Slb (SLB) Gross Margin (2009 - 2026)
Slb (SLB) reported Gross Margin of 15.55% for Q2 2026, down 3.31 percentage points from 18.86% a year earlier but up 0.29 percentage points from the prior quarter.
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Analysis
Slb (SLB) Gross Margin (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Slb's Gross Margin came in at 16.53%, down 3.48 percentage points year-over-year; for FY2025, it came in at 18.22%, down 2.33 percentage points from FY2024.
- Gross Margin has a five-year change of +7.20 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 20.56% in FY2024 (+0.75 pp), 19.81% in FY2023 (+1.43 pp), 18.37% in FY2022 (+2.42 pp) and 15.95% in FY2021 (+4.93 pp).
- Five-year quarterly Gross Margin spans a low of 15.26% in Q1 2026 and a high of 99.88% in Q4 2023.
- Year over year, Gross Margin has now declined in each of the last seven quarters, with an average year-over-year change of -21.87 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2024 (a gain of 81.08 percentage points); the low point was Q1 2025 (a drop of 80.92 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 15.26% (Q1 2026), 17.74% (Q4 2025) and 17.45% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.52 Bn | 70.45 Bn | 1.40 Bn | 15.55% |
| 2 | Baker Hughes | 55.17 Bn | 18.27 Bn | 1.58 Bn | 23.46% |
| 3 | Halliburton | 28.16 Bn | 19.87 Bn | 804.00 Mn | 14.07% |
| 4 | TechnipFMC | 27.25 Bn | 23.39 Bn | 684.70 Mn | 24.78% |
| 5 | Noble | 6.82 Bn | 4.75 Bn | 239.27 Mn | 33.25% |
| 6 | Nov | 6.80 Bn | 1.54 Bn | 521.00 Mn | 24.41% |
| 7 | Transocean | 6.52 Bn | 4.23 Bn | 358.00 Mn | 37.06% |
| 8 | Valaris | 6.12 Bn | 3.74 Bn | 123.70 Mn | 22.94% |
| 9 | Weatherford International | 5.69 Bn | 1.62 Bn | 333.00 Mn | 30.14% |
| 10 | Kodiak Gas Services | 4.53 Bn | 4.29 Bn | 246.76 Mn | 63.09% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.55% |
| Mar 31, 2026 | 15.26% |
| Dec 31, 2025 | 17.74% |
| Sep 30, 2025 | 17.45% |
| Jun 30, 2025 | 18.86% |
| Mar 31, 2025 | 18.92% |
| Dec 31, 2024 | 21.12% |
| Sep 30, 2024 | 20.98% |
| Jun 30, 2024 | 20.54% |
| Mar 31, 2024 | 99.84% |
| Dec 31, 2023 | 99.88% |
| Sep 30, 2023 | 20.67% |
| Jun 30, 2023 | 19.72% |
| Mar 31, 2023 | 18.76% |
| Dec 31, 2022 | 19.94% |
| Sep 30, 2022 | 19.19% |
| Jun 30, 2022 | 17.79% |
| Mar 31, 2022 | 15.92% |
| Dec 31, 2021 | 17.49% |
| Sep 30, 2021 | 16.85% |
API Access
Slb Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SLB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();