Schlumberger (SLB) stock
Energy · Oil & Gas Equipment & Services
Schlumberger (SLB) is an Oil & Gas Equipment & Services company in the Energy sector, headquartered in Houston, Texas. As of October 23, 2026, SLB closed at $53.06, a market capitalization of $78.32 billion, the 165th largest company in the S&P 500. Over the last twelve months it generated $36.89 billion in revenue (+6% year over year) and $4.55 billion in free cash flow. The stock trades at 25.6x trailing earnings and 16.9x forward earnings.
- 1-year total return: +51.0% (dividends reinvested)
- 5-year return: +11.8% a year
- 52-week range: $34.65 – $60.46
- Gross margin 16.6%, operating margin 12.1%
- Dividend yield: 2.22%, 4 straight years of increases
- FI Handbook report card: C across 10 metrics
- 9th largest of 21 Energy stocks in the S&P 500
SLB price chart
1Y price change: +47.3% (price only; total returns below include dividends)
| Total return | 1M | YTD | 1Y | 3Y | 5Y | 10Y | MAX |
|---|---|---|---|---|---|---|---|
| SLB | +2.3% | +40.5% | +51.0% | -0.9% | +11.8% | -1.3% | +5.5% |
Dividends reinvested. 3Y and longer are annualized; MAX is annualized since 1981.
SLB key statistics
- Market cap
- $78.3B
- #165 in S&P 500
- P/E (TTM)
- 25.6x
- Forward P/E
- 16.9x
- EPS (TTM)
- $2.07
- Revenue (TTM)
- $36.9B
- +6%
- Free cash flow
- $4.6B
- Gross margin
- 16.6%
- Operating margin
- 12.1%
- Return on equity
- 11.7%
- Dividend yield
- 2.22%
- 52-week range
- $34.65 – $60.46
- Beta
- 0.84
- Price / sales
- 2.1x
- EV / EBITDA
- 12.1x
- Debt / equity
- 0.47x
- Employees
- 109,000
SLB report card
CTen fundamentals graded A to F against fixed thresholds. Not a buy or sell rating.
- Revenue growth5.8%C
- Gross margin16.6%D
- Operating margin12.1%C
- FCF margin12.3%C
- Return on equity11.7%C
- Net debt / EBITDA1.3xC
- Forward P/E16.9xB
- PEG ratio1.4xB
- Shareholder yield2.2%C
- Share count change / yr0.7%D
SLB financials
Revenue went from $27.8B in fiscal 2016 to $35.7B in fiscal 2025, growing 2.8% a year.
| Fiscal year | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $27.8B | $30.4B | $32.8B | $32.9B | $23.6B | $22.9B | $28.1B | $33.1B | $36.3B | $35.7B |
| Gross profit | $20.8B | $22.1B | — | — | — | — | — | — | — | — |
| Operating income | $3.3B | $3.9B | $4.2B | $4.0B | $2.4B | $3.4B | $5.0B | $6.5B | — | — |
| Net income | -$1.7B | -$1.5B | $2.1B | -$10.1B | -$10.5B | $1.9B | $3.4B | $4.2B | $4.5B | $3.4B |
| EPS (diluted) | $-1.24 | $-1.08 | $1.53 | $-7.32 | $-7.57 | $1.32 | $2.39 | $2.91 | $3.11 | $2.35 |
| Free cash flow | $4.2B | $3.6B | $3.6B | $3.7B | $1.8B | $3.5B | $2.1B | $4.7B | $4.7B | $4.8B |
| Dividends paid | $2.6B | $2.8B | $2.8B | $2.8B | $1.7B | $699.0M | $848.0M | $1.3B | $1.5B | $1.6B |
| Diluted shares | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B | 1.4B |
Source: SEC filings (10-K XBRL). EPS and share counts are split-adjusted.
What's priced into SLB?
A reverse DCF asks what growth the current price requires. With an enterprise value of $87.6B and $4.6B of trailing free cash flow, SLB needs to grow free cash flow about 9.6% a year for ten years (fading to 3.0% terminal growth) to earn a 10% annual return. For context, free cash flow grew 21.3% a year over the last five years.
P/E ratio history
Current 22.6x vs. median 20.7x (10th–90th percentile 12.5x–37.3x).
A model, not a forecast or advice. Small changes in assumptions move the answer a lot.
SLB dividend
- Dividend yield
- 2.22%
- Annual dividend
- $1.18
- Years of increases
- 4
- 5-yr dividend growth
- 24.9%
- per year
- Payout ratio
- 56%
- Payments per year
- 4
Regular dividends per share by calendar year; special dividends excluded. Current year omitted until complete.
SLB earnings
Next report: January 22, 2027. SLB has beaten EPS estimates 6 quarters in a row.
| Report date | EPS estimate | EPS actual | Surprise |
|---|---|---|---|
| Oct 23, 2026 | $0.61 | $0.64 | +4.1% |
| Jul 24, 2026 | $0.52 | $0.55 | +6.3% |
| Apr 24, 2026 | $0.51 | $0.52 | +1.1% |
| Jan 23, 2026 | $0.74 | $0.78 | +5.0% |
| Oct 17, 2025 | $0.66 | $0.69 | +4.0% |
| Jul 18, 2025 | $0.73 | $0.74 | +1.7% |
| Apr 25, 2025 | $0.73 | $0.72 | -1.3% |
| Jan 17, 2025 | $0.90 | $0.92 | +2.0% |
Stocks like SLB
| Name | Today | 1Y | Mkt cap | P/E | |
|---|---|---|---|---|---|
 BKR Baker Hughes | +4.18% | +16% | $55.5B | 18.0x | Compare |
 HAL Halliburton | +5.21% | +31% | $28.9B | 26.3x | Compare |
 XOM ExxonMobil | +2.79% | +63% | $753.3B | 23.6x | Compare |
 CVX Chevron | +2.88% | +55% | $457.5B | 22.4x | Compare |
 COP ConocoPhillips | +3.55% | +73% | $181.2B | 20.0x | Compare |
 MPC Marathon Petroleum | -0.45% | +137% | $128.4B | 15.8x | Compare |
 VLO Valero Energy | -1.64% | +147% | $120.7B | 9.5x | Compare |
 PSX Phillips 66 | -0.51% | +115% | $113.5B | 16.2x | Compare |
SLB news
- SLB (SLB) Opens Canada Facility After Data Center Win Changed The Story · Oct 24, 2026
- Why SLB (SLB) stock is up today · Oct 24, 2026
- SLB (SLB) Q3 2026 Earnings Call Transcript · Oct 23, 2026
- SLB Earnings Beat Forecasts as Middle East Drilling Rebounds · Oct 23, 2026
- What SLB (SLB) Said on Its Q3 Earnings Call · Oct 23, 2026
SLB stock FAQ
What is SLB's market cap?
Schlumberger's market capitalization is $78.32 billion as of October 23, 2026, ranking 165th in the S&P 500.
What is SLB's P/E ratio?
SLB trades at a trailing price-to-earnings ratio of 25.6x and a forward P/E of 16.9x. Its median P/E over the period we track is 20.7x.
Does SLB pay a dividend?
Yes. Schlumberger pays $1.18 per share a year, a 2.22% yield. It has raised its dividend 4 years in a row. Dividends grew 24.9% a year over the last five years.
How much has SLB stock returned?
Including reinvested dividends, SLB returned +51.0% over one year, +11.8% a year over five years, -1.3% a year over ten years through October 23, 2026.
Is SLB stock overvalued?
At today's price, a reverse discounted cash flow model (10% discount rate, 3% terminal growth) implies Schlumberger must grow free cash flow about 10% a year for the next decade. Its free cash flow grew 21% a year over the last five years. Whether that is achievable decides if the stock is cheap or expensive. This is a model, not advice.
When does SLB report earnings?
Schlumberger is expected to report earnings on January 22, 2027. It has beaten EPS estimates 6 quarters in a row.
How many employees does Schlumberger have?
Schlumberger has about 109,000 full-time employees, or $338,413 of revenue per employee.
Sources: SEC EDGAR filings, Yahoo Finance market data (delayed), FI Handbook calculations. Last close October 23, 2026. Methodology