SLB (SLB) Stock Analysis

November 11, 2026

This is a peer-relative look at SLB (SLB): its performance, risk, profitability, growth, financial strength, dividend, and valuation are each measured against its Energy peers, so every number reads in context rather than in isolation.

Company Profile

Company profile fields for SLB (SLB)
Profile Item	SLB
Name	SLB N.V.
Country/Region	United States
GICS Sector	Energy
GICS Industry Group	Energy
GICS Industry	Energy Equipment & Services
GICS Sub-Industry	Oil & Gas Equipment & Services
Market Capitalization	73.68 billion USD
Currency	USD
Exchange	NYSE
Listing Date	December 31, 1981
Security Type	Common Stock

Price Performance

Cumulative Growth

SLB

GSPC

SLB (SLB) vs. S&P 500 (GSPC): Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

Loading price history…

Trailing total returns for SLB (SLB) and S&P 500 (GSPC). Returns over one year are annualized.

Calendar-Year Returns

Loading price history…

Calendar-year total returns for SLB (SLB) and S&P 500 (GSPC). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Total Return (1Y)	41.53%	32.08%
Total Return (3Y, Annualized)	1.23%	14.39%
Total Return (5Y, Annualized)	10.62%	15.43%

Risk Profile

Drawdown History

SLB

GSPC

SLB (SLB) vs. S&P 500 (GSPC): Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

Loading price history…

Distribution of monthly total returns for SLB (SLB) and S&P 500 (GSPC). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Volatility (1Y, Annualized)	37.07%	41.29%
Beta (5Y)	0.80	0.66
Max Drawdown (5Y)	-46.63%	-52.09%

Risk-Adjusted Performance

Risk-Return Positioning

Each dot is a stock plotted by 1-year volatility (risk) and 1-year return. SLB is highlighted; the dashed line is the Capital Allocation Line from the risk-free rate through the industry median — dots above it are stronger on a risk-adjusted basis.

Risk-Adjusted Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Sharpe Ratio (1Y)	1.00	0.67
Sortino Ratio (1Y)	1.59	1.01

Profitability

ROE (TTM)

SLB (SLB) posts ROE of 11.66%, roughly around the peer group’s normal range. Shareholders’ equity is producing a return that looks broadly typical for the industry.

SLB

Energy industry group

11.66%

Group distribution

Max: 53.85%
Q3: 24.79%
Median: 12.85%
SLB: 11.66%
Q1: 2.03%
Min: -29.09%

Largest peers

PBR: 30.27%
TTE: 17.83%
COP: 17.66%
SHEL: 17.43%
XOM: 15.53%
CVX: 13.85%
SLB: 11.66%

Where SLB (SLB) stands on ROE within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Net Margin (TTM)

SLB (SLB) keeps 8.40% of revenue as net profit, roughly in line with the peer group’s normal net margin range. Its full cost stack is taking a typical share of sales for the industry.

SLB

Energy industry group

8.40%

Group distribution

Max: 56.92%
Q3: 22.92%
Median: 10.10%
SLB: 8.40%
Q1: 0.07%
Min: -27.38%

Largest peers

PBR: 24.32%
COP: 16.76%
CVX: 11.92%
XOM: 10.46%
TTE: 10.46%
SHEL: 10.18%
SLB: 8.40%

Where SLB (SLB) stands on net margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Operating Margin (TTM)

SLB (SLB) turns 14.03% of revenue into operating profit, roughly in line with the peer group’s normal operating margin range. Its core cost structure looks typical for the industry.

SLB

Energy industry group

14.03%

Group distribution

Max: 71.31%
Q3: 33.75%
Median: 18.73%
SLB: 14.03%
Q1: 6.94%
Min: -24.52%

Largest peers

PBR: 44.68%
COP: 30.05%
TTE: 24.51%
SHEL: 18.76%
CVX: 17.89%
XOM: 16.98%
SLB: 14.03%

Where SLB (SLB) stands on operating margin within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Profitability Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
ROE (TTM)	11.66%	12.85%
ROA (TTM)	5.72%	5.49%
Net Margin (TTM)	8.40%	10.10%
Operating Margin (TTM)	14.03%	18.73%
Gross Margin (TTM)	16.59%	44.52%

Growth

Revenue Growth

SLB (SLB) grew revenue -1.60%, roughly around the peer group's normal range. Top-line momentum looks broadly typical for the industry.

SLB (SLB): Revenue Growth across different time periods, set against Energy industry-group medians.

EPS Growth

SLB (SLB) grew earnings per share -24.44%, roughly around the peer group's normal range. Bottom-line momentum looks broadly typical for the industry.

SLB (SLB): EPS Growth across different time periods, set against Energy industry-group medians.

Growth Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Revenue Growth (YoY)	-1.60%	0.51%
Revenue Growth (3Y CAGR)	8.33%	0.37%
EPS Growth (YoY)	-24.44%	-11.75%
EPS Growth (3Y CAGR)	-0.56%	-12.07%

Financial Strength

Current Ratio (MRQ)

SLB (SLB) has current ratio of 1.39, in the healthier middle range for its industry. The short-term asset cushion looks balanced relative to peers rather than stretched thin.

SLB

Energy industry group

1.39

Group distribution

Max: 3.64
Q3: 2.21
Median: 1.41
SLB: 1.39
Q1: 0.88
Min: 0.24

Largest peers

COP: 1.52
SLB: 1.39
SHEL: 1.38
CVX: 1.34
XOM: 1.19
TTE: 1.11
PBR: 0.85

Where SLB (SLB) stands on current ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Debt / Equity (MRQ)

SLB (SLB) has debt-to-equity ratio of 0.47, roughly in line with the peer group’s normal leverage range. Its mix of debt and equity looks typical for the industry.

SLB

Energy industry group

0.47

Group distribution

Max: 1.75
Q3: 0.93
Median: 0.54
SLB: 0.47
Q1: 0.30
Min: 0.00

Largest peers

PBR: 0.76
SLB: 0.47
TTE: 0.46
SHEL: 0.38
COP: 0.35
CVX: 0.17
XOM: 0.13

Where SLB (SLB) stands on debt-to-equity ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Financial Strength Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Current Ratio (MRQ)	1.39	1.41
Debt / Equity (MRQ)	0.47	0.54
Net Debt / EBITDA	1.25	1.13

Dividends

Dividend Yield (TTM)

SLB (SLB) has dividend yield of 2.36%, in the industry’s normal income range. It provides a meaningful dividend without the red flag of an unusually high headline yield.

SLB

Energy industry group

2.36%

Group distribution

Max: 8.57%
Q3: 3.58%
SLB: 2.36%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Largest peers

PBR: 19.51%
TTE: 4.58%
CVX: 3.31%
XOM: 2.49%
COP: 2.48%
SLB: 2.36%
SHEL: 1.54%

Where SLB (SLB) stands on dividend yield within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Payout Ratio (TTM)

SLB (SLB) has payout ratio of 56.80%, above the industry’s usual payout band. A larger share of earnings is going to dividends, so the cushion narrows if profit weakens.

SLB

Energy industry group

56.80%

Group distribution

Max: 133.24%
SLB: 56.80%
Q3: 53.31%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Largest peers

SLB: 56.80%
CVX: 51.76%
XOM: 42.39%
TTE: 39.93%
COP: 35.41%
PBR: 28.93%
SHEL: 26.24%

Where SLB (SLB) stands on payout ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Dividend Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
Dividend Yield (TTM)	2.36%	1.71%
Dividend Payout Ratio (TTM)	56.80%	25.24%

Valuation

P/E Ratio (TTM)

SLB (SLB) trades at P/E ratio of 24.23, in the richer earnings-multiple quartile for its industry. That premium needs support from growth, durable earnings, or stronger business quality.

SLB

Energy industry group

24.23

Group distribution

Max: 39.54
SLB: 24.23
Q3: 21.72
Median: 12.19
Q1: 7.71
Min: 2.99

Largest peers

SLB: 24.23
XOM: 17.06
CVX: 15.61
COP: 14.36
TTE: 8.76
SHEL: 8.60
PBR: 4.68

Where SLB (SLB) stands on P/E ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/S Ratio (TTM)

SLB (SLB) trades at 2.00 on P/S ratio, roughly in the peer group’s normal range. The market is not making a strong cheap-or-rich statement about its revenue base.

SLB

Energy industry group

2.00

Group distribution

Max: 5.40
Q3: 2.85
SLB: 2.00
Median: 1.69
Q1: 0.88
Min: 0.00

Largest peers

COP: 2.34
SLB: 2.00
CVX: 1.83
XOM: 1.74
TTE: 0.90
SHEL: 0.87
PBR: 0.22

Where SLB (SLB) stands on P/S ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

P/B Ratio (MRQ)

SLB (SLB) trades at 2.83 on P/B ratio, in the higher book-value quartile. The market is paying a premium to book, so stronger ROE, cleaner assets, or a better growth profile need to justify it.

SLB

Energy industry group

2.83

Group distribution

Max: 4.21
SLB: 2.83
Q3: 2.38
Median: 1.51
Q1: 1.08
Min: 0.01

Largest peers

SLB: 2.83
XOM: 2.55
COP: 2.44
CVX: 2.13
TTE: 1.46
SHEL: 1.43
PBR: 1.25

Where SLB (SLB) stands on P/B ratio within its Energy peer group — the box is the group’s distribution and the dots its largest members.

Valuation Metrics

SLB (SLB) metric values compared with Energy industry-group medians
Metric	Current stock: SLB	Industry group median
P/E Ratio (TTM)	24.23	12.19
P/S Ratio (TTM)	2.00	1.69
P/B Ratio (MRQ)	2.83	1.51
Free Cash Flow Yield (TTM)	4.18%	5.94%