TTM
17.3%
YoY change
−2.34pp
Trough year (2002)
-1.1%
Peak year (1985)
45.6%
Latest annual
18.2%
Gross Margin history chart for SLB (SLB) from 1985 to 2025
Latest: 18.2%
Gross Margin change chart for SLB (SLB) from 1985 to 2025
Latest: −2.34pp
Gross Margin history table for SLB (SLB) from 1985 to 2025
| 2025 | 18.2% | -2.34pp | ||
| 2024 | 20.6% | +0.75pp | ||
| 2023 | 19.8% | +1.43pp | ||
| 2022 | 18.4% | +2.42pp | ||
| 2021 | 16.0% | +4.93pp | ||
| 2020 | 11.0% | -1.73pp | ||
| 2019 | 12.8% | -0.47pp | ||
| 2018 | 13.2% | +0.41pp | ||
| 2017 | 12.8% | -0.50pp | ||
| 2016 | 13.3% | -6.86pp | ||
| 2015 | 20.2% | -2.85pp | ||
| 2014 | 23.0% | +1.07pp | ||
| 2013 | 21.9% | +0.37pp | ||
| 2012 | 21.6% | +1.03pp | ||
| 2011 | 20.5% | -1.13pp | ||
| 2010 | 21.7% | -2.62pp | ||
| 2009 | 24.3% | -5.86pp | ||
| 2008 | 30.1% | -3.34pp | ||
| 2007 | 33.5% | +2.20pp | ||
| 2006 | 31.3% | +5.53pp | ||
| 2005 | 25.8% | +4.52pp | ||
| 2004 | 21.2% | +2.47pp | ||
| 2003 | 18.8% | +19.85pp | ||
| 2002 | -1.1% | -25.00pp | ||
| 2001 | 23.9% | +0.62pp | ||
| 2000 | 23.3% | +3.70pp | ||
| 1999 | 19.6% | -3.93pp | ||
| 1998 | 23.5% | -2.86pp | ||
| 1997 | 26.4% | +2.72pp | ||
| 1996 | 23.7% | -10.93pp | ||
| 1995 | 34.6% | -0.71pp | ||
| 1994 | 35.3% | -1.53pp | ||
| 1993 | 36.9% | -2.02pp | ||
| 1992 | 38.9% | +0.14pp | ||
| 1991 | 38.7% | -1.36pp | ||
| 1990 | 40.1% | +0.32pp | ||
| 1989 | 39.8% | +0.20pp | ||
| 1988 | 39.6% | +1.78pp | ||
| 1987 | 37.8% | -1.11pp | ||
| 1986 | 38.9% | -6.71pp | ||
| 1985 | 45.6% | — |
- 202518.2%-2.34pp
- 202420.6%+0.75pp
- 202319.8%+1.43pp
- 202218.4%+2.42pp
- 202116.0%+4.93pp
- 202011.0%-1.73pp
- 201912.8%-0.47pp
- 201813.2%+0.41pp
- 201712.8%-0.50pp
- 201613.3%-6.86pp
- 201520.2%-2.85pp
- 201423.0%+1.07pp
- 201321.9%+0.37pp
- 201221.6%+1.03pp
- 201120.5%-1.13pp
- 201021.7%-2.62pp
- 200924.3%-5.86pp
- 200830.1%-3.34pp
- 200733.5%+2.20pp
- 200631.3%+5.53pp
- 200525.8%+4.52pp
- 200421.2%+2.47pp
- 200318.8%+19.85pp
- 2002-1.1%-25.00pp
- 200123.9%+0.62pp
- 200023.3%+3.70pp
- 199919.6%-3.93pp
- 199823.5%-2.86pp
- 199726.4%+2.72pp
- 199623.7%-10.93pp
- 199534.6%-0.71pp
- 199435.3%-1.53pp
- 199336.9%-2.02pp
- 199238.9%+0.14pp
- 199138.7%-1.36pp
- 199040.1%+0.32pp
- 198939.8%+0.20pp
- 198839.6%+1.78pp
- 198737.8%-1.11pp
- 198638.9%-6.71pp
- 198545.6%—
Gross Margin values are taken from SLB's reported income statements (quarterly 10-Q and annual 10-K filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the filing date. YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
About Gross Margin at SLB (SLB)
According to SLB's latest reported financial statements, the company's latest reported gross margin is 17.3%. Gross margin is gross profit divided by revenue, expressed as a percentage. It shows how much of each sales dollar survives the direct cost of goods sold — before operating expenses, interest, and taxes. A higher gross margin generally signals pricing power and production efficiency. Margins are most meaningful compared against sector peers and a company's own history.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
The 2025 reading of SLB (SLB) gross margin is 18.21% – contracted 2.3 percentage points year-over-year.
The highest annual gross margin of 45.61% was reported in 1985. The lowest in the available history was -1.08% in 2002.
SLB Gross Margin by Year
SLB Gross Margin 2025: 18.2%
In 2025, SLB reported gross margin of 18.21%, contracted 2.3 percentage points from 2024.
SLB Gross Margin 2024: 20.6%
SLB gross margin in 2024 was 20.56%, expanded 0.8 percentage points from 2023.
SLB Gross Margin 2023: 19.8%
2023's gross margin for SLB came in at 19.81%, expanded 1.4 percentage points from 2022.
SLB Gross Margin 2022: 18.4%
SLB posted gross margin of 18.37% in 2022, expanded 2.4 percentage points from 2021.
SLB Gross Margin 2021: 16.0%
SLB gross margin in 2021 was 15.95%.
See more financial history for SLB (SLB).
Sector peers by Gross Margin
Energy peers of SLB (SLB), ranked by their latest gross margin
| 62.8% | |
| 30.7% | |
| 29.2% | |
| 25.5% | |
| 25.4% | |
| 8.8% | |
| 7.2% | |
| 7.0% |
- 30.7%
- 29.2%
- 25.5%
- 25.4%
Frequently asked questions
SLB (SLB) Key Financials
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