Financials Schlumberger Limited

Equities

SLB

AN8068571086

Oil Related Services and Equipment

Market Closed - Nyse Other stock markets 04:00:02 2025-06-20 pm EDT			5-day change	1st Jan Change
35.84 ^USD	-0.03%		-1.27%	-6.52%

Jun. 20	Sector Update: Energy Stocks Rise Late Afternoon	MT
Jun. 20	Sector Update: Energy	MT

Projected Income Statement: Schlumberger Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net sales ¹	23,601	22,929	28,091	33,135	36,289	35,658	37,259	38,196
Change	-	-2.85%	22.51%	17.96%	9.52%	-1.74%	4.49%	2.51%
EBITDA ¹	4,286	4,912	6,521	8,106	9,070	8,737	9,254	9,711
Change	-	14.61%	32.76%	24.31%	11.89%	-3.67%	5.92%	4.93%
EBIT ¹	1,720	2,792	4,374	5,794	6,577	6,057	6,561	7,116
Change	-	62.33%	56.66%	32.46%	13.51%	-7.91%	8.33%	8.45%
Interest Paid ¹	-563	-539	-490	-503	-512	-587.3	-531.9	-460
Earnings before Tax (EBT) ¹	-11,298	2,374	4,271	5,282	5,672	5,482	6,248	6,804
Change	-	121.01%	79.91%	23.67%	7.38%	-3.35%	13.98%	8.89%
Net income ¹	-10,518	1,881	3,441	4,203	4,461	4,297	4,919	5,375
Change	-	117.88%	82.93%	22.14%	6.14%	-3.68%	14.46%	9.28%
Announcement Date	1/22/21	1/21/22	1/20/23	1/19/24	1/17/25	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2020 Q2	2020 Q3	2020 Q4	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1
Net sales ¹	5,356	5,258	5,532	5,223	5,634	5,847	6,225	5,962	6,773	7,477	7,879	7,736	8,099	8,310	8,990	8,707	9,139	9,159	9,284	8,490	8,511	9,214	9,346	9,224	9,414	9,544	9,713	-
Change	-	-1.83%	5.21%	-5.59%	7.87%	3.78%	6.46%	-4.22%	13.6%	10.39%	5.38%	-1.81%	4.69%	2.61%	8.18%	-3.15%	4.96%	0.22%	1.36%	-8.55%	0.25%	8.26%	1.43%	-1.3%	2.06%	1.37%	1.77%	-
EBITDA ¹	831	1,011	1,105	1,046	1,195	1,293	1,378	1,263	1,543	1,756	1,937	1,785	1,959	2,080	2,284	2,058	2,288	2,343	2,382	2,020	2,082	2,295	2,360	2,228	2,341	2,395	2,468	2,529
Change	-	21.66%	9.3%	-5.34%	14.24%	8.2%	6.57%	-8.35%	22.17%	13.8%	10.31%	-7.85%	9.75%	6.18%	9.81%	-9.89%	11.18%	2.4%	1.66%	-15.2%	3.08%	10.24%	2.82%	-5.61%	5.08%	2.3%	3.06%	2.47%
EBIT ¹	227	424	522	514	669	763	846	730	1,011	1,245	1,388	1,222	1,398	1,501	1,675	1,458	1,663	1,715	1,741	1,377	1,434	1,599	1,638	1,537	1,664	1,750	1,789	1,875
Change	-	86.78%	23.11%	-1.53%	30.16%	14.05%	10.88%	-13.71%	38.49%	23.15%	11.49%	-11.96%	14.4%	7.37%	11.59%	-12.96%	14.06%	3.13%	1.52%	-20.91%	4.1%	11.57%	2.39%	-6.15%	8.27%	5.18%	2.22%	4.83%
Charge d'intérêts ¹	-144	-138	-144	-136	-136	-130	-137	-123	-124	-122	-121	-117	-127	-129	-130	-113	-132	-136	-131	-147	-148	-147.2	-145.9	-131.5	-136.5	-137	-137	-
Earnings before Tax (EBT) ¹	-3,627	-54	471	386	542	691	755	638	1,152	1,134	1,347	1,161	1,293	1,395	1,433	1,357	1,421	1,507	1,387	1,063	1,331	1,526	1,563	1,495	1,602	1,700	1,723	1,775
Change	-	98.51%	972.22%	-18.05%	40.41%	27.49%	9.26%	-15.5%	80.56%	-1.56%	18.78%	-13.81%	11.37%	7.89%	2.72%	-5.3%	4.72%	6.05%	-7.96%	-23.36%	25.21%	14.68%	2.37%	-4.3%	7.1%	6.16%	1.31%	3.04%
Net income ¹	-3,434	-82	374	299	431	550	601	510	959	907	1,065	934	1,033	1,123	1,113	1,068	1,112	1,186	1,095	797	1,049	1,209	1,243	1,178	1,263	1,343	1,361	1,401
Change	-	97.61%	556.1%	-20.05%	44.15%	27.61%	9.27%	-15.14%	88.04%	-5.42%	17.42%	-12.3%	10.6%	8.71%	-0.89%	-4.04%	4.12%	6.65%	-7.67%	-27.21%	31.67%	15.21%	2.82%	-5.28%	7.28%	6.33%	1.31%	2.97%
Announcement Date	7/24/20	10/16/20	1/22/21	4/23/21	7/23/21	10/22/21	1/21/22	4/22/22	7/22/22	10/21/22	1/20/23	4/21/23	7/21/23	10/20/23	1/19/24	4/19/24	7/19/24	10/18/24	1/17/25	4/25/25	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: Schlumberger Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Net Debt ¹	13,880	11,056	9,332	7,976	7,405	6,729	5,182	2,931
Change	-	-20.35%	-15.59%	-14.53%	-7.16%	-9.13%	-22.99%	-43.44%
Announcement Date	1/22/21	1/21/22	1/20/23	1/19/24	1/17/25	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: Schlumberger Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
CAPEX ¹	1,116	1,141	1,618	1,939	1,931	2,014	2,128	2,050
Change	-	2.24%	41.81%	19.84%	-0.41%	4.3%	5.67%	-3.67%
Free Cash Flow (FCF) ¹	1,424	2,997	1,418	4,038	3,990	4,530	5,164	5,606
Change	-	110.46%	-52.69%	184.77%	-1.19%	13.52%	13.99%	8.56%
Announcement Date	1/22/21	1/21/22	1/20/23	1/19/24	1/17/25	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: Schlumberger Limited

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Profitability
EBITDA Margin (%)	18.16%	21.42%	23.21%	24.46%	24.99%	24.5%	24.84%	25.42%
EBIT Margin (%)	7.29%	12.18%	15.57%	17.49%	18.12%	16.99%	17.61%	18.63%
EBT Margin (%)	-47.87%	10.35%	15.2%	15.94%	15.63%	15.37%	16.77%	17.81%
Net margin (%)	-44.57%	8.2%	12.25%	12.68%	12.29%	12.05%	13.2%	14.07%
FCF margin (%)	6.03%	13.07%	5.05%	12.19%	11%	12.7%	13.86%	14.68%
FCF / Net Income (%)	-13.54%	159.33%	41.21%	96.07%	89.44%	105.41%	104.98%	104.29%
Profitability
ROA	1.94%	4.61%	8.13%	9.23%	9.21%	8.93%	9.25%	9.7%
ROE	5.34%	13.53%	20.68%	21.36%	20.41%	19.55%	20.26%	21.21%
Financial Health
Leverage (Debt/EBITDA)	3.24x	2.25x	1.43x	0.98x	0.82x	0.77x	0.56x	0.3x
Debt / Free cash flow	9.75x	3.69x	6.58x	1.98x	1.86x	1.49x	1x	0.52x
Capital Intensity
CAPEX / Current Assets (%)	4.73%	4.98%	5.76%	5.85%	5.32%	5.65%	5.71%	5.37%
CAPEX / EBITDA (%)	26.04%	23.23%	24.81%	23.92%	21.29%	23.05%	23%	21.11%
CAPEX / FCF (%)	78.37%	38.07%	114.1%	48.02%	48.4%	44.46%	41.22%	36.57%
Items per share
Cash flow per share ¹	2.717	3.291	3.778	4.599	4.598	4.983	5.383	5.39
Change	-	21.11%	14.8%	21.74%	-0.04%	8.39%	8.03%	0.12%
Dividend per Share ¹	0.5	0.5	0.725	1.025	1.1	1.136	1.205	1.312
Change	-	0%	45%	41.38%	7.32%	3.27%	6.03%	8.91%
Book Value Per Share ¹	8.684	10.72	12.45	14.95	15.56	16.57	17.91	19.87
Change	-	23.41%	16.2%	20.03%	4.13%	6.48%	8.09%	10.93%
EPS ¹	-7.57	1.32	2.39	2.91	3.11	3.064	3.419	3.889
Change	-	117.44%	81.06%	21.76%	6.87%	-1.48%	11.58%	13.76%
Nbr of stocks (in thousands)	1,392,030	1,402,633	1,417,994	1,428,270	1,412,154	1,360,162	1,360,162	1,360,162
Announcement Date	1/22/21	1/21/22	1/20/23	1/19/24	1/17/25	-	-	-