Schlumberger NV (SLB)
Profitability ratios
Return on sales
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Gross profit margin | 96.58% | 97.78% | 97.56% | 97.14% | 96.82% |
| Operating profit margin | 91.08% | 19.99% | 18.09% | 15.03% | 10.38% |
| Pretax margin | 15.30% | 15.97% | 15.23% | 10.39% | -48.96% |
| Net profit margin | 12.29% | 12.88% | 12.42% | 8.40% | -45.45% |
Schlumberger NV has exhibited strong gross profit margin performance over the years, with a consistent increase from 96.82% in December 2020 to 97.78% in December 2023, and a slight dip to 96.58% by December 2024.
The operating profit margin has shown significant improvement, starting at 10.38% in December 2020 and reaching a peak of 91.08% in December 2024. This substantial increase indicates enhanced operational efficiency and cost management during the period under review.
The pretax margin, though starting from a negative figure at -48.96% in December 2020, has seen a positive trend, progressively increasing to 15.30% by December 2024. This demonstrates a turnaround in the company's ability to generate profits before accounting for taxes.
Similarly, the net profit margin, which stood at -45.45% in December 2020, has shown favorable growth, improving to 12.29% by December 2024. This suggests effective management of expenses and solid revenue generation, leading to healthier bottom-line profitability for Schlumberger NV.
Return on investment
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | |
|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 67.54% | 13.60% | 11.62% | 8.11% | 5.66% |
| Return on assets (ROA) | 9.12% | 8.76% | 7.98% | 4.53% | -24.79% |
| Return on total capital | 18.87% | 18.41% | 16.66% | 10.13% | -38.31% |
| Return on equity (ROE) | 21.11% | 20.82% | 19.46% | 12.54% | -87.13% |
Schlumberger NV's profitability ratios have shown a positive trend over the years, indicating an improvement in its profitability.
- Operating return on assets (Operating ROA) has significantly increased from 5.66% in 2020 to 67.54% in 2024. This suggests that the company is generating more operating income relative to its total assets over time.
- Return on assets (ROA) has also shown a steady improvement, starting from negative figures in 2020 (-24.79%) and reaching 9.12% in 2024. This indicates that the company's profitability in relation to its total assets has been consistently improving.
- Return on total capital has seen a notable rise from -38.31% in 2020 to 18.87% in 2024. This implies that the company is generating better returns for its total capital employed, reflecting effective management of its capital resources.
- Return on equity (ROE) has shown a positive trajectory, increasing from -87.13% in 2020 to 21.11% in 2024. This signifies that shareholders' equity is generating higher returns over the years, demonstrating an improvement in the company's profitability from an equity perspective.
Overall, the increasing profitability ratios suggest that Schlumberger NV has been effectively utilizing its assets, capital, and equity to generate higher returns, indicating a positive outlook for the company's financial performance.