Is the business good?
How good a business is SLB?
Schlumberger keeps 8.5% of every revenue dollar as profit after everything, against 7.2% for the median Oil & Gas Equipment & Services name.
8.5%
Net margin · Oil & Gas Equipment & Services median 7.2% · 12 months to Q2 2026
- Cash conversion
- 1.55×
Cash conversion · 1.17× a year ago · every dollar of reported profit arrived as cash, and more
- 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
| Year | Operating margin |
|---|---|
| FY2020 | 10% |
| FY2021 | 15% |
| FY2022 | 18% |
| FY2023 | 20% |
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 from the cash flow statement.
Oil & Gas Equipment & Services
Ranks #10 of 27 by Smart Score