Schlumberger Operating Income decreased by 2.0% to $1.65B in Q1 2024 compared to the prior quarter. Year-over-year, this metric grew by 18.5%, from $1.39B to $1.65B. This decline may warrant attention — for this metric, higher values are generally preferred.
Growth in operating income suggests that the core business is becoming more profitable and efficient.
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
operating_income| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $807.00M | $908.00M | $986.00M | $894.00M | $1.16B | $1.40B | $1.56B | $1.39B | $1.58B | $1.68B | $1.65B |
| QoQ Change | — | +12.5% | +8.6% | -9.3% | +29.6% | +20.8% | +11.3% | -10.7% | +13.7% | +6.5% | -2.0% |
| YoY Change | — | — | — | — | +43.6% | +54.2% | +58.0% | +55.6% | +36.4% | +20.2% | +18.5% |
| Segment | Q1 '25 | Q2 '25 | Q3 '25 |
|---|---|---|---|
| Production Systems | $475.00M | $499.00M | $559.00M |
| Well Construction | $589.00M | $551.00M | $558.00M |
| Reservoir Performance | $282.00M | $314.00M | $312.00M |
| Digital Integration | $306.00M | $327.00M | $187.00M |
| All Other Segments | — | — | $96.00M |
| Eliminations Other | -$96.00M | -$107.00M | -$86.00M |
| Total | — | — | — |