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SLB Ltd SLB

US equityMarket cap rank #218Oil & Gas Equipment & Services
$51.81
−$0.07 (-0.13%)
Market open · Sep 24, 2:00 pm ET
After hours $51.77 -0.19%
Open$52.20
Prev close$51.87
Day range$51.60 – $52.60
Volume5.46M
Market cap$76.89B
P/E (TTM)25.3
Dividend yield2.24%

Fundamentals

Latest reported quarter: Q2, ended Jun 2026

Revenue$8.97B+5.0% YoY
Operating profit$1.14B-15.2% YoY
Net profit$815.00M-22.2% YoY
Diluted EPS$0.52-29.7% YoY
Free cash flow$964.00M+17.3% YoY
Operating cash flow$1.36B

Revenue, last 8 quarters

$9.2BSep '24$9.3BDec '24$8.5BMar '25$8.5BJun '25$8.9BSep '25$9.7BDec '25$8.7BMar '26$9.0BJun '26

Net profit, last 8 quarters

$1.2BSep '24$1.1BDec '24$829.0MMar '25$1.0BJun '25$774.0MSep '25$800.0MDec '25$761.0MMar '26$815.0MJun '26

Diluted EPS by quarter

0.83Sep '240.77Dec '240.58Mar '250.74Jun '250.50Sep '250.55Dec '250.50Mar '260.52Jun '26

Free cash flow by quarter

$1.8BSep '24$1.7BDec '24$211.0MMar '25$822.0MJun '25$1.1BSep '25$2.4BDec '25$80.0MMar '26$964.0MJun '26

Annual revenue

$23.6BFY20$22.9BFY21$28.1BFY22$33.1BFY23$36.3BFY24$35.7BFY25

Profitability & balance sheet

Gross margin16.5%
Operating margin13.7%
Net margin8.5%
Return on equity13.4%
Return on assets5.9%
Return on invested capital9.4%
Current ratio1.44
Liabilities / assets50.9%
Cash & investments$4.07B
Total debt$12.80B
Net cash (debt)-$8.73B
Free cash flow / sales12.5%

Where the revenue comes from

Quarter 2026/Q2

By business line

  • Production Systems$3.77B 40.7%
  • Well Construction$2.74B 29.6%
  • Reservoir Performance$1.56B 16.8%
  • Digital$697.00M 7.5%
  • All other$505.00M 5.4%

Income statement

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Revenue as Reported $8.97B $8.72B $35.71B $9.75B $8.93B
Total Operating Revenue $8.97B $8.72B $35.71B $9.75B $8.93B
Cost of Revenue $7.58B $7.39B $29.20B $8.02B $7.37B
Gross Profit $1.40B $1.33B $6.51B $1.73B $1.56B
Operating Expense $255.00M $261.00M $1.05B $271.00M $242.00M
Selling and Admin Expenses $84.00M $97.00M $340.00M $84.00M $72.00M
-General & Admin Expense $84.00M $97.00M $340.00M $84.00M $72.00M
Research & Development $171.00M $164.00M $709.00M $187.00M $170.00M
Operating Profit $1.14B $1.07B $5.46B $1.46B $1.32B
Net Non-Operating Interest Income (Expense) -$100.00M -$91.00M -$422.00M -$94.00M -$105.00M
Non-Operating Interest Income $28.00M $25.00M $136.00M $32.00M $37.00M
Non-Operating Interest Expense $128.00M $116.00M $558.00M $126.00M $142.00M
Other Income (Expense) -$21.00M -$23.00M -$745.00M -$421.00M -$211.00M
Earnings from Equity Interest $48.00M $18.00M $196.00M $41.00M $41.00M
Special Income (Charges) -$69.00M -$41.00M -$941.00M -$462.00M -$252.00M
-Less:Restructuring and Mergern & Acquisition $69.00M $41.00M $759.00M $131.00M $252.00M
-Gain on Sale Of Business $0.00 – $149.00M $0.00 $0.00
Pretax Profit $1.02B $956.00M $4.29B $943.00M $1.00B
Tax $204.00M $195.00M $840.00M $143.00M $226.00M
Net Profit $815.00M $761.00M $3.45B $800.00M $774.00M
Profit from Continuing Operations $815.00M $761.00M $3.45B $800.00M $774.00M
Minority Interests $29.00M $9.00M $77.00M -$24.00M $35.00M
Net Income to Parent Company $786.00M $752.00M $3.37B $824.00M $739.00M
Net Income to Common Stockholders $786.00M $752.00M $3.37B $824.00M $739.00M
Basic EPS $0.53 $0.50 $2.38 $0.55 $0.50
Diluted EPS $0.52 $0.50 $2.35 $0.55 $0.50
Dividend Per Share $0.30 $0.30 $1.14 $0.29 $0.29
-Less:Write Off – – $331.00M – –

Balance sheet

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Total Assets $55.53B $54.53B $54.87B $54.87B $55.09B
Total Current Assets $20.24B $19.34B $19.51B $19.51B $19.47B
Cash and Cash Equivalents & Short-Term Investments $4.07B $3.39B $4.21B $4.21B $3.59B
-Cash and Cash Equivalents $2.74B $2.82B $3.04B $3.04B $3.01B
-Short Term Investments $1.33B $568.00M $1.18B $1.18B $571.00M
Receivables $9.13B $9.04B $8.69B $8.69B $9.10B
-Accounts Receivable $9.13B $9.04B $8.69B $8.69B $9.10B
Inventory $5.44B $5.27B $5.03B $5.03B $5.32B
Other Current Assets $1.61B $1.64B $1.58B $1.58B $1.46B
Total Non-Current Assets $35.29B $35.19B $35.36B $35.36B $35.63B
Net PPE $7.75B $7.75B $9.06B $9.06B $8.00B
-Gross PPE $32.11B $31.82B $33.21B $33.21B $31.83B
-Accumulated Depreciation -$24.36B -$24.07B -$24.15B -$24.15B -$23.83B
Investments and Advances $1.69B $1.78B $3.58B $3.58B $1.69B
-Long Term Equity Investment $1.69B $1.78B $1.78B $1.78B $1.69B
Goodwill and Other Intangible Assets $21.88B $21.75B $21.78B $21.78B $22.10B
-Goodwill $17.00B $16.85B $16.79B $16.79B $17.01B
-Other Intangible Assets $4.88B $4.90B $4.99B $4.99B $5.09B
Other Non-Current Assets $3.98B $3.91B $407.00M $407.00M $3.84B
Total Liabilities $28.28B $27.17B $27.58B $27.58B $28.17B
Total Current Liabilities $14.07B $14.41B $14.72B $14.72B $14.04B
Payables $12.41B $12.48B $8.98B $8.98B $12.11B
-Accounts Payable $11.21B $11.14B $4.86B $4.86B $10.86B
-Total Tax Payable $742.00M $878.00M $894.00M $894.00M $814.00M
-Dividends Payable $456.00M $457.00M $443.00M $443.00M $443.00M
Short-Term Debt and Capital Lease Obligation $1.66B $1.94B $1.89B $1.89B $1.92B
-Current Debt $1.66B $1.94B $1.89B $1.89B $1.92B
Total Non-Current Liabilities $14.21B $12.76B $12.86B $12.86B $14.13B
Long Term Debt and Capital Lease Obligation $11.14B $9.67B $9.74B $9.74B $10.84B
-Long Term Debt $11.14B $9.67B $9.74B $9.74B $10.84B
Non-Current Deferred Liabilities $669.00M $704.00M $644.00M $644.00M $827.00M
Employee Benefits $475.00M $474.00M $479.00M $479.00M $502.00M
Other Non-Current Liabilities $1.93B $1.91B $1.99B $1.99B $1.96B
Total Equity $27.25B $27.35B $27.29B $27.29B $26.92B
Stockholders' Equity $26.07B $26.18B $26.11B $26.11B $25.64B
Capital Stock $16.26B $16.20B $16.35B $16.35B $16.34B
-Common Stock $16.26B $16.20B $16.35B $16.35B $16.34B
Retained Earnings $18.71B $18.37B $18.07B $18.07B $17.75B
Less: Treasury Stock $4.25B $3.65B $3.58B $3.58B $3.64B
Gains/Losses Not Affecting Retained Earnings -$4.64B -$4.74B -$4.74B -$4.74B -$4.81B
Minority Interests $1.18B $1.18B $1.18B $1.18B $1.29B
Defined Pension Benefit – – $530.00M $530.00M –
-Other Payable – – $2.78B $2.78B –
Current Accrued Expenses – – $1.59B $1.59B –
Current Deferred Liabilities – – $2.26B $2.26B –

Cash flow

Line item 2026 Q2 2026 Q1 2025 ANNUAL 2025 Q4 2025 Q3
Operating Cash Flow $1.36B $487.00M $6.49B $3.01B $1.68B
Net cash flow from continuing operations $1.36B $487.00M $6.49B $3.01B $1.68B
Net Income from Continuing Operations $815.00M $761.00M $3.45B $800.00M $774.00M
Gain/Loss from Continuing Operations -$24.00M $3.00M -$208.00M $0.00 -$161.00M
Depreciation & Depletion & Amortization $712.00M $685.00M $2.11B $198.00M $638.00M
Deferred Tax -$58.00M $53.00M -$279.00M -$190.00M -$29.00M
Other Non-Cash Items $49.00M $9.00M $262.00M $149.00M $219.00M
Change in Working Capital -$213.00M -$1.13B -$44.00M $1.23B $100.00M
-Change in Receivables $31.00M -$338.00M -$75.00M $453.00M -$48.00M
-Change in Inventory -$138.00M -$224.00M -$72.00M $177.00M $39.00M
-Change in Payables and Accrued Expense -$160.00M -$485.00M $77.00M $660.00M $136.00M
-Change in Other Current Assets $28.00M -$52.00M -$12.00M -$60.00M $6.00M
-Change in Other Current Liabilities $26.00M -$26.00M $38.00M -$2.00M -$33.00M
Net cash flow from investing -$1.56B $33.00M -$1.41B -$1.27B $44.00M
Net Cash Flow from Continuing Investing Activities -$1.56B $33.00M -$1.41B -$1.27B $44.00M
Capital Expenditure -$395.00M -$407.00M -$1.95B -$600.00M -$577.00M
Net Business Purchase and Sale -$179.00M -$57.00M $916.00M -$43.00M $1.01B
Net Investment Purchase and Sale -$881.00M $497.00M -$491.00M -$728.00M -$486.00M
Financing Cash Flow $128.00M -$734.00M -$5.64B -$1.72B -$1.93B
Net Cash Flow from Continuing Financing Activities $128.00M -$734.00M -$5.64B -$1.72B -$1.93B
Net Issuance Payments Of Debt $1.22B $47.00M -$1.62B -$1.18B -$1.49B
Net Common Stock Issuance -$648.00M -$451.00M -$2.41B $0.00 -$114.00M
Cash Dividends Paid -$440.00M -$426.00M -$1.60B -$426.00M -$403.00M
Proceeds from Stock Option Exercised $33.00M $178.00M $229.00M -$1.00M $117.00M
Net Other Financing Charges -$36.00M -$82.00M -$239.00M -$113.00M -$44.00M
Ending Cash Balance $2.74B $2.82B $3.04B $3.04B $3.01B
Net Change in Cash -$68.00M -$214.00M -$565.00M $14.00M -$206.00M
Beginning Cash Balance $2.82B $3.04B $3.54B $3.01B $3.24B
Effect of Exchange Rate Changes -$8.00M -$3.00M $57.00M $8.00M -$16.00M
Free Cash Flow $964.00M $80.00M $4.54B $2.41B $1.11B
Net Other Investing Changes – – $109.00M $101.00M $101.00M
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