Slb (SLB) Tax Rate (2009 - 2026)

Slb (SLB) recorded quarterly Tax Rate of 20.4% in Q1 2026, up 265.11% quarter-over-quarter from 12.35% in Q4 2025, and down 162.0% on a YoY basis from 32.9% in Q1 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.

  • In Q1 2026, Tax Rate fell 162.0% year-over-year to 20.4%; the TTM figure through Mar 2026 stood at 617.14% (down 63776.0% YoY), while the FY2025 annual figure was 1645.59%, down 166558.0% from the prior year.
  • Tax Rate was 20.4% for Q1 2026 at Slb, up from 12.35% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 35.48% in Q4 2022 to a low of 12.35% in Q4 2025.
  • Historically, Tax Rate has averaged 16.99% across 5 years, with a median of 19.03% in 2023.
  • The sharpest annual moves came in 2023 and 2024: Tax Rate sank 4283 bps in 2023, then jumped 2971 bps in 2024.
  • A 5-year view of Tax Rate shows it stood at 35.48% in 2022, then slumped by 121 bps to 7.36% in 2023, then surged by 404 bps to 22.35% in 2024, then tumbled by 155 bps to 12.35% in 2025, then jumped by 265 bps to 20.4% in 2026.
  • The last three Tax Rate figures came in at 20.4% (Q1 2026), 12.35% (Q4 2025), and 22.6% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 71.76 Bn 69.55 Bn 4.67 Bn 20.40
2 Baker Hughes 57.63 Bn 43.04 Bn 1.51 Bn 26.37
3 Halliburton 29.21 Bn 27.25 Bn 2.04 Bn 18.45
4 TechnipFMC 25.99 Bn 24.72 Bn 1.49 Bn 26.95
5 Enerflex 8.61 Bn 8.55 Bn - -27.76
6 Nov 6.73 Bn 5.44 Bn 119.00 Mn 42.86
7 Weatherford International 6.59 Bn 5.54 Bn 876.00 Mn -3.81
8 Archrock 6.43 Bn 6.42 Bn 247.42 Mn 23.96
9 Kodiak Gas Services 5.96 Bn 5.87 Bn 222.88 Mn 13.39
10 Liberty Energy 4.41 Bn 3.71 Bn 177.37 Mn 29.20

Historic Data

Download Data
DateValue
Mar 31, 2026 20.40%
Mar 31, 2026 20.40%
Dec 31, 2025 -12.35%
Dec 31, 2025 -12.35%
Sep 30, 2025 22.60%
Sep 30, 2025 22.60%
Jun 30, 2025 18.44%
Jun 30, 2025 18.44%
Mar 31, 2025 22.01%
Mar 31, 2025 22.01%
Dec 31, 2024 22.35%
Dec 31, 2024 22.35%
Sep 30, 2024 19.18%
Sep 30, 2024 19.18%
Jun 30, 2024 19.42%
Jun 30, 2024 19.42%
Mar 31, 2024 19.09%
Mar 31, 2024 19.09%
Dec 31, 2023 -7.36%
Dec 31, 2023 -7.36%