SLB LIMITED/NV

SLB· NYSE· Oil & Gas Field Services, NEC

Market cap
–
P/FCF
–
EV/Sales
–
FCF margin
13.4%
ROIC, 5 yr avg
–
Revenue, 5 yr CAGR
+8.6%
We record prices for the companies we cover; SLB is not one of them yet.

Company statistics

From the 10-Ks, computed in code · point at a figure for its formula

Profile · FY2025

Market cap
–
Enterprise value
–
Diluted shares
1.44B
Revenue
$35.7B
Free cash flow
$4.8B
Owner earnings
$4.5B

Valuation · FY2025

P/E
–
P/FCF
–
P/Owner earnings
–
EV/Sales
–
EV/FCF
–
P/B
–

Margins · FY2025

Gross
–
Operating
–
Net
9.4%
Free cash flow
13.4%
Owner earnings
12.5%
Stock pay
0.9%

Returns

ROIC, FY2025
–
ROIC, 5 yr avg
–
ROE, FY2025
12.9%
ROE, 5 yr avg
17.4%

Growth (CAGR)

Revenue, 3 yr
8.3%
Revenue, 5 yr
8.6%
Revenue, 9 yr
2.8%
Diluted EPS, 3 yr
-0.6%
Diluted EPS, 5 yr
–
Diluted EPS, 9 yr
–
Free cash flow, 3 yr
31.6%
Free cash flow, 5 yr
21.3%
Free cash flow, 9 yr
1.5%

Financial health · FY2025

Cash and investments
–
Total debt
$9.7B
Net cash
–
Debt/Equity
0.4x
Debt/FCF
2.0x

Shareholder returns · FY2025

Dividend yield
–
Payout ratio
47.5%
Buyback yield
–
Shareholder yield
–
Share count, 5 yr
0.7%

Financials: ten years from the 10-Ks

Reported numbers open their filing · computed ones show the formula · ˢ split-adjusted

Revenue

$35.7B

+2.8% a year over 9 years

FY2016: Revenue $27.8BFY2017: Revenue $30.4BFY2018: Revenue $32.8BFY2019: Revenue $32.9BFY2020: Revenue $23.6BFY2021: Revenue $22.9BFY2022: Revenue $28.1BFY2023: Revenue $33.1BFY2024: Revenue $36.3BFY2025: Revenue $35.7B
FY2016FY2025

Margins

Operating–Net9.4%

FY2025

FY2016: Operating 11.8%, Net -6.1%FY2017: Operating 12.9%, Net -4.9%FY2018: Operating 12.8%, Net 6.5%FY2019: Operating 12.1%, Net -30.8%FY2020: Operating 10.2%, Net -44.6%FY2021: Operating 14.7%, Net 8.2%FY2022: Operating 17.8%, Net 12.2%FY2023: Operating 19.7%, Net 12.7%FY2024: Operating –, Net 12.3%FY2025: Operating –, Net 9.4%
FY2016FY2025

Free cash flow and owner earnings

Free cash flow$4.8BOwner earnings$4.5B

Free cash flow +1.5% a year

FY2016: Free cash flow $4.2B, Owner earnings $3.9BFY2017: Free cash flow $3.6B, Owner earnings $3.2BFY2018: Free cash flow $3.6B, Owner earnings $3.2BFY2019: Free cash flow $3.7B, Owner earnings $3.3BFY2020: Free cash flow $1.8B, Owner earnings $1.4BFY2021: Free cash flow $3.5B, Owner earnings $3.2BFY2022: Free cash flow $2.1B, Owner earnings $1.8BFY2023: Free cash flow $4.7B, Owner earnings $4.4BFY2024: Free cash flow $4.7B, Owner earnings $4.4BFY2025: Free cash flow $4.8B, Owner earnings $4.5B
FY2016FY2025

Diluted shares

1.44B

+5.9% over 9 years, net dilution

FY2016: Diluted shares 1.36BFY2017: Diluted shares 1.39BFY2018: Diluted shares 1.39BFY2019: Diluted shares 1.39BFY2020: Diluted shares 1.39BFY2021: Diluted shares 1.43BFY2022: Diluted shares 1.44BFY2023: Diluted shares 1.44BFY2024: Diluted shares 1.44BFY2025: Diluted shares 1.44B
FY2016FY2025

Every figure, year by year

Fiscal yearFY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
The business
Revenue$27.8B$30.4B$32.8B$32.9B$23.6B$22.9B$28.1B$33.1B$36.3B$35.7B
Revenue growth-21.6%9.5%7.8%0.3%-28.3%-2.8%22.5%18.0%9.5%-1.6%
Gross margin––––––––––
Operating margin11.8%12.9%12.8%12.1%10.2%14.7%17.8%19.7%––
Net income-$1.7B-$1.5B$2.1B-$10.1B-$10.5B$1.9B$3.4B$4.2B$4.5B$3.4B
Net margin-6.1%-4.9%6.5%-30.8%-44.6%8.2%12.2%12.7%12.3%9.4%
Diluted EPS$-1.24$-1.08$1.53$-7.32$-7.57$1.32$2.39$2.91$3.11$2.35
Return on invested capital?––––––––––
Cash
Operating cash flow$6.3B$5.7B$5.7B$5.4B$2.9B$4.7B$3.7B$6.6B$6.6B$6.5B
Capital expenditure$2.1B$2.1B$2.2B$1.7B$1.1B$1.1B$1.6B$1.9B$1.9B$1.7B
Free cash flow$4.2B$3.6B$3.6B$3.7B$1.8B$3.5B$2.1B$4.7B$4.7B$4.8B
Stock-based compensation$267.0M$343.0M$345.0M$405.0M$397.0M$324.0M$313.0M$293.0M$316.0M$332.0M
Owner earnings?$3.9B$3.2B$3.2B$3.3B$1.4B$3.2B$1.8B$4.4B$4.4B$4.5B
Free cash flow per share$3.10$2.56$2.55$2.68$1.32$2.46$1.46$3.26$3.25$3.34
Capital allocation
Dividends paid$2.6B$2.8B$2.8B$2.8B$1.7B$699.0M$848.0M$1.3B$1.5B$1.6B
Share repurchases––––––––––
Diluted shares1.36B1.39B1.39B1.39B1.39B1.43B1.44B1.44B1.44B1.44B
Share count change?6.4%2.3%0.4%-0.6%0.4%2.7%0.7%0.4%-0.5%0.1%
Balance sheet
Cash and equivalents––––––––––
Short-term investments$6.3B$3.3B$1.3B$1.0B$2.2B$1.4B$1.2B$1.1B$1.1B$1.2B
Total debt$19.6B$14.9B$14.6B$14.8B$16.0B$13.3B$10.6B$10.8B$11.0B$9.7B
Net debt––––––––––
Shareholders' equity$41.1B$36.8B$36.2B$23.8B$12.1B$15.0B$17.7B$20.2B$21.1B$26.1B

Latest filings

All on EDGAR
2026-10-2810-QQuarterly report
2026-10-238-KEarnings release
2026-07-2910-QQuarterly report
2026-07-248-KEarnings release
2026-04-2910-QQuarterly report
2026-04-248-KEarnings release
2026-02-26DEF 14AProxy statement
2026-01-2310-KAnnual report
2026-01-238-KEarnings release
2025-10-2210-QQuarterly report

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