Slb N.V.

SLB · NYSE · USD

Financials

Annual

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Valuation and market statistics · USD millions unless noted · ratios on the twelve months ending at each period

Line item	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Valuation
Market cap	$57,337	$54,142	$74,337	$75,806	$42,009	$30,619	$56,386	$50,607	$94,523	$117,751	$97,834	$110,606	$119,216	$92,169	$92,150	$104,375	$77,978	$50,627	$116,858	$74,635	$57,243	$39,445	$31,951	$24,355	$31,538	$45,566	$30,792	$22,957	$39,456	$24,292	$15,376	$11,170	$13,052	$12,484	$13,538	$12,509	$10,571	$7,832	$7,248	$8,300	$9,876
Enterprise value	$66,615	$62,767	$83,483	$85,442	$53,347	$44,917	$69,929	$64,305	$108,052	$128,561	$104,071	$116,634	$124,188	$97,632	$97,385	$107,716	$78,951	$51,878	$118,791	$77,622	$58,641	$41,524	$37,146	$30,336	$37,788	$46,691	$29,843	$23,081	$39,618	$24,384	$16,000	$11,593	$13,496	$12,867	$13,961	$12,880	$10,866	$6,644	$4,830	$5,002	$6,318
P/E (TTM) at period end	16.99×	12.14×	17.69×	22.03×	22.33×	–	–	23.67×	–	–	47.22×	19.60×	17.53×	17.62×	20.41×	24.51×	24.65×	9.36×	22.57×	20.12×	25.94×	32.23×	83.42×	–	60.39×	62.03×	83.97×	22.64×	30.45×	28.53×	23.68×	20.84×	38.99×	18.87×	16.60×	21.93×	25.17×	17.26×	25.65×	–	28.14×
P/S (TTM) at period end	1.61×	1.49×	2.24×	2.70×	1.83×	1.30×	1.71×	1.54×	3.11×	4.23×	2.76×	2.28×	2.63×	2.21×	2.52×	3.91×	3.43×	1.86×	5.02×	3.88×	4.00×	3.44×	2.27×	1.79×	2.25×	4.74×	3.67×	1.94×	3.71×	2.71×	2.02×	1.67×	1.95×	1.97×	2.20×	2.36×	2.26×	1.59×	1.65×	1.82×	1.61×
P/B at period end	2.20×	2.56×	3.68×	4.29×	2.80×	2.54×	2.37×	1.40×	2.57×	2.87×	2.75×	2.92×	3.02×	2.65×	2.95×	3.34×	4.08×	3.00×	7.86×	7.16×	7.54×	6.45×	5.43×	4.34×	3.76×	5.49×	3.99×	2.83×	5.35×	4.32×	3.10×	2.44×	2.96×	2.95×	3.51×	3.84×	3.65×	2.84×	1.89×	2.01×	1.44×
EV / EBITDA (TTM)	9.50×	7.54×	9.45×	11.94×	9.73×	9.04×	9.24×	8.30×	13.93×	17.45×	9.83×	7.95×	9.39×	8.96×	10.17×	16.29×	12.41×	5.79×	14.11×	12.02×	14.26×	14.35×	14.07×	–	11.09×	22.40×	22.49×	9.51×	15.12×	12.86×	10.12×	8.44×	9.48×	9.12×	10.04×	10.65×	10.99×	–	–	–	–
EV / Sales (TTM)	1.87×	1.73×	2.52×	3.04×	2.33×	1.90×	2.12×	1.96×	3.55×	4.62×	2.93×	2.40×	2.74×	2.34×	2.66×	4.04×	3.48×	1.91×	5.10×	4.04×	4.10×	3.62×	2.64×	2.23×	2.70×	4.86×	3.55×	1.95×	3.72×	2.72×	2.10×	1.73×	2.01×	2.03×	2.27×	2.43×	2.32×	1.35×	1.10×	1.10×	1.03×
Returns
Return on equity	12.9%	21.1%	20.8%	19.5%	12.5%	(87.1%)	(42.7%)	5.9%	(4.1%)	(4.1%)	5.8%	14.9%	17.2%	15.0%	14.4%	13.6%	16.5%	32.1%	34.8%	35.6%	29.1%	20.0%	6.5%	(41.4%)	6.2%	8.9%	4.7%	12.5%	17.6%	15.1%	13.1%	11.7%	7.6%	15.6%	21.2%	17.5%	14.5%	16.5%	7.4%	(48.9%)	5.1%
Return on invested capital	9.6%	15.2%	17.4%	14.3%	9.9%	7.8%	10.1%	6.8%	7.3%	4.8%	9.3%	16.4%	14.9%	12.3%	12.0%	8.5%	12.2%	24.5%	25.5%	22.9%	17.3%	11.4%	4.8%	(14.2%)	4.6%	6.6%	3.2%	12.0%	17.0%	17.7%	11.5%	10.4%	11.5%	13.5%	14.2%	14.8%	11.6%	22.9%	13.6%	11.2%	15.0%
Dividend yield	2.8%	2.8%	1.8%	1.1%	1.7%	5.7%	4.9%	5.5%	2.9%	2.2%	2.5%	1.8%	1.3%	1.6%	1.4%	1.0%	1.3%	1.9%	0.7%	0.8%	0.8%	1.1%	1.4%	1.8%	1.4%	0.9%	1.3%	1.7%	1.0%	1.5%	2.1%	2.6%	2.2%	2.3%	2.1%	2.3%	2.7%	–	–	–	–
Financial health
Current ratio	1.33×	1.45×	1.32×	1.25×	1.22×	1.23×	1.19×	1.17×	1.21×	1.59×	1.91×	1.74×	1.94×	1.95×	1.95×	1.67×	1.88×	1.59×	1.47×	1.42×	1.55×	1.50×	1.53×	1.11×	1.24×	1.88×	2.48×	2.25×	1.67×	1.45×	1.46×	1.37×	1.35×	1.56×	1.44×	1.33×	1.41×	1.28×	1.66×	1.64×	2.02×
Debt / equity	0.45×	0.57×	0.59×	0.69×	0.95×	1.40×	0.64×	0.44×	0.49×	0.45×	0.49×	0.31×	0.31×	0.31×	0.31×	0.25×	0.25×	0.29×	0.37×	0.57×	0.58×	0.76×	1.34×	1.28×	0.86×	0.50×	0.50×	0.50×	0.26×	0.26×	0.14×	0.10×	0.12×	0.10×	0.12×	0.13×	0.12×	0.09×	0.04×	0.12×	0.15×
Effective tax rate	19.6%	19.3%	19.1%	18.2%	18.8%	7.2%	3.0%	17.0%	(27.9%)	14.6%	25.9%	25.2%	21.3%	24.4%	24.8%	17.1%	24.4%	20.9%	21.9%	24.0%	22.9%	20.9%	36.9%	(12.5%)	51.1%	23.8%	30.0%	23.3%	22.3%	(26.0%)	15.7%	13.2%	12.2%	11.6%	16.9%	18.3%	20.9%	22.9%	18.8%	(6.8%)	43.1%
Share count
Diluted shares outstanding	1,437	1,436	1,443	1,437	1,427	1,390	1,385	1,393	1,388	1,357	1,275	1,308	1,333	1,339	1,361	1,263	1,214	1,224	1,239	1,242	1,230	1,226	1,173	1,166	1,148	1,160	1,128	1,121	1,121	1,088	984	975	999	959	954	950	944	1,056	1,108	1,150	1,190

StatisticsIncome statementBalance sheetCash flowDividendsSegments

Income statement · USD millions

Line item	TTM	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016	FY2015	FY2014	FY2013	FY2012	FY2011	FY2010	FY2009	FY2008	FY2007	FY2006	FY2005	FY2004	FY2003	FY2002	FY2001	FY2000	FY1999	FY1998	FY1997	FY1996	FY1995	FY1994	FY1993	FY1992	FY1991	FY1990	FY1989	FY1988	FY1987	FY1986	FY1985
Revenue and gross profit
Revenue	$36,366	$35,708	$36,289	$33,135	$28,091	$22,929	$23,601	$32,917	$32,815	$30,440	$27,810	$35,475	$48,580	$45,266	$41,731	$36,579	$26,672	$22,702	$27,163	$23,277	$19,230	$14,309	$11,480	$14,059	$13,613	$13,988	$9,611	$8,395	$11,816	$10,648	$8,956	$7,622	$6,697	$6,706	$6,332	$6,145	$5,306	$4,686	$4,924	$4,402	$4,568	$6,119
Cost of revenue	($30,353)	($29,201)	($28,829)	($26,572)	($22,930)	($19,271)	($20,931)	($28,720)	($28,478)	($8,337)	($7,057)	($28,321)	($37,398)	($35,331)	($32,885)	($28,802)	($21,097)	($17,245)	($18,957)	($15,481)	($13,214)	($10,623)	($9,042)	($11,420)	($13,759)	($10,642)	($7,372)	($6,749)	($9,034)	($7,837)	($6,835)	($4,984)	($4,332)	($4,234)	($3,871)	($3,765)	($3,179)	($2,822)	($2,976)	($2,738)	($2,791)	($3,328)
Gross profit	$6,013	$6,507	$7,460	$6,563	$5,161	$3,658	$2,670	$4,197	$4,337	$22,103	$20,753	$7,154	$11,182	$9,935	$8,846	$7,777	$5,575	$5,457	$8,206	$7,796	$6,016	$3,686	$2,438	$2,639	($147)	$3,346	$2,240	$1,646	$2,781	$2,811	$2,121	$2,638	$2,365	$2,471	$2,461	$2,380	$2,127	$1,864	$1,948	$1,664	$1,777	$2,791
Operating expenses
Research and development	($692)	($709)	($749)	($711)	($634)	($554)	($580)	($717)	($702)	($787)	($1,012)	($1,094)	($1,217)	($1,174)	($1,153)	($1,061)	($919)	($802)	($819)	($728)	($619)	($506)	($467)	($556)	($650)	($704)	($541)	($522)	($568)	($486)	($453)	–	–	–	–	–	–	–	–	–	–	–
Selling, general and administrative	($337)	($340)	($385)	($364)	($376)	($339)	($365)	($474)	($444)	($432)	($403)	($494)	($475)	($416)	($405)	($417)	($311)	($261)	($584)	($517)	($501)	($420)	($385)	($1,013)	($1,066)	($1,131)	($886)	($818)	($922)	($676)	($657)	($1,057)	($992)	($1,047)	($1,050)	($989)	($917)	($875)	($930)	($892)	($966)	($1,075)
Total operating expenses	($1,853)	($2,139)	($1,656)	($40)	($150)	($293)	($269)	($219)	($150)	($18,182)	($17,480)	($644)	($606)	($591)	($1,591)	($1,478)	($1,721)	($1,572)	($1,518)	($1,328)	($1,120)	($925)	($852)	($1,569)	($1,716)	($1,835)	($1,426)	($1,340)	($1,490)	($1,162)	($1,109)	($1,877)	($1,768)	($1,837)	($1,759)	($1,649)	($1,469)	($1,395)	($1,482)	($1,427)	($1,684)	($1,916)
Total costs and expenses	($32,206)	($31,340)	($30,485)	($26,612)	($23,080)	($19,564)	($21,200)	($28,939)	($28,628)	($26,519)	($24,537)	($28,965)	($38,004)	($35,922)	($34,476)	($30,280)	($22,818)	($18,817)	($20,475)	($16,809)	($14,334)	($11,548)	($9,894)	($12,989)	($15,475)	($12,477)	($8,798)	($8,089)	($10,524)	($8,999)	($7,945)	($6,861)	($6,100)	($6,072)	($5,630)	($5,414)	($4,649)	($4,217)	($4,458)	($4,165)	($4,476)	($5,244)
Operating income	$4,160	$4,368	$5,804	$6,523	$5,011	$3,365	$2,401	$3,978	$4,187	$3,921	$3,273	$6,510	$10,576	$9,344	$7,255	$6,299	$3,854	$3,885	$6,688	$6,468	$4,896	$2,761	$1,586	$1,070	($1,862)	$1,511	$814	$306	$1,291	$1,648	$1,012	$760	$597	$634	$702	$731	$658	$469	$466	$237	$93	$875
Earnings
EBITDA	$6,927	$7,011	$8,323	$8,835	$7,158	$5,485	$4,967	$7,567	$7,743	$7,758	$7,367	$10,588	$14,670	$13,223	$10,902	$9,573	$6,611	$6,361	$8,957	$8,422	$6,458	$4,112	$2,894	$2,641	($317)	$3,407	$2,084	$1,327	$2,428	$2,621	$1,897	$1,581	$1,373	$1,424	$1,411	$1,391	$1,210	$988	–	–	–	–
Interest income	$270	$136	$174	$100	$99	$33	$33	$41	$60	$128	$110	$52	$51	$33	$30	$40	$50	$10	$119	$162	–	–	$54	–	$68	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Interest expense	($512)	($558)	($512)	($503)	($490)	($539)	($563)	($609)	($575)	($566)	($570)	($346)	($369)	($391)	($340)	($298)	($207)	($221)	($247)	($275)	–	–	($201)	–	($364)	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–	–
Pre-tax income	$3,918	$4,291	$5,672	$5,282	$4,271	$2,374	($11,298)	($10,418)	$2,624	($1,183)	($1,905)	$2,881	$7,639	$8,691	$6,959	$6,018	$5,132	$3,156	$6,852	$6,624	$4,948	$2,972	$1,327	$568	($2,230)	$1,126	$961	$470	$1,323	$1,668	$676	$770	$618	$664	$748	$982	$698	$531	$588	$619	($1,549)	$617
Income tax expense	($768)	($840)	($1,093)	($1,007)	($779)	($446)	$812	$311	($447)	($330)	$278	($746)	($1,928)	($1,848)	($1,700)	($1,492)	($879)	($770)	($1,430)	($1,448)	($1,190)	($682)	($277)	($209)	($279)	($575)	($228)	($141)	($309)	($373)	$176	($121)	($81)	($81)	($86)	($166)	($128)	($111)	($135)	($116)	($106)	($266)
Net income	$3,101	$3,374	$4,461	$4,203	$3,441	$1,881	($10,518)	($10,137)	$2,138	($1,505)	($1,687)	$2,072	$5,438	$6,732	$5,490	$4,997	$4,267	$3,134	$5,435	$5,177	$3,710	$2,207	$1,224	$383	($2,320)	$522	$735	$367	$1,014	$1,296	$852	$649	$536	$335	$662	$816	$570	$420	$454	$283	($2,018)	$351
Per share
Diluted EPS (GAAP)	$2.05	$2.35	$3.11	$2.91	$2.39	$1.32	($7.57)	($7.32)	$1.53	($1.08)	($1.24)	$1.63	$4.16	$5.05	$4.10	$3.67	$3.38	$2.59	$4.45	$4.20	$3.01	$1.82	$1.02	$0.33	($1.99)	$0.91	$0.64	$0.33	$0.91	$1.24	$0.85	$0.66	$0.55	$0.34	$0.69	$0.86	$0.60	$0.45	$0.43	$0.26	($1.75)	$0.30
Basic EPS (GAAP)	$2.08	$2.38	$3.14	$2.95	$2.43	$1.34	($7.57)	($7.32)	$1.54	($1.08)	($1.24)	$1.63	$4.20	$5.09	$4.13	$3.70	$3.41	$2.62	$4.54	$4.36	$3.14	$1.87	$1.04	$0.33	($2.01)	$0.91	$0.73	$0.34	$0.93	$1.29	$0.86	$0.67	$0.55	$0.35	$0.69	$0.86	$0.60	$0.45	$0.43	$0.26	($1.75)	$0.30
Basic shares outstanding	1,483	1,421	1,421	1,425	1,416	1,400	1,390	1,385	1,385	1,388	1,357	1,267	1,295	1,323	1,330	1,349	1,250	1,198	1,196	1,188	1,182	1,179	1,178	1,168	1,157	1,148	1,140	1,097	1,088	1,077	1,069	976	975	970	959	954	950	944	1,056	1,108	1,150	1,190
Margins
Gross margin	16.5%	18.2%	20.6%	19.8%	18.4%	16.0%	11.3%	12.8%	13.2%	72.6%	74.6%	20.2%	23.0%	21.9%	21.2%	21.3%	20.9%	24.0%	30.2%	33.5%	31.3%	25.8%	21.2%	18.8%	(1.1%)	23.9%	23.3%	19.6%	23.5%	26.4%	23.7%	34.6%	35.3%	36.9%	38.9%	38.7%	40.1%	39.8%	39.6%	37.8%	38.9%	45.6%
Operating margin	11.4%	12.2%	16.0%	19.7%	17.8%	14.7%	10.2%	12.1%	12.8%	12.9%	11.8%	18.4%	21.8%	20.6%	17.4%	17.2%	14.4%	17.1%	24.6%	27.8%	25.5%	19.3%	13.8%	7.6%	(13.7%)	10.8%	8.5%	3.6%	10.9%	15.5%	11.3%	10.0%	8.9%	9.5%	11.1%	11.9%	12.4%	10.0%	9.5%	5.4%	2.0%	14.3%
Net margin	8.5%	9.4%	12.3%	12.7%	12.2%	8.2%	(44.6%)	(30.8%)	6.5%	(4.9%)	(6.1%)	5.8%	11.2%	14.9%	13.2%	13.7%	16.0%	13.8%	20.0%	22.2%	19.3%	15.4%	10.7%	2.7%	(17.0%)	3.7%	7.6%	4.4%	8.6%	12.2%	9.5%	8.5%	8.0%	5.0%	10.4%	13.3%	10.7%	9.0%	9.2%	6.4%	(44.2%)	5.7%

Analyst consensus

Buy66 analysts

Bearish · 4 · Hold · 6 · Bullish · 56

Earnings history

	EPS	Estimate
Q4 2024	$0.92	$0.90	Beat
Q1 2025	$0.72	$0.73	Miss
Q2 2025	$0.74	$0.72	Beat
Q3 2025	$0.69	$0.66	Beat
Q4 2025	$0.78	$0.74	Beat
Q1 2026	$0.52	$0.51	Beat
Q2 2026	$0.55	$0.51	Beat
Q3 2026	$0.64	$0.62	Beat

Peers

Company overview

IPO dateDec 31, 1981

CEOOlivier Le Peuch

Employees109,000

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUS

ExchangeNew York Stock Exchange

Websitewww.slb.com

SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.

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