Schlumberger NV (SLB)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | 17,862,000 | 20,152,000 | 13,413,000 | 6,781,000 | 6,523,000 | 6,212,000 | 5,929,000 | 5,507,000 | 5,010,000 | 4,439,000 | 3,947,000 | 3,595,000 | 3,365,000 | 3,033,000 | 2,700,000 | 2,289,000 | 2,401,000 | 2,753,000 | 3,274,000 | 3,846,000 |
| 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 |
| Operating profit margin | 66.69% | 56.57% | 38.72% | 20.18% | 19.99% | 25.98% | 25.68% | 25.30% | 24.96% | 17.06% | 16.18% | 15.47% | 15.03% | 13.92% | 12.74% | 10.95% | 10.37% | 10.70% | 11.29% | 12.06% |
December 31, 2024 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $17,862,000K ÷ $26,784,000K
= 66.69%
Schlumberger NV has experienced fluctuations in its operating profit margin over the analyzed period from March 31, 2020, to December 31, 2024. The operating profit margin started at 12.06% in March 2020, declining slightly to 11.29% by June 2020 and further to 10.70% in September 2020. This downward trend continued as the margin decreased to 10.37% by December 2020.
However, from March 31, 2021, there was a gradual improvement in the operating profit margin, which reached 16.18% by June 30, 2022. The margin further increased significantly to 66.69% by December 31, 2024, indicating a substantial improvement in profitability during the latter part of the analyzed period.
It is worth noting the sharp increase in the operating profit margin from June 30, 2024 (38.72%) to September 30, 2024 (56.57%) and then to 66.69% by December 31, 2024, suggesting a remarkable jump in profitability during the last half of 2024.
Overall, the analysis indicates that Schlumberger NV achieved significant improvements in its operating profit margin from 2021 to 2024, showcasing enhanced operational efficiency and profitability during this period.
Peer comparison
Dec 31, 2024