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.
Key points
- 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
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:21 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 17, 2025.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.