SLB Q1 2024 Earnings — SLB N.V. Revenue & Financial Results | Market Cap Arena

SLBSLB N.V.

$72B

Q1 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$8.7B+12.6% YoY

Gross Profit

$1.7B19.5% margin

Operating Income

$1.4B16.0% margin

Net Income

$1.1B12.3% margin

EPS (Diluted)

$0.74

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$327M

Free Cash Flow

-$101M

Stock-Based Comp.

$100M

Balance Sheet

Total Assets

$47.9B

Total Liabilities

$25.9B

Stockholders' Equity

$20.7B

Cash & Equivalents

$2.8B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8.7B	$7.7B	+12.6%
Gross Profit	$1.7B	$1.5B	+17.2%
Operating Income	$1.4B	$1.2B	+17.8%
Net Income	$1.1B	$934M	+14.3%

Revenue Segments

Well Construction

$3.4B38%

Production Systems

$2.8B32%

Reservoir Characterization

$1.7B19%

Digital Integration

$953M11%

Geographic Segments

Middle East

$3.1B35%

Europe C I S Africa

$2.3B27%

Latin America

$1.7B19%

North America

$1.6B18%

Other Countries

$53M1%