Schlumberger NV (SLB)
Profitability ratios
Return on sales
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit margin | 97.78% | 97.91% | 97.79% | 97.71% | 97.49% | 97.36% | 97.24% | 97.18% | 97.14% | 111.30% | 111.57% | 111.65% | 96.69% | 53.87% | 58.67% | 62.06% | 72.11% | 95.25% | 95.26% | 95.24% |
| Operating profit margin | 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% | 12.31% | 12.13% | 12.31% | 12.68% |
| Pretax margin | 15.96% | 21.50% | 21.14% | 21.79% | 21.02% | 13.98% | 13.10% | 11.12% | 10.40% | 9.38% | 6.15% | -13.68% | -48.96% | -44.11% | -80.26% | -59.71% | -32.34% | -31.57% | 7.71% | 7.53% |
| Net profit margin | 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% | -31.38% | -30.58% | 6.46% | 6.26% |
The profitability ratios of Schlumberger Ltd. have shown a consistent improvement over the past eight quarters. The gross profit margin has steadily increased from 16.43% in March 2022 to 19.81% in December 2023, indicating a positive trend in the company's ability to generate profits from its core operations.
Similarly, the operating profit margin has been on an upward trajectory, rising from 12.56% in March 2022 to 16.56% in December 2023. This suggests that the company is managing its operating expenses efficiently and effectively, leading to higher profitability from its operating activities.
The pretax margin has also demonstrated a positive trend, increasing from 11.10% in March 2022 to 15.94% in December 2023. This indicates that the company has been able to improve its profitability before accounting for taxes, reflecting sound financial management and operational efficiency.
Furthermore, the net profit margin has shown a consistent improvement, climbing from 8.84% in March 2022 to 12.68% in December 2023. This signifies that Schlumberger Ltd. has been successful in generating higher profits relative to its net sales, showcasing effective cost management and sustainable revenue growth strategies.
Overall, the improving trend in the profitability ratios of Schlumberger Ltd. over the past eight quarters reflects the company's ability to enhance efficiency, control costs, and generate higher returns on its operations, thus indicating a positive outlook for its financial performance.
Return on investment
| 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 | Dec 31, 2019 | Sep 30, 2019 | Jun 30, 2019 | Mar 31, 2019 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating return on assets (Operating ROA) | 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% | 7.06% | 6.79% | 5.66% | 5.86% |
| Return on assets (ROA) | 8.76% | 9.07% | 8.79% | 8.81% | 7.97% | 6.75% | 6.12% | 4.98% | 4.53% | 4.03% | 2.50% | -6.76% | -24.79% | -23.96% | -48.94% | -36.91% | -18.00% | -17.13% | 2.97% | 2.89% |
| Return on total capital | 18.41% | 18.46% | 17.92% | 18.17% | 16.66% | 13.97% | 12.67% | 10.90% | 10.13% | 9.34% | 6.53% | -8.10% | -38.31% | -37.96% | -133.11% | -59.56% | -25.53% | -23.97% | 5.85% | 5.76% |
| Return on equity (ROE) | 20.81% | 21.43% | 21.16% | 21.39% | 19.45% | 17.31% | 16.05% | 13.63% | 12.54% | 12.38% | 8.01% | -22.67% | -87.13% | -88.43% | -181.56% | -115.25% | -42.66% | -41.53% | 5.85% | 5.63% |
The profitability ratios of Schlumberger Ltd. indicate a generally positive trend over the recent quarters. The operating return on assets (Operating ROA) has shown consistent improvement, increasing from 7.08% in March 2022 to 11.44% in December 2023. This suggests that the company has been effectively utilizing its assets to generate operating profits.
Similarly, the return on assets (ROA) has also displayed improvement, rising from 4.98% in March 2022 to 8.76% in December 2023. This indicates that the company's overall profitability in relation to its total assets has been on an upward trajectory.
The return on total capital and return on equity (ROE) have both shown favorable growth as well. The return on total capital has increased from 10.22% in March 2022 to 17.71% in December 2023, reflecting the efficient use of total capital to generate returns. Meanwhile, the ROE has demonstrated a consistent uptrend, reaching 20.82% in December 2023 from 13.63% in March 2022, signifying an enhancement in shareholders' returns.
Overall, the profitability ratios of Schlumberger highlight a positive performance, with the company effectively utilizing its assets and capital to generate profits, and delivering increasingly favorable returns for its shareholders over the recent quarters.