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.

Revenue
+5.84%
EPS
0.00%
Free cash flow
−20.7%
Total debt
+2.80%

Quarter to September 2026, against a year earlier

49.94 1.62 −3.14%
Market cap
$73.3B
P/E
24.0×
Fwd P/E
23.3×
Dividend yield
2.34%
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 September 2026 was 16.3%, down 1.9 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 22.9% and below the Energy sector median of 42.1%.

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)
Sep 2026 16.6% 1.02
Jun 2026 15.6% 0.29
Mar 2026 15.3% (2.50)
Dec 2025 17.8% 0.31
43 more quarters

Against its own ten years

Low 11.0% High 20.6%
Ten-year median 16.0%
Current reading's percentile 53

Gross margin against peers

Company Gross margin
AROC Archrock, Inc. compare 67.5%
TS Tenaris S.A. compare 33.9%
WHD Cactus, Inc. compare 33.5%
WFRD Weatherford International PLC compare 30.8%
FTI TechnipFMC plc compare 23.6%
BKR Baker Hughes Company compare 23.5%
NOV NOV Inc. compare 20.7%
SLB SLB Limited 16.3%
HAL Halliburton Company compare 14.9%
Oil & Gas Equipment & Services industry median 22.9%
Energy sector median 42.1%
Market median 45.1%

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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