatherford International had $1.8 billion of total debt at the end of fiscal 2025, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 1.03.

How much cash does Weatherford International have?

Weatherford International held $1.0 billion in cash and short-term investments at the end of fiscal 2025; with $1.8 billion of debt that is net debt of $709.0 million.

What is Weatherford International's book value?

Weatherford International's shareholders' equity (book value) was $1.7 billion at the end of fiscal 2025, or $23.36 per share.

What is Weatherford International's current ratio?

Weatherford International had current assets of $3.4 billion and current liabilities of $1.5 billion, a current ratio of 2.19 (it can cover its short-term obligations).

How much goodwill does Weatherford International have?

Weatherford International carried $285.0 million of goodwill and intangible assets, 5.5% of total assets, at the end of fiscal 2025.