The company reported revenue of $9.28 billion for Q4 2024, up 1% sequentially and 3% year on year, along with adjusted EBITDA of $2.38 billion. Full-year revenue was $36.29 billion, up 10% from a year earlier, and full-year adjusted EBITDA was $9.07 billion.

1. 01

   The company reported revenue of $9.28 billion for Q4 2024, up 1% sequentially and 3% year on year, along with adjusted EBITDA of $2.38 billion. Full-year revenue was $36.29 billion, up 10% from a year earlier, and full-year adjusted EBITDA was $9.07 billion.

2. 02

   SLB said net income attributable to SLB for Q4 2024 was $1.10 billion, with GAAP EPS of $0.77. Excluding charges and credits, EPS for Q4 was $0.92. Full-year GAAP EPS was $3.11, and full-year EPS excluding charges and credits was $3.41.

3. 03

   The company said full-year 2024 cash flow from operations was $6.60 billion and free cash flow was $3.99 billion. Chief Executive Officer Olivier Le Peuch said these results allowed the company to return $3.27 billion to shareholders and reduce net debt by $571 million.

4. 04

   SLB said on December 20, 2024 it entered into accelerated share repurchase transactions to repurchase $2.3 billion of its common stock, and on January 13, 2025 it received an initial delivery of about 80% of the shares to be repurchased. The Board of Directors approved an increase in the quarterly dividend of 3.6%, from $0.275 to $0.285 per share.

Analysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.

AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.