Stock · SLB · Energy

SLB N.V.

United States · Large Cap · listed since 1981 · Revenue 12 mo. $36.9B

Price as of 11/06/2026

StockScorer score
7.3
of 10 8 of 11 points High Match To the score
Price
$49.92
1 Y +27.7%
Market cap
$73.9B
Phase
Payout
core business profitable, at least half of operating cash flow goes to shareholders
Revenue +8.3% a year (3 years)EBIT margin 15.3%Payout 63.9% of operating cash flow

SLB N.V. engages in the provision of technology for the energy industry worldwide.

moreless

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.

Original text from the data provider

Summary

SLB N.V. is around the middle of the Energy sector overall

56.3 of 100

Mean of the six area values. Each area value is the mean of the stock's ranks among the companies in its sector. 50 is the middle of the sector, not a share of companies beaten.

Analysis

What the price requires

The price requires 5.4% FCF growth a year: more than over the last 10 years, less than over the last 5 years.

If free cash flow stays at €4.1B (2025), it supports €45.3B. The remaining €21.1B of the market value assume it grows 5.4% a year for 10 years and not at all afterwards.

Required FCF growth per year

5.4%

no growth afterwards

Market value breakdown€66.4B market value, price as of 11/06/2026

€45.3B without growth
€21.1B priced-in growth
  • 5 yrs achieved 23.5%
  • 10 yrs achieved 1.0%
  • priced in 5.4%

Valuation against its own history

Price to operating cash flow 11.7×, within its usual range.

Middle half of 20 quarters: 8.8× to 13.7×, median 11.4×.

Measures only against its own past, not against what the company is worth. Price as of 11/06/2026.

1 sign supports the expectation, 4 speak against it.

What supports it

with respect to the priced-in expectation

  • Steady FCF margin at least 7.1%, range 8.0 pp (10 years)

What speaks against it

with respect to the priced-in expectation

  • Earnings declined earnings −24.9% year on year
  • Share count rising despite money spent on own shares shares +3.6% year on year
  • EBIT margin falling for three quarters −2.7 pp over the last four reports
1 more
  • Volatile earnings 3 drops or sign changes in up to 10 years

Since the last quarter

Q2 → Q3 2026

A mixed quarter: 1 figure better, 1 worse.

  • Shares outstanding1.52B → 1.50B−1.2%better
  • Return on equity11.8% → 8.3%−3.5 ppworse

6 more unchanged: Revenue, 12 mo., FCF, 12 mo., Gross margin, EBIT margin, FCF margin, Net debt

Derivation

How the sector comparison is derived

Each area value is the average of its metrics' ranks within the sector (0 to 100, 50 is the middle). For metrics where lower is better, the rank is mirrored. The overall value is the average of the area values.

Price as of 11/06/2026.

Profitability61.6above the middleEarns more than the sector: Return on capital (Greenblatt) 40.22%, sector 11.00%.
MetricStockSector medianPosition in sector
Return on equity12.83%11.63%Rank 60
Return on capital (Greenblatt)40.22%11.00%Rank 94
EBIT margin15.28%14.02%Rank 51
FCF margin12.72%7.36%Rank 69
Gross margin18.21%23.60%Rank 34
Growth50.1around the middleGrows about as fast as the sector.
MetricStockSector medianPosition in sector
Revenue growth, 1 year−1.60%−1.93%Rank 51
Earnings growth, 3 years per year−2.03%−10.72%Rank 66
Earnings growth, 5 years per yeardoes not count towards the rank–14.99%
Sustainable growth (ROE × retained earnings)5.45%9.68%Rank 33
Valuation52.8around the middleValued about like the sector.
MetricStockSector medianPosition in sector
Earnings yield4.51%4.80%Rank 41
FCF yield6.14%5.05%Rank 65
EV/saleslower is better2.302.31Rank 51
EV/EBITlower is better15.0415.16Rank 54
Momentum53.6around the middleShare price moving about like the sector.
MetricStockSector medianPosition in sector
Share price, 1 year27.69%14.27%Rank 65
Share price, 6 months−5.81%−0.91%Rank 39
Share price, 3 months3.92%2.95%Rank 57
Distance from 52-week high−16.94%−17.83%Rank 53
Quality67.7above the middleQuality above the sector: Price reaction to results, market-adjusted 7.58%, sector 0.36%.
MetricStockSector medianPosition in sector
Accruals (Sloan)lower is better−3.33%0.88%Rank 87
Change in share countlower is better3.62%−0.04%Rank 18
Dividend streak in years43Rank 67
Price reaction to results, market-adjusted7.58%0.36%Rank 99
Balance sheet & risk52.0around the middleRisk about like the sector.
MetricStockSector medianPosition in sector
Equity ratio47.59%41.22%Rank 64
Net debt/EBITDAlower is better1.101.33Rank 57
Debt to equitylower is better0.470.69Rank 63
Volatility, 1 yearlower is better36.72%31.61%Rank 24

Ten years in figures

Revenue from $27.8B (2016) to $35.7B (2025), 2.8% a year.

Fiscal years, amounts in USD
YearRevenue, $BEBIT marginFCF, $BSharesNet debt, $B
201627.88.2%3.61.36B16.7
201730.48.8%3.31.39B16.4
201832.89.7%3.51.39B14.6
201932.9−1.5%3.51.39B14.2
202023.67.0%1.71.39B16.0
202122.912.1%3.51.43B12.4
202228.114.8%2.01.44B10.6
202333.116.6%4.51.44B9.1
202436.317.4%4.51.44B8.5
202535.715.3%4.51.49B9.3
7.3 / 10High MatchStockScorer score8 of 11 points

5 of 7 StockScorer Score rules met · How the score is built

SLB N.V. mainly meets criteria in the Profitability category. Result from 18 strategies checked.

This stock · Profitability: 100%This stock · Growth: 0%This stock · Valuation: 100%This stock · Momentum: 100%Median of all stocks · Profitability: 33%Median of all stocks · Growth: 0%Median of all stocks · Valuation: 0%Median of all stocks · Momentum: 0%50%100%ProfitabilityGrowthValuationMomentumThis stockMedian of all stocks

How SLB N.V.'s score is built

SLB N.V. is rated here with the StockScorer Score strategy, the flagship rule set. It compares return and cash-flow metrics with the median of the company's own sector and checks growth and price trend.

5 of 7 rules met

8 of 11 points

  1. Free cash flow yield above the sector medianmet2 of 2 points
  2. Return on capital (Greenblatt ROC) above the sector medianmet2 of 2 points
  3. Return on equity above the sector medianmet1 of 1 point
  4. Free cash flow margin above the sector medianmet2 of 2 points
  5. Revenue growth above 15%not met0 of 2 points
  6. 3-year earnings growth above 12% p.a.not met0 of 1 point
  7. 12-month share price more than 20 percentage points ahead of the marketmet1 of 1 point
  8. Exclusion: financial and real estate stocksdoes not apply

Detail data

How does SLB N.V. stock perform across 18 strategies?

Excerpt from 18 strategies checked. The full evaluation is visible after a free sign-up.

12 more strategies locked

With a free account, you can see the match across all strategies checked in one complete overview.

  • Magic Formula: Value + Quality
  • Moat Quality
  • Defensive: Low Volatility
  • Growth Momentum (CAN SLIM principle)
  • Acquirer's Multiple: EV/EBIT Deep Value
  • Dividend Aristocrats & Continuity
  • Balanced GARP
  • High-Growth / Rule of 40
  • Levermann Strategy (13 Criteria)
  • PEG Strategy (inspired by Peter Lynch)
  • Trending Value: Value + Momentum
  • Undervalued Stocks: Multi-Factor Check

SLB N.V. key metrics: P/E, P/B and equity ratio

Selected fundamental metrics for SLB N.V.

MetricStockSector
P/E ratio22.220.0
P/B ratio2.82.3
Return on equity (ROE)12.8%11.6%
Equity ratio47.6%41.2%
Debt-to-equity (D/E)0.470.69
Dividend yield2.3%3.5%

Similar stocks in Energy

How comparable stocks in the same sector score in the StockScorer model.

SymbolCompanyRating
SLBSLB N.V.this page
BKRBaker Hughes CoHigh6.4
HALHalliburton CompanyHigh6.4
TEN.MITenaris S.Alocked
FTITechnipFMC PLClocked
002353.SZYantai Jereh Oilfield Services Group Co Ltdlocked

Frequently asked questions about SLB N.V. stock

How does SLB N.V. stock (SLB) score in the StockScorer model?
SLB N.V. stock reaches a StockScorer score of 7.3 out of 10, which is a high match with the rule-based strategies. 5 out of 7 flagship profile rules are met.
What is SLB N.V.'s P/E ratio?
SLB N.V.'s P/E ratio is 22.2. The Energy sector median is 20.0.
What sector is SLB N.V. in?
SLB N.V. is assigned to the Energy sector. Its rank within the sector is 56.3 out of 100: 100 means the stock leads its peer group of large and mid-cap sector stocks in every measured area.

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