Schlumberger NV (SLB)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 35,048,000 | 31,909,000 | 27,031,000 | 21,749,000 | 22,406,000 |
| Revenue | US$ in thousands | 36,289,000 | 32,632,000 | 27,708,000 | 22,390,000 | 23,142,000 |
| Gross profit margin | 96.58% | 97.78% | 97.56% | 97.14% | 96.82% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $35,048,000K ÷ $36,289,000K
= 96.58%
Based on the data provided, Schlumberger NV's gross profit margin has shown a generally positive trend over the years, starting from 96.82% in December 31, 2020, and reaching its peak at 97.78% by December 31, 2023.
The company has managed to consistently maintain a high level of gross profitability, indicating efficient cost management and pricing strategies. However, it is worth noting a slight decline in the gross profit margin to 96.58% by December 31, 2024.
Overall, Schlumberger NV's gross profit margin remains at a very high level, which suggests strong control over production costs and a healthy pricing structure. An analysis of the factors driving this trend and the potential impact of the slight drop in 2024 would provide further insight into the company's financial health and operational efficiency.
Peer comparison
Dec 31, 2024