Schlumberger NV (SLB)
Gross profit margin
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 25,770,000 | 34,605,000 | 33,743,000 | 32,838,000 | 31,912,000 | 23,415,000 | 22,578,000 | 21,267,000 | 19,573,000 | 25,338,000 | 23,715,000 | 22,580,000 | 21,749,000 | 24,256,000 | 23,650,000 | 23,348,000 | 22,377,000 | 13,862,000 | 17,011,000 | 19,795,000 |
| Revenue (ttm) | US$ in thousands | 26,784,000 | 35,620,000 | 34,642,000 | 33,607,000 | 32,635,000 | 23,914,000 | 23,088,000 | 21,765,000 | 20,076,000 | 26,025,000 | 24,387,000 | 23,236,000 | 22,390,000 | 21,794,000 | 21,197,000 | 20,911,000 | 23,143,000 | 25,732,000 | 28,993,000 | 31,894,000 |
| Gross profit margin | 96.21% | 97.15% | 97.40% | 97.71% | 97.78% | 97.91% | 97.79% | 97.71% | 97.49% | 97.36% | 97.24% | 97.18% | 97.14% | 111.30% | 111.57% | 111.65% | 96.69% | 53.87% | 58.67% | 62.06% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $25,770,000K ÷ $26,784,000K
= 96.21%
Schlumberger NV's gross profit margin has shown fluctuations over the past few years. The gross profit margin decreased from 62.06% as of March 31, 2020, to 58.67% as of June 30, 2020, and further to 53.87% as of September 30, 2020. However, there was a significant improvement in the gross profit margin to 96.69% by the end of December 31, 2020.
Subsequently, the gross profit margin experienced a substantial increase, reaching its peak at 111.65% as of March 31, 2021, and maintaining levels above 97% until September 30, 2024. The gross profit margin gradually declined from March 31, 2024, to December 31, 2024, ending at 96.21%.
Overall, Schlumberger NV's gross profit margin has shown volatility but has generally remained at a relatively high level, indicating the company's ability to generate profits from its core operations. It is important to note that further analysis, such as comparing the gross profit margin to industry benchmarks and other financial metrics, would provide a more comprehensive understanding of Schlumberger NV's financial performance.
Peer comparison
Dec 31, 2024