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Main » 2023 » January » 28 » SLB Announces Fourth-Quarter and Full-Year 2022 Results
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SLB Announces Fourth-Quarter and Full-Year 2022 Results

HOUSTON - Friday, 27. January 2023 AETOSWire

Fourth-quarter revenue of $7.9 billion increased 5% sequentially and 27% year on year
Fourth-quarter GAAP EPS of $0.74 increased 17% sequentially and 76% year on year
Fourth-quarter EPS, excluding charges and credits, of $0.71 increased 13% sequentially and 73% year on year
Fourth-quarter cash flow from operations was $1.6 billion and free cash flow was $0.9 billion
Board approved a 43% increase in quarterly cash dividend to $0.25 per share
Full-year revenue of $28.1 billion increased 23% year on year
Full-year GAAP EPS of $2.39 increased 81% year on year
Full-year EPS, excluding charges and credits, of $2.18 increased 70% year on year
Full-year net income attributable to SLB of $3.4 billion increased 83% year on year
Full-year adjusted EBITDA of $6.5 billion increased 31% year on year
Full-year cash flow from operations was $3.7 billion
(BUSINESS WIRE) -- SLB (NYSE: SLB) today announced results for the fourth-quarter and full-year 2022.

 

Fourth-Quarter Results

     (Stated in millions, except per share amounts)
     Three Months Ended         Change
     Dec. 31,
2022         Sept. 30,
2022         Dec. 31,
2021         Sequential         Year-on-year
Revenue    
$7,879

     
$7,477

     
$6,225

     
5%

 

27%

Income before taxes - GAAP basis    
$1,347

     
$1,134

     
$755

     
19%

 

78%

Income before taxes margin - GAAP basis    
17.1%

     
15.2%

     
12.1%

     
192 bps

 

495 bps

Net income attributable to SLB - GAAP basis    
$1,065

     
$907

     
$601

     
17%

 

77%

Diluted EPS - GAAP basis    
$0.74

     
$0.63

     
$0.42

     
17%

 

76%

                                   
 

 

 

Adjusted EBITDA*    
$1,921

     
$1,756

     
$1,381

     
9%

 

39%

Adjusted EBITDA margin*    
24.4%

     
23.5%

     
22.2%

     
89 bps

 

219 bps

Pretax segment operating income*    
$1,557

     
$1,400

     
$986

     
11%

 

58%

Pretax segment operating margin*    
19.8%

     
18.7%

     
15.8%

     
104 bps

 

393 bps

Net income attributable to SLB, excluding charges & credits*    
$1,026

     
$907

     
$587

     
13%

 

75%

Diluted EPS, excluding charges & credits*    
$0.71

     
$0.63

     
$0.41

     
13%

 

73%

                                   
 

 

 

Revenue by Geography                                  
 

 

 

International    
$6,194

     
$5,881

     
$4,898

     
5%

 

26%

North America    
1,633

     
1,543

     
1,281

     
6%
 

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