FirmAtlas

Company handbook · SLB · Prepared by FirmAtlas · firmatlas.app · printed 2026-10-17

SLB · CIK 87347 · LATEST FILING: 10-Q JUN '26 · FILED JUL 29, 2026

SLB LIMITED/NV

$49.50 +1.13 (+2.34%)

Close, Oct 16, 2026 · 52-week $32–60

↗ slb.com

Last fiscal year

SLB LIMITED/NV reported revenue of $35.7B for the year ended Dec 31, 2025 (FY25), down 1.6% from FY24. Net income was $3.4B, operating cash flow $6.5B and free cash flow $4.8B. Source: 10-K filed Jan 23, 2026.

Market cap

$74.0B

P/E

23.9

P/B

2.8

Div yield

2.36%

Revenue 1Y

−1.6%/yr

EPS 1Y

−24.4%/yr

Shares 1Y

+7%

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Daily closes, split-adjusted · ratios at each fiscal year end

Company

CEOOlivier Le Peuch

HQHouston, TX

AuditorPricewaterhouseCoopers LLP

Employees109,000

Year endsDecember

Revenue by segment · FY25

Production Systems37%

Well Construction33%

Reservoir Performance19%

Digital Integration7%

All Other Segments6%

Eliminations Other-3%

Compounded growth & averages

10Y

TTM

Share price

−4.8%

7.8%

−5.9%

50.4%

Upgrade to see 10 years

Share price: yearly compound rate of the traded close; the last column is the past year.

Where the cash went · FY24–FY25

$10.9B deployed

Capex $3.6B 33.2%

Dividends $3.1B 28.7%

Buybacks $4.2B 38.0%

Operating cash flow over the period: $13.1B. Total debt changed by −$1.3B. R&D of $1.5B is already inside operating costs.

Sources 10-K FY25 10-Q Jun '26 All filings on EDGAR

Latest filings

Aug 31, 2026 Other announcement 8-K Jul 24, 2026 Quarterly results 8-K Jun 10, 2026 Other announcement 8-K May 12, 2026 Other announcement 8-K Apr 24, 2026 Quarterly results 8-K

Growth engines

How much of the profit growth came from new investment, and how much from running the business better.

Upgrade to see 10 years

Financials

Last 2 years · Upgrade to see 10 years · USD millions · each year opens its 10-K · change vs previous year

Last 4 quarters · USD millions · quarter-end month shown · change vs same quarter a year earlier

TTM = the last four quarters, to Jun '26. Balance-sheet rows show that latest quarter. “—” where the quarters do not add up to the annual figures. No TTM for cash: our quarterly rows do not hold short-term investments yet, and annual cash includes them.

Income

FY24 FY25

TTM

Revenue

36,289

35,708−1.6%

36,365

YoY

−1.6%

Interest expense

512

558+9.0%

—

Net income

4,461

3,374−24.4%

3,101

YoY

−24.4%

Net margin

12.3%

9.4%−2.8 pp

—

EPS (diluted, $)

3.11

2.35−24.4%

2.07

YoY

−24.4%

Balance sheet

FY24 FY25

TTM

Total assets

48,935

54,868+12.1%

55,532

Cash & short-term investments

4,669

4,212−9.8%

—

Accounts receivable

8,011

8,689+8.5%

—

Inventory

4,375

5,032+15.0%

—

Net PP&E

7,359

7,894+7.3%

—

Other assets

24,521

29,041+18.4%

—

Total liabilities

27,805

28,759+3.4%

29,458

Accounts payable

10,375

11,490+10.7%

—

Total debt

11,023

9,742−11.6%

11,140

Other liabilities

6,407

7,527+17.5%

—

Shareholders’ equity

21,130

26,109+23.6%

26,074

Total liabilities = total assets − shareholders’ equity, so it includes minority interest where a company has one.

Cash flow statement · as filed

FY24 FY25

TTM

Cash from operations

6,602

6,489−1.7%

6,533

Net income

4,579

3,451−24.6%

—

Depreciation & amortization

2,519

2,643+4.9%

—

Stock-based compensation

316

332+5.1%

—

Working capital & other

(812)

63n/m

—

Cash from investing

(3,145)

(1,412)n/m

—

Capex

(1,931)

(1,694)n/m

—

Investments bought

(483)

(428)n/m

—

Other investing

(731)

710n/m

—

Cash from financing

(2,772)

(5,642)n/m

—

Debt raised

1,475

—

Debt repaid

(955)

(1,597)n/m

—

Dividends

(1,533)

(1,602)n/m

—

Buybacks

(1,737)

(2,414)n/m

—

Shares issued

7−75.9%

—

Other financing

(51)

(36)n/m

—

Net change in cash

685

(565)−182.5%

—

Free cash flow (OCF − capex)

4,671

4,795+2.7%

4,806

Where the cash went

FY24 FY25

TTM

Operating cash flow

6,602

6,489−1.7%

6,533

Reinvested in the business

1,931

1,694−12.3%

—

% of operating cash flow

29.2%

26.1%

Capex

1,931

1,694−12.3%

1,727

R&D (memo, already in costs)

749

709−5.3%

—

Free cash flow

4,671

4,795+2.7%

4,806

YoY

+2.7%

Returned to shareholders

3,270

4,016+22.8%

—

% of free cash flow

70.0%

83.8%

Dividends

1,533

1,602+4.5%

—

Buybacks

1,737

2,414+39.0%

—

Change in total debt

—

(1,281)

—

Cash left over

—

(502)

—

FCF conversion (FCF ÷ net income)

104.7%

142.1%+37.4 pp

—

Owner earnings

—

4,103

—

Owner earnings margin

—

11.5%

—

Buyback yield

3.2%

4.2%+1.0 pp

—

Returns & ratios

FY24 FY25

TTM

Debt / equity

0.52x

0.37x−0.15x

—

ROE

21.1%

12.9%−8.2 pp

—

ROA

9.1%

6.1%−3.0 pp

—

Invested capital (operating)

9,370

10,125+8.1%

—

Invested capital (all)

27,484

31,639+15.1%

—

Income

Sep '25

Dec '25

Mar '26

Jun '26

Revenue

8,928

9,744

8,721

8,972

vs year-ago quarter

Net income

739

824

752

786

vs year-ago quarter

Net margin

8.3%

8.5%

8.6%

8.8%

EPS (diluted, $)

0.50

0.55

0.50

0.52

vs year-ago quarter

Balance sheet

Sep '25

Dec '25

Mar '26

Jun '26

Total assets

55,093

54,868

54,526

55,532

Cash & equivalents

3,014

4,212

2,819

2,743

Total debt

10,843

9,742

9,670

11,140

Shareholders’ equity

25,635

26,109

26,177

26,074

Cash flow

Sep '25

Dec '25

Mar '26

Jun '26

Operating cash flow

1,682

3,005

487

1,359

Capex

409

516

343

459

Free cash flow

1,273

2,489

144

900

vs year-ago quarter