Slb (SLB) Net Margin (2009 - 2026)

Slb (SLB) posted Net Margin of 9.08% for Q2 2026, up 4.1% on a QoQ basis from 8.73% in Q1 2026, and down 318.0% year-over-year from 4.17% in Q2 2025.

Analysis

Slb (SLB) Net Margin (2009 - 2026) Analysis & Trends

Slb has reported Net Margin for 18 years, with the latest figure at 9.08% in Q2 2026.

On a quarterly basis, Net Margin fell 318.0% year-over-year to 9.08% in Q2 2026; TTM through Jun 2026 was 10.45%, a 115.0% decrease from a year earlier, with the FY2025 full-year figure at 9.07%, down 327.0% from the prior year.
Net Margin was 9.08% for Q2 2026 at Slb, up from 8.73% in the prior quarter.
The five-year high for Net Margin was 209.2% in Q4 2023, with the low at 8.67% in Q3 2025.
Average Net Margin over 5 years is 24.1%, with a median of 12.41% recorded in 2022.
The sharpest annual moves came in 2023 and 2024: Net Margin soared 19596 bps in 2023, then plunged 19821 bps in 2024.
Over 5 years, Net Margin stood at 13.24% in 2022, then jumped by 1480 bps to 209.2% in 2023, then plunged by 95 bps to 10.99% in 2024, then surged by 257 bps to 39.27% in 2025, then sank by 77 bps to 9.08% in 2026.
The last three Net Margin figures came in at 9.08% (Q2 2026), 8.73% (Q1 2026), and 39.27% (Q4 2025), per Business Quant data.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Net Margin (Qtr)
1	Slb	83.55 Bn	79.48 Bn	4.63 Bn	9.08%
2	Baker Hughes	59.16 Bn	43.43 Bn	1.58 Bn	10.12%
3	Halliburton	30.22 Bn	28.17 Bn	2.10 Bn	9.42%
4	Weatherford International	6.48 Bn	5.34 Bn	662.00 Mn	3.80%
5	Kodiak Gas Services	6.07 Bn	5.93 Bn	246.76 Mn	13.33%
6	Tidewater	4.57 Bn	3.96 Bn	161.54 Mn	6.16%
7	USA Compression Partners	4.03 Bn	4.02 Bn	217.36 Mn	13.34%
8	National Energy Services Reunited	3.41 Bn	3.23 Bn	81.29 Mn	8.45%
9	Liberty Energy	3.40 Bn	2.85 Bn	208.34 Mn	3.62%
10	Select Water Solutions	2.80 Bn	2.77 Bn	76.84 Mn	5.84%

Historic Data

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