Slb (SLB) Tax Rate (2009 - 2026)
Slb (SLB) posted Tax Rate of 20.02% for Q2 2026, down 1.85% on a QoQ basis from 20.4% in Q1 2026, and up 158.0% year-over-year from 7.76% in Q2 2025.
Analysis
Slb (SLB) Tax Rate (2009 - 2026) Analysis & Trends
Slb has reported Tax Rate for 18 years, with the latest figure at 20.02% in Q2 2026.
- On a quarterly basis, Tax Rate rose 158.0% year-over-year to 20.02% in Q2 2026; TTM through Jun 2026 was 26.27%, a 477.0% increase from a year earlier, with the FY2025 full-year figure at 25.67%, up 467.0% from the prior year.
- Tax Rate was 20.02% for Q2 2026 at Slb, down from 20.4% in the prior quarter.
- The five-year high for Tax Rate was 41.74% in Q4 2025, with the low at 15.8% in Q2 2022.
- Average Tax Rate over 5 years is 21.58%, with a median of 19.3% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Tax Rate sank 247 bps in 2022, then surged 1528 bps in 2025.
- Over 5 years, Tax Rate stood at 22.57% in 2022, then rose by 20 bps to 27.01% in 2023, then declined by 2 bps to 26.46% in 2024, then jumped by 58 bps to 41.74% in 2025, then plunged by 52 bps to 20.02% in 2026.
- The last three Tax Rate figures came in at 20.02% (Q2 2026), 20.4% (Q1 2026), and 41.74% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.61 Bn | 79.54 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 58.75 Bn | 43.02 Bn | 1.58 Bn | 23.54% |
| 3 | Halliburton | 30.20 Bn | 28.15 Bn | 2.10 Bn | 18.98% |
| 4 | Weatherford International | 6.47 Bn | 5.33 Bn | 662.00 Mn | 44.00% |
| 5 | Kodiak Gas Services | 6.06 Bn | 5.92 Bn | 246.76 Mn | 28.81% |
| 6 | Tidewater | 4.59 Bn | 3.98 Bn | 161.54 Mn | 54.31% |
| 7 | USA Compression Partners | 4.04 Bn | 4.03 Bn | 217.36 Mn | 10.72% |
| 8 | National Energy Services Reunited | 3.42 Bn | 3.23 Bn | 81.29 Mn | 25.29% |
| 9 | Liberty Energy | 3.41 Bn | 2.85 Bn | 208.34 Mn | 17.60% |
| 10 | Select Water Solutions | 2.79 Bn | 2.76 Bn | 76.84 Mn | 21.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.02% |
| Mar 31, 2026 | 20.40% |
| Dec 31, 2025 | 41.74% |
| Sep 30, 2025 | 22.60% |
| Jun 30, 2025 | 18.44% |
| Mar 31, 2025 | 22.01% |
| Dec 31, 2024 | 26.46% |
| Sep 30, 2024 | 19.18% |
| Jun 30, 2024 | 19.42% |
| Mar 31, 2024 | 19.09% |
| Dec 31, 2023 | 27.01% |
| Sep 30, 2023 | 18.57% |
| Jun 30, 2023 | 19.03% |
| Mar 31, 2023 | 18.69% |
| Dec 31, 2022 | 22.57% |
| Sep 30, 2022 | 18.96% |
| Jun 30, 2022 | 15.80% |
| Mar 31, 2022 | 18.50% |
| Dec 31, 2021 | 23.28% |
| Sep 30, 2021 | 18.67% |