Stock Analysis on Net
Stock Analysis on Net

SLB N.V. (NYSE:SLB)

$24.99

Net Profit Margin
since 2005

Microsoft Excel

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Calculation

SLB N.V., net profit margin, long-term trends, calculation

Microsoft Excel
Net profit margin = 100 × Net income (loss) attributable to SLB1 ÷ Revenue1
Dec 31, 2024 = 100 × ÷
Dec 31, 2023 = 100 × ÷
Dec 31, 2022 = 100 × ÷
Dec 31, 2021 = 100 × ÷
Dec 31, 2020 = 100 × ÷
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Dec 31, 2005 = 100 × ÷

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).

1 US$ in millions

The financial data reveals several key trends in profitability and revenue performance over the analyzed period.

Revenue Trend
Revenue demonstrated a general upward trajectory from 2005 until 2014, increasing from $14.3 billion to a peak of $48.6 billion. This was followed by a significant decline to $23.6 billion in 2020, likely impacted by external factors affecting the industry or global economy. Since 2020, revenue has been on a recovery path, rising steadily to approximately $36.3 billion by 2024.
Net Income (Loss) Attributable to the Company
Net income grew strongly from 2005, reaching a high point in 2013 at $6.7 billion. However, starting in 2014, net income experienced volatility, with a sharp decline into negative territory for 2015 and 2016 at approximately -$1.7 billion and -$1.5 billion respectively. There was a rebound in 2018 with positive earnings, but the company encountered a substantial loss once again in 2019 and 2020, with net losses exceeding $10 billion each year. From 2021 onwards, net income returned to positive figures and showed an improving trend, reaching $4.5 billion by 2024.
Net Profit Margin
The net profit margin mirrored the trends observed in net income. Initially, the margin was strong, peaking above 22% in 2007. It then trended downward to mid-teens by 2010 and further decreased to single digits by 2014. The company recorded negative net profit margins in 2015 and 2016, indicating losses. A recovery began in 2018, with margins improving to above 6%. Again, the margin deteriorated drastically to around -30% and -44.6% in 2019 and 2020, respectively. Positive margins resumed from 2021 and stabilized near 12% through 2024.
Overall Financial Performance Analysis
The data indicates a period of robust growth and profitability through the first decade and early 2010s, followed by a phase of volatility and significant financial distress around the mid to late 2010s. The losses and negative margins in 2015, 2016, 2019, and 2020 suggest operational or market challenges, possibly related to extraordinary events or restructuring. The recovery in revenue and profitability from 2021 onwards reflects renewed operational stability and improving market conditions. Nevertheless, the net income and margin levels post-recovery, while positive and stable, have not returned to the peak levels observed in the late 2000s and early 2010s.

Comparison to Industry (Energy)

SLB N.V., net profit margin, long-term trends, comparison to industry (energy)

Microsoft Excel
SLB N.V. Energy
Dec 31, 2024
Dec 31, 2023
Dec 31, 2022
Dec 31, 2021
Dec 31, 2020
Dec 31, 2019
Dec 31, 2018
Dec 31, 2017
Dec 31, 2016
Dec 31, 2015
Dec 31, 2014
Dec 31, 2013
Dec 31, 2012
Dec 31, 2011
Dec 31, 2010
Dec 31, 2009
Dec 31, 2008
Dec 31, 2007
Dec 31, 2006
Dec 31, 2005

Based on: 10-K (reporting date: 2024-12-31), 10-K (reporting date: 2023-12-31), 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31), 10-K (reporting date: 2017-12-31), 10-K (reporting date: 2016-12-31), 10-K (reporting date: 2015-12-31), 10-K (reporting date: 2014-12-31), 10-K (reporting date: 2013-12-31), 10-K (reporting date: 2012-12-31), 10-K (reporting date: 2011-12-31), 10-K (reporting date: 2010-12-31), 10-K (reporting date: 2009-12-31), 10-K (reporting date: 2008-12-31), 10-K (reporting date: 2007-12-31), 10-K (reporting date: 2006-12-31), 10-K (reporting date: 2005-12-31).