Saturday 17 October 2026 Export SLB’s income statement to Excel — free account

SLB Limited

SLB Energy Oil & Gas Equipment & Services

SLB Limited’s revenue for fiscal 2025 (year ended December 2025) was $35.7 billion, down 1.60% from fiscal 2024. In the quarter to June 2026, revenue grew 4.98%, EPS fell 28.4%, free cash flow grew 13.5% and total debt rose 2.29%, each against the same quarter a year earlier. Member of the S&P 500; dividend growth for five consecutive years.

49.44 1.07 +2.21%

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Market cap: $71.8B
P/E: 23.8×
Fwd P/E: 21.0×
Dividend yield: 2.37%
F-score: 5/9
Altman Z: 2.69
Beneish M: −2.52
Dividend safety: 73/100

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios Filings 10-Q 10-K

Share dilution Jul 29, 2026 Impairment Jan 23, 2026

All filings →

Insider Decisions trades per month

Total sells 25.63

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	—	—	—	—	—	—	—	—
Sell	3	—	6	1	2	1	3	—	—	3	1	—

Insider Ownership 0.67%

Capital & Financial Ratios $m

Market Cap 71,790.00

Revenue 36,365.00

Net Income 3,150.00

Free Cash Flow 4,512.00

Net Debt 7,069.00

Current Ratio 1.44

Debt/Equity 0.41

P/E ratio 23.77

Fwd P/E 21.00

P/S ratio 2.03

P/B ratio 2.70

Past 5Y EPS Growth —

This Y EPS Growth (16.22%)

Next Y EPS Growth 29.85%

Next Y revenue growth 3.46%

Next 5Y EPS Growth 8.80%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/E against its own 10 years 55.65%

10-year low 10-year high

P/S against its own 10 years 45.78%

10-year low 10-year high

P/B against its own 10 years 57.43%

10-year low 10-year high

EV/Sales against its own 10 years 37.49%

10-year low 10-year high

EV/FCF against its own 10 years 33.69%

10-year low 10-year high

Dividends

Payout Ratio 0.57

Annual Dividend Rate 1.17

Annual Dividend Yield 2.37%

	total	individual payouts
2028	Powerpack
2027	Powerpack
2026	1.17	0.30 0.30 0.30
2025	1.14	0.29 0.29 0.29 0.29
2024	1.10	0.28 0.28 0.28 0.28
2023	1.25	0.25 0.25 0.25 0.25 0.25
2022	0.65	0.13 0.18 0.18 0.18
2021	0.50	0.13 0.13 0.13 0.13
2020	0.88	0.50 0.13 0.13 0.13
2019	2.00	0.50 0.50 0.50 0.50
2018	2.00	0.50 0.50 0.50 0.50
2017	2.00	0.50 0.50 0.50 0.50
2016	2.00	0.50 0.50 0.50 0.50

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	3,989	4,669	4,212	4,071
Receivables	7,812	8,011	8,689	9,132
Inventory	4,387	4,375	5,032	5,436
Other	1,530	1,515	1,580	1,605
	17,718	18,570	19,513	20,244

	2023	2024	2025	Q'26
Payables	10,904	10,375	11,490	11,210
ST’ Debt	—	—	—	—
Other	—	—	—	—
	13,395	12,811	14,721	14,066

Compound Annual Growth %

	10y	5y	3y
Sales	0.07%	8.63%	8.33%
Cash Flow	(3.01%)	17.12%	20.38%
Earnings	5.00%	0.00%	(0.65%)
Book Value	(2.71%)	16.92%	14.90%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	8,721	8,972	—	—	—
’25	8,490	8,546	8,928	9,744	35,708
’24	8,707	9,139	9,159	9,284	36,289
’23	7,736	8,099	8,310	8,990	33,135
’22	5,962	6,773	7,477	7,879	28,091
’21	5,223	5,634	5,847	6,225	22,929
’20	7,455	5,356	5,258	5,532	23,601

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	487	1,359	—	—	—
’25	660	1,142	1,682	3,005	6,489
’24	327	1,436	2,449	2,390	6,602
’23	330	1,608	1,677	3,022	6,637
’22	131	408	1,567	1,614	3,720
’21	429	1,220	1,070	1,932	4,651
’20	784	803	479	878	2,944

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	80	839	—	—	—
’25	211	739	1,188	2,405	4,543
’24	(101)	911	1,939	1,724	4,473
’23	(132)	1,106	1,175	2,396	4,545
’22	(213)	104	1,172	1,022	2,125
’21	244	960	788	1,467	3,471
’20	342	526	254	605	1,727

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.50	0.52	—	—	—
’25	0.58	0.74	0.50	0.55	2.35
’24	0.74	0.77	0.83	0.77	3.11
’23	0.65	0.72	0.78	0.77	2.91
’22	0.36	0.67	0.63	0.74	2.39
’21	0.21	0.30	0.39	0.42	1.32
’20	(5.32)	(2.47)	(0.06)	0.27	(7.57)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	59.60	61.02	34.99	30.65	11.87	21.23	29.98	42.73	36.52	31.11	Analyst estimates 2026–2028 Powerpack
	High	87.00	87.84	80.35	48.88	41.14	36.87	56.04	62.12	55.69	44.66
People
People	Employees	100,000	100,000	100,000	105,000	86,000	92,000	99,000	111,000	110,000	109,000
	Revenue/emp, $m	0.28	0.30	0.33	0.31	0.27	0.25	0.28	0.30	0.33	0.33
Income, $m
Income, $m	Revenue	27,810	30,440	32,815	32,917	23,601	22,929	28,091	33,135	36,289	35,708
	Gross margin, %	12.23	12.80	13.22	12.75	11.02	15.95	18.37	19.81	20.56	18.22
	EBT	(1,905)	(1,183)	2,624	(10,418)	(11,298)	2,374	4,271	5,282	5,672	4,291
	EBT margin, %	(6.85)	(3.89)	8.00	(31.65)	(47.87)	10.35	15.20	15.94	15.63	12.02
	Net income	(1,627)	(1,513)	2,177	(10,107)	(10,486)	1,928	3,492	4,275	4,579	3,451
	Depreciation	4,094	3,837	3,556	3,589	2,566	2,120	2,147	2,323	2,562	2,809
Per share, $
Per share, $	Revenue	20.49	21.93	23.69	23.77	16.98	16.38	19.84	23.25	25.54	25.13
	Earnings	(1.24)	(1.08)	1.53	(7.32)	(7.57)	1.34	2.43	2.95	3.14	2.35
	Cash flow	4.61	4.08	4.12	3.92	2.12	3.32	2.63	4.66	4.65	4.57
	Capex	(1.98)	(1.72)	(1.63)	(1.41)	(0.88)	(0.84)	(1.13)	(1.47)	(1.50)	(1.37)
	Free cash flow	2.64	2.36	2.49	2.51	1.24	2.48	1.50	3.19	3.15	3.20
	Book value	30.60	26.85	26.42	17.46	8.98	10.92	12.70	14.99	15.73	19.21
	Shares, m	1,357	1,388	1,385	1,385	1,390	1,400	1,416	1,425	1,421	1,421
Valuation, ×
Valuation, ×	P/E	0.00	0.00	23.43	0.00	0.00	22.52	21.28	17.68	12.25	16.19
	P/S	4.14	3.17	1.52	1.69	1.29	1.83	2.60	2.24	1.50	1.53
	P/B	2.77	2.59	1.37	2.30	2.43	2.74	4.05	3.47	2.44	2.00
	EV/Sales	4.46	3.55	1.94	2.13	1.91	2.35	2.93	2.50	1.73	1.73
	EV/FCF	34.69	32.95	18.43	20.16	26.15	15.57	39.87	18.20	14.00	13.62
Cash, $m
Cash, $m	Operating cash flow	6,261	5,663	5,713	5,431	2,944	4,651	3,720	6,637	6,602	6,489
	Capex	(2,685)	(2,383)	(2,260)	(1,955)	(1,217)	(1,180)	(1,595)	(2,092)	(2,129)	(1,946)
	Free cash flow	3,576	3,280	3,453	3,476	1,727	3,471	2,125	4,545	4,473	4,543
Balance, $m
Balance, $m	Working capital	8,868	3,215	2,245	2,432	2,428	2,295	2,985	4,323	5,759	4,792
	Total debt	16,463	14,875	14,644	14,770	16,036	13,286	10,594	10,842	11,023	9,742
	Net debt	7,206	9,786	11,867	12,603	13,030	10,147	7,700	6,853	6,354	5,530
	Shareholders’ equity	41,529	37,261	36,586	24,176	12,489	15,286	17,989	21,359	22,350	27,291
Returns, %
Returns, %	ROA	(2.31)	(2.01)	3.00	(15.99)	(21.30)	4.48	8.13	9.23	9.21	6.50
	ROIC	2.10	3.15	4.39	5.53	4.06	6.79	10.10	12.06	12.99	8.95
	ROE	(4.36)	(3.82)	5.79	(33.37)	(57.37)	13.54	20.68	21.36	20.41	13.59

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SLB SLB Limited	$71.8B	23.8×	21.0×	+4.98% (above 0%: growing)	−28.38% (below 0%: shrinking)	+13.53% (above 0%: growing)	15.55%	11.94%
BKR Baker Hughes Company	$54.0B	17.7×	23.2×	−2.43% (below 0%: shrinking)	−2.82% (below 0%: shrinking)	+365.97% (above 0%: growing)	23.39%	14.21%	Compare
TS Tenaris S.A.	$30.7B	15.9×	—	−3.86% (below 0%: shrinking)	−4.04% (below 0%: shrinking)	−33.29% (below 0%: shrinking)	33.19%	16.65%	Compare
HAL Halliburton Company	$27.4B	17.5×	16.7×	+3.70% (above 0%: growing)	+16.36% (above 0%: growing)	+14.78% (above 0%: growing)	14.07%	13.62%	Compare
FTI TechnipFMC plc	$26.8B	23.7×	22.8×	+9.01% (above 0%: growing)	+41.54% (above 0%: growing)	+87.22% (above 0%: growing)	24.78%	17.54%	Compare
NOV NOV Inc.	$6.6B	72.8×	25.5×	−2.47% (below 0%: shrinking)	+6.90% (above 0%: growing)	−116.81% (below 0%: shrinking)	24.41%	9.04%	Compare
LB LandBridge Company LLC	$6.3B	60.9×	47.5×	+40.62% (above 0%: growing)	+43.33% (above 0%: growing)	+11.25% (above 0%: growing)	98.30%	66.07%	Compare
WFRD Weatherford International PLC	$5.5B	14.9×	16.5×	−8.22% (below 0%: shrinking)	−70.59% (below 0%: shrinking)	+77.50% (above 0%: growing)	30.14%	9.68%	Compare
SEI Solaris Energy Infrastructure, Inc.	$5.2B	61.5×	55.4×	+46.92% (above 0%: growing)	+13.33% (above 0%: growing)	−89.73% (below 0%: shrinking)	57.55%	25.76%	Compare
Median of peers	$16.7B	20.7×	23.2×	+0.64%	+10.12%	+13.02%	27.46%	15.43%

All 46 Oil & Gas Equipment & Services stocks →

SLB Limited (SLB) key facts

Concern: SLB Limited’s revenue for fiscal 2025 (year ended December 2025) was $35.7 billion, down 1.60% from fiscal 2024.
Concern: Net income was $3.5 billion, or $2.35 per share (basic), a net margin of 9.45%.
SLB Limited (SLB) is an Oil & Gas Equipment & Services company in the Energy sector, listed on the New York Stock Exchange.
As of October 16, 2026, SLB traded at $49.44, a market capitalization of $71.8 billion.
At that price the stock trades at 23.8× trailing-twelve-month earnings and 2.0× sales; its P/E is higher than 56% of its own readings over the past ten years.
SLB Limited pays an annual dividend of $1.17 per share, a yield of 2.37%, with a payout ratio of 56.5%.
Return on equity was 13.6% and debt-to-equity 0.41.
Its Piotroski F-score is 5 out of 9 and its Altman Z-score is 2.69 (grey zone) for fiscal 2025.