Slb (SLB) Operating Margin (2009 - 2026)
Slb's (SLB) quarterly Operating Margin came in at 58.7% in Q1 2026, down 663.0% year-on-year from 10.43% in Q1 2025, and up 130.56% quarter-over-quarter from 192.07% in Q4 2025.
Slb (SLB) Operating Margin (2009 - 2026) Analysis & Trends
Slb's Operating Margin history runs 18 years deep, the most recent figure standing at 58.7% for Q1 2026.
- On a quarterly basis, Operating Margin fell 663.0% year-over-year to 58.7% in Q1 2026; TTM through Mar 2026 was 24.42%, a 3004.0% decrease from a year earlier, with the FY2025 full-year figure at 49.27%, up 191.0% from the prior year.
- Operating Margin advanced to 58.7% in Q1 2026 per SLB's latest filing, from 192.07% in the prior quarter.
- Across five years, Operating Margin topped out at 96.23% in Q1 2024 and bottomed at 507.67% in Q3 2025.
- The 5-year median for Operating Margin is 58.7% (2026), against an average of 9.22%.
- Across the five-year window, Operating Margin jumped 5168 bps in 2024 and tumbled 57367 bps in 2025, its largest moves.
- Year by year, Operating Margin stood at 43.79% in 2022, then retreated by 6 bps to 41.2% in 2023, then plunged by 118 bps to 7.31% in 2024, then slumped by 2526 bps to 192.07% in 2025, then soared by 131 bps to 58.7% in 2026.
- Per Business Quant, the three latest SLB Operating Margin figures stand at 58.7% (Q1 2026), 192.07% (Q4 2025), and 507.67% (Q3 2025).
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 58.70% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 48.92% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 14.51% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 12.57% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.80% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 9.68% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 54.06% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 8.35% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 30.89% |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 18.08% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 58.70% |
| Dec 31, 2025 | -192.07% |
| Sep 30, 2025 | -507.67% |
| Jun 30, 2025 | 64.79% |
| Mar 31, 2025 | 65.32% |
| Dec 31, 2024 | -7.31% |
| Sep 30, 2024 | 66.00% |
| Jun 30, 2024 | 95.54% |
| Mar 31, 2024 | 96.23% |
| Dec 31, 2023 | 41.20% |
| Sep 30, 2023 | 69.93% |
| Jun 30, 2023 | 43.86% |
| Mar 31, 2023 | 68.70% |
| Dec 31, 2022 | 43.79% |
| Sep 30, 2022 | 68.96% |
| Jun 30, 2022 | 41.53% |
| Mar 31, 2022 | 39.20% |
| Dec 31, 2021 | 151.29% |
| Sep 30, 2021 | 39.22% |
| Jun 30, 2021 | 39.17% |