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Non-Current Assets

PP&E (Net)

Schlumberger PP&E (Net) decreased by 1.9% to $7.75B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 4.7%, from $7.4B to $7.75B. Over 5 years (FY 2020 to FY 2025), PP&E (Net) shows an upward trend with a 2.9% CAGR.

Analysis

StatementBalance Sheet Statement
SectionNon-Current Assets
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ4 2013
Last reportedQ1 2026Apr 29, 2026

How to read this metric

An increase indicates capital expenditure and growth in productive capacity, while a decrease suggests depreciation outpacing new investment.

Detailed definition

This represents the net book value of the company's tangible, long-lived assets used in operations, such as machinery, f...

Peer comparison

Highly capital-intensive companies in the energy sector typically have significant balances in this category.

Metric ID: property_plant_equipment_net

Historical Data

20 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22Q4 '22Q1 '23Q2 '23Q3 '23Q4 '23Q1 '24Q2 '24Q3 '24Q4 '24Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26
Value$6.47B$6.38B$6.61B$6.35B$6.39B$6.69B$6.61B$6.69B$6.8B$6.88B$7.24B$7.25B$7.34B$7.36B$7.36B$7.4B$7.4B$8B$7.89B$7.75B
QoQ Change-1.5%+3.6%-3.8%+0.5%+4.8%-1.3%+1.3%+1.7%+1.0%+5.3%+0.2%+1.1%+0.3%-0.0%+0.5%+0.0%+8.1%-1.3%-1.9%
YoY Change-1.3%+5.0%+0.0%+5.3%+6.5%+2.7%+9.6%+8.4%+7.8%+7.1%+1.6%+2.0%+0.9%+8.7%+7.3%+4.7%
Range$6.35B$8B
CAGR+3.9%
Avg YoY Growth+4.8%
Median YoY Growth+5.1%
Current Streak2 quarters decline

Geographic Breakdown

View all
SegmentQ4 '21Q4 '22Q4 '23Q4 '24Q4 '25
Middle East$2.05B$2.1B$2.63B$2.79B$2.63B
North America$1.37B$1.46B$1.73B$1.81B$2.02B
Europe Africa$1.8B$1.72B$1.91B
Latin America$868M$913M$1.08B$1.04B$1.34B
Total$6.61B$6.61B$7.24B$7.36B$7.89B

Frequently Asked Questions

What is Schlumberger 's pp&e (net)?
Schlumberger (SLB) reported pp&e (net) of $7.75B in Q1 2026.
How has Schlumberger 's pp&e (net) changed year-over-year?
Schlumberger 's pp&e (net) increased by 4.7% year-over-year, from $7.4B to $7.75B.
What is the long-term trend for Schlumberger 's pp&e (net)?
Over 5 years (2020 to 2025), Schlumberger 's pp&e (net) has grown at a 2.9% compound annual growth rate (CAGR), from $6.83B to $7.89B.
What does pp&e (net) mean?
The value of the company's physical assets like buildings and machinery, minus depreciation.