SLB Q4 2024 EPS excluding charges rises 7% to $0.92; dividend raised 3.6%
SLB reported fourth-quarter 2024 revenue of $9.28 billion, up 3% year on year, and GAAP diluted EPS of $0.77, flat year on year. Adjusted EPS, excluding charges and credits, rose 7% to $0.92, and full-year 2024 revenue grew 10% to $36.29 billion. The board raised the quarterly dividend 3.6% to $0.285 per share and SLB entered $2.3 billion of accelerated share repurchases, which the company says lifts total 2025 shareholder returns to a minimum of $4 billion.
- Q4 2024 revenue $9.28 billion, up 3% year on year and 1% sequentially
- Q4 GAAP diluted EPS $0.77, flat year on year; excluding charges and credits $0.92, up 7%
- Full-year 2024 GAAP EPS $3.11, up 7%; excluding charges and credits $3.41, up 14%
- Quarterly dividend raised to $0.285 per share from $0.275, payable April 3, 2025