SLB Stock Analysis: Schlumberger | NYSE
Oil & Gas Equipment & Services | NYSE, USA | Market Cap: 73.539m USD | 12M Return: 51% | AN8068571086 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 578M
EPS Trend: -70.5%
Qual. Beats: 2
Rev. Trend: 76.8%
Qual. Beats: 2
Warnings
No concerns identified
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
SLB N.V. (NYSE: SLB), formerly Schlumberger Limited until its October 2025 renaming, is a Houston-based, globally diversified provider of technology and services for the energy industry. Founded in 1926, the company operates through four reportable divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems.
SLBs offerings span the full upstream oil and gas lifecycle, including reservoir interpretation and data processing, drilling fluids, drill bits, measurement-while-drilling and logging-while-drilling services, hydraulic fracturing and matrix stimulation, intervention services, artificial lift, wellheads, and surface trees. Its OneSubsea business delivers integrated subsea production systems covering trees, manifolds, control systems, and connectors. The company is also positioning around carbon management and the integration of adjacent energy systems.
As a member of the GICS Oil & Gas Equipment & Services sub-industry, SLB sells hardware, software, and specialized services to exploration and production operators rather than producing hydrocarbons itself, so its revenue is largely tied to customer capital and operational spending on drilling and field development activity worldwide.
- Deepwater project sanctions accelerate across Brazil and West Africa
- North American rig count recovery lifts well construction revenue
- Capital returns expand through aggressive buybacks and dividend hikes
| Net Income: 3.08b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.08 > 0.02 and ΔFCF/TA -1.35 > 1.0 |
| NWC/Revenue: 16.99% < 20% (prev 12.45%; Δ 4.54% < -1%) |
| CFO/TA 0.12 > 3% & CFO 6.53b > Net Income 3.08b |
| Net Debt (8.73b) to EBITDA (7.15b): 1.22 < 3 |
| Current Ratio: 1.44 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.51b) vs 12m ago 10.91% < -2% |
| Gross Margin: 16.53% > 18% (prev 20.01%; Δ -3.48% > 0.5%) |
| Asset Turnover: 69.73% > 50% (prev 72.75%; Δ -3.02% > 0%) |
| Interest Coverage Ratio: 8.57 > 6 (EBIT TTM 4.39b / Interest Expense TTM 512.0m) |
| A: 0.11 (Total Current Assets 20.2b - Total Current Liabilities 14.1b) / Total Assets 55.5b |
| B: 0.34 (Retained Earnings 18.7b / Total Assets 55.5b) |
| C: 0.08 (EBIT TTM 4.39b / Avg Total Assets 52.2b) |
| D: 0.92 (Book Value of Equity 26.1b / Total Liabilities 28.3b) |
| Altman-Z'' = 3.36 = A |
| DSRI: 1.04 (Receivables 9.13b/8.59b, Revenue 36.4b/35.5b) |
| GMI: 1.21 (GM 20.01% / 16.53%) |
| AQI: 1.06 (AQ_t 0.50 / AQ_t-1 0.47) |
| SGI: 1.03 (Revenue 36.4b / 35.5b) |
| TATA: -0.06 (NI 3.08b - CFO 6.53b) / TA 55.5b) |
| Beneish M = -2.76 (Cap -4..+1) = A |
As of October 25, 2026, the stock is trading at USD 53.06 with a total of 19,041,356 shares traded. Over the past week, the price has changed by +7.19%, over one month by +2.29%, over three months by +12.95% and over the past year by +50.95%.
Current recommended Stop Loss: 51.20 (which is 3.5% or 1.2 ATR below the current price).
Schlumberger has received a consensus analysts rating of 4.40. Therefore, it is recommended to buy SLB.
- StrongBuy: 19
- Buy: 7
- Hold: 2
- Sell: 1
- StrongSell: 1
| Analysts Target Price | 62.3 | 17.4% |
P/E Trailing = 23.9372
P/E Forward = 15.949
P/S = 2.0222
P/B = 2.9664
P/EG = 1.374
Revenue TTM = 36.4b USD
EBIT TTM = 4.39b USD
EBITDA TTM = 7.15b USD
Long Term Debt = 11.1b USD (from longTermDebt, last quarter)
Short Term Debt = 1.66b USD (from shortTermDebt, last quarter)
Debt = 12.8b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.73b USD (calculated: Debt 12.8b - CCE 4.07b)
Enterprise Value = 82.3b USD (73.5b + Debt 12.8b - CCE 4.07b)
Interest Coverage Ratio = 8.57 (Ebit TTM 4.39b / Interest Expense TTM 512.0m)
EV/FCF = 18.06x (Enterprise Value 82.3b / FCF TTM 4.55b)
FCF Yield = 5.54% (FCF TTM 4.55b / Enterprise Value 82.3b)
FCF Margin = 12.52% (FCF TTM 4.55b / Revenue TTM 36.4b)
Net Margin = 8.46% (Net Income TTM 3.08b / Revenue TTM 36.4b)
Gross Margin = 16.53% ((Revenue TTM 36.4b - Cost of Revenue TTM 30.4b) / Revenue TTM)
Gross Margin QoQ = 15.55% (prev 15.26%)
Tobins Q-Ratio = 1.48 (Enterprise Value 82.3b / Total Assets 55.5b)
Interest Expense / Debt = 4.00% (Interest Expense 512.0m / Debt 12.8b)
Taxrate = 18.99% (744.0m / 3.92b)
NOPAT = 3.55b (EBIT 4.39b * (1 - 18.99%))
Current Ratio = 1.44 (Total Current Assets 20.2b / Total Current Liabilities 14.1b)
Debt / Equity = 0.49 (Debt 12.8b / totalStockholderEquity, last quarter 26.1b)
Debt / EBITDA = 1.22 (Net Debt 8.73b / EBITDA 7.15b)
Debt / FCF = 1.92 (Net Debt 8.73b / FCF TTM 4.55b)
Total Stockholder Equity = 26.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 5.90% (Net Income 3.08b / Total Assets 55.5b)
RoE = 11.84% (Net Income TTM 3.08b / Total Stockholder Equity 26.0b)
RoCE = 11.81% (EBIT 4.39b / Capital Employed (Equity 26.0b + L.T.Debt 11.1b))
RoIC = 8.60% (NOPAT 3.55b / Invested Capital 41.3b)
WACC = 7.46% (E(73.5b)/V(86.3b) * Re(8.20%) + D(12.8b)/V(86.3b) * Rd(4.00%) * (1-Tc(0.19)))
Discount Rate = 8.20% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 54.81 | Cagr: 2.06%
[DCF] Terminal Value 75.14% ; FCFF base≈4.59b ; Y1≈4.53b ; Y5≈4.62b
[DCF] Fair Price = 42.77 (EV 72.2b - Net Debt 8.73b = Equity 63.5b / Shares 1.48b; r=8.35% [WACC [floored]]; 5y FCF grow -2.19% → 2.50% )
EPS Correlation: -70.47 | EPS CAGR: -8.12% | SUE: 1.16 | # QB: 2
Revenue Correlation: 76.79 | Revenue CAGR: 3.44% | SUE: 4.0 | # QB: 2
EPS current Year (2026-12-31): EPS=2.47 | Chg30d=-1.43% | Revisions=-75% | GrowthEPS=-15.8% | GrowthRev=+3.3%
EPS next Year (2027-12-31): EPS=3.15 | Chg30d=-1.45% | Revisions=-10% | GrowthEPS=+27.8% | GrowthRev=+7.1%
[Analyst] Revisions Ratio: -53% (up=3, down=13)