TTM
14.4%
YoY change
−2.15pp
Trough year (2002)
-13.7%
Peak year (2007)
27.8%
Latest annual
15.3%
Operating Margin history chart for SLB (SLB) from 1985 to 2025
Latest: 15.3%
Operating Margin change chart for SLB (SLB) from 1985 to 2025
Latest: −2.15pp
Operating Margin history table for SLB (SLB) from 1985 to 2025
| 2025 | 15.3% | -2.15pp | ||
| 2024 | 17.4% | +0.84pp | ||
| 2023 | 16.6% | +1.82pp | ||
| 2022 | 14.8% | +2.72pp | ||
| 2021 | 12.1% | +5.04pp | ||
| 2020 | 7.0% | +8.53pp | ||
| 2019 | -1.5% | -11.23pp | ||
| 2018 | 9.7% | +0.93pp | ||
| 2017 | 8.8% | +0.58pp | ||
| 2016 | 8.2% | -7.47pp | ||
| 2015 | 15.7% | -3.84pp | ||
| 2014 | 19.5% | +1.89pp | ||
| 2013 | 17.6% | -0.20pp | ||
| 2012 | 17.8% | +1.09pp | ||
| 2011 | 16.7% | +0.79pp | ||
| 2010 | 16.0% | -0.96pp | ||
| 2009 | 16.9% | -7.72pp | ||
| 2008 | 24.6% | -3.16pp | ||
| 2007 | 27.8% | +2.32pp | ||
| 2006 | 25.5% | +6.17pp | ||
| 2005 | 19.3% | +5.48pp | ||
| 2004 | 13.8% | +6.21pp | ||
| 2003 | 7.6% | +21.29pp | ||
| 2002 | -13.7% | -24.48pp | ||
| 2001 | 10.8% | +2.34pp | ||
| 2000 | 8.5% | +4.82pp | ||
| 1999 | 3.6% | -7.28pp | ||
| 1998 | 10.9% | -4.55pp | ||
| 1997 | 15.5% | +4.19pp | ||
| 1996 | 11.3% | +1.32pp | ||
| 1995 | 10.0% | +1.07pp | ||
| 1994 | 8.9% | -0.54pp | ||
| 1993 | 9.5% | -1.63pp | ||
| 1992 | 11.1% | -0.81pp | ||
| 1991 | 11.9% | -0.50pp | ||
| 1990 | 12.4% | +2.39pp | ||
| 1989 | 10.0% | +0.54pp | ||
| 1988 | 9.5% | +4.08pp | ||
| 1987 | 5.4% | +3.36pp | ||
| 1986 | 2.0% | -12.27pp | ||
| 1985 | 14.3% | — |
- 202515.3%-2.15pp
- 202417.4%+0.84pp
- 202316.6%+1.82pp
- 202214.8%+2.72pp
- 202112.1%+5.04pp
- 20207.0%+8.53pp
- 2019-1.5%-11.23pp
- 20189.7%+0.93pp
- 20178.8%+0.58pp
- 20168.2%-7.47pp
- 201515.7%-3.84pp
- 201419.5%+1.89pp
- 201317.6%-0.20pp
- 201217.8%+1.09pp
- 201116.7%+0.79pp
- 201016.0%-0.96pp
- 200916.9%-7.72pp
- 200824.6%-3.16pp
- 200727.8%+2.32pp
- 200625.5%+6.17pp
- 200519.3%+5.48pp
- 200413.8%+6.21pp
- 20037.6%+21.29pp
- 2002-13.7%-24.48pp
- 200110.8%+2.34pp
- 20008.5%+4.82pp
- 19993.6%-7.28pp
- 199810.9%-4.55pp
- 199715.5%+4.19pp
- 199611.3%+1.32pp
- 199510.0%+1.07pp
- 19948.9%-0.54pp
- 19939.5%-1.63pp
- 199211.1%-0.81pp
- 199111.9%-0.50pp
- 199012.4%+2.39pp
- 198910.0%+0.54pp
- 19889.5%+4.08pp
- 19875.4%+3.36pp
- 19862.0%-12.27pp
- 198514.3%—
Operating 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 Operating Margin at SLB (SLB)
According to SLB's latest reported financial statements, the company's latest reported operating margin is 14.4%. Operating margin is operating income divided by revenue — the share of each sales dollar left after cost of goods sold and operating expenses (SG&A, R&D), but before interest and taxes. It isolates how profitable the core business is before financing and tax decisions, so it is comparable across companies with different capital structures.
Headline figure above is from the reporting period ending (reported ). Chart and table below cover the full reported history back to .
2025's annual operating margin for SLB (SLB) came in at 15.28% – contracted 2.2 percentage points year-over-year.
27.79% stands as the all-time-high annual operating margin, posted in 2007, against a low of -13.68% during 2002.
SLB Operating Margin by Year
SLB Operating Margin 2025: 15.3%
SLB operating margin in 2025 was 15.28%, contracted 2.2 percentage points from 2024.
SLB Operating Margin 2024: 17.4%
2024's operating margin for SLB came in at 17.43%, expanded 0.8 percentage points from 2023.
SLB Operating Margin 2023: 16.6%
SLB posted operating margin of 16.60% in 2023, expanded 1.8 percentage points from 2022.
SLB Operating Margin 2022: 14.8%
In 2022, SLB reported operating margin of 14.78%, expanded 2.7 percentage points from 2021.
SLB Operating Margin 2021: 12.1%
SLB operating margin in 2021 was 12.06%.
See more financial history for SLB (SLB).
Sector peers by Operating Margin
Energy peers of SLB (SLB), ranked by their latest operating margin
Frequently asked questions
SLB (SLB) Key Financials
Charts, filings, and peer comparison for every metric
Explore more
Deep-dives across the income statement, cash flow, capital return, and valuation