Aureus
AExcellent

SLB Limited(SLB)

A

Financial data as of Dec 31, 2025Declining · Energy

FCF Margin11.8%Free Cash Flow / Revenue
Cash Conversion192.3%Operating CF / Net Income
Free Cash Flow$4.5B
Revenue$35.7B
Net Cash-$8.6BNet debt position
Debt / FCF2.8xManageable debt load
Current Ratio1.33Adequate short-term liquidity
YoY FCF Growth-117.5%4 of 5 quarters positive

How This Grade Was Calculated

Base grade from FCF margin, adjusted by financial health factors

BaseA
→
-1Significant YoY FCF decline (-117.5%)
→
-0.5Highly volatile FCF (consistency: 1.00)
→
+1Very low debt-to-FCF ratio (2.8x; 1.8x sector-adjusted)
→
FinalA

Analysis Summary

Strengths

  • Healthy FCF margin (11.8%)
  • Excellent cash conversion (192%)

Concerns

  • Net debt position ($8.6B) — 2.8x FCF, manageable
  • Significant YoY FCF decline (-117.5%)
  • Highly volatile quarterly FCF

Financial Breakdown

Key financials compared side by side

Margin Composition

FCF Margin11.8%
Net Margin9.4%
Operating CF Margin18.2%
CapEx Ratio5.4%

Balance Sheet Health

Debt, liquidity, and leverage snapshot

Net Cash-$8.6BNet debt position
Debt / FCF2.8xManageable debt load
Current Ratio1.33Adequate liquidity
Debt / Equity0.45Low leverage

Quarterly FCF Trend

-117.5% YoYDeclining (-117.5%)

Free cash flow per quarter

Sector Comparison — Energy

FCF Margin ranked against sector peers

View all →

Detailed Metrics

Company NameSLB Limited
SectorEnergy
Free Cash Flow$4.5B
Revenue$35.7B
Net Income$3.4B
Operating Cash Flow$6.5B
Capital Expenditure$1.9B
FCF Margin11.8%
Cash Conversion Rate192.3%
Net Margin9.4%
Total Debt$11.6B
Total Cash$3.0B
Net Cash-$8.6B
Current Ratio1.33
Debt / Equity0.45
Debt / FCF2.8x
YoY FCF Growth-117.5%
Positive Quarters4 of 5
Trend DirectionDeclining
Report DateDec 31, 2025
GradeA
Data SourceYahoo Finance

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