Schlumberger
SLB
#322
Rank
$60.21 B
Marketcap
$42.41
Share price
-0.80%
Change (1 day)
-29.07%
Change (1 year)

Operating Margin for Schlumberger (SLB)

Operating Margin as of September 2024 (TTM): 15.94%

According to Schlumberger's latest financial reports and stock price the company's current Operating Margin is 15.94%. At the end of 2023 the company had an Operating Margin of 15.94%.

Operating Margin history for Schlumberger from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202315.94%4.85%
202215.20%46.85%
202110.35%-121.63%
2020-47.87%51.25%
2019-31.65%-495.8%
20188.00%-305.76%
2017-3.89%-43.27%
2016-6.85%-184.35%
20158.12%-48.35%
201415.72%-18.1%
201319.20%15.14%
201216.68%1.36%
201116.45%-14.5%
201019.24%11.04%
200917.33%-31.3%
200825.23%-11.27%
200728.43%10.48%
200625.73%23.9%
200520.77%79.61%
200411.56%153.33%
20034.56%-32.7%
20026.78%-14.16%
20017.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
14.61%-8.34%๐Ÿ‡บ๐Ÿ‡ธ USA
7.32%-54.08%๐Ÿ‡บ๐Ÿ‡ธ USA
9.45%-40.72%๐Ÿ‡บ๐Ÿ‡ธ USA
5.62%-64.76%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.