SLB N.V. (SLB) 10-K Summary — Year Ended Dec 31, 2024
SLB N.V. filed its annual report covering business operations, risk factors, and financial results for the most recent fiscal year. The filing describes the company's business, reports a rise in revenue and net income, and details changes in liquidity and capital allocation.
Key takeaway
Year ended Dec 31, 2024 · FY2025 10-K
SLB N.V. filed its annual report covering business operations, risk factors, and financial results for the most recent fiscal year. The filing describes the company's business, reports a rise in revenue and net income, and details changes in liquidity and capital allocation.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$36.3B
Revenue reported for the fiscal year.
Operating income
n/a
Income from operations reported for the year.
Net income
$4.5B
Net income reported for the year.
Operating cash flow
$6.6B
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Dec 31, 2021 | $22.9B | n/a |
| Dec 31, 2022 | $28.1B | +22.5% |
| Dec 31, 2023 | $33.1B | +18.0% |
| Dec 31, 2024 | $36.3B | +9.5% |
Business overview
SLB N.V. is a company that provides technology and services to the global energy industry. The filing's business overview section outlines its operations, but no further details on specific segments or products are supplied.
Financial performance
Revenue increased compared to the prior year, and net income also rose. Cash flow from operations remained substantial, though free cash flow was slightly lower than the previous period.
Material risks
The filing includes a risk factors section, but the supplied context does not provide specific risk descriptions. No material risks can be identified from the available text.
Liquidity and capital
The company reduced its net debt during the period, supported by operating cash flow. Capital was allocated to dividends, share repurchases, capital expenditures, and business acquisitions.
What to watch
Monitor changes in working capital, as it consumed more cash this period compared to the prior year.