• Schlumberger average operating margin for 2024 was 16.32%, a 1.37% decline from 2023.
• Schlumberger average operating margin for 2023 was 16.1%, a 18.12% increase from 2022.
• Schlumberger average operating margin for 2022 was 13.63%, a 35.49% increase from 2021.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.