Net Profit Margin
since 2005
Calculation
SLB N.V., net profit margin, long-term trends, calculation
| Net profit margin | = | 100 | × | Net income (loss) attributable to SLB1 | ÷ | Revenue1 | |
|---|---|---|---|---|---|---|---|
| Dec 31, 2025 | 9.45% | = | 100 | × | 3,374) | ÷ | 35,708) |
| Dec 31, 2024 | 12.29% | = | 100 | × | 4,461) | ÷ | 36,289) |
| Dec 31, 2023 | 12.68% | = | 100 | × | 4,203) | ÷ | 33,135) |
| Dec 31, 2022 | 12.25% | = | 100 | × | 3,441) | ÷ | 28,091) |
| Dec 31, 2021 | 8.20% | = | 100 | × | 1,881) | ÷ | 22,929) |
| Dec 31, 2020 | -44.57% | = | 100 | × | (10,518) | ÷ | 23,601) |
| Dec 31, 2019 | -30.80% | = | 100 | × | (10,137) | ÷ | 32,917) |
| Dec 31, 2018 | 6.52% | = | 100 | × | 2,138) | ÷ | 32,815) |
| Dec 31, 2017 | -4.94% | = | 100 | × | (1,505) | ÷ | 30,440) |
| Dec 31, 2016 | -6.07% | = | 100 | × | (1,687) | ÷ | 27,810) |
| Dec 31, 2015 | 5.84% | = | 100 | × | 2,072) | ÷ | 35,475) |
| Dec 31, 2014 | 11.19% | = | 100 | × | 5,438) | ÷ | 48,580) |
| Dec 31, 2013 | 14.87% | = | 100 | × | 6,732) | ÷ | 45,266) |
| Dec 31, 2012 | 13.03% | = | 100 | × | 5,490) | ÷ | 42,149) |
| Dec 31, 2011 | 12.64% | = | 100 | × | 4,997) | ÷ | 39,540) |
| Dec 31, 2010 | 15.55% | = | 100 | × | 4,267) | ÷ | 27,447) |
| Dec 31, 2009 | 13.80% | = | 100 | × | 3,134) | ÷ | 22,702) |
| Dec 31, 2008 | 20.01% | = | 100 | × | 5,435) | ÷ | 27,163) |
| Dec 31, 2007 | 22.24% | = | 100 | × | 5,177) | ÷ | 23,277) |
| Dec 31, 2006 | 19.29% | = | 100 | × | 3,710) | ÷ | 19,230) |
| Dec 31, 2005 | 15.42% | = | 100 | × | 2,207) | ÷ | 14,309) |
Based on: 10-K (reporting date: 2025-12-31), 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 net profit margin exhibited significant fluctuations over the period from 2005 to 2025. Initially, the metric demonstrated a strong upward trend, followed by periods of decline and volatility, ultimately stabilizing in more recent years.
- Initial Growth (2005-2007)
- From 2005 to 2007, the net profit margin increased consistently, rising from 15.42% to a peak of 22.24%. This indicates improving profitability during this timeframe, potentially driven by revenue growth and effective cost management.
- Period of Moderation and Decline (2008-2009)
- Following the peak in 2007, the net profit margin experienced a decline in 2008, settling at 20.01%, before decreasing further to 13.80% in 2009. This suggests that profitability was impacted by external factors or increased costs during these years.
- Recovery and Subsequent Volatility (2010-2015)
- The net profit margin recovered somewhat in 2010 and 2011, reaching 15.55% and 12.64% respectively. However, it remained volatile, fluctuating between 11.19% and 14.87% from 2012 to 2014. A significant drop occurred in 2015, with the margin falling to 5.84%, followed by a loss in 2016 (-6.07%).
- Extreme Volatility and Losses (2016-2020)
- The period from 2016 to 2020 was characterized by extreme volatility and substantial losses. The net profit margin reached negative values in both 2016 (-6.07%) and 2017 (-4.94%), before experiencing a brief recovery to 6.52% in 2018. However, 2019 and 2020 saw dramatic declines, resulting in net profit margins of -30.80% and -44.57% respectively. These results indicate significant challenges and potential restructuring or write-downs during this period.
- Recent Stabilization (2021-2025)
- From 2021 onwards, the net profit margin showed signs of stabilization and recovery. It increased to 8.20% in 2021 and 12.25% in 2022, peaking at 12.68% in 2023 before decreasing slightly to 12.29% in 2024 and 9.45% in 2025. While still subject to some fluctuation, the recent trend suggests a return to more sustainable profitability levels.
Overall, the net profit margin demonstrates a complex pattern of growth, decline, and recovery. The period between 2016 and 2020 was particularly challenging, but more recent results indicate a potential stabilization of profitability.
Comparison to Industry (Energy)
SLB N.V., net profit margin, long-term trends, comparison to industry (energy)
| SLB N.V. | Energy | |
|---|---|---|
| Dec 31, 2025 | 9.45% | — |
| Dec 31, 2024 | 12.29% | 10.43% |
| Dec 31, 2023 | 12.68% | 11.68% |
| Dec 31, 2022 | 12.25% | 15.29% |
| Dec 31, 2021 | 8.20% | 9.70% |
| Dec 31, 2020 | -44.57% | -13.06% |
| Dec 31, 2019 | -30.80% | 3.11% |
| Dec 31, 2018 | 6.52% | 8.68% |
| Dec 31, 2017 | -4.94% | 6.15% |
| Dec 31, 2016 | -6.07% | 0.54% |
| Dec 31, 2015 | 5.84% | 4.04% |
| Dec 31, 2014 | 11.19% | 9.21% |
| Dec 31, 2013 | 14.87% | 9.44% |
| Dec 31, 2012 | 13.03% | 10.84% |
| Dec 31, 2011 | 12.64% | 8.58% |
| Dec 31, 2010 | 15.55% | 8.29% |
| Dec 31, 2009 | 13.80% | 5.89% |
| Dec 31, 2008 | 20.01% | 5.80% |
| Dec 31, 2007 | 22.24% | 9.37% |
| Dec 31, 2006 | 19.29% | 9.82% |
| Dec 31, 2005 | 15.42% | 8.84% |
Based on: 10-K (reporting date: 2025-12-31), 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).