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%
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

SLB Limited (SLB) Gross margin

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SLB Limited's gross margin over the twelve months to 30 June 2026 was 16.5%, down 1.7 percentage points from fiscal 2025 (18.2%). Over the past ten years it has ranged from 11.0% (fiscal 2020) to 20.6% (fiscal 2024); the current reading is higher than 64% of that period. That is below the Oil & Gas Equipment & Services industry median of 23.3% and below the Energy sector median of 49.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 18.2% (2.34)
FY2024 20.6% 0.75
FY2023 19.8% 1.44
FY2022 18.4% 2.42
FY2021 16.0% 4.93
FY2020 11.0% (1.73)
FY2019 12.8% (0.47)
FY2018 13.2% 0.42
FY2017 12.8% 0.57
FY2016 12.2% (7.94)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 15.6% 0.29
Mar 2026 15.3% (2.50)
Dec 2025 17.8% 0.31
Sep 2025 17.5% (1.41)
42 more quarters

Against its own ten years

Low 11.0% High 20.6%
Ten-year median 16.0%
Current reading's percentile 60

Gross margin against peers

Company Gross margin
LB LandBridge Company LLC compare 98.8%
SEI Solaris Energy Infrastructure, Inc. compare 49.9%
TS Tenaris S.A. compare 33.9%
WFRD Weatherford International PLC compare 30.5%
BKR Baker Hughes Company compare 23.6%
FTI TechnipFMC plc compare 23.0%
NOV NOV Inc. compare 20.5%
SLB SLB Limited 16.5%
HAL Halliburton Company compare 15.1%
Oil & Gas Equipment & Services industry median 23.3%
Energy sector median 49.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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