Schlumberger NV (SLB)
Operating return on assets (Operating ROA)
| 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 |
| Total assets | US$ in thousands | 48,935,000 | 49,775,000 | 49,373,000 | 47,856,000 | 47,957,000 | 45,813,000 | 44,826,000 | 43,855,000 | 43,135,000 | 44,093,000 | 42,827,000 | 41,967,000 | 41,511,000 | 41,038,000 | 40,908,000 | 42,036,000 | 42,434,000 | 44,066,000 | 44,667,000 | 48,594,000 |
| Operating ROA | 36.50% | 40.49% | 27.17% | 14.17% | 13.60% | 13.56% | 13.23% | 12.56% | 11.61% | 10.07% | 9.22% | 8.57% | 8.11% | 7.39% | 6.60% | 5.45% | 5.66% | 6.25% | 7.33% | 7.91% |
December 31, 2024 calculation
Operating ROA = Operating income (ttm) ÷ Total assets
= $17,862,000K ÷ $48,935,000K
= 36.50%
Schlumberger NV's operating return on assets (ROA) has shown a fluctuating trend over the past few years, starting at 7.91% in March 2020 and gradually decreasing to 5.45% in March 2021. However, from that point onward, the operating ROA started to improve consistently, reaching 13.60% by December 2023.
The most significant growth was seen in the period from June 2024 to September 2024, where the operating ROA jumped from 27.17% to 40.49%. This substantial increase might indicate a significant improvement in the company's operational efficiency and profitability during that period.
Although there was a slight decrease in the operating ROA in December 2024 to 36.50%, overall, the trend has been positive from a low point in the first quarter of 2021. This upward trajectory suggests that Schlumberger NV has been able to enhance its operational performance and make more effective use of its assets to generate profits over the analyzed period.
Peer comparison
Dec 31, 2024