Slb (SLB) Return on Invested Capital [ROIC] (2009 - 2026)
Slb (SLB) reported Return on Invested Capital [ROIC] of 9.30% for Q3 2026, down 1.73 percentage points from 11.03% a year earlier and down 0.22 percentage points from the prior quarter.
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Analysis
Slb (SLB) Return on Invested Capital [ROIC] (2009 - 2026) Analysis & Trends
For FY2025, Slb posted Return on Invested Capital [ROIC] of 10.97%, down 3.55 percentage points from FY2024.
- Return on Invested Capital [ROIC] has a five-year change of +6.50 percentage points (FY2020 to FY2025).
- By year, Return on Invested Capital [ROIC] came in at 14.51% in FY2024 (+0.65 pp), 13.87% in FY2023 (+2.50 pp), 11.37% in FY2022 (+3.74 pp) and 7.63% in FY2021 (+3.17 pp).
- The Q3 2026 figure ranks as the lowest quarterly Return on Invested Capital [ROIC] since Q2 2022.
- Year over year, Return on Invested Capital [ROIC] has now declined in each of the last eight quarters, with an average year-over-year change of -16.47 percentage points over the last eight quarters.
- The high point for year-over-year Return on Invested Capital [ROIC] in five years was Q1 2024 (a gain of 35.35 percentage points); the low point was Q3 2025 (a drop of 34.62 percentage points).
- Per Business Quant data, the three quarters before Q3 2026 came in at 9.52% (Q2 2026), 10.00% (Q1 2026) and 10.16% (Q4 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn | 9.30% |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn | 13.18% |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn | 13.16% |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn | 35.01% |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn | 1.51% |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn | 2.34% |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn | 16.40% |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn | 6.10% |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn | 4.43% |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn | 6.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 9.30% |
| Jun 30, 2026 | 9.52% |
| Mar 31, 2026 | 10.00% |
| Dec 31, 2025 | 10.16% |
| Sep 30, 2025 | 11.03% |
| Jun 30, 2025 | 12.85% |
| Mar 31, 2025 | 13.54% |
| Dec 31, 2024 | 29.98% |
| Sep 30, 2024 | 45.65% |
| Jun 30, 2024 | 46.46% |
| Mar 31, 2024 | 47.41% |
| Dec 31, 2023 | 30.84% |
| Sep 30, 2023 | 13.11% |
| Jun 30, 2023 | 12.74% |
| Mar 31, 2023 | 12.23% |
| Dec 31, 2022 | 11.05% |
| Sep 30, 2022 | 2.49% |
| Jun 30, 2022 | 1.80% |
| Mar 31, 2022 | 1.37% |
| Dec 31, 2021 | 1.25% |
API Access
Slb Return on Invested Capital [ROIC] 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-invested-capital-%5Broic%5D&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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-invested-capital-%5Broic%5D&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();