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 | 82.25 Bn | 80.04 Bn | 4.67 Bn | 20.40% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 26.37% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 18.45% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 26.95% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | -27.76% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 42.86% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | -3.81% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 23.96% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 13.39% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 29.20% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |