profit from every $100 of sales.

SLB
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
You pay $22.60 for every $1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What SLB sold, what it kept, and what it did with the cash.
Sales went from $28.1 billion in 2022 to $35.7 billion in 2025, with $3.37 billion of profit last year.
SLB handed back 88% of the cash it generated last year.
SLB vs. similar companies
SLB grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
SLB | 22.6× · Fair price | ||
Baker Hughes | 19.0× · Fair price | ||
Tenaris | 16.0× · Fair price | ||
Halliburton | 21.8× · Fair price | ||
TechnipFMC | 26.7× · Fair price |
Compare SLB with Chevron · EOG Resources · Halliburton · Exxon Mobil
AI analysis
An AI analyst reads SLB's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 23,601 | 22,929 | 28,091 | 33,135 | 36,289 | 35,708 | |
| – | – | 5,161 | 6,563 | 7,460 | 6,507 | |
| – | – | 4,151 | 5,488 | 6,326 | 5,458 | |
| -8,739 | 4,617 | 6,430 | 7,544 | 8,069 | 6,958 | |
| -10,518 | 1,881 | 3,441 | 4,203 | 4,461 | 3,374 | |
| -7.57 | 1.32 | 2.39 | 2.91 | 3.11 | 2.35 | |
| – | – | 18.4% | 19.8% | 20.6% | 18.2% | |
| – | – | 14.8% | 16.6% | 17.4% | 15.3% | |
| -44.6% | 8.2% | 12.2% | 12.7% | 12.3% | 9.4% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 42,434 | 41,511 | 43,135 | 47,957 | 48,935 | 54,868 |
| Cash | 844 | 1,757 | 1,655 | 2,900 | 3,544 | 3,036 |
| Total debt | – | – | 12,226 | 11,965 | 12,074 | 11,636 |
| Total liabilities | 29,945 | 26,225 | 25,146 | 26,598 | 26,585 | 27,577 |
| 12,071 | 15,004 | 17,685 | 20,189 | 21,130 | 26,109 | |
| 1,390 | 1,427 | 1,437 | 1,443 | 1,436 | 1,437 | |
| -70.3% | 15.3% | 12.6% | 14.2% | 14.7% | 10.1% | |
| -87.1% | 12.5% | 19.5% | 20.8% | 21.1% | 12.9% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 2,944 | 4,651 | 3,720 | 6,637 | 6,602 | 6,489 | |
| – | – | 1,715 | 2,092 | 2,129 | 1,946 | |
| – | – | 2,005 | 4,545 | 4,473 | 4,543 | |
| Dividends paid | 1,734 | 699 | 848 | 1,317 | 1,533 | 1,602 |
| 26 | – | 0 | 694 | 1,737 | 2,414 | |
| 397 | 324 | 313 | 293 | 316 | 332 |
Valuation
- 22.6×
- 19.7×
- –
- 2.9×
- 2.1×
- 16.8×
- 12.2×
- 6.0%
- 4.4%
- 2.1%
Profitability
- 18.2%
- 15.3%
- 9.4%
- 19.6%
- 10.4%
- 13.2%
- 13.5%
- 6.1%
- 12.9%
- 2.0%
Growth
- +8.6%
- –
- +7.2%
- +5.4%
- +0.0%
Financial health
- 1.2×
- 0.45
- 21.3%
- 8.7×
- 1.33
- 0.98
- 0.66
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
What analysts expect
- Average price target
- $57.59
- Range
- $48.00 – $65.00
- 9 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 24, 2026 | 0.52 | 0.51 | +2.6% |
| Jan 23, 2026 | 0.78 | 0.74 | +5.1% |
| Oct 17, 2025 | 0.69 | 0.66 | +5.0% |
| Jul 18, 2025 | 0.74 | 0.72 | +2.5% |
| Apr 25, 2025 | 0.72 | 0.73 | −1.9% |
| Jan 17, 2025 | 0.92 | 0.90 | +2.2% |
| Oct 18, 2024 | 0.89 | 0.88 | +1.1% |
| Jul 19, 2024 | 0.85 | 0.83 | +2.4% |
Paid per share, each year
$2.00 in 2015 → $1.14 in 2025
How safe it looks
47.5% of its profit
Room to growStretchedMore than it earns: 35.3%
News
SLB tapped by Var Energi for integrated drilling services offshore NorwaySeeking Alpha · Nov 12, 2026SLB surges on strong Q3 results, upbeat 2027 outlook as Middle East reboundsSeeking Alpha · Oct 23, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about SLB
Is SLB a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the SLB AI analysis
What does SLB do?
SLB 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. It is in Oil & Gas Equipment & Services, based in Houston, TX, United States, with 109,000 employees.
Does SLB pay a dividend?
Yes. At today's price the dividend is 2.1% a year, about 47% of its yearly profit. In 2025 it paid out $1.60 billion in dividends.
Is SLB stock halal?
Yes. SLB passes our halal screen: its business is permitted and its debt is 15% of its market value, under the 30% limit. How we check
How has SLB stock done over the past year?
Up 42.3% over the past twelve months, to $51.67. It traded between $35.19 and $60.10 and is 14.0% below its high.
Who are SLB's competitors?
The largest listed companies in the same industry are Baker Hughes, Tenaris, Halliburton and TechnipFMC. The peers table on this page compares their profit, growth and price with SLB's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



