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
DateValue
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%