Schlumberger NV (SLB)
Return on total capital
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) (ttm) | US$ in thousands | 6,066,000 | 6,098,000 | 5,998,000 | 5,884,000 | 5,712,000 | 5,635,000 | 5,368,000 | 5,227,000 | 4,710,000 | 4,143,000 | 3,708,000 | 3,109,000 | 2,867,000 | 2,591,000 | 1,857,000 | -2,298,000 | -10,768,000 | -10,786,000 | -22,682,000 | -18,446,000 |
| Long-term debt | US$ in thousands | 11,023,000 | 11,864,000 | 12,156,000 | 10,740,000 | 10,842,000 | 11,147,000 | 11,342,000 | 10,698,000 | 10,594,000 | 12,452,000 | 12,946,000 | 13,163,000 | 13,286,000 | 14,370,000 | 15,687,000 | 15,834,000 | 16,036,000 | 16,471,000 | 5,000,000 | 15,409,000 |
| 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 |
| Return on total capital | 18.87% | 18.27% | 18.05% | 18.69% | 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% |
December 31, 2024 calculation
Return on total capital = EBIT (ttm) ÷ (Long-term debt + Total stockholders’ equity)
= $6,066,000K ÷ ($11,023,000K + $21,130,000K)
= 18.87%
Return on total capital is a key financial ratio used to evaluate a company's profitability and efficiency in generating returns from its capital investments. Looking at Schlumberger NV's return on total capital over the past few quarters, we can observe a significant improvement in the metric.
The company experienced negative returns on total capital in the early part of the analyzed period, with figures ranging from -59.56% in March 2020 to -133.11% in June 2020. However, from March 2021 onwards, Schlumberger NV's return on total capital started to show positive growth, indicating that the company was able to generate returns from its capital investments more effectively.
As of December 2024, Schlumberger NV's return on total capital stood at 18.87%, which reflects a consistent improvement in the company's ability to generate profits relative to the capital invested. This positive trend suggests that the company has been more efficient in utilizing its capital to drive profitability and create value for its shareholders.
Overall, the upward trajectory of Schlumberger NV's return on total capital indicates improving financial performance and operational efficiency, signaling a positive outlook for the company's profitability and value creation potential.
Peer comparison
Dec 31, 2024