Slb (SLB) Net Margin (2009 - 2026)
Slb's Net Margin came in at 7.78% for Q3 2026, down 0.50 percentage points from 8.28% a year earlier and down 0.98 percentage points from the prior quarter.
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Analysis
Slb (SLB) Net Margin (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Slb reported Net Margin of 8.40%, down 1.95 percentage points year-over-year; for FY2025, it came in at 9.45%, down 2.84 percentage points from FY2024.
- Net Margin carries a five-year change of +54.01 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was 12.29% in FY2024 (-0.39 pp), 12.68% in FY2023 (+0.43 pp), 12.25% in FY2022 (+4.05 pp) and 8.20% in FY2021 (+52.77 pp).
- The Q3 2026 figure represents the lowest quarterly Net Margin since Q2 2021.
- Year-over-year, Net Margin has declined for ten consecutive quarters, with an average year-over-year change of -2.02 percentage points over the last eight quarters.
- The fastest year-over-year change in Net Margin over five years came in Q2 2022 (a gain of 6.51 percentage points), and the weakest in Q3 2025 (a drop of 4.67 percentage points).
- Business Quant data shows SLB's Net Margin at 8.76% (Q2 2026), 8.62% (Q1 2026) and 8.46% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 7.77% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 13.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 7.78% |
| Jun 30, 2026 | 8.76% |
| Mar 31, 2026 | 8.62% |
| Dec 31, 2025 | 8.46% |
| Sep 30, 2025 | 8.28% |
| Jun 30, 2025 | 11.87% |
| Mar 31, 2025 | 9.39% |
| Dec 31, 2024 | 11.79% |
| Sep 30, 2024 | 12.95% |
| Jun 30, 2024 | 12.17% |
| Mar 31, 2024 | 12.27% |
| Dec 31, 2023 | 12.37% |
| Sep 30, 2023 | 13.51% |
| Jun 30, 2023 | 12.75% |
| Mar 31, 2023 | 12.07% |
| Dec 31, 2022 | 13.51% |
| Sep 30, 2022 | 12.13% |
| Jun 30, 2022 | 14.16% |
| Mar 31, 2022 | 8.55% |
| Dec 31, 2021 | 9.65% |
API Access
Slb Net 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=net-margin&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();