Schlumberger Past Earnings Performance
Past criteria checks 3/6
Schlumberger has been growing earnings at an average annual rate of 70.6%, while the Energy Services industry saw earnings growing at 52.9% annually. Revenues have been growing at an average rate of 4.1% per year. Schlumberger's return on equity is 20.3%, and it has net margins of 12.4%.
Key information
70.6%
Earnings growth rate
70.6%
EPS growth rate
| Energy Services Industry Growth | 23.7% |
| Revenue growth rate | 4.1% |
| Return on equity | 20.3% |
| Net Margin | 12.4% |
| Next Earnings Update | 17 Jan 2025 |
Recent past performance updates
Recent updates
Schlumberger: Buy This Oilfield Service Leader
Nov 25Schlumberger: Digital Transformation Of The Energy Sector Could Provide Catalysts
Oct 30Schlumberger: Growth May Be Slowing, But The Buybacks Are Accelerating
Oct 19Schlumberger's Oilfield Services Can Drive Strong Returns
Oct 09Schlumberger Has A Path For Growth; Oil May Be Holding Back The Share Price
Sep 18SLB: Buy High Quality At A Discount
Sep 03SLB Dividend Will Keep Growing Due To Improved Business Mix
Aug 27Schlumberger's (NYSE:SLB) Dividend Will Be $0.275
Jul 22
After Another Deal, SLB Offers Among The Best Opportunities In The Energy Space
Jul 03Does Schlumberger (NYSE:SLB) Have A Healthy Balance Sheet?
Jun 27Schlumberger Limited: Consolidating In Response To Consolidation
Jun 03Schlumberger (NYSE:SLB) Will Pay A Dividend Of $0.275
Apr 25Schlumberger Limited (NYSE:SLB) Just Reported First-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Apr 23SLB: Taking Stock With Earnings On The Horizon
Apr 17Here's Why We Think Schlumberger (NYSE:SLB) Is Well Worth Watching
Apr 11Schlumberger Is Thinking 10 Years Ahead With The ChampionX Acquisition
Apr 08The Compensation For Schlumberger Limited's (NYSE:SLB) CEO Looks Deserved And Here's Why
Mar 29Schlumberger: Earnings And FCF Growth On Track, Higher Oil A Tailwind
Mar 28Is Schlumberger (NYSE:SLB) A Risky Investment?
Mar 11Schlumberger Has High Growth Potential And Its Stock Should Reflect This
Mar 04Potential Upside For Schlumberger Limited (NYSE:SLB) Not Without Risk
Feb 26Schlumberger: The Best Is Yet To Come
Feb 13Schlumberger Is A Strong Buy After The Earnings (Rating Upgrade)
Jan 21Is Schlumberger Limited (NYSE:SLB) Trading At A 22% Discount?
Jan 13Schlumberger: International Markets Providing Support
Jan 11Schlumberger: Double-Digit Earnings Growth, As Energy Industry Expects Tailwinds In 2024
Jan 05The Return Trends At Schlumberger (NYSE:SLB) Look Promising
Jan 01Schlumberger: Steady, With Upside
Dec 05The Energy Rebound - SLB Seems Way Too Cheap
Oct 30SLB Steps Up To New Environment
Oct 11Schlumberger: Rising Oil Prices, Robust Growth, And AI Coming Together
Sep 29Schlumberger: Expanding Margins In A Secular Upturn Makes The Stock A Buy
Sep 19Schlumberger Is An Attractive Buy At The Moment
Aug 27Schlumberger: Big Blue On A Roll
Aug 09Schlumberger: Time To Take Some Profit Off
Jul 26Schlumberger Stock: A Buy Going Into Q2 Earnings
Jul 17Schlumberger: Attractive Multiples And Positive Technical Outlooks (Technical Analysis)
Jul 10Schlumberger: Energy Services To Become A Trillion Dollar Industry This Year
Jun 12Schlumberger Is A Buy As Net Zero May Be Failing
May 29Revenue & Expenses Breakdown
How Schlumberger makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 35,995 | 4,478 | 401 | 744 |
| 30 Jun 24 | 35,146 | 4,416 | 392 | 743 |
| 31 Mar 24 | 34,106 | 4,337 | 394 | 719 |
| 31 Dec 23 | 33,135 | 4,203 | 364 | 711 |
| 30 Sep 23 | 32,023 | 4,155 | 367 | 702 |
| 30 Jun 23 | 31,191 | 3,939 | 380 | 676 |
| 31 Mar 23 | 30,176 | 3,865 | 370 | 667 |
| 31 Dec 22 | 28,091 | 3,441 | 376 | 634 |
| 30 Sep 22 | 26,438 | 2,978 | 385 | 601 |
| 30 Jun 22 | 24,807 | 2,620 | 372 | 581 |
| 31 Mar 22 | 23,357 | 2,092 | 355 | 560 |
| 31 Dec 21 | 22,929 | 1,881 | 339 | 554 |
| 30 Sep 21 | 22,236 | 1,654 | 303 | 537 |
| 30 Jun 21 | 21,647 | 1,022 | 307 | 533 |
| 31 Mar 21 | 21,369 | -2,843 | 319 | 542 |
| 31 Dec 20 | 23,601 | -10,518 | 365 | 580 |
| 30 Sep 20 | 26,297 | -10,559 | 402 | 642 |
| 30 Jun 20 | 29,579 | -21,860 | 494 | 681 |
| 31 Mar 20 | 32,493 | -17,934 | 526 | 717 |
| 31 Dec 19 | 32,917 | -10,137 | 511 | 717 |
| 30 Sep 19 | 32,868 | -9,931 | 516 | 705 |
| 30 Jun 19 | 32,833 | 2,096 | 444 | 706 |
| 31 Mar 19 | 32,865 | 2,034 | 445 | 703 |
| 31 Dec 18 | 32,815 | 2,138 | 444 | 702 |
| 30 Sep 18 | 32,815 | -655 | 439 | 716 |
| 30 Jun 18 | 32,215 | -755 | 449 | 728 |
| 31 Mar 18 | 31,375 | -1,259 | 445 | 748 |
| 31 Dec 17 | 30,440 | -1,505 | 432 | 787 |
| 30 Sep 17 | 29,368 | 544 | 421 | 857 |
| 30 Jun 17 | 28,482 | 177 | 398 | 921 |
| 31 Mar 17 | 28,184 | -1,909 | 391 | 983 |
| 31 Dec 16 | 27,810 | -1,687 | 403 | 1,012 |
| 30 Sep 16 | 28,447 | -2,498 | 437 | 1,025 |
| 30 Jun 16 | 29,901 | -1,686 | 468 | 1,045 |
| 31 Mar 16 | 31,747 | 1,598 | 485 | 1,067 |
| 31 Dec 15 | 35,475 | 2,072 | 494 | 1,094 |
| 30 Sep 15 | 40,372 | 3,390 | 484 | 1,143 |
| 30 Jun 15 | 44,544 | 4,350 | 486 | 1,170 |
| 31 Mar 15 | 47,589 | 5,026 | 488 | 1,200 |
| 31 Dec 14 | 48,580 | 5,643 | 475 | 1,217 |
| 30 Sep 14 | 47,845 | 7,005 | 464 | 1,197 |
| 30 Jun 14 | 46,808 | 6,770 | 448 | 1,182 |
| 31 Mar 14 | 45,935 | 7,190 | 427 | 1,166 |
| 31 Dec 13 | 45,266 | 6,801 | 416 | 1,174 |
Quality Earnings: SLB has high quality earnings.
Growing Profit Margin: SLB's current net profit margins (12.4%) are lower than last year (13%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: SLB has become profitable over the past 5 years, growing earnings by 70.6% per year.
Accelerating Growth: SLB's earnings growth over the past year (7.8%) is below its 5-year average (70.6% per year).
Earnings vs Industry: SLB earnings growth over the past year (7.8%) did not outperform the Energy Services industry 17%.
Return on Equity
High ROE: SLB's Return on Equity (20.3%) is considered high.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:00 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Schlumberger Limited is covered by 90 analysts. 25 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| William Selesky | Argus Research Company |
| Tim Monachello | ATB Capital Markets |
| Waqar Syed | ATB Capital Markets |