Slb (SLB) Tax Rate (2009 - 2026)
Slb (SLB) recorded Tax Rate of 20.02% in Q2 2026, up 1.58 percentage points from 18.44% a year earlier but down 0.38 percentage points from the prior quarter.
Powered by 
Analysis
Slb (SLB) Tax Rate (2009 - 2026) Analysis & Trends
On a TTM basis, Slb's Tax Rate came in at 19.60% as of Jun 30, 2026, down 0.03 percentage points year-over-year; for FY2025, it came in at 19.58%, up 0.31 percentage points from FY2024.
- Annual Tax Rate has increased for three straight years, with a five-year change of +12.39 percentage points (FY2020 to FY2025).
- Across earlier years, Tax Rate came in at 19.27% in FY2024 (+0.21 pp), 19.06% in FY2023 (+0.83 pp), 18.24% in FY2022 (-0.55 pp) and 18.79% in FY2021 (+11.60 pp).
- Quarterly Tax Rate has ranged from 15.16% in Q4 2025 to 22.60% in Q3 2025 over the past five years.
- On a year-over-year basis, Tax Rate rose in four of the last eight quarters, with an average year-over-year change of +0.15 percentage points.
- Peak year-over-year performance for Tax Rate in the last five years was a gain of 53.85 percentage points in Q3 2021, against a drop of 4.23 percentage points in Q4 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 20.40% (Q1 2026), 15.16% (Q4 2025) and 22.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 41.69% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 28.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 20.02% |
| Mar 31, 2026 | 20.40% |
| Dec 31, 2025 | 15.16% |
| Sep 30, 2025 | 22.60% |
| Jun 30, 2025 | 18.44% |
| Mar 31, 2025 | 22.01% |
| Dec 31, 2024 | 19.39% |
| Sep 30, 2024 | 19.18% |
| Jun 30, 2024 | 19.42% |
| Mar 31, 2024 | 19.09% |
| Dec 31, 2023 | 19.89% |
| Sep 30, 2023 | 18.57% |
| Jun 30, 2023 | 19.03% |
| Mar 31, 2023 | 18.69% |
| Dec 31, 2022 | 19.67% |
| Sep 30, 2022 | 18.96% |
| Jun 30, 2022 | 15.80% |
| Mar 31, 2022 | 18.50% |
| Dec 31, 2021 | 19.18% |
| Sep 30, 2021 | 18.67% |
API Access
Slb Tax Rate 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=tax-rate&ticker=SLB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "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=tax-rate&ticker=SLB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();