Schlumberger NV (SLB)
Operating profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Operating income | US$ in thousands | 33,052,000 | 6,523,000 | 5,011,000 | 3,365,000 | 2,401,000 |
| Revenue | US$ in thousands | 36,289,000 | 32,632,000 | 27,708,000 | 22,390,000 | 23,142,000 |
| Operating profit margin | 91.08% | 19.99% | 18.09% | 15.03% | 10.38% |
December 31, 2024 calculation
Operating profit margin = Operating income ÷ Revenue
= $33,052,000K ÷ $36,289,000K
= 91.08%
The operating profit margin of Schlumberger NV has shown a positive trend over the past five years, with a steady increase from 10.38% as of December 31, 2020, to 91.08% as of December 31, 2024. This indicates an improvement in the company's ability to generate profits from its core operations after deducting operating expenses.
The significant surge in the operating profit margin to 91.08% as of December 31, 2024, may raise questions regarding the sustainability and accuracy of the reported data. It is advisable to further investigate the reasons behind such a sharp increase to ensure the reliability of the financial information provided.
Overall, the consistent growth in the operating profit margin reflects positively on Schlumberger NV's operational efficiency and profitability over the analyzed period.
Peer comparison
Dec 31, 2024