Financials SLB N.V. Mexican S.E.

Stocks

SLB N

AN8068571086

Oil Related Services and Equipment

End-of-day quote Mexican S.E. Other stock markets 2026-07-10			5-day change	1st Jan Change
836.00 ^MXN	+1.19%		+4.37%	+20.69%

11:10am	Oilfield Services Sector Faces Near-Term Uncertainty; Q2 Season to Be 'Tricky,' BofA Securities Says	MT
09:23am	Barclays Adjusts Price Target on SLB to $64 From $66, Maintains Overweight Rating	MT

Projected Income Statement: SLB N.V.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net sales ¹	22,929	28,091	33,135	36,289	35,708	36,494	39,413	42,048
Change	-	22.51%	17.96%	9.52%	-1.6%	2.2%	8%	6.69%
EBITDA ¹	4,912	6,521	8,106	9,070	8,463	7,995	9,393	10,312
Change	-	32.76%	24.31%	11.89%	-6.69%	-5.54%	17.5%	9.78%
EBIT ¹	2,792	4,374	5,794	6,577	5,815	5,265	6,679	7,653
Change	-	56.66%	32.46%	13.51%	-11.59%	-9.45%	26.84%	14.59%
Interest Paid ¹	-539	-490	-503	-512	-558	-477.4	-478.7	-488.5
Earnings before Tax (EBT) ¹	2,374	4,271	5,282	5,672	4,291	4,710	5,965	7,205
Change	-	79.91%	23.67%	7.38%	-24.35%	9.77%	26.63%	20.79%
Net income ¹	1,881	3,441	4,203	4,461	3,374	3,745	4,877	5,581
Change	-	82.93%	22.14%	6.14%	-24.37%	11%	30.21%	14.44%
Announcement Date	1/21/22	1/20/23	1/19/24	1/17/25	1/23/26	-	-	-

¹USD in Million

Estimates

Fiscal Period: December	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2024 Q3	2024 Q4	2025 Q1	2025 Q2	2025 Q3	2025 Q4	2026 Q1	2026 Q2	2026 Q3	2026 Q4	2027 Q1	2027 Q2	2027 Q3	2027 Q4	2028 Q1
Net sales ¹	5,634	5,847	6,225	5,962	6,773	7,477	7,879	7,736	8,099	8,310	8,990	8,707	9,139	9,159	9,284	8,490	8,546	8,928	9,745	8,721	8,683	9,180	9,894	9,387	9,774	10,204	10,656	10,932
Change	-	3.78%	6.46%	-4.22%	13.6%	10.39%	5.38%	-1.81%	4.69%	2.61%	8.18%	-3.15%	4.96%	0.22%	1.36%	-8.55%	0.66%	4.47%	9.15%	-10.51%	-0.44%	5.72%	7.79%	-5.13%	4.13%	4.39%	4.43%	2.6%
EBITDA ¹	1,195	1,293	1,378	1,263	1,543	1,756	1,937	1,785	1,959	2,080	2,284	2,058	2,288	2,343	2,382	2,020	2,051	2,061	2,331	1,773	1,790	2,056	2,358	2,071	2,246	2,518	2,738	2,443
Change	-	8.2%	6.57%	-8.35%	22.17%	13.8%	10.31%	-7.85%	9.75%	6.18%	9.81%	-9.89%	11.18%	2.4%	1.66%	-15.2%	1.53%	0.49%	13.1%	-23.94%	0.94%	14.88%	14.67%	-12.15%	8.45%	12.09%	8.75%	-10.76%
EBIT ¹	669	763	846	730	1,011	1,245	1,388	1,222	1,398	1,501	1,675	1,458	1,663	1,715	1,741	1,377	1,415	1,423	1,599	1,093	1,099	1,338	1,678	1,448	1,593	1,859	2,071	1,695
Change	-	14.05%	10.88%	-13.71%	38.49%	23.15%	11.49%	-11.96%	14.4%	7.37%	11.59%	-12.96%	14.06%	3.13%	1.52%	-20.91%	2.76%	0.57%	12.37%	-31.64%	0.55%	21.71%	25.45%	-13.7%	9.99%	16.73%	11.37%	-18.18%
Charge d'intérêts ¹	-136	-130	-137	-123	-124	-122	-121	-117	-127	-129	-130	-113	-132	-136	-131	-147	-142	-142	-126	-116	-116.5	-116.7	-115.9	-116.2	-115	-115.2	-115.2	-118
Earnings before Tax (EBT) ¹	542	691	755	638	1,152	1,134	1,347	1,161	1,293	1,395	1,433	1,357	1,421	1,507	1,387	1,063	1,285	1,000	943	956	1,009	1,224	1,521	1,242	1,325	1,626	1,823	1,551
Change	-	27.49%	9.26%	-15.5%	80.56%	-1.56%	18.78%	-13.81%	11.37%	7.89%	2.72%	-5.3%	4.72%	6.05%	-7.96%	-23.36%	20.88%	-22.18%	-5.7%	1.38%	5.57%	21.32%	24.19%	-18.32%	6.68%	22.72%	12.1%	-14.9%
Net income ¹	431	550	601	510	959	907	1,065	934	1,033	1,123	1,113	1,068	1,112	1,186	1,095	797	1,014	739	824	752	785.5	975	1,244	982.8	1,073	1,293	1,456	1,165
Change	-	27.61%	9.27%	-15.14%	88.04%	-5.42%	17.42%	-12.3%	10.6%	8.71%	-0.89%	-4.04%	4.12%	6.65%	-7.67%	-27.21%	27.23%	-27.12%	11.5%	-8.74%	4.45%	24.13%	27.57%	-20.99%	9.2%	20.53%	12.54%	-19.96%
Announcement Date	7/23/21	10/22/21	1/21/22	4/22/22	7/22/22	10/21/22	1/20/23	4/21/23	7/21/23	10/20/23	1/19/24	4/19/24	7/19/24	10/18/24	1/17/25	4/25/25	7/18/25	10/17/25	1/23/26	4/24/26	-	-	-	-	-	-	-	-

¹USD in Million

Estimates

Forecast Balance Sheet: SLB N.V.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt ¹	11,056	9,332	7,976	7,405	7,424	7,358	6,433	4,636
Change	-	-15.59%	-14.53%	-7.16%	0.26%	-0.89%	-12.57%	-27.93%
Announcement Date	1/21/22	1/20/23	1/19/24	1/17/25	1/23/26	-	-	-

¹USD in Million

Estimates

Cash Flow Forecast: SLB N.V.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	1,141	1,618	1,939	1,931	1,694	1,940	2,168	2,402
Change	-	41.81%	19.84%	-0.41%	-12.27%	14.51%	11.77%	10.8%
Free Cash Flow (FCF) ¹	2,997	1,418	4,038	3,990	4,115	4,352	5,139	6,263
Change	-	-52.69%	184.77%	-1.19%	3.13%	5.75%	18.1%	21.87%
Announcement Date	1/21/22	1/20/23	1/19/24	1/17/25	1/23/26	-	-	-

¹USD in Million

Estimates

Forecast Financial Ratios: SLB N.V.

Fiscal Period: December	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	21.42%	23.21%	24.46%	24.99%	23.7%	21.91%	23.83%	24.52%
EBIT Margin (%)	12.18%	15.57%	17.49%	18.12%	16.28%	14.43%	16.95%	18.2%
EBT Margin (%)	10.35%	15.2%	15.94%	15.63%	12.02%	12.91%	15.13%	17.13%
Net margin (%)	8.2%	12.25%	12.68%	12.29%	9.45%	10.26%	12.37%	13.27%
FCF margin (%)	13.07%	5.05%	12.19%	11%	11.52%	11.92%	13.04%	14.9%
FCF / Net Income (%)	159.33%	41.21%	96.07%	89.44%	121.96%	116.19%	105.38%	112.23%
Profitability
ROA	4.61%	8.13%	9.23%	9.21%	8.11%	6.93%	8.2%	9%
ROE	13.53%	20.68%	21.36%	20.41%	16.96%	14.04%	17.74%	19.75%
Financial Health
Leverage (Debt/EBITDA)	2.25x	1.43x	0.98x	0.82x	0.88x	0.92x	0.68x	0.45x
Debt / Free cash flow	3.69x	6.58x	1.98x	1.86x	1.8x	1.69x	1.25x	0.74x
Capital Intensity
CAPEX / Current Assets (%)	4.98%	5.76%	5.85%	5.32%	4.74%	5.32%	5.5%	5.71%
CAPEX / EBITDA (%)	23.23%	24.81%	23.92%	21.29%	20.02%	24.26%	23.08%	23.29%
CAPEX / FCF (%)	38.07%	114.1%	48.02%	48.4%	41.17%	44.58%	42.19%	38.35%
Items per share
Cash flow per share ¹	3.291	3.778	4.599	4.598	4.474	4.224	4.836	5.56
Change	-	14.8%	21.74%	-0.04%	-2.69%	-5.58%	14.48%	14.97%
Dividend per Share ¹	0.5	0.725	1.025	1.1	1.14	1.176	1.239	1.323
Change	-	45%	41.38%	7.32%	3.64%	3.15%	5.33%	6.85%
Book Value Per Share ¹	10.72	12.45	14.95	15.56	18.99	17.99	18.89	19.44
Change	-	16.2%	20.03%	4.13%	22.02%	-5.27%	5.01%	2.9%
EPS ¹	1.32	2.39	2.91	3.11	2.35	2.516	3.327	3.953
Change	-	81.06%	21.76%	6.87%	-24.44%	7.05%	32.25%	18.82%
Nbr of stocks (in thousands)	1,402,633	1,417,994	1,428,270	1,412,154	1,493,924	1,495,058	1,495,058	1,495,058
Announcement Date	1/21/22	1/20/23	1/19/24	1/17/25	1/23/26	-	-	-