Edwyn
| Metric | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|
| Revenue | $23,601 | $22,929 | $28,091 | $33,135 | $36,289 |
| Gross Profit | N/A | N/A | N/A | N/A | N/A |
| Operating Income | $2,401 | $3,365 | $5,011 | $6,523 | N/A |
| Net Income | -$10,518 | $1,881 | $3,441 | $4,203 | $4,461 |
Over the five-year period, SLB LIMITED/NV’s revenue shows a generally positive trend with notable growth from 2021’s US$22.9 billion to US$36.3 billion in 2024. Despite a slight decline between 2020 and 2021, likely linked to unique operational or market challenges, the subsequent rebound is significant: revenue grew approximately 22% in 2022 and continued to increase steadily through 2023 and 2024. Operating income followed a similar upward trajectory, rising from US$2.4 billion in 2020 to nearly US$6.5 billion in 2023—a marked improvement that reflects potential improvements in operational efficiencies or cost management in the company’s core business. The absence of gross profit figures suggests these may not be separately reported in the provided data, or the metric is reported differently within this company’s financials. Net income presents the most dramatic shift, swinging from a substantial loss of US$10.5 billion in 2020 to positive earnings of US$1.9 billion in 2021, then rising to US$4.2 billion in 2023 and reaching US$4.5 billion in 2024. This more than 100% year-over-year improvement between 2020 and 2021 indicates a significant recovery which might be attributed to operational restructuring, market recovery, or the resolution of one-off expenses. Operating in the oilfield services industry, where capital spending and commodity cycles play key roles, the company’s improved profitability and sustained revenue growth suggest an overall robust financial position and a positive outlook for sustainability.
This analysis is for informational purposes only and does not constitute financial advice or recommendations for any investment decisions. Please consult with a qualified financial professional for personalized guidance.