Stock Analysis on Net
Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

Analysis of Profitability Ratios

Microsoft Excel

Profitability ratios measure the company ability to generate profitable sales from its resources (assets).

Profitability Ratios (Summary)

Schlumberger Ltd., profitability ratios

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Return on Sales
Gross profit margin 20.56% 19.81% 18.37% 15.95% 11.02%
Operating profit margin 15.99% 16.43% 14.78% 12.06% -46.62%
Net profit margin 12.29% 12.68% 12.25% 8.20% -44.57%
Return on Investment
Return on equity (ROE) 21.11% 20.82% 19.46% 12.54% -87.13%
Return on assets (ROA) 9.12% 8.76% 7.98% 4.53% -24.79%

Based on: 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).

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Schlumberger Ltd. gross profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Schlumberger Ltd. operating profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Schlumberger Ltd. net profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.
Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Schlumberger Ltd. ROE improved from 2022 to 2023 and from 2023 to 2024.
ROA A profitability ratio calculated as net income divided by total assets. Schlumberger Ltd. ROA improved from 2022 to 2023 and from 2023 to 2024.

Gross Profit Margin

Schlumberger Ltd., gross profit margin calculation

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Gross margin 7,460 6,563 5,161 3,658 2,601
Revenue 36,289 33,135 28,091 22,929 23,601
Profitability Ratio
Gross profit margin1 20.56% 19.81% 18.37% 15.95% 11.02%

Based on: 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).

1 2024 Calculation
Gross profit margin = 100 × Gross margin ÷ Revenue
= 100 × 7,460 ÷ 36,289 = 20.56%

Profitability ratio Description The company
Gross profit margin Gross profit margin indicates the percentage of revenue available to cover operating and other expenditures. Schlumberger Ltd. gross profit margin ratio improved from 2022 to 2023 and from 2023 to 2024.

Operating Profit Margin

Schlumberger Ltd., operating profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Operating income (loss) 5,804 5,443 4,151 2,765 (11,002)
Revenue 36,289 33,135 28,091 22,929 23,601
Profitability Ratio
Operating profit margin1 15.99% 16.43% 14.78% 12.06% -46.62%
Benchmarks
Operating Profit Margin, Industry
Energy — 17.57% 22.71% 14.61% -18.01%

Based on: 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).

1 2024 Calculation
Operating profit margin = 100 × Operating income (loss) ÷ Revenue
= 100 × 5,804 ÷ 36,289 = 15.99%

Profitability ratio Description The company
Operating profit margin A profitability ratio calculated as operating income divided by revenue. Schlumberger Ltd. operating profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024.

Net Profit Margin

Schlumberger Ltd., net profit margin calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net income (loss) attributable to SLB 4,461 4,203 3,441 1,881 (10,518)
Revenue 36,289 33,135 28,091 22,929 23,601
Profitability Ratio
Net profit margin1 12.29% 12.68% 12.25% 8.20% -44.57%
Benchmarks
Net Profit Margin, Industry
Energy — 11.90% 16.28% 9.67% -16.81%

Based on: 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).

1 2024 Calculation
Net profit margin = 100 × Net income (loss) attributable to SLB ÷ Revenue
= 100 × 4,461 ÷ 36,289 = 12.29%

Profitability ratio Description The company
Net profit margin An indicator of profitability, calculated as net income divided by revenue. Schlumberger Ltd. net profit margin ratio improved from 2022 to 2023 but then slightly deteriorated from 2023 to 2024 not reaching 2022 level.

Return on Equity (ROE)

Schlumberger Ltd., ROE calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net income (loss) attributable to SLB 4,461 4,203 3,441 1,881 (10,518)
Total SLB stockholders’ equity 21,130 20,189 17,685 15,004 12,071
Profitability Ratio
ROE1 21.11% 20.82% 19.46% 12.54% -87.13%
Benchmarks
ROE, Industry
Energy — 16.59% 28.13% 13.12% -16.04%

Based on: 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).

1 2024 Calculation
ROE = 100 × Net income (loss) attributable to SLB ÷ Total SLB stockholders’ equity
= 100 × 4,461 ÷ 21,130 = 21.11%

Profitability ratio Description The company
ROE A profitability ratio calculated as net income divided by shareholders’ equity. Schlumberger Ltd. ROE improved from 2022 to 2023 and from 2023 to 2024.

Return on Assets (ROA)

Schlumberger Ltd., ROA calculation, comparison to benchmarks

Microsoft Excel
Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Selected Financial Data (US$ in millions)
Net income (loss) attributable to SLB 4,461 4,203 3,441 1,881 (10,518)
Total assets 48,935 47,957 43,135 41,511 42,434
Profitability Ratio
ROA1 9.12% 8.76% 7.98% 4.53% -24.79%
Benchmarks
ROA, Industry
Energy — 9.02% 15.14% 6.48% -7.40%

Based on: 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).

1 2024 Calculation
ROA = 100 × Net income (loss) attributable to SLB ÷ Total assets
= 100 × 4,461 ÷ 48,935 = 9.12%

Profitability ratio Description The company
ROA A profitability ratio calculated as net income divided by total assets. Schlumberger Ltd. ROA improved from 2022 to 2023 and from 2023 to 2024.