Schlumberger (STU:SCL) Research & Development : €664 Mil (TTM As of Mar. 2024)

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What is Schlumberger Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Schlumberger's Research & Development for the three months ended in Mar. 2024 was €167 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €664 Mil.

Schlumberger Research & Development Historical Data

The historical data trend for Schlumberger's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Schlumberger Research & Development Chart

Schlumberger Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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645.30

476.76

490.29

598.50

651.99

Schlumberger Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															162.52	150.45	174.28	171.48	167.44

Schlumberger Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €664 Mil.

Schlumberger (STU:SCL) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Schlumberger Research & Development Related Terms

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Schlumberger (STU:SCL) Business Description

Industry

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Traded in Other Exchanges

SLB:USA SLBN:Mexico SLBp:UK 0SCL:UK SLB:France SCL:Germany SLBG34:Brazil SLB:Argentina

Address

5599 San Felipe, 17th Floor, Houston, TX, USA, 77056

Website

https://www.slb.com

SLB, formerly known as Schlumberger, is the largest oilfield service firm in the world, with expertise in myriad disciplines, including reservoir performance, well construction, production enhancement, and more recently, digital solutions. It maintains a reputation as one of the industry's leading innovators, which has earned it dominant share in numerous end markets.