• Weatherford average return on tangible equity for 2023 was 17959.01, a 8484.61% decline from 2022.
• Weatherford average return on tangible equity for 2022 was 209.2, a 195.29% increase from 2021.
• Weatherford average return on tangible equity for 2021 was -219.54, a 34.15% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.