SLB (SLB N.V.) Stock Financials & Earnings | Market Cap Arena

SLB (SLB N.V.) Stock Financials & Earnings | Market Cap Arena

SLBSLB N.V.

Mkt Cap$72B

Energy·Oil & Gas Equipment & Services·🇺🇸 United States·NYSE

Revenue (TTM)$35.7B

Net Income (TTM)$3.4B

EPS (TTM)$2.35

Free Cash Flow (TTM)$4.8B

Gross Margin18.2%

Op. Margin15.3%

Net Margin9.4%

FCF Margin13.4%

P/S Ratio (TTM)2.0x

P/E Ratio (TTM)21.5x

YoY Rev Growth-1.6%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$7.7B	$1.5B	$1.2B
Q2 23	$8.1B	$1.6B	$1.3B
Q3 23	$8.3B	$1.7B	$1.5B
Q4 23	$9.0B	$1.8B	$1.5B
Q1 24	$8.7B	$1.7B	$1.4B
Q2 24	$9.1B	$1.9B	$1.6B
Q3 24	$9.2B	$1.9B	$1.6B
Q4 24	$9.3B	$2.0B	$1.7B
Q1 25	$8.5B	$1.6B	$1.3B
Q2 25	$8.5B	$1.6B	$1.3B
Q3 25	$8.9B	$1.6B	$1.3B
Q4 25	$9.7B	$1.7B	$1.5B

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	2.4x	18.7x
Q2 23	2.3x	18.3x
Q3 23	2.3x	17.4x
Q4 23	2.2x	17.2x
Q1 24	2.1x	16.6x
Q2 24	2.1x	16.3x
Q3 24	2.0x	16.1x
Q4 24	2.0x	16.2x
Q1 25	2.0x	17.2x
Q2 25	2.0x	17.6x
Q3 25	2.0x	19.8x
Q4 25	2.0x	21.5x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$330M	-$132M
Q2 23	$1.6B	$1.1B
Q3 23	$1.7B	$1.1B
Q4 23	$3.0B	$2.4B
Q1 24	$327M	-$101M
Q2 24	$1.4B	$911M
Q3 24	$2.4B	$1.8B
Q4 24	$2.4B	$1.7B
Q1 25	$660M	$262M
Q2 25	$1.1B	$822M
Q3 25	$1.7B	$1.2B
Q4 25	$3.0B	$2.5B

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$462M
Q2 23	$471M
Q3 23	$585M
Q4 23	$626M
Q1 24	$428M
Q2 24	$525M
Q3 24	$601M
Q4 24	$666M
Q1 25	$398M
Q2 25	$320M
Q3 25	$460M
Q4 25	$516M

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+29.8%	+24.7%
Q2 23	+19.6%	+16.4%
Q3 23	+11.1%	+8.9%
Q4 23	+14.1%	+13.5%
Q1 24	+12.6%	+11.6%
Q2 24	+12.8%	+11.6%
Q3 24	+10.2%	+9.5%
Q4 24	+3.3%	+1.6%
Q1 25	-2.5%	-2.2%
Q2 25	-6.5%	-4.5%
Q3 25	-2.5%	+1.3%
Q4 25	+5.0%	+9.1%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$81M	1.0%
Q2 23	$79M	1.0%
Q3 23	$58M	0.7%
Q4 23	$75M	0.8%
Q1 24	$100M	1.1%
Q2 24	$73M	0.8%
Q3 24	$71M	0.8%
Q4 24	$72M	0.8%
Q1 25	$91M	1.1%
Q2 25	$77M	0.9%
Q3 25	$89M	1.0%
Q4 25	$75M	0.8%

OpEx Breakdown

Quarter	R&D	G&A
Q1 23	$174M	$91M
Q2 23	$163M	$96M
Q3 23	$186M	$81M
Q4 23	$187M	$96M
Q1 24	$182M	$121M
Q2 24	$188M	$94M
Q3 24	$187M	$90M
Q4 24	$192M	$80M
Q1 25	$172M	$96M
Q2 25	$180M	$87M
Q3 25	$170M	$72M
Q4 25	$187M	$84M

Revenue Segments

Quarter	Digital Integration	Production Systems	Reservoir Characterization	Well Construction
Q1 23	$894M	$2.2B	$1.5B	$3.3B
Q2 23	$947M	$2.3B	$1.6B	$3.4B
Q3 23	$982M	$2.4B	$1.7B	$3.4B
Q4 23	$1.0B	$2.9B	$1.7B	$3.4B
Q1 24	$953M	$2.8B	$1.7B	$3.4B
Q2 24	$1.1B	$3.0B	$1.8B	$3.4B
Q3 24	$1.1B	$3.1B	$1.8B	$3.3B
Q4 24	$1.2B	$3.2B	$1.8B	$3.3B
Q1 25	$1.0B	$2.9B	$1.7B	$3.0B
Q2 25	$995M	$3.0B	$1.7B	$3.0B
Q3 25	$658M	$3.5B	$1.7B	$3.0B

Revenue by Geography

Quarter	Europe C I S Africa	Latin America	Middle East	North America	Other Countries
Q1 23	$2.0B	$1.6B	$2.4B	$1.7B	$53M
Q2 23	$2.0B	$1.6B	$2.6B	$1.7B	$56M
Q3 23	$2.1B	$1.7B	$2.8B	$1.6B	$53M
Q4 23	$2.4B	$1.7B	$3.1B	$1.6B	—
Q1 24	$2.3B	$1.7B	$3.1B	$1.6B	$53M
Q2 24	$2.4B	$1.7B	$3.3B	$1.6B	$43M
Q3 24	$2.4B	$1.7B	$3.3B	$1.7B	$47M
Q4 24	$2.5B	$1.6B	$3.4B	$1.8B	—
Q1 25	$2.2B	$1.5B	$3.0B	$1.7B	$44M
Q2 25	$2.4B	$1.5B	$3.0B	$1.7B	$44M
Q3 25	$2.4B	$1.5B	$3.0B	$1.9B	$82M
Q4 25	$2.5B	$1.7B	$3.2B	$2.2B	—

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$1.5B	$1.0B	$2.5B
Q2 23	$1.9B	$1.3B	$3.2B
Q3 23	$2.5B	$1.2B	$3.7B
Q4 23	$2.9B	$1.1B	$4.0B
Q1 24	$2.8B	$703M	$3.5B
Q2 24	$3.0B	$1.1B	$4.0B
Q3 24	$3.1B	$1.4B	$4.5B
Q4 24	$3.5B	$1.1B	$4.7B
Q1 25	$2.9B	$961M	$3.9B
Q2 25	$3.2B	$511M	$3.7B
Q3 25	$3.0B	$571M	$3.6B
Q4 25	$3.0B	$1.2B	$4.2B

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	1.45B	+0.3%
Q2 23	1.44B	-0.3%
Q3 23	1.44B	+0.0%
Q4 23	1.45B	+0.3%
Q1 24	1.45B	+0.1%
Q2 24	1.44B	-0.3%
Q3 24	1.43B	-0.8%
Q4 24	1.44B	+0.3%
Q1 25	1.38B	-3.9%
Q2 25	1.37B	-1.0%
Q3 25	1.49B	+8.9%
Q4 25	1.49B	+0.0%

Revenue Per Employee

Revenue / Employee

Year	Revenue/Employee	Employees
FY 14	$405K	120K
FY 15	$373K	95K
FY 16	$278K	100K
FY 17	$304K	100K
FY 18	$328K	100K
FY 19	$313K	105K
FY 20	$274K	86K
FY 21	$249K	92K
FY 22	$284K	99K
FY 23	$299K	111K
FY 24	$330K	110K
FY 25	$328K	109K