30 years of historical data (1996–2025) · Energy · Oil & Gas Equipment & Services
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
SLB N.V. trades at 20.5x earnings, 12% above its 5-year average of 18.3x, sitting at the 28th percentile of its historical range. Compared to the Energy sector median P/E of 15.5x, the stock trades at a premium of 32%. On a free-cash-flow basis, the stock trades at 15.1x P/FCF, 18% below the 5-year average of 18.3x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $72.2B | $57.1B | $55.1B | $75.1B | $76.8B | $42.7B | $30.3B | $55.7B | $50.3B | $93.5B | $113.9B |
| Enterprise Value | $81.5B | $66.4B | $63.6B | $84.2B | $87.4B | $55.2B | $46.4B | $69.8B | $64.9B | $109.9B | $130.6B |
| P/E Ratio → | 20.46 | 16.33 | 12.33 | 17.88 | 22.37 | 22.69 | — | — | 23.58 | — | — |
| P/S Ratio | 2.02 | 1.60 | 1.52 | 2.27 | 2.73 | 1.86 | 1.29 | 1.69 | 1.53 | 3.07 | 4.10 |
| P/B Ratio | 2.62 | 2.09 | 2.46 | 3.52 | 4.27 | 2.80 | 2.43 | 2.30 | 1.37 | 2.51 | 2.74 |
| P/FCF | 15.06 | 11.91 | 12.31 | 16.52 | 38.32 | 12.31 | 17.57 | 16.02 | 14.56 | 28.52 | 31.86 |
| P/OCF | 11.12 | 8.80 | 8.34 | 11.31 | 20.65 | 9.19 | 10.31 | 10.25 | 8.80 | 16.52 | 18.20 |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
SLB N.V.'s enterprise value stands at 11.1x EBITDA, roughly in line with its 5-year average of 11.1x. The Energy sector median is 7.8x, placing the stock at a 41% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 1.86 | 1.75 | 2.54 | 3.11 | 2.41 | 1.97 | 2.12 | 1.98 | 3.61 | 4.70 |
| EV / EBITDA | 11.06 | 9.01 | 7.74 | 11.60 | 15.02 | 12.35 | 12.79 | 22.59 | 9.62 | 16.87 | 20.47 |
| EV / EBIT | 14.93 | 12.68 | 10.28 | 14.55 | 18.36 | 18.94 | — | — | 20.28 | — | — |
| EV / FCF | — | 13.84 | 14.22 | 18.52 | 43.59 | 15.90 | 26.86 | 20.09 | 18.79 | 33.52 | 36.52 |
Margins and return-on-capital ratios measuring operating efficiency
SLB N.V. earns an operating margin of 15.3%, roughly in line with the Energy sector average. Operating margins have compressed from 16.6% to 15.3% over the past 3 years, signaling potential cost pressures or competitive headwinds. ROE of 13.5% is modest. ROIC of 12.1% represents solid returns on invested capital versus a sector median of 6.2%.
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 18.2% | 18.2% | 20.6% | 19.8% | 18.4% | 16.0% | 11.0% | 12.8% | 13.2% | 12.8% | 13.3% |
| Operating Margin | 15.3% | 15.3% | 17.4% | 16.6% | 14.8% | 12.1% | 7.0% | -1.5% | 9.7% | 8.8% | 8.2% |
| Net Profit Margin | 9.4% | 9.4% | 12.3% | 12.7% | 12.2% | 8.2% | -44.4% | -30.7% | 6.5% | -4.9% | -6.1% |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 13.5% | 13.5% | 20.4% | 21.4% | 20.7% | 13.5% | -57.2% | -33.3% | 5.8% | -3.8% | -4.4% |
| ROA | 6.5% | 6.5% | 9.2% | 9.2% | 8.1% | 4.5% | -21.2% | -15.9% | 3.0% | -2.0% | -2.3% |
| ROIC | 12.1% | 12.1% | 15.5% | 14.0% | 11.1% | 7.4% | 3.7% | -0.8% | 4.6% | 3.6% | 3.1% |
| ROCE | 14.3% | 14.3% | 17.9% | 16.7% | 13.3% | 8.8% | 4.4% | -1.0% | 5.6% | 4.5% | 3.9% |
Solvency and debt-coverage ratios — lower is generally safer
SLB N.V. carries a Debt/EBITDA ratio of 1.7x, which is manageable (36% below the sector average of 2.6x). Net debt stands at $9.3B ($12.3B total debt minus $3.0B cash). Interest coverage of 9.4x is adequate, though a cyclical earnings downturn could tighten the margin of safety.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.45 | 0.45 | 0.54 | 0.56 | 0.68 | 0.93 | 1.35 | 0.63 | 0.44 | 0.49 | 0.47 |
| Debt / EBITDA | 1.67 | 1.67 | 1.47 | 1.65 | 2.10 | 3.18 | 4.66 | 4.95 | 2.38 | 2.79 | 3.08 |
| Net Debt / Equity | — | 0.34 | 0.38 | 0.42 | 0.59 | 0.81 | 1.28 | 0.59 | 0.40 | 0.44 | 0.40 |
| Net Debt / EBITDA | 1.26 | 1.26 | 1.04 | 1.25 | 1.82 | 2.78 | 4.42 | 4.58 | 2.17 | 2.52 | 2.62 |
| Debt / FCF | — | 1.93 | 1.91 | 1.99 | 5.27 | 3.58 | 9.29 | 4.07 | 4.23 | 5.00 | 4.67 |
| Interest Coverage | 9.40 | 9.40 | 12.08 | 11.50 | 9.72 | 5.40 | -19.07 | -16.16 | 5.56 | -1.09 | -2.34 |
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.33x means SLB N.V. can comfortably meet its short-term obligations, though there is limited excess liquidity. The quick ratio of 0.98x is notably lower than the current ratio, indicating a significant portion of current assets is tied up in inventory.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.33 | 1.33 | 1.45 | 1.32 | 1.25 | 1.22 | 1.23 | 1.19 | 1.17 | 1.21 | 1.59 |
| Quick Ratio | 0.98 | 0.98 | 1.11 | 1.00 | 0.92 | 0.91 | 0.91 | 0.87 | 0.87 | 0.95 | 1.31 |
| Cash Ratio | 0.29 | 0.29 | 0.36 | 0.30 | 0.24 | 0.30 | 0.29 | 0.17 | 0.21 | 0.33 | 0.61 |
| Asset Turnover | — | 0.65 | 0.74 | 0.69 | 0.65 | 0.55 | 0.56 | 0.58 | 0.47 | 0.42 | 0.36 |
| Inventory Turnover | 5.80 | 5.80 | 6.59 | 6.06 | 5.73 | 5.89 | 6.26 | 6.95 | 7.10 | 6.56 | 5.71 |
| Days Sales Outstanding | — | 88.81 | 80.58 | 86.05 | 87.91 | 84.61 | 81.15 | 85.90 | 87.66 | 96.93 | 123.20 |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
SLB N.V. returns 5.6% to shareholders annually — split between a 2.2% dividend yield and 3.3% buyback yield. A payout ratio of 47.8% is moderate and appears sustainable, balancing shareholder returns with reinvestment capacity. The earnings yield of 4.9% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | 2.2% | 2.8% | 2.8% | 1.8% | 1.1% | 1.6% | 5.7% | 5.0% | 5.5% | 3.0% | 2.3% |
| Payout Ratio | 47.8% | 47.8% | 34.4% | 31.3% | 24.6% | 37.2% | — | — | 129.6% | — | — |
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 4.9% | 6.1% | 8.1% | 5.6% | 4.5% | 4.4% | — | — | 4.2% | — | — |
| FCF Yield | 6.6% | 8.4% | 8.1% | 6.1% | 2.6% | 8.1% | 5.7% | 6.2% | 6.9% | 3.5% | 3.1% |
| Buyback Yield | 3.3% | 4.2% | 3.2% | 0.9% | 0.0% | 0.0% | 0.1% | 0.5% | 0.8% | 1.0% | 0.7% |
| Total Shareholder Yield | 5.6% | 7.0% | 5.9% | 2.7% | 1.1% | 1.6% | 5.8% | 5.5% | 6.3% | 4.0% | 3.0% |
| Shares Outstanding | — | $1.5B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B | $1.4B |
Compare SLB with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
| $72B | 20.5 | 11.1 | 15.1 | 18.2% | 15.3% | 13.5% | 12.1% | 1.7 | |
| $29B | 23.3 | 10.3 | 17.4 | 15.7% | 10.2% | 12.2% | 10.2% | 2.4 | |
| $58B | 22.5 | 12.9 | 22.8 | 23.6% | 12.8% | 14.4% | 12.7% | 1.5 | |
| $4B | 22.7 | 9.9 | 17.5 | 54.6% | 23.2% | 12.3% | 19.4% | 0.1 | |
| $4B | 30.5 | 9.0 | 312.3 | 11.4% | 2.0% | 7.3% | 2.3% | 1.5 | |
| $26B | 28.3 | 19.3 | 18.0 | 17.3% | 9.6% | 29.5% | 17.6% | 1.4 | |
| $4B | 10.3 | 8.3 | 17.3 | 20.4% | 10.9% | 39.4% | 23.4% | 1.2 | |
| $2B | 88.5 | 11.2 | — | 14.0% | 2.5% | 2.3% | 2.3% | 1.8 | |
| $1B | -2.6 | 7.8 | 56.0 | 3.7% | -6.9% | -37.7% | -4.6% | 4.0 | |
| $487M | -9.0 | 17.0 | — | 10.7% | 0.1% | — | 0.1% | 7.7 | |
| $130M | 5.7 | 6.0 | 6.2 | 38.2% | 6.4% | 18.3% | 7.9% | 0.7 | |
| Energy Median | — | 15.5 | 7.8 | 13.8 | 33.7% | 13.8% | 7.2% | 6.2% | 2.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Includes 30+ ratios · 30 years · Updated daily
Deep dive into SLB consensus models and risk factors.
DCF models, multiple analysis, and analyst estimates.
10-year return with dividends reinvested.
See how regular investing compounds over time.
Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SLB stock.
SLB N.V.'s current P/E ratio is 20.5x. The historical average is 29.4x. This places it at the 28th percentile of its historical range.
SLB N.V.'s current EV/EBITDA is 11.1x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 13.6x.
SLB N.V.'s return on equity (ROE) is 13.5%. The historical average is 10.3%.
Based on historical data, SLB N.V. is trading at a P/E of 20.5x. This is at the 28th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
SLB N.V.'s current dividend yield is 2.24% with a payout ratio of 47.8%.
SLB N.V. has 18.2% gross margin and 15.3% operating margin. Operating margin between 10-20% is typical for established companies.
SLB N.V.'s Debt/EBITDA ratio is 1.7x, indicating moderate leverage. A ratio below 2x is generally considered financially healthy.