Tearsheet

SLB (SLB)


Market Price (10/15/2025): $32.61 | Market Cap: $44.1 Bil
Sector: Energy | Industry: Oil & Gas Equipment & Services

SLB (SLB)


Market Price (10/15/2025): $32.61
Market Cap: $44.1 Bil
Sector: Energy
Industry: Oil & Gas Equipment & Services

Investment Highlights

0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 3.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.4%, FCF Yield is 10%
Weak multi-year price returns
2Y Excs Rtn is -94%, 3Y Excs Rtn is -100%
Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -6.5%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 6.6 Bil, FCF LTM is 4.6 Bil
  
2 Low stock price volatility
Vol 12M is 36%
  
0 Attractive yield
Total YieldTotal Yield = Earnings Yield + Dividend Yield, Earnings Yield = Net Income / Market Cap Dividend Yield = Total Dividends / Market Cap is 13%, Dividend Yield is 3.5%, ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is 8.4%, FCF Yield is 10%
1 Attractive cash flow generation
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is 19%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is 13%, CFO LTM is 6.6 Bil, FCF LTM is 4.6 Bil
2 Low stock price volatility
Vol 12M is 36%
3 Weak multi-year price returns
2Y Excs Rtn is -94%, 3Y Excs Rtn is -100%
4 Weak revenue growth
Rev Chg QQuarterly Revenue Change % is -6.5%

Market Valuation & Key Metrics

SLB Stock


Price Returns Compared

 202020212022202320242025Total [1]
Returns
SLB Return-44%40%81%-1%-24%-13%-9%
Peers Return-27%1%52%15%4%2%36%
S&P 500 Return16%27%-19%24%23%13%103%

Monthly Win Rates [3]
SLB Win Rate50%58%67%50%33%56% 
Peers Win Rate37%37%52%40%38%56% 
S&P 500 Win Rate58%75%42%67%75%67% 

Max Drawdowns [4]
SLB Max Drawdown-70%-0%0%-20%-27%-16% 
Peers Max Drawdown-58%-14%-4%-15%-16%-17% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: BKR, HAL, FTI, NOV, HMH. See SLB Returns vs. Peers.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 10/14/2025 (YTD)

Downturns Compared

Unique KeyEventSLBS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-36.8%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven58.2%34.1%
2022 Inflation ShockTime to BreakevenTime to Breakeven99 days464 days
2020 Covid Pandemic2020 Covid Pandemic  
2020 Covid Pandemic% Loss% Loss-70.5%-33.9%
2020 Covid Pandemic% Gain to Breakeven% Gain to Breakeven238.8%51.3%
2020 Covid PandemicTime to BreakevenTime to Breakeven700 days148 days
2018 Correction2018 Correction  
2018 Correction% Loss% Loss-64.9%-19.8%
2018 Correction% Gain to Breakeven% Gain to Breakeven184.9%24.7%
2018 CorrectionTime to BreakevenTime to BreakevenNot Fully Recovered days120 days
2008 Global Financial Crisis2008 Global Financial Crisis  
2008 Global Financial Crisis% Loss% Loss-68.6%-56.8%
2008 Global Financial Crisis% Gain to Breakeven% Gain to Breakeven218.5%131.3%
2008 Global Financial CrisisTime to BreakevenTime to Breakeven1948 days1480 days


How Low Can It Go?

SLB's stock fell -36.8% during the 2022 Inflation Shock from a high on 6/8/2022. A -36.8% loss requires a 58.2% gain to breakeven.

Preserve Wealth

Limiting losses and compounding gains is essential to preserving wealth over time.

Asset Allocation

Actively managed asset allocation strategies protect wealth. Learn more.

About SLB (SLB)

Schlumberger Limited provides technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. It offers software, information management, and IT infrastructure services; consulting services for reservoir characterization, field development planning, and production enhancement; petro technical data services and training solutions; reservoir interpretation and data processing services; asset performance solutions; open and cased-hole services; exploration and production pressure and flow-rate measurement services; pressure pumping, well stimulation, and coiled tubing equipment for downhole mechanical well intervention, reservoir monitoring, and downhole data acquisition; and integrated production systems. The company also provides mud logging and engineering support services; drilling equipment and services for shipyards, drilling contractors, energy companies, and rental tool companies; land drilling rigs and related services; drilling tools; well cementing products and services; and well planning and drilling, engineering, supervision, logistics, procurement, contracting, and drilling rig management services, as well as supplies engineered drilling fluid systems; and designs, manufactures, and markets roller cone and fixed cutter drill bits. In addition, it offers well completion services and equipment; artificial lift production equipment and optimization services; valves; process systems; and integrated subsea production systems comprising wellheads, subsea trees, manifolds and flowline connectors, control systems, connectors, and services, as well as designs and manufactures onshore and offshore platform wellhead systems and processing solutions. The company was formerly known as Socie´te´ de Prospection E´lectrique. Schlumberger Limited was founded in 1926 and is based in Houston, Texas.

Interactive Breakdown

SLB Interactive Breakdown Analysis

Better Bets than SLB (SLB)

Latest Trefis Analyses

Trade Ideas

Select past trade ideas related to SLB and Oil & Gas Equipment & Services.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-7.3%-7.3%-10.0%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.6%-4.6%-5.3%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
96.4%96.4%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-14.5%-14.5%-17.7%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-6.5%-6.5%-11.4%
SLB_4302025_Dip_Buyer_ValueBuy04302025SLBSLBDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-0.4%-0.4%-3.0%
Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
TDW_9302025_Dip_Buyer_FCFYield09302025TDWTidewaterDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-7.3%-7.3%-10.0%
OKE_9302025_Dip_Buyer_ValueBuy09302025OKEONEOKDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-4.6%-4.6%-5.3%
LEU_8312025_Quality_Momentum_RoomToRun_10%08312025LEUCentrus EnergyQualityQ | Momentum | UpsideQuality Stocks with Momentum and Upside
Buying quality stocks with strong momentum but still having room to run
96.4%96.4%-1.3%
KNTK_5312025_Dip_Buyer_ValueBuy05312025KNTKKinetikDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-14.5%-14.5%-17.7%
WHD_4302025_Dip_Buyer_FCFYield04302025WHDCactusDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
-6.5%-6.5%-11.4%
SLB_4302025_Dip_Buyer_ValueBuy04302025SLBSLBDip BuyDB | P/E OPMDip Buy with Low PE and High Margin
Buying dips for companies with tame PE and meaningfully high operating margin
-0.4%-0.4%-3.0%

See Trefis Trade Ideas for more.

Recent Active Movers

Recent Active Movers

More From Trefis

Peer Comparisons for SLB

Financials

SLBBKRHALFTINOVHMHMedian
NameSLB Baker Hu.Hallibur.TechnipF.NOV HMH  
Mkt Price32.5744.8322.4435.9912.55-32.57
Mkt Cap44.044.319.215.04.7-19.2
Rev LTM35,47927,60922,2349,4848,790-22,234
Op Inc LTM6,0173,5143,4331,175696-3,433
FCF LTM4,6052,1652,1491,318909-2,149
FCF 3Y Avg4,0601,8372,145824298-1,837
CFO LTM6,6413,4193,5701,6431,276-3,419
CFO 3Y Avg6,0743,0363,5041,073607-3,036

Growth & Margins

SLBBKRHALFTINOVHMHMedian
NameSLB Baker Hu.Hallibur.TechnipF.NOV HMH  
Rev Chg LTM0.9%2.1%-4.1%11.5%-1.2%-0.9%
Rev Chg 3Y Avg13.1%10.7%9.2%14.2%13.5%-13.1%
Rev Chg Q-6.5%-3.2%-5.5%9.0%-1.3%--3.2%
QoQ Delta Rev Chg LTM-1.6%-0.8%-1.4%2.3%-0.3%--0.8%
Op Mgn LTM17.0%12.7%15.4%12.4%7.9%-12.7%
Op Mgn 3Y Avg16.6%11.3%16.9%8.8%7.9%-11.3%
QoQ Delta Op Mgn LTM-0.4%0.3%-1.1%0.7%-1.9%--0.4%
CFO/Rev LTM18.7%12.4%16.1%17.3%14.5%-16.1%
CFO/Rev 3Y Avg17.8%11.7%15.5%12.4%6.8%-12.4%
FCF/Rev LTM13.0%7.8%9.7%13.9%10.3%-10.3%
FCF/Rev 3Y Avg11.9%7.1%9.5%9.4%3.2%-9.4%

Valuation

SLBBKRHALFTINOVHMHMedian
NameSLB Baker Hu.Hallibur.TechnipF.NOV HMH  
Mkt Cap44.044.319.215.04.7-19.2
P/S1.21.60.91.60.5-1.2
P/EBIT7.612.56.712.76.7-7.6
P/E10.814.510.316.410.0-10.8
P/CFO6.613.05.49.13.7-6.6
Total Yield12.8%8.9%12.8%6.7%14.1%-12.8%
Dividend Yield3.5%2.0%3.1%0.6%4.1%-3.1%
FCF Yield 3Y Avg7.1%5.2%8.9%7.0%6.0%-7.0%
D/E0.30.10.40.10.5-0.3
Net D/E0.20.10.30.00.3-0.2

Returns

SLBBKRHALFTINOVHMHMedian
NameSLB Baker Hu.Hallibur.TechnipF.NOV HMH  
1M Rtn-8.4%-3.6%0.9%-9.7%-2.6%--3.6%
3M Rtn-6.4%15.6%5.7%5.5%-1.4%-5.5%
6M Rtn-1.9%18.8%7.3%43.9%7.6%-7.6%
12M Rtn-24.9%21.8%-24.5%33.3%-19.3%--19.3%
3Y Rtn-17.1%110.5%-18.6%291.3%-25.1%--17.1%
1M Excs Rtn-6.8%-3.6%2.5%-8.2%-1.6%--3.6%
3M Excs Rtn-11.2%10.4%0.4%3.3%-6.9%-0.4%
6M Excs Rtn-25.3%-3.0%-15.6%19.4%-15.5%--15.5%
12M Excs Rtn-39.7%6.9%-39.8%16.8%-34.3%--34.3%
3Y Excs Rtn-100.5%28.2%-103.8%206.3%-110.1%--100.5%

Financials

Segment Financials

Revenue by Segment

$ Mil20242023202220212020
Well Construction13,47811,3978,7068,61411,880
Production Systems9,8317,8626,7106,6508,167
Reservoir Performance6,5615,5534,5995,6029,299
Digital & Integration3,8713,7253,2903,0674,145
Eliminations & other-606-446-376-332-574
Total33,13528,09122,92923,60132,917


Assets by Segment
$ Mil20242023202220212020
Goodwill and intangible assets17,32315,97416,20116,43623,130
Well Construction7,1296,4814,7144,7686,913
Production Systems6,6405,6034,6844,6655,625
All other assets4,9444,4635,2155,5355,577
Cash and short term investments3,9892,8973,1393,0062,167
Reservoir Performance3,4913,1592,9233,4895,198
Digital & Integration3,0893,1323,1343,5956,388
Eliminations & other1,3521,4261,5019401,314
Total47,95743,13541,51142,43456,312


Price Behavior

Short Interest

Short Interest: As Of Date9302025
Short Interest: Shares Quantity40,732,563
Short Interest: % Change Since 9152025-1.0%
Average Daily Volume19,315,481
Days-to-Cover Short Interest2.11
Basic Shares Quantity1,352,000,000
Short % of Basic Shares3.0%

Earnings Returns History

Expand for More

 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
7/18/2025-3.9%1.6%-4.8%
4/25/2025-1.2%-3.4%-3.6%
1/17/20256.1%2.8%4.5%
10/18/2024-4.7%-6.2%-1.8%
7/19/20241.9%-1.0%-8.1%
4/19/2024-2.1%-2.9%-4.6%
1/19/20242.2%8.1%0.6%
10/20/2023-2.9%-6.8%-11.9%
...
SUMMARY STATS   
# Positive121112
# Negative121312
Median Positive2.1%6.2%10.0%
Median Negative-2.2%-4.5%-6.0%
Max Positive10.3%17.6%26.5%
Max Negative-8.8%-7.8%-12.9%

SEC Filings

Expand for More

Report DateFiling DateFiling
6302025724202510-Q 6/30/2025
3312025425202510-Q 3/31/2025
12312024122202510-K 12/31/2024
93020241023202410-Q 9/30/2024
6302024724202410-Q 6/30/2024
3312024424202410-Q 3/31/2024
12312023124202410-K 12/31/2023
93020231025202310-Q 9/30/2023
6302023726202310-Q 6/30/2023
3312023426202310-Q 3/31/2023
12312022125202310-K 12/31/2022
93020221026202210-Q 9/30/2022
6302022727202210-Q 6/30/2022
3312022427202210-Q 3/31/2022
12312021126202210-K 12/31/2021
93020211027202110-Q 9/30/2021

Insider Activity

Expand for More

 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0de La Chevardiere Patrick 5272025Sell33.585,000167,900789,970Form
1Raman AparnaChief Strategy & Mktg Officer4012025Sell42.2825,1331,062,6231,311,991Form
2Rennick GavinPresident New Energy2262025Sell40.9226,9901,104,4312,192,657Form
3Rando Bejar CarmenChief People Officer1312025Sell40.415,524223,2521,245,954Form
4Merad AbdellahEVP, Core Services & Equipment1292025Sell41.4460,0002,486,4008,723,203Form