Schlumberger NV (SLB)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	4,461,000	4,203,000	3,441,000	1,881,000	-10,518,000
Revenue	US$ in thousands	36,289,000	32,632,000	27,708,000	22,390,000	23,142,000
Net profit margin		12.29%	12.88%	12.42%	8.40%	-45.45%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $4,461,000K ÷ $36,289,000K
= 12.29%

Schlumberger NV's net profit margin has shown significant fluctuations over the past five years. The company experienced a negative net profit margin of -45.45% as of December 31, 2020, indicating that their expenses exceeded their revenues at that time. However, there has been a notable improvement in profitability since then, with the net profit margin steadily increasing to 8.40% as of December 31, 2021, and further rising to 12.42% as of December 31, 2022. This positive trend continued with a slight increase to 12.88% as of December 31, 2023, demonstrating the company's ability to effectively control costs and increase profitability. The net profit margin slightly decreased to 12.29% as of December 31, 2024, but overall, Schlumberger NV has shown resilience and improvement in its profitability metrics over the analyzed period.