SLBSchlumberger

$48.95+44% 1Y

Is the business good?

Mixed

The checks split: nothing decisive, though margins widening.

1 good, 1 neutral, 2 without data
Margin direction, 3 years+9.2 pts

Positive operating leverage, operating profit is growing faster than sales, so margins widen as the business scales.

Where ROE comes from6% ROA

A balanced mix of margins, efficiency, and leverage. ROE 13% = margin × turnover × leverage.

All from derived.

Against the whole market›

Percentile against every name Ryufin tracks. Higher is better; the tick marks the middle of the market. Context, not one of the checks above.

FCF conversionbetter than 77% of the market

Where this answer is blind. The F-score rewards improvement, so an already-elite company can score mid-pack.

How good a business is SLB?

Schlumberger keeps 8.5% of every revenue dollar as profit after everything, against 5.9% for the median Oil & Gas Equipment & Services name.

8.5%

Net margin · Oil & Gas Equipment & Services median 5.9% · 12 months to Q2 2026

Share count, year on year
+10%

Share count, year on year · shareholders own a smaller slice than a year ago

R&D as % of revenue
1.9%

R&D as % of revenue

Operating margin by fiscal year
YearOperating margin
FY202010%
FY202115%
FY202218%
FY202320%
Details›
Net margin12 months to Q2 2026
8.5%
Free cash flow margin
13%
R&D as % of revenue
1.9%
Revenue, trailing twelve months
$36.4B
Free cash flow, trailing twelve months
$4.81B
Net income, trailing twelve months
$3.10B

Margins, capital and share counts from the statements as filed with the SEC; cash conversion is operating cash flow over operating profit after tax.