Stock Analysis on Net

SLB N.V. (NYSE:SLB)

$24.99

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

SLB N.V., ROA, long-term trends, calculation

Microsoft Excel

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 over the period reveals several notable trends in profitability, asset growth, and overall performance.

Net Income (Loss) Attributable to SLB
Net income initially demonstrated a rising trend, peaking around 2013 with a value of 6,732 million US dollars. This was followed by a sharp decline, including significant losses in 2015 and 2016 exceeding 1,500 million US dollars. A recovery phase began thereafter, with net income returning to positive levels from 2017 onward and experiencing steady growth through 2024, reaching 4,461 million US dollars. The data indicates periods of both robust profitability and substantial financial challenges.
Total Assets
Total assets grew substantially from 18,077 million US dollars in 2005 to a peak of 77,956 million US dollars in 2016. After 2016, there is a decline in total assets, reaching a low point near 41,511 million US dollars in 2021, then recovering moderately to 48,935 million US dollars by 2024. This pattern suggests a phase of aggressive asset accumulation followed by consolidation or divestiture and a subsequent moderate asset rebuilding.
Return on Assets (ROA)
The ROA percentage shows a general correlation with net income trends, moving from a high of 18.58% in 2007 to negative values during 2015 and 2016, reflecting operational challenges and losses in those years. The ROA dropped significantly to -24.79% in 2020, consistent with the lowest net income. Subsequently, ROA improved steadily, reaching 9.12% by 2024, indicating a return to profitability and more efficient asset use over the latest years.

Overall, the data depicts a company that experienced strong growth followed by a period of financial distress, including negative earnings and asset contraction. The latter years indicate a recovery trend in profitability and asset base, pointing to ongoing efforts to stabilize and improve financial performance.


Comparison to Industry (Energy)