Schlumberger NV (SLB)

Return on equity (ROE)

		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
Net income (ttm)	US$ in thousands	4,461,000	4,478,000	4,415,000	4,336,000	4,202,000	4,154,000	3,938,000	3,864,000	3,440,000	2,977,000	2,620,000	2,092,000	1,881,000	1,654,000	1,022,000	-2,843,000	-10,518,000	-10,559,000	-21,860,000	-17,934,000
Total stockholders’ equity	US$ in thousands	21,130,000	21,511,000	21,071,000	20,736,000	20,189,000	19,386,000	18,608,000	18,068,000	17,685,000	17,199,000	16,325,000	15,347,000	15,004,000	13,362,000	12,762,000	12,543,000	12,071,000	11,941,000	12,040,000	15,561,000
ROE		21.11%	20.82%	20.95%	20.91%	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%

December 31, 2024 calculation

ROE = Net income (ttm) ÷ Total stockholders’ equity
= $4,461,000K ÷ $21,130,000K
= 21.11%

Schlumberger NV's return on equity (ROE) has shown a significant improvement over the past few years. From negative values in the range of -115.25% to -87.13% in 2020, the company managed to turn around its performance. The ROE gradually increased to 12.54% by the end of 2021 and continued to rise steadily, reaching 21.11% by the end of December 2024.

This upward trend in ROE reflects the company's ability to generate more profits from the shareholders' equity invested in the business. It indicates that Schlumberger NV has been effectively utilizing its equity capital to generate earnings growth.

Overall, the improving ROE signifies a positive performance for Schlumberger NV and suggests that the company is becoming more efficient in generating profits relative to the shareholders' equity invested in the business.