What is Schlumberger 's capex?

Schlumberger (SLB) reported capex of $343M in Q1 2026.

How has Schlumberger 's capex changed year-over-year?

Schlumberger 's capex decreased by 13.8% year-over-year, from $398M to $343M.

What is the long-term trend for Schlumberger 's capex?

Over 4 years (2021 to 2025), Schlumberger 's capex has grown at a 10.4% compound annual growth rate (CAGR), from $1.14B to $1.69B.

What does capex mean?

Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.

Schlumberger SLB CapEx

CapEx at other companies

HalliburtonHAL

$192M-36.4%

RPCRES

$32.11M-0.5%

TETRA TechnologiesTTI

$19.02M+5.9%

NOVA, Inc.NOV

$65M-22.6%

Innovex InternationalINVX

$223K-34.6%

Oil States InternationalOIS

$4.23M-53.8%

Other financials

Income statement

See full

Revenue$8.7B+2.7%

Operating income$1.6B+18.5%

Net income$752.0M-5.6%

EPS (diluted)$0.50-13.8%

Balance sheet

See full

Cash & equivalents$2.8B-4.0%

Total debt$9.7B-8.1%

Total equity$26.2B+34.1%

Total assets$54.5B+11.3%

Cash flow

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Operating cash flow$487.0M-26.2%

Free cash flow$144.0M-45.0%

Valuation

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Market cap$70.9B+46.4%

Enterprise value$77.75B+38.8%

P/E21.3×+9.7×

P/S2×+0.6×

Profitability

See full

Gross margin22.6%—

Operating margin19.4%+2.6pp

Net margin9.3%-2.4pp

FCF margin13%-0.9pp

Returns & leverage

See full

Return on equity14.6%-6.2pp

Debt / equity0.4×-0.2×

Current ratio1.3×+0.1×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

The official record: Schlumberger ’s 10-Q, filed April 29, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Schlumberger 's capex?: Schlumberger (SLB) reported capex of $343M in Q1 2026.
How has Schlumberger 's capex changed year-over-year?: Schlumberger 's capex decreased by 13.8% year-over-year, from $398M to $343M.
What is the long-term trend for Schlumberger 's capex?: Over 4 years (2021 to 2025), Schlumberger 's capex has grown at a 10.4% compound annual growth rate (CAGR), from $1.14B to $1.69B.
What does capex mean?: Cash spent on property, plant, and equipment — the primary measure of investment in productive capacity and infrastructure.