SLB
Research SLB on Bullrun: valuation model: 21.8% overvalued, market cap USD 72.38B, P/E 23.7, dividend yield 2.4%. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerSLB
- ExchangeNYSE
- CountryUnited States
- SectorEnergy
- IndustryOil & Gas Equipment & Services
- CurrencyUSD
- Valuation signal21.8% overvalued
- Market capUSD 72.38B
- P/E23.7
- Dividend yield2.4%
- Financial periodQ2 2026
- RevenueUSD 8.97B
- Net incomeUSD 786.00M
- Free cash flowUSD 964.00M
- Gross margin15.5%
Valuation Snapshot
Bullrun's latest valuation model marks SLB as 21.8% overvalued; latest market cap is USD 72.38B; P/E is 23.7; dividend yield is 2.4%.
Peer valuation comparison
Latest P/E is 23.67x versus a Energy sector median of 15.73x (50.4% above).
Latest dividend yield is 2.4% versus a Energy sector median of 3.64% (34.1% below).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 35.71B | USD 3.37B | USD 4.80B | 18.2% | 2.35 | USD 3.04B | USD 9.74B | USD 26.11B |
| FY2024 | USD 36.29B | USD 4.46B | USD 4.67B | 20.6% | 3.11 | USD 3.54B | USD 11.02B | USD 21.13B |
| FY2023 | USD 33.14B | USD 4.20B | USD 4.70B | 19.8% | 2.91 | USD 2.90B | USD 10.84B | USD 20.19B |
| FY2022 | USD 28.09B | USD 3.44B | USD 2.10B | 18.4% | 2.39 | USD 1.66B | USD 10.59B | USD 17.69B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-12 | USD 72.38B | 23.7 | 2.4% | 1.17 |
| 2025 | 2025-12-31 | USD 57.39B | 16.3 | 3.0% | 1.16 |
| 2024 | 2024-12-31 | USD 53.71B | 12.3 | 2.9% | 1.12 |
| 2023 | 2023-12-29 | USD 74.34B | 18.1 | 1.9% | 1 |
| 2022 | 2022-12-30 | USD 75.81B | 25.8 | 1.3% | 0.67 |
| 2021 | 2021-12-31 | USD 42.03B | 22.7 | 1.7% | 0.52 |
Dividend history
Latest trailing dividend snapshot: annual dividend/share 1.17 USD, yield 2.4%.
| Year | Dividends/share |
|---|---|
| FY2025 | 1.16 USD |
| FY2024 | 1.12 USD |
| FY2023 | 1 USD |
| FY2022 | 0.67 USD |
About SLB
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.
ETFs that hold SLB
SLB is one of the ten largest holdings of 7 ETFs that investors in Europe can buy, most traded first:
| ETF | Weight | TER |
|---|---|---|
| iShares S&P 500 Energy Sector UCITS ETF USD (Acc) | 3.61% | 0.15% |
| State Street SPDR S&P U.S. Energy Select Sector UCITS ETF | 3.61% | 0.15% |
| VanEck Oil Services UCITS ETF | 10.78% | 0.35% |
| Xtrackers MSCI USA Energy UCITS ETF 1D | 3.80% | 0.12% |
| Amundi S&P World Energy Screened UCITS ETF Acc | 7.92% | 0.18% |
| Amundi S&P World Energy Screened UCITS ETF Dist | 7.70% | 0.18% |
| Invesco S&P World Energy ESG UCITS ETF | 6.52% | 0.18% |
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Frequently asked questions
Is SLB overvalued or undervalued?
Bullrun's valuation model currently marks SLB as 21.8% overvalued.
What is SLB's market cap?
SLB's market capitalization is USD 72.38B.
What is SLB's P/E ratio?
SLB's price-to-earnings (P/E) ratio is 23.7.
Does SLB pay a dividend?
SLB has a dividend yield of 2.4%.
What does SLB do?
SLB N.V. engages in the provision of technology for the energy industry worldwide. The company operates through four divisions: Digital & Integration, Reservoir Performance, Well Construction, and Production Systems. The company provides field development and hydrocarbon production, carbon management, and integration of adjacent energy systems; reservoir interpretation and data processing services for exploration data; and well construction and production improvement services and products.