Stock Analysis on Net

Schlumberger Ltd. (NYSE:SLB)

$24.99

Return on Assets (ROA)
since 2005

Microsoft Excel

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Calculation

Schlumberger Ltd., 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


Net Income (Loss) Attributable to SLB
The net income exhibited a generally upward trend from 2005 through 2013, rising from 2,207 million USD to a peak of 6,732 million USD in 2013. Following this peak, net income experienced a sharp decline beginning in 2014, turning negative in 2016 and 2017 with losses of 1,687 million USD and 1,505 million USD, respectively. Recovery occurred gradually post-2017, though a significant drop occurred again in 2019 and 2020 with losses exceeding 10 billion USD in 2020. Subsequently, net income rebounded from 2021 onwards, reaching 4,461 million USD in 2024, illustrating volatility but recent stabilization and growth.
Total Assets
Total assets increased substantially from 18,077 million USD in 2005 to a peak of approximately 77,956 million USD in 2016. Following this apex, assets declined steadily until 2021, reaching around 41,511 million USD. After 2021, there was a moderate recovery with assets rising to 48,935 million USD by 2024, indicating fluctuations largely driven by strategic asset management or market conditions affecting asset base.
Return on Assets (ROA)
Return on Assets showed a high level of profitability from 2005 to 2008, ranging between 12.21% and 18.58%. This was followed by a downtrend hitting lows below 3% by 2014, with a significant turnaround into negative territory in 2015 and 2016, reflecting operational challenges and inefficiencies. Positive returns reemerged from 2017 onwards, despite large negative net income years, demonstrating improved asset utilization and profitability post-2016. ROA increased steadily from 4.53% in 2021 to over 9% in 2024, suggesting enhanced operational efficiency and healthier profitability margins in recent years.
Overall Analysis
The data reflects a period of robust growth and profitability up to around 2013, followed by pronounced volatility and downward trends in key financial indicators, particularly from 2014 through 2020. The large losses during this latter period likely correspond to significant market or operational disruptions. Starting in 2021, the company shows signs of recovery across net income, total assets, and ROA, indicating an ongoing stabilization and gradual improvement in financial performance. The trends suggest cyclical challenges, with recent years marked by cautious optimism and rebuilding of financial strength.

Comparison to Industry (Energy)