SLB N.V. (SLB) 10-Year Financial Performance & Capital Metrics

SLB • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Systems & Equipment

AboutSLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products. It also offers subsurface geology and fluids evaluation information; stimulation services to restore or enhance well productivity through hydraulic fracturing, matrix stimulation, and water treatment; and intervention services to oil and gas operators. In addition, the company offers mud logging, directional drilling, measurement-while-drilling, and logging-while-drilling services, as well as engineering support services; supplies drilling fluid systems; designs, manufactures, and markets roller cone and fixed cutter drill bits; bottom-hole-assembly and borehole enlargement technologies; well planning, well drilling, engineering, supervision, logistics, procurement, and contracting of third parties, as well as drilling rig management solutions; and drilling equipment and services, as well as land drilling rigs and related services. Further, it provides artificial lift; supplies packers, safety valves, sand control technology, and various intelligent systems; midstream production systems; valves, chokes, actuators, and surface trees; and OneSubsea, an integrated solutions, products, systems, and services, including wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services. The company was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. SLB N.V. was founded in 1926 and is based in Houston, Texas.Show more

Revenue $36.29B +9.5%
EBITDA $8.21B +13.1%
Net Income $4.46B +6.1%
EPS (Diluted) 3.11 +6.9%
Gross Margin 20.56% +3.8%
EBITDA Margin 22.63% +3.3%
Operating Margin 17.43% +5.0%
Net Margin 12.29% -3.1%
ROE 20.41% -4.5%
ROIC 15.48% +10.7%
Debt/Equity 0.54 -3.6%
Interest Coverage 12.36 +13.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.8%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 2.3%
✓Trading near 52-week high

✗Weaknesses

✗Thin 5Y average net margin of 0.2%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-2.87%

5Y1.97%

3Y16.54%

TTM-2.08%

Profit (Net Income) CAGR

10Y-1.96%

5Y-

3Y33.36%

TTM-18.6%

EPS CAGR

10Y-2.87%

5Y-

3Y33.06%

TTM-16.72%

ROCE

10Y Avg8.46%

5Y Avg12.23%

3Y Avg15.99%

Latest17.9%

Peer Comparison

Drilling Systems & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BKRBaker Hughes Company	48.32B	48.97	16.43	9.11%	10.43%	15.77%	4.25%	0.35
SLBSLB N.V.	68.57B	45.90	14.76	9.52%	10.34%	13.54%	6.52%	0.54
WFRDWeatherford International plc	6.3B	87.78	13.00	7.36%	8.15%	25.85%	7.83%	1.39
HALHalliburton Company	27.45B	32.61	11.52	-0.32%	5.91%	12.78%	8.83%	0.83
NOVNOV Inc.	6.46B	17.72	11.08	3.42%	4.37%	5.88%	14.74%	0.37
FETForum Energy Technologies, Inc.	463.65M	40.75	-3.70	10.5%	-14.58%	-38.76%	18.13%	0.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	35.48B	27.81B	30.44B	32.81B	32.92B	23.6B	22.93B	28.09B	33.13B	36.29B
Revenue Growth %	-0.27%	-0.22%	0.09%	0.08%	0%	-0.28%	-0.03%	0.23%	0.18%	0.1%
Cost of Goods Sold+	28.32B	24.11B	26.54B	28.48B	28.72B	21B	19.27B	22.93B	26.57B	28.83B
COGS % of Revenue	0.8%	0.87%	0.87%	0.87%	0.87%	0.89%	0.84%	0.82%	0.8%	0.79%
Gross Profit+	7.15B	3.7B	3.9B	4.34B	4.2B	2.6B	3.66B	5.16B	6.56B	7.46B
Gross Margin %	0.2%	0.13%	0.13%	0.13%	0.13%	0.11%	0.16%	0.18%	0.2%	0.21%
Gross Profit Growth %	-0.36%	-0.48%	0.05%	0.11%	-0.03%	-0.38%	0.41%	0.41%	0.27%	0.14%
Operating Expenses+	1.59B	1.42B	1.22B	1.15B	1.19B	945M	893M	1.01B	1.07B	1.13B
OpEx % of Revenue	0.04%	0.05%	0.04%	0.03%	0.04%	0.04%	0.04%	0.04%	0.03%	0.03%
Selling, General & Admin	494M	403M	432M	444M	474M	365M	339M	376M	364M	385M
SG&A % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.01%
Research & Development	1.09B	1.01B	787M	702M	717M	580M	554M	634M	711M	749M
R&D % of Revenue	0.03%	0.04%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	5.57B	2.29B	2.68B	3.19B	-497M	1.66B	2.77B	4.15B	5.5B	6.33B
Operating Margin %	0.16%	0.08%	0.09%	0.1%	-0.02%	0.07%	0.12%	0.15%	0.17%	0.17%
Operating Income Growth %	-0.41%	-0.59%	0.17%	0.19%	-1.16%	4.33%	0.67%	0.5%	0.32%	0.15%
EBITDA+	9.64B	6.38B	6.51B	6.75B	3.09B	3.63B	4.47B	5.82B	7.26B	8.21B
EBITDA Margin %	0.27%	0.23%	0.21%	0.21%	0.09%	0.15%	0.19%	0.21%	0.22%	0.23%
EBITDA Growth %	-0.29%	-0.34%	0.02%	0.04%	-0.54%	0.17%	0.23%	0.3%	0.25%	0.13%
D&A (Non-Cash Add-back)	4.08B	4.09B	3.84B	3.56B	3.59B	1.97B	1.7B	1.67B	1.76B	1.89B
EBIT	3.23B	-1.33B	-617M	3.2B	-9.84B	-10.73B	2.91B	4.76B	5.79B	6.18B
Net Interest Income+	-294M	-460M	-438M	-515M	-568M	-530M	-506M	-391M	-403M	-338M
Interest Income	52M	110M	128M	60M	41M	33M	33M	99M	100M	174M
Interest Expense	346M	570M	566M	575M	609M	563M	539M	490M	503M	512M
Other Income/Expense	-2.69B	-3.89B	-3.86B	-567M	-9.92B	-12.95B	-391M	120M	-217M	-654M
Pretax Income+	2.88B	-1.91B	-1.18B	2.62B	-10.42B	-11.3B	2.37B	4.27B	5.28B	5.67B
Pretax Margin %	0.08%	-0.07%	-0.04%	0.08%	-0.32%	-0.48%	0.1%	0.15%	0.16%	0.16%
Income Tax+	746M	-278M	330M	447M	-311M	-812M	446M	779M	1.01B	1.09B
Effective Tax Rate %	0.72%	0.89%	1.27%	0.81%	0.97%	0.93%	0.79%	0.81%	0.8%	0.79%
Net Income+	2.07B	-1.69B	-1.5B	2.14B	-10.11B	-10.49B	1.88B	3.44B	4.2B	4.46B
Net Margin %	0.06%	-0.06%	-0.05%	0.07%	-0.31%	-0.44%	0.08%	0.12%	0.13%	0.12%
Net Income Growth %	-0.62%	-1.81%	0.11%	2.42%	-5.73%	-0.04%	1.18%	0.83%	0.22%	0.06%
Net Income (Continuing)	2.13B	-1.63B	-1.51B	2.18B	-10.11B	-10.49B	1.93B	3.49B	4.28B	4.58B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	272M	451M	419M	424M	416M	418M	282M	304M	1.17B	1.22B
EPS (Diluted)+	1.63	-1.24	-1.08	1.53	-7.30	-7.54	1.32	2.39	2.91	3.11
EPS Growth %	-0.61%	-1.76%	0.13%	2.42%	-5.77%	-0.03%	1.18%	0.81%	0.22%	0.07%
EPS (Basic)	1.65	-1.24	-1.08	1.54	-7.30	-7.54	1.34	2.43	2.95	3.14
Diluted Shares Outstanding	1.27B	1.36B	1.39B	1.39B	1.39B	1.39B	1.43B	1.44B	1.44B	1.44B
Basic Shares Outstanding	1.26B	1.36B	1.39B	1.39B	1.39B	1.39B	1.4B	1.42B	1.43B	1.42B
Dividend Payout Ratio	1.17%	-	-	1.3%	-	-	0.37%	0.25%	0.31%	0.34%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	26.91B	23.93B	18.5B	15.73B	15.53B	12.92B	12.65B	15B	17.72B	18.57B
Cash & Short-Term Investments	13.03B	9.26B	5.09B	2.78B	2.17B	3.01B	3.14B	2.89B	3.99B	4.67B
Cash Only	2.79B	2.93B	1.8B	1.43B	1.14B	844M	1.76B	1.66B	2.9B	3.54B
Short-Term Investments	10.24B	6.33B	3.29B	1.34B	1.03B	2.16B	1.38B	1.24B	1.09B	1.13B
Accounts Receivable	8.78B	9.39B	8.08B	7.88B	7.75B	5.25B	5.32B	6.77B	7.81B	8.01B
Days Sales Outstanding	90.34	123.2	96.93	87.66	85.9	81.15	84.61	87.91	86.05	80.58
Inventory	3.76B	4.22B	4.05B	4.01B	4.13B	3.35B	3.27B	4B	4.39B	4.38B
Days Inventory Outstanding	48.41	63.96	55.64	51.4	52.49	58.3	61.97	63.66	60.26	55.39
Other Current Assets	1.34B	1.06B	1.28B	1.06B	1.49B	1.31B	928M	1.34B	1.53B	1.51B
Total Non-Current Assets+	41.09B	54.03B	53.49B	54.78B	40.78B	29.52B	28.86B	28.13B	30.24B	30.36B
Property, Plant & Equipment	13.41B	12.82B	11.58B	11.68B	9.27B	7.85B	7.14B	7.29B	8.11B	8.26B
Fixed Asset Turnover	2.64x	2.17x	2.63x	2.81x	3.55x	3.01x	3.21x	3.86x	4.09x	4.39x
Goodwill	15.61B	24.99B	25.12B	24.93B	16.04B	12.98B	12.99B	12.98B	14.08B	14.59B
Intangible Assets	4.57B	9.86B	9.35B	8.73B	7.09B	3.46B	3.21B	2.99B	3.24B	3.01B
Long-Term Investments	418M	238M	1.52B	1.54B	1.56B	3.77B	3.83B	3.6B	3.73B	3.72B
Other Non-Current Assets	7.09B	6.13B	7.44B	9.44B	8.38B	1.45B	1.69B	1.27B	1.07B	785M
Total Assets+	68B	77.96B	71.99B	70.51B	56.31B	42.43B	41.51B	43.13B	47.96B	48.94B
Asset Turnover	0.52x	0.36x	0.42x	0.47x	0.58x	0.56x	0.55x	0.65x	0.69x	0.74x
Asset Growth %	0.02%	0.15%	-0.08%	-0.02%	-0.2%	-0.25%	-0.02%	0.04%	0.11%	0.02%
Total Current Liabilities+	14.12B	15.06B	15.28B	13.49B	13.1B	10.49B	10.36B	12.02B	13.39B	12.81B
Accounts Payable	3.24B	4B	4.61B	4.71B	4.79B	2.94B	3.21B	3.92B	4.61B	4.23B
Days Payables Outstanding	41.8	60.62	63.45	60.35	60.88	51.05	60.7	62.41	63.37	53.56
Short-Term Debt	4.56B	3.15B	3.32B	1.41B	524M	850M	909M	1.63B	1.12B	1.05B
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	1.91x	1.59x	1.21x	1.17x	1.19x	1.23x	1.22x	1.25x	1.32x	1.45x
Quick Ratio	1.64x	1.31x	0.95x	0.87x	0.87x	0.91x	0.91x	0.92x	1.00x	1.11x
Cash Conversion Cycle	96.95	126.55	89.12	78.7	77.51	88.4	85.88	89.16	82.95	82.41
Total Non-Current Liabilities+	17.98B	21.37B	19.44B	20.43B	19.04B	19.45B	15.87B	13.13B	13.2B	13.77B
Long-Term Debt	14.44B	16.46B	14.88B	14.64B	14.77B	16.04B	13.29B	10.59B	10.84B	11.02B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	1.07B	1.88B	1.65B	1.44B	491M	19M	94M	61M	140M	67M
Other Non-Current Liabilities	2.46B	3.02B	2.92B	4.35B	3.78B	3.4B	2.49B	2.47B	2.22B	2.68B
Total Liabilities	32.1B	36.43B	34.73B	33.92B	32.14B	29.95B	26.23B	25.15B	26.6B	26.59B
Total Debt+	19B	19.62B	18.2B	16.05B	15.29B	16.89B	14.2B	12.23B	11.96B	12.07B
Net Debt	16.21B	16.69B	16.4B	14.62B	14.16B	16.04B	12.44B	10.57B	9.06B	8.53B
Debt / Equity	0.53x	0.47x	0.49x	0.44x	0.63x	1.35x	0.93x	0.68x	0.56x	0.54x
Debt / EBITDA	1.97x	3.08x	2.79x	2.38x	4.95x	4.66x	3.18x	2.10x	1.65x	1.47x
Net Debt / EBITDA	1.68x	2.62x	2.52x	2.17x	4.58x	4.42x	2.78x	1.82x	1.25x	1.04x
Interest Coverage	16.09x	4.01x	4.73x	5.55x	-0.82x	2.94x	5.13x	8.47x	10.93x	12.36x
Total Equity+	35.91B	41.53B	37.26B	36.59B	24.18B	12.49B	15.29B	17.99B	21.36B	22.35B
Equity Growth %	-0.06%	0.16%	-0.1%	-0.02%	-0.34%	-0.48%	0.22%	0.18%	0.19%	0.05%
Book Value per Share	28.25	30.60	26.85	26.26	17.46	8.98	10.71	12.52	14.80	15.56
Total Shareholders' Equity	35.63B	41.08B	36.84B	36.16B	23.76B	12.07B	15B	17.68B	20.19B	21.13B
Common Stock	12.69B	12.8B	12.97B	13.13B	13.08B	12.97B	12.61B	11.84B	11.62B	11.46B
Retained Earnings	40.87B	36.47B	32.19B	31.66B	18.75B	7.02B	8.2B	10.72B	13.5B	16.39B
Treasury Stock	-13.37B	-3.55B	-4.05B	-4.01B	-3.63B	-3.03B	-2.23B	-1.02B	-678M	-1.77B
Accumulated OCI	-4.56B	-4.64B	-4.27B	-4.62B	-4.44B	-4.88B	-3.57B	-3.85B	-4.25B	-4.95B
Minority Interest	272M	451M	419M	424M	416M	418M	282M	304M	1.17B	1.22B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	8.57B	6.26B	5.66B	5.71B	5.43B	2.94B	4.65B	3.72B	6.64B	6.6B
Operating CF Margin %	0.24%	0.23%	0.19%	0.17%	0.16%	0.12%	0.2%	0.13%	0.2%	0.18%
Operating CF Growth %	-0.24%	-0.27%	-0.1%	0.01%	-0.05%	-0.46%	0.58%	-0.2%	0.78%	-0.01%
Net Income	2.13B	-1.63B	-1.51B	2.18B	-10.11B	-10.49B	1.93B	3.49B	4.28B	4.58B
Depreciation & Amortization	4.08B	4.09B	3.84B	3.56B	3.59B	2.57B	2.12B	2.15B	1.76B	1.89B
Stock-Based Compensation	326M	267M	343M	345M	405M	397M	324M	313M	293M	316M
Deferred Taxes	-63M	-60M	8M	-39M	-1.01B	-1.25B	-31M	-39M	28M	-41M
Other Non-Cash Items	2.37B	3.83B	3.67B	79M	12.88B	12.55B	-94M	-484M	498M	1.16B
Working Capital Changes	-276M	-246M	-683M	-405M	-327M	-839M	404M	-1.71B	-216M	-1.29B
Change in Receivables	1.59B	885M	180M	403M	50M	2.41B	-36M	-1.73B	-659M	-236M
Change in Inventory	625M	800M	108M	-10M	-314M	86M	75M	-737M	-254M	-101M
Change in Payables	-2.66B	-1.68B	-737M	-824M	-161M	-3.33B	160M	704M	724M	-994M
Cash from Investing+	-10.25B	-624M	-1.78B	-1.04B	-2.01B	-2.35B	-919M	-1.39B	-2.78B	-3.15B
Capital Expenditures	-2.9B	-2.69B	-2.38B	-2.26B	-1.96B	-1.22B	-1.18B	-1.72B	-2.09B	-2.13B
CapEx % of Revenue	0.08%	0.1%	0.08%	0.07%	0.06%	0.05%	0.05%	0.06%	0.06%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-3.01B	-54M	-217M	-29M	-155M	-1.31B	-58M	-232M	-108M	107M
Cash from Financing+	1.37B	-5.43B	-5.03B	-5.02B	-3.72B	-873M	-2.82B	-2.38B	-2.51B	-2.77B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.42B	-2.65B	-2.78B	-2.77B	-2.77B	-1.73B	-699M	-848M	-1.32B	-1.53B
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	184M	374M	326M	198M	168M	57M	22M	79M	81M	93M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	5.68B	3.58B	3.28B	3.45B	3.48B	1.73B	3.47B	2B	4.54B	4.47B
FCF Margin %	0.16%	0.13%	0.11%	0.11%	0.11%	0.07%	0.15%	0.07%	0.14%	0.12%
FCF Growth %	-0.18%	-0.37%	-0.08%	0.05%	0.01%	-0.5%	1.01%	-0.42%	1.27%	-0.02%
FCF per Share	4.47	2.64	2.36	2.48	2.51	1.24	2.43	1.40	3.15	3.11
FCF Conversion (FCF/Net Income)	4.14x	-3.71x	-3.76x	2.67x	-0.54x	-0.28x	2.47x	1.08x	1.58x	1.48x
Interest Paid	346M	599M	0	592M	558M	598M	560M	562M	503M	510M
Taxes Paid	1.57B	750M	0	628M	739M	582M	591M	716M	1.06B	1.14B

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.6%	-4.36%	-3.82%	5.79%	-33.27%	-57.2%	13.54%	20.68%	21.36%	20.41%
Return on Invested Capital (ROIC)	8.32%	3.11%	3.59%	4.56%	-0.83%	3.72%	7.37%	11.06%	13.98%	15.48%
Gross Margin	20.17%	13.3%	12.8%	13.22%	12.75%	11.02%	15.95%	18.37%	19.81%	20.56%
Net Margin	5.84%	-6.07%	-4.94%	6.52%	-30.7%	-44.43%	8.2%	12.25%	12.68%	12.29%
Debt / Equity	0.53x	0.47x	0.49x	0.44x	0.63x	1.35x	0.93x	0.68x	0.56x	0.54x
Interest Coverage	16.09x	4.01x	4.73x	5.55x	-0.82x	2.94x	5.13x	8.47x	10.93x	12.36x
FCF Conversion	4.14x	-3.71x	-3.76x	2.67x	-0.54x	-0.28x	2.47x	1.08x	1.58x	1.48x
Revenue Growth	-26.98%	-21.61%	9.46%	7.8%	0.31%	-28.3%	-2.85%	22.51%	17.96%	9.52%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Well Construction	-	-	-	-	-	8.61B	8.71B	11.4B	13.48B	13.36B
Well Construction Growth	-	-	-	-	-	-	1.17%	30.91%	18.26%	-0.90%
Production Systems	-	-	-	-	-	6.65B	6.71B	7.86B	9.83B	12.14B
Production Systems Growth	-	-	-	-	-	-	0.90%	17.17%	25.04%	23.52%
Reservoir Characterization	9.5B	6.74B	6.79B	6.53B	6.31B	5.6B	4.6B	5.55B	6.56B	7.18B
Reservoir Characterization Growth	-	-29.03%	0.64%	-3.83%	-3.28%	-11.25%	-17.90%	20.74%	18.15%	9.39%
Digital Integration	-	-	-	-	-	3.08B	3.29B	3.73B	3.87B	4.25B
Digital Integration Growth	-	-	-	-	-	-	6.96%	13.22%	3.92%	9.71%
Drilling	13.56B	8.56B	8.39B	9.25B	9.72B	-	-	-	-	-
Drilling Growth	-	-36.88%	-1.97%	10.22%	5.09%	-	-	-	-	-
Cameron	-	4.21B	5.21B	5.17B	5.34B	-	-	-	-	-
Cameron Growth	-	-	23.60%	-0.73%	3.27%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Middle East	9.9B	9.29B	9.42B	9.54B	10.02B	8.57B	8.06B	9.03B	11.02B	13.03B
Middle East Growth	-	-6.18%	1.43%	1.32%	4.97%	-14.48%	-5.93%	12.09%	21.99%	18.21%
Europe C I S Africa	9.28B	7.35B	7.05B	7.16B	7.68B	5.96B	5.78B	7.2B	8.52B	9.67B
Europe C I S Africa Growth	-	-20.82%	-4.14%	1.58%	7.33%	-22.39%	-3.10%	24.63%	18.37%	13.46%
Latin America	6.01B	4.23B	3.98B	3.75B	4.15B	3.47B	4.46B	5.66B	6.64B	6.72B
Latin America Growth	-	-29.66%	-6.00%	-5.81%	10.79%	-16.32%	28.43%	26.96%	17.38%	1.11%
North America	9.81B	6.67B	9.49B	11.98B	10.84B	5.48B	4.47B	6B	6.73B	6.68B
North America Growth	-	-32.07%	42.34%	26.32%	-9.52%	-49.48%	-18.47%	34.24%	12.21%	-0.70%

Frequently Asked Questions

Valuation & Price

SLB N.V. (SLB) has a price-to-earnings (P/E) ratio of 14.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

SLB N.V. (SLB) reported $35.25B in revenue for fiscal year 2024. This represents a 11% decrease from $39.54B in 2011.

SLB N.V. (SLB) grew revenue by 9.5% over the past year. This is steady growth.

Yes, SLB N.V. (SLB) is profitable, generating $3.65B in net income for fiscal year 2024 (12.3% net margin).

Dividend & Returns

Yes, SLB N.V. (SLB) pays a dividend with a yield of 2.33%. This makes it attractive for income-focused investors.

SLB N.V. (SLB) has a return on equity (ROE) of 20.4%. This is excellent, indicating efficient use of shareholder capital.

SLB N.V. (SLB) generated $4.03B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

US Stock Screener

...

SLB N.V. (SLB) 10-Year Financial Performance & Capital Metrics

SLB • • Industrial / General

EnergyOilfield ServicesDrilling Equipment & ServicesDrilling Systems & Equipment

Revenue $36.29B +9.5%
EBITDA $8.21B +13.1%
Net Income $4.46B +6.1%
EPS (Diluted) 3.11 +6.9%
Gross Margin 20.56% +3.8%
EBITDA Margin 22.63% +3.3%
Operating Margin 17.43% +5.0%
Net Margin 12.29% -3.1%
ROE 20.41% -4.5%
ROIC 15.48% +10.7%
Debt/Equity 0.54 -3.6%
Interest Coverage 12.36 +13.0%

Technical Analysis

Key Insights

Based on financial data analysis

✓Strengths

✓Excellent 3Y average ROE of 20.8%
✓Strong Piotroski F-Score: 8/9
✓High quality earnings: Operating CF exceeds net income
✓Healthy dividend yield of 2.3%
✓Trading near 52-week high

✗Weaknesses

✗Thin 5Y average net margin of 0.2%

Price & Volume

Loading chart...

Growth Metrics

Revenue CAGR

10Y-2.87%

5Y1.97%

3Y16.54%

TTM-2.08%

Profit (Net Income) CAGR

10Y-1.96%

5Y-

3Y33.36%

TTM-18.6%

EPS CAGR

10Y-2.87%

5Y-

3Y33.06%

TTM-16.72%

ROCE

10Y Avg8.46%

5Y Avg12.23%

3Y Avg15.99%

Latest17.9%

Peer Comparison

Drilling Systems & Equipment

Name	Market Cap	Current Price	P/E Ratio	Revenue Growth 1Y	Net Margin	ROE	FCF Yield	Debt/Equity
BKRBaker Hughes Company	48.32B	48.97	16.43	9.11%	10.43%	15.77%	4.25%	0.35
SLBSLB N.V.	68.57B	45.90	14.76	9.52%	10.34%	13.54%	6.52%	0.54
WFRDWeatherford International plc	6.3B	87.78	13.00	7.36%	8.15%	25.85%	7.83%	1.39
HALHalliburton Company	27.45B	32.61	11.52	-0.32%	5.91%	12.78%	8.83%	0.83
NOVNOV Inc.	6.46B	17.72	11.08	3.42%	4.37%	5.88%	14.74%	0.37
FETForum Energy Technologies, Inc.	463.65M	40.75	-3.70	10.5%	-14.58%	-38.76%	18.13%	0.85

Profit & Loss

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Sales/Revenue+	35.48B	27.81B	30.44B	32.81B	32.92B	23.6B	22.93B	28.09B	33.13B	36.29B
Revenue Growth %	-0.27%	-0.22%	0.09%	0.08%	0%	-0.28%	-0.03%	0.23%	0.18%	0.1%
Cost of Goods Sold+	28.32B	24.11B	26.54B	28.48B	28.72B	21B	19.27B	22.93B	26.57B	28.83B
COGS % of Revenue	0.8%	0.87%	0.87%	0.87%	0.87%	0.89%	0.84%	0.82%	0.8%	0.79%
Gross Profit+	7.15B	3.7B	3.9B	4.34B	4.2B	2.6B	3.66B	5.16B	6.56B	7.46B
Gross Margin %	0.2%	0.13%	0.13%	0.13%	0.13%	0.11%	0.16%	0.18%	0.2%	0.21%
Gross Profit Growth %	-0.36%	-0.48%	0.05%	0.11%	-0.03%	-0.38%	0.41%	0.41%	0.27%	0.14%
Operating Expenses+	1.59B	1.42B	1.22B	1.15B	1.19B	945M	893M	1.01B	1.07B	1.13B
OpEx % of Revenue	0.04%	0.05%	0.04%	0.03%	0.04%	0.04%	0.04%	0.04%	0.03%	0.03%
Selling, General & Admin	494M	403M	432M	444M	474M	365M	339M	376M	364M	385M
SG&A % of Revenue	0.01%	0.01%	0.01%	0.01%	0.01%	0.02%	0.01%	0.01%	0.01%	0.01%
Research & Development	1.09B	1.01B	787M	702M	717M	580M	554M	634M	711M	749M
R&D % of Revenue	0.03%	0.04%	0.03%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%	0.02%
Other Operating Expenses	0	0	0	0	0	0	0	0	0	0
Operating Income+	5.57B	2.29B	2.68B	3.19B	-497M	1.66B	2.77B	4.15B	5.5B	6.33B
Operating Margin %	0.16%	0.08%	0.09%	0.1%	-0.02%	0.07%	0.12%	0.15%	0.17%	0.17%
Operating Income Growth %	-0.41%	-0.59%	0.17%	0.19%	-1.16%	4.33%	0.67%	0.5%	0.32%	0.15%
EBITDA+	9.64B	6.38B	6.51B	6.75B	3.09B	3.63B	4.47B	5.82B	7.26B	8.21B
EBITDA Margin %	0.27%	0.23%	0.21%	0.21%	0.09%	0.15%	0.19%	0.21%	0.22%	0.23%
EBITDA Growth %	-0.29%	-0.34%	0.02%	0.04%	-0.54%	0.17%	0.23%	0.3%	0.25%	0.13%
D&A (Non-Cash Add-back)	4.08B	4.09B	3.84B	3.56B	3.59B	1.97B	1.7B	1.67B	1.76B	1.89B
EBIT	3.23B	-1.33B	-617M	3.2B	-9.84B	-10.73B	2.91B	4.76B	5.79B	6.18B
Net Interest Income+	-294M	-460M	-438M	-515M	-568M	-530M	-506M	-391M	-403M	-338M
Interest Income	52M	110M	128M	60M	41M	33M	33M	99M	100M	174M
Interest Expense	346M	570M	566M	575M	609M	563M	539M	490M	503M	512M
Other Income/Expense	-2.69B	-3.89B	-3.86B	-567M	-9.92B	-12.95B	-391M	120M	-217M	-654M
Pretax Income+	2.88B	-1.91B	-1.18B	2.62B	-10.42B	-11.3B	2.37B	4.27B	5.28B	5.67B
Pretax Margin %	0.08%	-0.07%	-0.04%	0.08%	-0.32%	-0.48%	0.1%	0.15%	0.16%	0.16%
Income Tax+	746M	-278M	330M	447M	-311M	-812M	446M	779M	1.01B	1.09B
Effective Tax Rate %	0.72%	0.89%	1.27%	0.81%	0.97%	0.93%	0.79%	0.81%	0.8%	0.79%
Net Income+	2.07B	-1.69B	-1.5B	2.14B	-10.11B	-10.49B	1.88B	3.44B	4.2B	4.46B
Net Margin %	0.06%	-0.06%	-0.05%	0.07%	-0.31%	-0.44%	0.08%	0.12%	0.13%	0.12%
Net Income Growth %	-0.62%	-1.81%	0.11%	2.42%	-5.73%	-0.04%	1.18%	0.83%	0.22%	0.06%
Net Income (Continuing)	2.13B	-1.63B	-1.51B	2.18B	-10.11B	-10.49B	1.93B	3.49B	4.28B	4.58B
Discontinued Operations	0	0	0	0	0	0	0	0	0	0
Minority Interest	272M	451M	419M	424M	416M	418M	282M	304M	1.17B	1.22B
EPS (Diluted)+	1.63	-1.24	-1.08	1.53	-7.30	-7.54	1.32	2.39	2.91	3.11
EPS Growth %	-0.61%	-1.76%	0.13%	2.42%	-5.77%	-0.03%	1.18%	0.81%	0.22%	0.07%
EPS (Basic)	1.65	-1.24	-1.08	1.54	-7.30	-7.54	1.34	2.43	2.95	3.14
Diluted Shares Outstanding	1.27B	1.36B	1.39B	1.39B	1.39B	1.39B	1.43B	1.44B	1.44B	1.44B
Basic Shares Outstanding	1.26B	1.36B	1.39B	1.39B	1.39B	1.39B	1.4B	1.42B	1.43B	1.42B
Dividend Payout Ratio	1.17%	-	-	1.3%	-	-	0.37%	0.25%	0.31%	0.34%

Balance Sheet

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Total Current Assets+	26.91B	23.93B	18.5B	15.73B	15.53B	12.92B	12.65B	15B	17.72B	18.57B
Cash & Short-Term Investments	13.03B	9.26B	5.09B	2.78B	2.17B	3.01B	3.14B	2.89B	3.99B	4.67B
Cash Only	2.79B	2.93B	1.8B	1.43B	1.14B	844M	1.76B	1.66B	2.9B	3.54B
Short-Term Investments	10.24B	6.33B	3.29B	1.34B	1.03B	2.16B	1.38B	1.24B	1.09B	1.13B
Accounts Receivable	8.78B	9.39B	8.08B	7.88B	7.75B	5.25B	5.32B	6.77B	7.81B	8.01B
Days Sales Outstanding	90.34	123.2	96.93	87.66	85.9	81.15	84.61	87.91	86.05	80.58
Inventory	3.76B	4.22B	4.05B	4.01B	4.13B	3.35B	3.27B	4B	4.39B	4.38B
Days Inventory Outstanding	48.41	63.96	55.64	51.4	52.49	58.3	61.97	63.66	60.26	55.39
Other Current Assets	1.34B	1.06B	1.28B	1.06B	1.49B	1.31B	928M	1.34B	1.53B	1.51B
Total Non-Current Assets+	41.09B	54.03B	53.49B	54.78B	40.78B	29.52B	28.86B	28.13B	30.24B	30.36B
Property, Plant & Equipment	13.41B	12.82B	11.58B	11.68B	9.27B	7.85B	7.14B	7.29B	8.11B	8.26B
Fixed Asset Turnover	2.64x	2.17x	2.63x	2.81x	3.55x	3.01x	3.21x	3.86x	4.09x	4.39x
Goodwill	15.61B	24.99B	25.12B	24.93B	16.04B	12.98B	12.99B	12.98B	14.08B	14.59B
Intangible Assets	4.57B	9.86B	9.35B	8.73B	7.09B	3.46B	3.21B	2.99B	3.24B	3.01B
Long-Term Investments	418M	238M	1.52B	1.54B	1.56B	3.77B	3.83B	3.6B	3.73B	3.72B
Other Non-Current Assets	7.09B	6.13B	7.44B	9.44B	8.38B	1.45B	1.69B	1.27B	1.07B	785M
Total Assets+	68B	77.96B	71.99B	70.51B	56.31B	42.43B	41.51B	43.13B	47.96B	48.94B
Asset Turnover	0.52x	0.36x	0.42x	0.47x	0.58x	0.56x	0.55x	0.65x	0.69x	0.74x
Asset Growth %	0.02%	0.15%	-0.08%	-0.02%	-0.2%	-0.25%	-0.02%	0.04%	0.11%	0.02%
Total Current Liabilities+	14.12B	15.06B	15.28B	13.49B	13.1B	10.49B	10.36B	12.02B	13.39B	12.81B
Accounts Payable	3.24B	4B	4.61B	4.71B	4.79B	2.94B	3.21B	3.92B	4.61B	4.23B
Days Payables Outstanding	41.8	60.62	63.45	60.35	60.88	51.05	60.7	62.41	63.37	53.56
Short-Term Debt	4.56B	3.15B	3.32B	1.41B	524M	850M	909M	1.63B	1.12B	1.05B
Deferred Revenue (Current)	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K	1000K
Other Current Liabilities	0	0	0	0	0	0	0	0	0	0
Current Ratio	1.91x	1.59x	1.21x	1.17x	1.19x	1.23x	1.22x	1.25x	1.32x	1.45x
Quick Ratio	1.64x	1.31x	0.95x	0.87x	0.87x	0.91x	0.91x	0.92x	1.00x	1.11x
Cash Conversion Cycle	96.95	126.55	89.12	78.7	77.51	88.4	85.88	89.16	82.95	82.41
Total Non-Current Liabilities+	17.98B	21.37B	19.44B	20.43B	19.04B	19.45B	15.87B	13.13B	13.2B	13.77B
Long-Term Debt	14.44B	16.46B	14.88B	14.64B	14.77B	16.04B	13.29B	10.59B	10.84B	11.02B
Capital Lease Obligations	0	0	0	0	0	0	0	0	0	0
Deferred Tax Liabilities	1.07B	1.88B	1.65B	1.44B	491M	19M	94M	61M	140M	67M
Other Non-Current Liabilities	2.46B	3.02B	2.92B	4.35B	3.78B	3.4B	2.49B	2.47B	2.22B	2.68B
Total Liabilities	32.1B	36.43B	34.73B	33.92B	32.14B	29.95B	26.23B	25.15B	26.6B	26.59B
Total Debt+	19B	19.62B	18.2B	16.05B	15.29B	16.89B	14.2B	12.23B	11.96B	12.07B
Net Debt	16.21B	16.69B	16.4B	14.62B	14.16B	16.04B	12.44B	10.57B	9.06B	8.53B
Debt / Equity	0.53x	0.47x	0.49x	0.44x	0.63x	1.35x	0.93x	0.68x	0.56x	0.54x
Debt / EBITDA	1.97x	3.08x	2.79x	2.38x	4.95x	4.66x	3.18x	2.10x	1.65x	1.47x
Net Debt / EBITDA	1.68x	2.62x	2.52x	2.17x	4.58x	4.42x	2.78x	1.82x	1.25x	1.04x
Interest Coverage	16.09x	4.01x	4.73x	5.55x	-0.82x	2.94x	5.13x	8.47x	10.93x	12.36x
Total Equity+	35.91B	41.53B	37.26B	36.59B	24.18B	12.49B	15.29B	17.99B	21.36B	22.35B
Equity Growth %	-0.06%	0.16%	-0.1%	-0.02%	-0.34%	-0.48%	0.22%	0.18%	0.19%	0.05%
Book Value per Share	28.25	30.60	26.85	26.26	17.46	8.98	10.71	12.52	14.80	15.56
Total Shareholders' Equity	35.63B	41.08B	36.84B	36.16B	23.76B	12.07B	15B	17.68B	20.19B	21.13B
Common Stock	12.69B	12.8B	12.97B	13.13B	13.08B	12.97B	12.61B	11.84B	11.62B	11.46B
Retained Earnings	40.87B	36.47B	32.19B	31.66B	18.75B	7.02B	8.2B	10.72B	13.5B	16.39B
Treasury Stock	-13.37B	-3.55B	-4.05B	-4.01B	-3.63B	-3.03B	-2.23B	-1.02B	-678M	-1.77B
Accumulated OCI	-4.56B	-4.64B	-4.27B	-4.62B	-4.44B	-4.88B	-3.57B	-3.85B	-4.25B	-4.95B
Minority Interest	272M	451M	419M	424M	416M	418M	282M	304M	1.17B	1.22B

Cash Flow

	Dec 2015	Dec 2016	Dec 2017	Dec 2018	Dec 2019	Dec 2020	Dec 2021	Dec 2022	Dec 2023	Dec 2024
Cash from Operations+	8.57B	6.26B	5.66B	5.71B	5.43B	2.94B	4.65B	3.72B	6.64B	6.6B
Operating CF Margin %	0.24%	0.23%	0.19%	0.17%	0.16%	0.12%	0.2%	0.13%	0.2%	0.18%
Operating CF Growth %	-0.24%	-0.27%	-0.1%	0.01%	-0.05%	-0.46%	0.58%	-0.2%	0.78%	-0.01%
Net Income	2.13B	-1.63B	-1.51B	2.18B	-10.11B	-10.49B	1.93B	3.49B	4.28B	4.58B
Depreciation & Amortization	4.08B	4.09B	3.84B	3.56B	3.59B	2.57B	2.12B	2.15B	1.76B	1.89B
Stock-Based Compensation	326M	267M	343M	345M	405M	397M	324M	313M	293M	316M
Deferred Taxes	-63M	-60M	8M	-39M	-1.01B	-1.25B	-31M	-39M	28M	-41M
Other Non-Cash Items	2.37B	3.83B	3.67B	79M	12.88B	12.55B	-94M	-484M	498M	1.16B
Working Capital Changes	-276M	-246M	-683M	-405M	-327M	-839M	404M	-1.71B	-216M	-1.29B
Change in Receivables	1.59B	885M	180M	403M	50M	2.41B	-36M	-1.73B	-659M	-236M
Change in Inventory	625M	800M	108M	-10M	-314M	86M	75M	-737M	-254M	-101M
Change in Payables	-2.66B	-1.68B	-737M	-824M	-161M	-3.33B	160M	704M	724M	-994M
Cash from Investing+	-10.25B	-624M	-1.78B	-1.04B	-2.01B	-2.35B	-919M	-1.39B	-2.78B	-3.15B
Capital Expenditures	-2.9B	-2.69B	-2.38B	-2.26B	-1.96B	-1.22B	-1.18B	-1.72B	-2.09B	-2.13B
CapEx % of Revenue	0.08%	0.1%	0.08%	0.07%	0.06%	0.05%	0.05%	0.06%	0.06%	0.06%
Acquisitions	-	-	-	-	-	-	-	-	-	-
Investments	-	-	-	-	-	-	-	-	-	-
Other Investing	-3.01B	-54M	-217M	-29M	-155M	-1.31B	-58M	-232M	-108M	107M
Cash from Financing+	1.37B	-5.43B	-5.03B	-5.02B	-3.72B	-873M	-2.82B	-2.38B	-2.51B	-2.77B
Debt Issued (Net)	-	-	-	-	-	-	-	-	-	-
Equity Issued (Net)	-	-	-	-	-	-	-	-	-	-
Dividends Paid	-2.42B	-2.65B	-2.78B	-2.77B	-2.77B	-1.73B	-699M	-848M	-1.32B	-1.53B
Share Repurchases	-	-	-	-	-	-	-	-	-	-
Other Financing	184M	374M	326M	198M	168M	57M	22M	79M	81M	93M
Net Change in Cash	-	-	-	-	-	-	-	-	-	-
Free Cash Flow+	5.68B	3.58B	3.28B	3.45B	3.48B	1.73B	3.47B	2B	4.54B	4.47B
FCF Margin %	0.16%	0.13%	0.11%	0.11%	0.11%	0.07%	0.15%	0.07%	0.14%	0.12%
FCF Growth %	-0.18%	-0.37%	-0.08%	0.05%	0.01%	-0.5%	1.01%	-0.42%	1.27%	-0.02%
FCF per Share	4.47	2.64	2.36	2.48	2.51	1.24	2.43	1.40	3.15	3.11
FCF Conversion (FCF/Net Income)	4.14x	-3.71x	-3.76x	2.67x	-0.54x	-0.28x	2.47x	1.08x	1.58x	1.48x
Interest Paid	346M	599M	0	592M	558M	598M	560M	562M	503M	510M
Taxes Paid	1.57B	750M	0	628M	739M	582M	591M	716M	1.06B	1.14B

Key Ratios

Metric	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Return on Equity (ROE)	5.6%	-4.36%	-3.82%	5.79%	-33.27%	-57.2%	13.54%	20.68%	21.36%	20.41%
Return on Invested Capital (ROIC)	8.32%	3.11%	3.59%	4.56%	-0.83%	3.72%	7.37%	11.06%	13.98%	15.48%
Gross Margin	20.17%	13.3%	12.8%	13.22%	12.75%	11.02%	15.95%	18.37%	19.81%	20.56%
Net Margin	5.84%	-6.07%	-4.94%	6.52%	-30.7%	-44.43%	8.2%	12.25%	12.68%	12.29%
Debt / Equity	0.53x	0.47x	0.49x	0.44x	0.63x	1.35x	0.93x	0.68x	0.56x	0.54x
Interest Coverage	16.09x	4.01x	4.73x	5.55x	-0.82x	2.94x	5.13x	8.47x	10.93x	12.36x
FCF Conversion	4.14x	-3.71x	-3.76x	2.67x	-0.54x	-0.28x	2.47x	1.08x	1.58x	1.48x
Revenue Growth	-26.98%	-21.61%	9.46%	7.8%	0.31%	-28.3%	-2.85%	22.51%	17.96%	9.52%

Revenue by Segment

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Well Construction	-	-	-	-	-	8.61B	8.71B	11.4B	13.48B	13.36B
Well Construction Growth	-	-	-	-	-	-	1.17%	30.91%	18.26%	-0.90%
Production Systems	-	-	-	-	-	6.65B	6.71B	7.86B	9.83B	12.14B
Production Systems Growth	-	-	-	-	-	-	0.90%	17.17%	25.04%	23.52%
Reservoir Characterization	9.5B	6.74B	6.79B	6.53B	6.31B	5.6B	4.6B	5.55B	6.56B	7.18B
Reservoir Characterization Growth	-	-29.03%	0.64%	-3.83%	-3.28%	-11.25%	-17.90%	20.74%	18.15%	9.39%
Digital Integration	-	-	-	-	-	3.08B	3.29B	3.73B	3.87B	4.25B
Digital Integration Growth	-	-	-	-	-	-	6.96%	13.22%	3.92%	9.71%
Drilling	13.56B	8.56B	8.39B	9.25B	9.72B	-	-	-	-	-
Drilling Growth	-	-36.88%	-1.97%	10.22%	5.09%	-	-	-	-	-
Cameron	-	4.21B	5.21B	5.17B	5.34B	-	-	-	-	-
Cameron Growth	-	-	23.60%	-0.73%	3.27%	-	-	-	-	-

Revenue by Geography

	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024
Middle East	9.9B	9.29B	9.42B	9.54B	10.02B	8.57B	8.06B	9.03B	11.02B	13.03B
Middle East Growth	-	-6.18%	1.43%	1.32%	4.97%	-14.48%	-5.93%	12.09%	21.99%	18.21%
Europe C I S Africa	9.28B	7.35B	7.05B	7.16B	7.68B	5.96B	5.78B	7.2B	8.52B	9.67B
Europe C I S Africa Growth	-	-20.82%	-4.14%	1.58%	7.33%	-22.39%	-3.10%	24.63%	18.37%	13.46%
Latin America	6.01B	4.23B	3.98B	3.75B	4.15B	3.47B	4.46B	5.66B	6.64B	6.72B
Latin America Growth	-	-29.66%	-6.00%	-5.81%	10.79%	-16.32%	28.43%	26.96%	17.38%	1.11%
North America	9.81B	6.67B	9.49B	11.98B	10.84B	5.48B	4.47B	6B	6.73B	6.68B
North America Growth	-	-32.07%	42.34%	26.32%	-9.52%	-49.48%	-18.47%	34.24%	12.21%	-0.70%

Frequently Asked Questions

Valuation & Price

SLB N.V. (SLB) has a price-to-earnings (P/E) ratio of 14.8x. This may indicate the stock is undervalued or faces growth challenges.

Growth & Financials

SLB N.V. (SLB) reported $35.25B in revenue for fiscal year 2024. This represents a 11% decrease from $39.54B in 2011.

SLB N.V. (SLB) grew revenue by 9.5% over the past year. This is steady growth.

Yes, SLB N.V. (SLB) is profitable, generating $3.65B in net income for fiscal year 2024 (12.3% net margin).

Dividend & Returns

Yes, SLB N.V. (SLB) pays a dividend with a yield of 2.33%. This makes it attractive for income-focused investors.

SLB N.V. (SLB) has a return on equity (ROE) of 20.4%. This is excellent, indicating efficient use of shareholder capital.

SLB N.V. (SLB) generated $4.03B in free cash flow for fiscal year 2024. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.