SLB vs. TS: SLB vs. Tenaris Stock Comparison
How do SLB (SLB) and Tenaris (TS) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
SLB (SLB) and Tenaris (TS) are both classified in the Oil & Gas Equipment & Services sub-industry within the broader Energy Equipment & Services industry, placing them in the closest GICS peer bucket.
SLB (SLB) trades as ordinary local shares, while Tenaris (TS) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | SLB | TS |
|---|---|---|
| Name | SLB N.V. | Tenaris S.A. American Depositary Shares |
| Country/Region | United States | Luxembourg |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Energy Equipment & Services | Energy Equipment & Services |
| GICS Sub-Industry | Oil & Gas Equipment & Services | Oil & Gas Equipment & Services |
| Market Capitalization | 73.68 billion USD | 29.71 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 31, 1981 | December 16, 2002 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | SLB | TS |
|---|---|---|
| Total Return (1Y) | 41.53% | 49.29% |
| Total Return (3Y, Annualized) | 1.23% | 24.84% |
| Total Return (5Y, Annualized) | 10.62% | 22.48% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | SLB | TS |
|---|---|---|
| Volatility (1Y, Annualized) | 37.07% | 29.07% |
| Beta (5Y) | 0.80 | 0.88 |
| Max Drawdown (5Y) | -46.63% | -33.71% |
| Avg. Volume (3M) | 12.57M | 1.24M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | SLB | TS |
|---|---|---|
| Sharpe Ratio (1Y) | 1.00 | 1.55 |
| Sortino Ratio (1Y) | 1.59 | 2.30 |
Profitability
ROE (TTM)
Both SLB (SLB) at 11.66% and Tenaris (TS) at 11.86% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
SLB
Energy industry group
11.66%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- SLB
- 11.66%
- Q1
- 2.03%
- Min
- -29.09%
TS
Energy industry group
11.86%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TS
- 11.86%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both SLB (SLB) at 8.40% and Tenaris (TS) at 16.24% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
SLB
Energy industry group
8.40%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- SLB
- 8.40%
- Q1
- 0.07%
- Min
- -27.38%
TS
Energy industry group
16.24%
- Max
- 56.92%
- Q3
- 22.92%
- TS
- 16.24%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Both SLB (SLB) at 14.03% and Tenaris (TS) at 19.26% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.
SLB
Energy industry group
14.03%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- SLB
- 14.03%
- Q1
- 6.94%
- Min
- -24.52%
TS
Energy industry group
19.26%
- Max
- 71.31%
- Q3
- 33.75%
- TS
- 19.26%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | SLB | TS |
|---|---|---|
| ROE (TTM) | 11.66% | 11.86% |
| ROA (TTM) | 5.72% | 6.69% |
| Net Margin (TTM) | 8.40% | 16.24% |
| Operating Margin (TTM) | 14.03% | 19.26% |
| Gross Margin (TTM) | 16.59% | 38.54% |
Growth
Revenue Growth
Both SLB (SLB) at -1.60% and Tenaris (TS) at -4.33% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both SLB (SLB) at -24.44% and Tenaris (TS) at 1.11% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | SLB | TS |
|---|---|---|
| Revenue Growth (YoY) | -1.60% | -4.33% |
| Revenue Growth (3Y CAGR) | 8.33% | 0.62% |
| EPS Growth (YoY) | -24.44% | 1.11% |
| EPS Growth (3Y CAGR) | -0.56% | -5.38% |
Financial Strength
Current Ratio (MRQ)
SLB (SLB) at 1.39 keeps current ratio within its industry’s typical mid-range, while Tenaris (TS) at 3.25 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
SLB
Energy industry group
1.39
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- SLB
- 1.39
- Q1
- 0.88
- Min
- 0.24
TS
Energy industry group
3.25
- Max
- 3.64
- TS
- 3.25
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Tenaris (TS) at 0.03 keeps leverage in the lower industry quartile, while SLB (SLB) at 0.47 runs a more typical debt-to-equity mix.
SLB
Energy industry group
0.47
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- SLB
- 0.47
- Q1
- 0.30
- Min
- 0.00
TS
Energy industry group
0.03
- Max
- 1.75
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- TS
- 0.03
- Min
- 0.00
Financial Strength Metrics
| Metric | SLB | TS |
|---|---|---|
| Current Ratio (MRQ) | 1.39 | 3.25 |
| Debt / Equity (MRQ) | 0.47 | 0.03 |
| Net Debt / EBITDA | 1.25 | -0.90 |
Dividends
Dividend Yield (TTM)
Both SLB (SLB) at 2.36% and Tenaris (TS) at 2.11% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.
SLB
Energy industry group
2.36%
- Max
- 8.57%
- Q3
- 3.58%
- SLB
- 2.36%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
TS
Energy industry group
2.11%
- Max
- 8.57%
- Q3
- 3.58%
- TS
- 2.11%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Tenaris (TS) at 45.64% pays out a band-typical share of earnings, while SLB (SLB) at 56.80% distributes more than its industry norm — less retained, thinner cover.
SLB
Energy industry group
56.80%
- Max
- 133.24%
- SLB
- 56.80%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
TS
Energy industry group
45.64%
- Max
- 133.24%
- Q3
- 53.31%
- TS
- 45.64%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | SLB | TS |
|---|---|---|
| Dividend Yield (TTM) | 2.36% | 2.11% |
| Dividend Payout Ratio (TTM) | 56.80% | 45.64% |
Valuation
P/E Ratio (TTM)
Tenaris (TS) at 15.09 is near its industry’s usual P/E ratio, while SLB (SLB) at 24.23 sits in the richer quartile — SLB needs stronger growth or earnings quality to justify the premium.
SLB
Energy industry group
24.23
- Max
- 39.54
- SLB
- 24.23
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
TS
Energy industry group
15.09
- Max
- 39.54
- Q3
- 21.72
- TS
- 15.09
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
On P/S ratio, both SLB (SLB) at 2.00 and Tenaris (TS) at 2.44 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.
SLB
Energy industry group
2.00
- Max
- 5.40
- Q3
- 2.85
- SLB
- 2.00
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
TS
Energy industry group
2.44
- Max
- 5.40
- Q3
- 2.85
- TS
- 2.44
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Both SLB (SLB) at 2.83 and Tenaris (TS) at 3.53 carry a premium to book value versus peers, sitting in the upper P/B ratio quartile of their industries.
SLB
Energy industry group
2.83
- Max
- 4.21
- SLB
- 2.83
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
TS
Energy industry group
3.53
- Max
- 4.21
- TS
- 3.53
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | SLB | TS |
|---|---|---|
| P/E Ratio (TTM) | 24.23 | 15.09 |
| P/S Ratio (TTM) | 2.00 | 2.44 |
| P/B Ratio (MRQ) | 2.83 | 3.53 |
| Free Cash Flow Yield (TTM) | 4.18% | 6.50% |