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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%
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 Impairment
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 (at or below 0.5: strong)
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%) (below 0%: weak)
Next Y EPS Growth 29.85% (at or above 15%: strong)
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
EV/Sales is 2.3×, against a ten-year median of 2.5×; over the ten years it ranged from 1.0× in 2020 to 4.4× in 2016.
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.

Target Price Range

Analyst price targets

Recommendation Rating

1.6
1Buy 2 3Hold 4 5Sell

Ten years at a glance Fiscal years to December

Group Line 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Trend 2026e 2027e 2028e
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

SLB Limited vs peers in Oil & Gas Equipment & Services (Q) = latest quarter vs a year earlier

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 metrics, ten years each

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.

Source: company filings (standardised) and stockrow calculations.

SLB Limited (SLB) Latest News

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stockrow.com/SLB · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com