What is Schlumberger 's operating income?

Schlumberger (SLB) reported operating income of $1.65B in Q1 2024.

How has Schlumberger 's operating income changed year-over-year?

Schlumberger 's operating income increased by 18.5% year-over-year, from $1.39B to $1.65B.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

Schlumberger SLB Operating Income

Discontinued — last reported Q1 '24

Operating Income at other companies

HalliburtonHAL

$679M+57.5%

RPCRES

$2.62M-78.8%

TETRA TechnologiesTTI

$12.82M-31.7%

Flotek IndustriesFTK

$7.59M+36.3%

NOVA, Inc.NOV

$47M-69.1%

Innovex InternationalINVX

-$21.83M-200%

Other financials

Income statement

See full

Revenue$8.7B+2.7%

Net income$752.0M-5.6%

EPS (diluted)$0.50-13.8%

Balance sheet

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Cash & equivalents$2.8B-4.0%

Total debt$9.7B-8.1%

Total equity$26.2B+34.1%

Total assets$54.5B+11.3%

Cash flow

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Operating cash flow$487.0M-26.2%

CapEx$343.0M-13.8%

Free cash flow$144.0M-45.0%

Valuation

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Market cap$70.27B+55.3%

Enterprise value$77.12B+45.7%

P/E21.1×+10.0×

P/S2×+0.7×

Profitability

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Gross margin22.6%—

Operating margin19.4%+2.6pp

Net margin9.3%-2.4pp

FCF margin13%-0.9pp

Returns & leverage

See full

Return on equity14.6%-6.2pp

Debt / equity0.4×-0.2×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: Schlumberger ’s 10-Q, filed April 24, 2024, on SEC EDGAR. View the filing →

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Questions, answered.

What is Schlumberger 's operating income?: Schlumberger (SLB) reported operating income of $1.65B in Q1 2024.
How has Schlumberger 's operating income changed year-over-year?: Schlumberger 's operating income increased by 18.5% year-over-year, from $1.39B to $1.65B.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.