SLB SLB margins

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Relative Growth: Rel. Growth: 31
Relative Strength: Rel. Strength: 78
Relative Valuation: Rel. Valuation: 53
Relative Profitability: Rel. Profitability: 49
Gross margin
16.5%
Operating margin
11.4%
EBITDA margin
19.7%
Net margin
8.5%

Using the latest TTM figures, SLB shows a gross margin of 16.5%, an operating margin of 11.4%, an EBITDA margin of 19.7%, and a net margin of 8.5%. Gross margin had the largest decline, falling by 3.5 percentage points, while the other available margins also weakened.

SLB margin history

Gross, operating, EBITDA and net margin trends

Over the last 3 years, SLB recorded average margins of 19.35% gross, 14.78% operating, 22.79% EBITDA, and 11.36% net. The current gross, operating, EBITDA, and net margins are all below their three-year averages.

SLB margin expansion

Year-over-year margin changes in percentage points

Gross and EBITDA margins led the decline, falling by 3.5 percentage points, while the other available margins also decreased.

Gross margin expansion
-3.5pp
Operating margin expansion
-3.4pp
EBITDA margin expansion
-3.5pp
Net margin expansion
-3pp

SLB Gross margin

The average gross margin for SLB was 19.35% in the last 3 years. The latest gross margin for SLB is 16.5%, 2.9 percentage points below its three-year average. The gross margin for SLB moved between 16.5% in Jun 2026 and 20.6% in Dec 2024.

SLB Operating margin

SLB recorded an average operating margin of 14.78% across the last 3 years. SLB currently reports an operating margin of 11.4%, 3.4 percentage points below its three-year average. The operating margin for SLB moved between 11.4% in Jun 2026 and 16.5% in Mar 2024.

SLB EBITDA margin

The average EBITDA margin for SLB was 22.79% over the last 3 years. Currently, SLB's current EBITDA margin is 19.7%, which is 3.1 percentage points below its three-year average. The EBITDA margin for SLB moved between 19.7% in Jun 2026 and 24.6% in Sep 2023.

SLB Net margin

Throughout the last 3 years, SLB had an average net margin of 11.36%. Compared with its three-year average, SLB's current net margin is 8.5% and is 2.9 percentage points below its three-year average. Looking back over the last 3 years, SLB's net margin reached 13% at its highest point in Sep 2023 and 8.5% at its lowest in Jun 2026.

SLB margin group comparison

Margins compared with peer-group, industry and sector averages

With a gross margin of 16.5%, SLB ranks lower than the Energy sector and the industry average. In comparison with the Energy sector average of 42.7%, SLB's gross margin is 61% lower.

SLB margin peer comparison

Compare margins with selected peers

Frequently asked questions

What is SLB's gross margin?

The current gross margin for SLB is 16.5% as of Jun 30, 2026.

What is SLB's operating margin?

The current operating margin for SLB is 11.4% as of Jun 30, 2026.

What is SLB's EBITDA margin?

For the period ending Jun 30, 2026, SLB recorded an EBITDA margin of 19.7%.

What is SLB's net margin?

The current net margin for SLB is 8.5% as of Jun 30, 2026.

What are the average margins of SLB?

Looking back over 3 years, SLB recorded average margins of 19.4% gross, 14.8% operating, 22.8% EBITDA, and 11.4% net.

What are the highest historical margins of SLB?

SLB's highest recorded margins during the past 5 years were 20.6% gross in Dec 2024, 16.5% operating in Mar 2024, 24.8% EBITDA in Mar 2023, and 13% net in Sep 2023.

What are the lowest historical margins of SLB?

In the last 5 years, the lowest margins reported by SLB were 14.7% gross in Sep 2021, 10.7% operating in Sep 2021, 19.7% EBITDA in Jun 2026, and 7.4% net in Sep 2021.