Schlumberger
SLB
Operating Margin for Schlumberger (SLB)
Operating Margin as of September 2023 (TTM): 15.20%
According to Schlumberger's latest financial reports and stock price the company's current Operating Margin is 15.20%. At the end of 2022 the company had an Operating Margin of 15.20%.
Operating Margin history for Schlumberger from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 15.20% | 46.85% |
| 2021 | 10.35% | -121.63% |
| 2020 | -47.87% | 51.25% |
| 2019 | -31.65% | -495.8% |
| 2018 | 8.00% | -305.76% |
| 2017 | -3.89% | -43.27% |
| 2016 | -6.85% | -184.35% |
| 2015 | 8.12% | -48.35% |
| 2014 | 15.72% | -18.1% |
| 2013 | 19.20% | 12.54% |
| 2012 | 17.06% | 6.44% |
| 2011 | 16.03% | -14.67% |
| 2010 | 18.79% | 9.71% |
| 2009 | 17.12% | -32.15% |
| 2008 | 25.24% | -11.33% |
| 2007 | 28.46% | 10.61% |
| 2006 | 25.73% | 23.9% |
| 2005 | 20.77% | 79.61% |
| 2004 | 11.56% | 186.33% |
| 2003 | 4.04% | -124.65% |
| 2002 | -16.38% | -303.5% |
| 2001 | 8.05% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Halliburton HAL | 10.39% | -31.64% | 🇺🇸 USA |
 NOV NOV | 7.29% | -52.04% | 🇺🇸 USA |
 Oceaneering International
OII | 6.01% | -60.46% | 🇺🇸 USA |
 SEACOR Holdings CKH | 5.62% | -63.05% | 🇺🇸 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.