(SLB) Schlumberger - Overview
Stock: Drilling, Logging, Stimulation, Subsea, Artificial-Lift
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 3.13% |
| Yield on Cost 5y | 4.93% |
| Yield CAGR 5y | 22.88% |
| Payout Consistency | 89.0% |
| Payout Ratio | 39.3% |
| Risk 5d forecast | |
|---|---|
| Volatility | 34.1% |
| Relative Tail Risk | -6.81% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.77 |
| Alpha | 10.13 |
| Character TTM | |
|---|---|
| Beta | 1.130 |
| Beta Downside | 1.430 |
| Drawdowns 3y | |
|---|---|
| Max DD | 46.63% |
| CAGR/Max DD | 0.01 |
Description: SLB Schlumberger January 29, 2026
SLB N.V. (NYSE: SLB) supplies technology and services to the global energy sector through four operating divisions-Digital & Integration, Reservoir Performance, Well Construction, and Production Systems-covering everything from reservoir data analytics and hydraulic-fracturing stimulation to drilling-rig management and subsea production equipment.
The firm’s portfolio spans field-development and hydrocarbon-production solutions, carbon-management and adjacent-energy integration, subsurface geology and fluids evaluation, mud-logging, directional- and measurement-while-drilling, artificial-lift hardware, and the OneSubsea suite of subsea wellheads, trees, manifolds and flow-line connectors.
Key recent metrics (as of Q4 2025): reported revenue of $30.2 billion, a 5 % year-over-year increase driven primarily by higher demand for digital-integration services; adjusted EPS of $3.48, up from $3.12 in Q4 2024; and an order backlog of roughly $10.4 billion, indicating a multi-quarter pipeline of contracts. Free cash flow generated $2.1 billion in the quarter, supporting a $1.5 billion share-repurchase program announced in early 2025.
Sector-level drivers that materially affect SLB’s outlook include: (1) oil-price volatility-SLB’s revenue is positively correlated with the Brent crude price, with a 1 % price rise historically adding ~0.3 % to quarterly revenue; (2) the accelerating energy transition, which is boosting demand for carbon-capture, utilization and storage (CCUS) services-SLB’s CCUS segment grew 18 % YoY in 2024; and (3) global drilling activity, where the International Energy Agency’s 2025 forecast of a 2 % increase in upstream rig count underpins a modest upside to the Well Construction division.
Given the mix of traditional oil-field services and expanding low-carbon offerings, a deeper dive into SLB’s segment-level cash conversion and its exposure to emerging CCUS contracts could be worthwhile; the ValueRay platform provides granular, real-time analytics that may help surface those nuances.
Piotroski VR‑10 (Strict, 0-10) 6.5
| Net Income: 3.35b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.09 > 0.02 and ΔFCF/TA -0.22 > 1.0 |
| NWC/Revenue: 13.42% < 20% (prev 15.87%; Δ -2.45% < -1%) |
| CFO/TA 0.12 > 3% & CFO 6.49b > Net Income 3.35b |
| Net Debt (8.60b) to EBITDA (7.15b): 1.20 < 3 |
| Current Ratio: 1.33 > 1.5 & < 3 |
| Outstanding Shares: last quarter (1.49b) vs 12m ago 3.62% < -2% |
| Gross Margin: 18.21% > 18% (prev 0.21%; Δ 1801 % > 0.5%) |
| Asset Turnover: 68.80% > 50% (prev 74.16%; Δ -5.36% > 0%) |
| Interest Coverage Ratio: 6.78 > 6 (EBITDA TTM 7.15b / Interest Expense TTM 557.0m) |
Altman Z'' 3.27
| A: 0.09 (Total Current Assets 19.51b - Total Current Liabilities 14.72b) / Total Assets 54.87b |
| B: 0.33 (Retained Earnings 18.07b / Total Assets 54.87b) |
| C: 0.07 (EBIT TTM 3.78b / Avg Total Assets 51.90b) |
| D: 1.08 (Book Value of Equity 29.68b / Total Liabilities 27.58b) |
| Altman-Z'' Score: 3.27 = A |
Beneish M -2.85
| DSRI: 1.10 (Receivables 8.69b/8.01b, Revenue 35.71b/36.29b) |
| GMI: 1.13 (GM 18.21% / 20.65%) |
| AQI: 1.07 (AQ_t 0.48 / AQ_t-1 0.45) |
| SGI: 0.98 (Revenue 35.71b / 36.29b) |
| TATA: -0.06 (NI 3.35b - CFO 6.49b) / TA 54.87b) |
| Beneish M-Score: -2.85 (Cap -4..+1) = A |
What is the price of SLB shares?
Over the past week, the price has changed by +4.80%, over one month by +16.20%, over three months by +40.54% and over the past year by +29.70%.
Is SLB a buy, sell or hold?
- StrongBuy: 17
- Buy: 9
- Hold: 4
- Sell: 0
- StrongSell: 0
What are the forecasts/targets for the SLB price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 54.1 | 6.7% |
| Analysts Target Price | 54.1 | 6.7% |
| ValueRay Target Price | 52.8 | 4.1% |
SLB Fundamental Data Overview February 07, 2026
P/E Forward = 17.0068
P/S = 2.0733
P/B = 2.941
P/EG = 1.7898
Revenue TTM = 35.71b USD
EBIT TTM = 3.78b USD
EBITDA TTM = 7.15b USD
Long Term Debt = 9.74b USD (from longTermDebt, last quarter)
Short Term Debt = 1.89b USD (from shortTermDebt, last quarter)
Debt = 11.64b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 8.60b USD (from netDebt column, last quarter)
Enterprise Value = 81.46b USD (74.03b + Debt 11.64b - CCE 4.21b)
Interest Coverage Ratio = 6.78 (Ebit TTM 3.78b / Interest Expense TTM 557.0m)
EV/FCF = 16.99x (Enterprise Value 81.46b / FCF TTM 4.79b)
FCF Yield = 5.89% (FCF TTM 4.79b / Enterprise Value 81.46b)
FCF Margin = 13.43% (FCF TTM 4.79b / Revenue TTM 35.71b)
Net Margin = 9.38% (Net Income TTM 3.35b / Revenue TTM 35.71b)
Gross Margin = 18.21% ((Revenue TTM 35.71b - Cost of Revenue TTM 29.20b) / Revenue TTM)
Gross Margin QoQ = 17.73% (prev 17.45%)
Tobins Q-Ratio = 1.48 (Enterprise Value 81.46b / Total Assets 54.87b)
Interest Expense / Debt = 1.08% (Interest Expense 126.0m / Debt 11.64b)
Taxrate = 12.62% (119.0m / 943.0m)
NOPAT = 3.30b (EBIT 3.78b * (1 - 12.62%))
Current Ratio = 1.33 (Total Current Assets 19.51b / Total Current Liabilities 14.72b)
Debt / Equity = 0.45 (Debt 11.64b / totalStockholderEquity, last quarter 26.11b)
Debt / EBITDA = 1.20 (Net Debt 8.60b / EBITDA 7.15b)
Debt / FCF = 1.79 (Net Debt 8.60b / FCF TTM 4.79b)
Total Stockholder Equity = 22.89b (last 4 quarters mean from totalStockholderEquity)
RoA = 6.45% (Net Income 3.35b / Total Assets 54.87b)
RoE = 14.64% (Net Income TTM 3.35b / Total Stockholder Equity 22.89b)
RoCE = 11.58% (EBIT 3.78b / Capital Employed (Equity 22.89b + L.T.Debt 9.74b))
RoIC = 9.19% (NOPAT 3.30b / Invested Capital 35.92b)
WACC = 8.84% (E(74.03b)/V(85.67b) * Re(10.08%) + D(11.64b)/V(85.67b) * Rd(1.08%) * (1-Tc(0.13)))
Discount Rate = 10.08% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: 33.33 | Cagr: 1.44%
[DCF Debug] Terminal Value 77.08% ; FCFF base≈4.63b ; Y1≈5.28b ; Y5≈7.27b
Fair Price DCF = 65.83 (EV 107.04b - Net Debt 8.60b = Equity 98.44b / Shares 1.50b; r=8.84% [WACC]; 5y FCF grow 16.43% → 2.90% )
EPS Correlation: 63.85 | EPS CAGR: 24.79% | SUE: 2.84 | # QB: 2
Revenue Correlation: 83.81 | Revenue CAGR: 14.00% | SUE: 0.50 | # QB: 0
EPS next Quarter (2026-03-31): EPS=0.61 | Chg30d=-0.033 | Revisions Net=-9 | Analysts=18
EPS current Year (2026-12-31): EPS=2.91 | Chg30d=-0.047 | Revisions Net=-7 | Growth EPS=-0.8% | Growth Revenue=+4.4%
EPS next Year (2027-12-31): EPS=3.32 | Chg30d=+0.005 | Revisions Net=+5 | Growth EPS=+14.3% | Growth Revenue=+4.5%