SLB Q2 2024 Earnings — SLB N.V. Revenue & Financial Results | Market Cap Arena

SLBSLB N.V.

$72B

Q2 2024 Earnings

Energy Oil & Gas Equipment & Services

Income Statement

Revenue

$9.1B+12.8% YoY

Gross Profit

$1.9B20.5% margin

Operating Income

$1.6B17.5% margin

Net Income

$1.1B12.2% margin

EPS (Diluted)

$0.77

QoQ Revenue Growth

+4.9%

Cash Flow

Operating Cash Flow

$1.4B

Free Cash Flow

$911M

Stock-Based Comp.

$73M

Balance Sheet

Total Assets

$49.4B

Total Liabilities

$27.1B

Stockholders' Equity

$21.1B

Cash & Equivalents

$3.0B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9.1B	$8.1B	+12.8%
Gross Profit	$1.9B	$1.6B	+17.5%
Operating Income	$1.6B	$1.3B	+19.2%
Net Income	$1.1B	$1.0B	+7.6%

Revenue Segments

Well Construction

$3.4B37%

Production Systems

$3.0B33%

Reservoir Characterization

$1.8B20%

Digital Integration

$1.1B11%

Geographic Segments

Middle East

$3.3B36%

Europe C I S Africa

$2.4B27%

Latin America

$1.7B19%

North America

$1.6B18%

Other Countries

$43M0%