SLBNYSEOil & Gas Field Services, NECFiscal year ends December 31
SLB LIMITED/NV
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 29, 2026
$49.09−0.41 (-0.83%)
Close on Oct 19, 2026
- Market cap
- $73.93B
- P/E (TTM)
- 23.7
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
–
Operating margin
–
Net margin
9.4%+54.0 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -1.6% | +8.3% | +8.6% | +0.1% | |
| Net income | -24.4% | -0.7% | – | +5.0% | |
| EPS, diluted | -24.4% | -0.6% | – | +3.7% | |
| Free cash flow | +2.7% | +31.6% | +21.3% | -2.8% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -4.4% | -58.7% | 14.3% | |
| Return on assets | -2.3% | -21.3% | 6.5% | |
| Current ratio | 1.59 | 1.23 | 1.33 | |
| Debt to equity | 0.48 | 1.33 | 0.37 | |
| Net debt to EBITDA | 2.27× | 3.06× | – | |
| Interest coverage | 5.7× | 4.3× | – | |
| Inventory turnover | 1.8× | – | – | |
| Capex to revenue | 7.4% | 4.7% | 4.7% | |
| Diluted shares | 1.36B | 1.39B | 1.44B |
Where the cash went
Fiscal 2021 to 2025, five years combined
Slb Limited generated $28.10B from operations and spent $19.17B on capital expenditure, dividends and share buybacks. 43% of that went back into the business.
Generated
$28.10B
Used
$19.17B
Capital expenditure$8.32B43%Dividends$6.00B31%Share buybacks$4.85B25%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin9.4%
×Asset turnover0.69×
×Equity multiplier2.20×
=Return on equity, FY202514.3%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 9.4% | 0.69× | 2.20× | 14.3% |
| FY2024 | 12.3% | 0.75× | 2.34× | 21.6% |
| FY2023 | 12.7% | 0.73× | 2.41× | 22.2% |
| FY2022 | 12.2% | 0.66× | 2.59× | 21.1% |
| FY2021 | 8.2% | 0.55× | 3.10× | 13.9% |
| FY2020 | -44.6% | 0.48× | 2.76× | -58.7% |
| FY2019 | -30.8% | 0.52× | 2.12× | -33.8% |
| FY2018 | 6.5% | 0.46× | 1.95× | 5.9% |
| FY2017 | -4.9% | 0.41× | 1.92× | -3.9% |
| FY2016 | -6.1% | 0.38× | 1.90× | -4.4% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
4of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$3.37B
- Cash generatingOperating cash flow above zero$6.49B
- Return on assets improvedROA up on the prior year9.3% → 6.9%
- Earnings backed by cashOperating cash flow above net income$6.49B vs $3.37B
- Less leverageLong-term debt to assets fell22.5% → 17.8%
- Better liquidityCurrent ratio rose1.45 → 1.33
- No dilutionShare count did not rise1.44B → 1.44B
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.76 → 0.73