Schlumberger NV (SLB)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 48,935,000 | 47,957,000 | 43,135,000 | 41,511,000 | 42,434,000 |
| Operating ROA | 67.54% | 13.60% | 11.62% | 8.11% | 5.66% |
December 31, 2024 calculation
Operating ROA = Operating income ÷ Total assets
= $33,052,000K ÷ $48,935,000K
= 67.54%
Operating return on assets (Operating ROA) is a critical financial metric that indicates how effectively a company utilizes its assets to generate operating income. The trend analysis of Schlumberger NV's Operating ROA from December 31, 2020, to December 31, 2024, reveals a significant improvement in the company's asset utilization efficiency.
- In 2020, Schlumberger NV's Operating ROA was 5.66%, indicating that the company generated $5.66 in operating income for every $100 of assets employed in its operations.
- By the end of 2021, the Operating ROA increased to 8.11%, reflecting a more efficient utilization of assets to generate operating profits.
- The trend continued upward in 2022, with an Operating ROA of 11.62%, suggesting that Schlumberger NV managed to further enhance its operational efficiency and profitability.
- In 2023, the Operating ROA increased to 13.60%, demonstrating sustained improvement in asset utilization efficiency.
- The Operating ROA saw a significant surge to 67.54% by the end of 2024, indicating a remarkable leap in operational performance and asset productivity.
Overall, the consistent growth in Schlumberger NV's Operating ROA reflects the company's effective management of assets to drive operating income, signaling positive operational performance and financial strength during the analysis period.
Peer comparison
Dec 31, 2024