Stock Analysis on Net

SLB N.V. (NYSE:SLB)

$24.99

Return on Equity (ROE)
since 2005

Microsoft Excel

Calculation

SLB N.V., ROE, long-term trends, calculation

Microsoft Excel

Based on: 10-K (reporting date: 2025-12-31), 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions


The return on equity (ROE) exhibited significant fluctuations over the period from 2005 to 2025. Initially, the ROE demonstrated a strong performance, followed by a period of volatility and eventual recovery. A detailed examination of the trend reveals distinct phases in the company’s profitability relative to shareholder equity.

Initial Growth & Stability (2005-2007)
From 2005 to 2007, the ROE experienced substantial growth, increasing from 29.07% to 34.80%. This period indicates a strong ability to generate profits from shareholder investments. The values remained consistently high, suggesting a stable and efficient operational environment.
Moderate Performance (2008-2010)
Between 2008 and 2010, the ROE experienced a decline, moving from 32.23% in 2008 to 13.66% in 2010. While still positive, this represents a considerable decrease in profitability relative to equity. This downturn may be attributable to broader economic conditions or company-specific challenges.
Fluctuating Performance (2011-2015)
The period from 2011 to 2015 was characterized by fluctuating ROE values. The ROE ranged from 5.81% to 15.98%, indicating inconsistent profitability. A notable negative value of -4.11% was recorded in 2015, representing a net loss relative to shareholder equity.
Significant Decline & Recovery (2016-2019)
2016 through 2019 witnessed a dramatic shift. The ROE experienced substantial negative values in 2018 and 2019, reaching -42.66% and -87.13% respectively. These figures suggest significant losses relative to equity during these years. However, a modest recovery to 5.91% was observed in 2018 before the substantial decline.
Recent Improvement & Stabilization (2020-2025)
From 2020 onwards, the ROE demonstrated a clear upward trend, recovering from the losses experienced in prior years. The ROE increased from 12.54% in 2020 to 21.11% in 2022, before settling at 12.92% in 2025. This suggests a return to profitability and improved efficiency in utilizing shareholder equity. The values in this period indicate a more stable and positive financial position.

Overall, the ROE trend reveals a period of initial strength, followed by volatility, significant losses, and a subsequent recovery. The recent stabilization and improvement in ROE suggest a positive trajectory for the company’s financial performance, although the earlier periods of negative ROE warrant further investigation to understand the underlying causes and potential risks.


Comparison to Industry (Energy)