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