Slb (SLB) Return on Capital Employed [ROCE] (2009 - 2026)
Slb's Return on Capital Employed [ROCE] came in at 11.29% for Q3 2026, down 2.41 percentage points from 13.70% a year earlier and down 0.12 percentage points from the prior quarter.
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Analysis
Slb (SLB) Return on Capital Employed [ROCE] (2009 - 2026) Analysis & Trends
For FY2025, Slb's Return on Capital Employed [ROCE] was 13.45%, down 3.64 percentage points from FY2024.
- Return on Capital Employed [ROCE] carries a five-year change of +9.19 percentage points (FY2020 to FY2025).
- Going back by year, Return on Capital Employed [ROCE] was 17.09% in FY2024 (+0.16 pp), 16.93% in FY2023 (+3.23 pp), 13.70% in FY2022 (+4.95 pp) and 8.75% in FY2021 (+4.49 pp).
- The Q3 2026 figure represents the lowest quarterly Return on Capital Employed [ROCE] since Q2 2022.
- Year-over-year, Return on Capital Employed [ROCE] has declined for eight consecutive quarters, with an average year-over-year change of -19.68 percentage points over the last eight quarters.
- The fastest year-over-year change in Return on Capital Employed [ROCE] over five years came in Q1 2024 (a gain of 41.90 percentage points), and the weakest in Q3 2025 (a drop of 40.92 percentage points).
- Business Quant data shows SLB's Return on Capital Employed [ROCE] at 11.42% (Q2 2026), 11.95% (Q1 2026) and 12.33% (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 11.29% |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 14.16% |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 14.18% |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 33.29% |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 5.53% |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 5.33% |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 16.42% |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 5.95% |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 4.08% |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | 8.85% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 11.29% |
| Jun 30, 2026 | 11.42% |
| Mar 31, 2026 | 11.95% |
| Dec 31, 2025 | 12.33% |
| Sep 30, 2025 | 13.70% |
| Jun 30, 2025 | 16.06% |
| Mar 31, 2025 | 17.30% |
| Dec 31, 2024 | 35.77% |
| Sep 30, 2024 | 54.61% |
| Jun 30, 2024 | 55.27% |
| Mar 31, 2024 | 56.71% |
| Dec 31, 2023 | 37.84% |
| Sep 30, 2023 | 16.07% |
| Jun 30, 2023 | 15.54% |
| Mar 31, 2023 | 14.81% |
| Dec 31, 2022 | 13.14% |
| Sep 30, 2022 | 2.88% |
| Jun 30, 2022 | 2.07% |
| Mar 31, 2022 | 1.61% |
| Dec 31, 2021 | 1.47% |
API Access
Slb Return on Capital Employed [ROCE] 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=return-on-capital-employed-%5Broce%5D&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-capital-employed-[roce]", "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=return-on-capital-employed-%5Broce%5D&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();