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Schlumberger SLB Operating margin

Operating margin at other companies

Halliburton logo
HalliburtonHAL
11.4%-1.9pp
RPC logo
RPCRES
2.2%-3.4pp
TETRA Technologies logo
TETRA TechnologiesTTI
7.8%
Flotek Industries logo
Flotek IndustriesFTK
10%+2.3pp
NOVA, Inc. logo
NOVA, Inc.NOV
5.1%-2.8pp
Innovex International logo
Innovex InternationalINVX
9.1%+2.7pp

Other financials

Income statement

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Revenue$9.0B+5.0%
Operating income$1.6B+18.5%
Net income$786.0M-22.5%
EPS (diluted)$0.52-29.7%

Balance sheet

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Cash & equivalents$2.7B-15.2%
Total debt$11.1B+2.3%
Total equity$26.1B+28.4%
Total assets$55.5B+13.9%

Cash flow

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Operating cash flow$1.4B+19.0%
CapEx$459.0M+23.7%
Free cash flow$900.0M+16.7%

Valuation

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Market cap$73.6B+50.1%
Enterprise value$82B+44.6%
P/E23.7×+11.7×
P/S+0.6×

Profitability

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Gross margin22.6%
Net margin8.5%-3.0pp
FCF margin13.2%-0.3pp

Returns & leverage

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Return on equity13.4%-6.4pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Calculated from Schlumberger ’s reported figures.

Based on trailing twelve months.

The source filing: Schlumberger ’s 10-Q, filed October 25, 2023. Open the filing →

Filed
Oct 25, 2023
Fiscal quarter
Q3 FY2023
Calendar quarter
Q3 2023
Accession
0000950170-23-055042

FAQ

What is Schlumberger 's operating margin?
Schlumberger (SLB) reported operating margin of 19.4% in Q3 2023.
How has Schlumberger 's operating margin changed year-over-year?
Schlumberger 's operating margin increased by 15.5% year-over-year, from 16.8% to 19.4%.
What is the long-term trend for Schlumberger 's operating margin?
Over 2 years (2020 to 2022), Schlumberger 's operating margin has grown at a 32.4% compound annual growth rate (CAGR), from 10.2% to 17.8%.
What does operating margin mean?
Operating income as a percentage of revenue (trailing twelve months). Captures profitability from core operations after both cost of revenue and operating expenses, but before interest and taxes.

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