Core Laboratories (CLB) Operating Margin (2022 - 2026)
Core Laboratories (CLB) recorded Operating Margin of 7.34% in Q2 2026, down 4.40 percentage points from 11.75% a year earlier but up 5.79 percentage points from the prior quarter.
Core Laboratories (CLB) Operating Margin (2022 - 2026) Analysis & Trends
On a TTM basis, Core Laboratories' Operating Margin came in at 9.21% as of Jun 30, 2026, down 1.17 percentage points year-over-year; for FY2025, it was 10.72%, down 0.45 percentage points from FY2024.
- Annual Operating Margin has a four-year change of +1.10 percentage points (FY2021 to FY2025).
- Across earlier years, Operating Margin came in at 11.18% in FY2024 (+0.46 pp), 10.72% in FY2023 (+2.24 pp), 8.48% in FY2022 (-1.15 pp) and 9.63% in FY2021.
- Quarterly Operating Margin has ranged from 1.55% in Q1 2026 to 15.56% in Q3 2025 over the past five years.
- On a year-over-year basis, Operating Margin rose in three of the last eight quarters, with an average year-over-year change of -0.76 percentage points.
- Peak year-over-year performance for Operating Margin in the last five years was a gain of 5.15 percentage points in Q2 2023, against a drop of 4.40 percentage points in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 1.55% (Q1 2026), 11.45% (Q4 2025) and 15.56% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn | 11.94% |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn | 12.74% |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn | -57.68% |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn | 13.62% |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn | 9.04% |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn | 4.23% |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn | 9.68% |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn | 15.73% |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn | 9.48% |
| 10 | Core Laboratories | 461.14 Mn | 373.35 Mn | 23.24 Mn | 7.34% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 7.34% |
| Mar 31, 2026 | 1.55% |
| Dec 31, 2025 | 11.45% |
| Sep 30, 2025 | 15.56% |
| Jun 30, 2025 | 11.75% |
| Mar 31, 2025 | 3.57% |
| Dec 31, 2024 | 10.97% |
| Sep 30, 2024 | 14.73% |
| Jun 30, 2024 | 12.26% |
| Mar 31, 2024 | 6.61% |
| Dec 31, 2023 | 11.37% |
| Sep 30, 2023 | 11.71% |
| Jun 30, 2023 | 14.78% |
| Mar 31, 2023 | 5.05% |
| Dec 31, 2022 | 12.24% |
| Sep 30, 2022 | 11.63% |
| Jun 30, 2022 | 9.64% |
Core Laboratories Operating Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-margin&ticker=CLB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "ticker": "CLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-margin&ticker=CLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();