Schlumberger NV (SLB)

Net 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
Net income (ttm)	US$ in thousands	4,461,000	4,478,000	4,415,000	4,336,000	4,202,000	4,154,000	3,938,000	3,864,000	3,440,000	2,977,000	2,620,000	2,092,000	1,881,000	1,654,000	1,022,000	-2,843,000	-10,518,000	-10,559,000	-21,860,000	-17,934,000
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
Net profit margin		16.66%	12.57%	12.74%	12.90%	12.88%	17.37%	17.06%	17.75%	17.13%	11.44%	10.74%	9.00%	8.40%	7.59%	4.82%	-13.60%	-45.45%	-41.03%	-75.40%	-56.23%

December 31, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,461,000K ÷ $26,784,000K
= 16.66%

The net profit margin of Schlumberger NV has shown a fluctuating trend over the specified period. Starting from negative figures in early 2020, indicating losses exceeding revenues, the company managed to gradually improve its profitability. By the end of 2022, the net profit margin had reached a positive 17.13%, demonstrating a significant turnaround in its financial performance.

However, in the following quarters, the net profit margin experienced slight fluctuations, remaining above 12% consistently. By the end of December 2024, the net profit margin stood at 16.66%, signaling a healthy level of profitability for the company. Overall, the upward trend in the net profit margin indicates that Schlumberger NV has been able to effectively control its costs and improve its operational efficiency leading to a more stable and profitable financial position.