SLB (SLB) Stock Fundamentals, Analysis & Risk Signals

Health score, price, valuation, risk signals, and key metrics at a glance.

SLB

NYSE•Energy•Oil & Gas Equipment & Services

$52.08-0.22(<0.01%)After hours

Market Cap

$77.60B

P/E

25.0x

P/S

2.1x

P/B

3.0x

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. 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. SLB N.V. was formerly known as Schlumberger Limited and change its name to SLB N.V. in October 2025. The company was founded in 1926 and is based in Houston, Texas.

How this company scores

GoodMetricSide Score: 63/100

Strongest: Balance Sheet & Red Flags (22/25); weakest: Growth (5/25).

Profitability15/25

Growth5/25

Balance Sheet & Red Flags22/25

Cash & Earnings Quality21/25

Strengths

Low leverageInterest easily coveredCash-backed earningsConsistent free cash flow

Valuation vs. 5-year range

Today's multiple positioned against its own trailing range — a visual premium/discount check.

P/E · 25.0x5y range 11.2x – 28.5x

Currently above its 20-quarter median.

P/S · 2.1x5y range 1.3x – 2.7x

Currently near its 20-quarter median.

P/B · 3.0x5y range 2.0x – 4.3x

Watch items

Data-driven signals worth keeping an eye on across the last 8 quarters

High Risk

Margin Pressure

Watch

Operating margins declined 18.4% — watch for continued compression, which may signal competitive or cost pressure.

Revenue Decline

Watch

Revenue has softened, declining in 3 quarters. Watch for further erosion.

Price & Volume

Market Cap $77.60B

Metrics at a Glance

as of June 2026

Revenue & Profit

Revenue, EBITDA, operating income, net income, EPS, and shares

TTM Revenue: $36.37B
Q. Revenue: $8.97B
TTM EBITDA: $6.93B
TTM Op. Income: $4.16B
Q. Op. Income: $1.07B
TTM Net Income: $3.10B
Q. Net Income: $786.00M
EPS: $0.53
Shares Out.: $1.49B

$36.37B in TTM revenue grew 2.5% YoY, reaching $8.97B last quarter. TTM EBITDA of $6.93B and TTM operating income of $4.16B show growth is flowing through to the bottom line. TTM net income of $3.10B means revenue is converting into profit. Across the last 8 quarters, TTM revenue has risen for 3 consecutive quarters — an improving trend.

Margins

Gross, EBITDA, operating, and net margin trends

EBITDA Margin: 19.9%
Op. Margin: 11.9%
Net Margin: 8.8%

Op. margin of 11.9% is down 1.8% YoY — costs are rising relative to revenue. Net margin at 8.8% Across the last 8 quarters, operating margin has risen for 2 consecutive quarters — an improving trend.

Price Ratios

P/E, P/S, P/B, EV/EBITDA, FCF yield, and earnings yield

P/E Ratio: 25.0x
P/S Ratio: 2.1x
P/B Ratio: 3.0x

At 25.0x P/E, the stock trades within typical market levels. P/S of 2.1x and P/B of 3.0x provide additional context. Use the growth and margin sections to judge whether the multiple is justified. Across the last 8 quarters, P/E has risen for 4 consecutive quarters — a weakening trend.

Assets & Liabilities

Total assets, cash, debt, book value, and leverage

Total Assets: $55.53B
Cash: $2.74B
Long-Term Debt: $11.14B
Book Value: $26.07B
D/E Ratio: 0.4
Debt/EBITDA: 6.2

With $55.53B in assets and $11.14B in long-term debt, D/E is 0.4and book value is $26.07B — a conservative capital structure with a cushion to weather downturns. Over the past year, debt/equity is down 20% — a weakening trend.

Cash Flow

Operating cash flow, free cash flow, FCF margin, and earnings quality

Op. Cash Flow: $1.36B
TTM Free Cash Flow: $4.81B
FCF Margin: 13.2%
FCF / Net Income: 1.5

TTM FCF of $4.81B on $1.36B in operating cash flow. The FCF / Net Income ratio of 1.5x means free cash flow covers net income — earnings are backed by cash. Over the past year, free cash flow is up 0% — an improving trend.