• Schlumberger average return on tangible equity for 2023 was 178.97, a 64.72% decline from 2022.
• Schlumberger average return on tangible equity for 2022 was 507.31, a 2658.3% decline from 2021.
• Schlumberger average return on tangible equity for 2021 was -19.83, a 93.47% decline from 2020.

Return on tangible equity can be defined as the amount of net income returned as a percentage of shareholders equity, after subtracting intangible assets, goodwill and preferred equity.