Schlumberger
SLB
#238
Rank
$71.25 B
Marketcap
$49.85
Share price
-2.14%
Change (1 day)
-5.28%
Change (1 year)

Operating Margin for Schlumberger (SLB)

Operating Margin as of April 2024 (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
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%12.54%
201217.06%6.44%
201116.03%-14.67%
201018.79%9.71%
200917.12%-32.15%
200825.24%-11.33%
200728.46%10.61%
200625.73%23.9%
200520.77%79.61%
200411.56%186.33%
20034.04%-124.65%
2002-16.38%-303.5%
20018.05%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
10.39%-31.64%๐Ÿ‡บ๐Ÿ‡ธ USA
7.29%-52.04%๐Ÿ‡บ๐Ÿ‡ธ USA
6.01%-60.46%๐Ÿ‡บ๐Ÿ‡ธ USA
5.62%-63.05%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.