Slb (SLB) Tax Rate (2009 - 2026)
Slb's (SLB) quarterly Tax Rate came in at 20.4% in Q1 2026, down 162.0% year-on-year from 32.9% in Q1 2025, and up 1.09% quarter-over-quarter from 20.18% in Q4 2025.
Slb (SLB) Tax Rate (2009 - 2026) Analysis & Trends
Slb's Tax Rate history runs 18 years deep, the most recent figure standing at 20.4% for Q1 2026.
- On a quarterly basis, Tax Rate fell 162.0% year-over-year to 20.4% in Q1 2026; TTM through Mar 2026 was 20.27%, a 29932.0% decrease from a year earlier, with the FY2025 full-year figure at 20.67%, down 15624.0% from the prior year.
- Tax Rate climbed to 20.4% in Q1 2026 per SLB's latest filing, from 20.18% in the prior quarter.
- Across five years, Tax Rate topped out at 35.48% in Q4 2022 and bottomed at 8.51% in Q4 2024.
- The 5-year median for Tax Rate is 19.03% (2023), against an average of 18.57%.
- Across the five-year window, Tax Rate sank 2644 bps in 2024 and surged 2869 bps in 2025, its largest moves.
- Year by year, Tax Rate stood at 35.48% in 2022, then plunged by 49 bps to 17.93% in 2023, then tumbled by 147 bps to 8.51% in 2024, then surged by 337 bps to 20.18% in 2025, then rose by 1 bps to 20.4% in 2026.
- Per Business Quant, the three latest SLB Tax Rate figures stand at 20.4% (Q1 2026), 20.18% (Q4 2025), and 22.6% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 20.40 |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | - |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 26.95 |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 18.45 |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 42.86 |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 44.00 |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 23.96 |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 34.15 |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 13.39 |
| 10 | Tidewater | 3.87 Bn | 3.32 Bn | 160.04 Mn | 85.38 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 20.40 |
| Mar 31, 2026 | 20.40 |
| Mar 31, 2026 | 20.40 |
| Dec 31, 2025 | 20.18 |
| Dec 31, 2025 | 20.18 |
| Dec 31, 2025 | 20.18 |
| Sep 30, 2025 | 22.60 |
| Sep 30, 2025 | 22.60 |
| Sep 30, 2025 | 22.60 |
| Jun 30, 2025 | 18.44 |
| Jun 30, 2025 | 18.44 |
| Jun 30, 2025 | 18.44 |
| Mar 31, 2025 | 22.01 |
| Mar 31, 2025 | 22.01 |
| Mar 31, 2025 | 22.01 |
| Dec 31, 2024 | -8.51 |
| Dec 31, 2024 | -8.51 |
| Dec 31, 2024 | -8.51 |
| Sep 30, 2024 | 19.18 |
| Sep 30, 2024 | 19.18 |