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Schlumberger SLB Production Systems — Goodwill Acquired

Other segment segments

Reservoir Performance
$250M
Well Construction
$200M+3,900%
Digital Integration
$16M

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Other financials

Income statement

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Revenue$9.0B+5.0%
Operating income$1.6B+18.5%
Net income$786.0M-22.5%
EPS (diluted)$0.52-29.7%

Balance sheet

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Cash & equivalents$2.7B-15.2%
Total debt$11.1B+2.3%
Total equity$26.1B+28.4%
Total assets$55.5B+13.9%

Cash flow

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Operating cash flow$1.4B+19.0%
CapEx$459.0M+23.7%
Free cash flow$900.0M+16.7%

Valuation

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Market cap$73.6B+50.1%
Enterprise value$82B+44.6%
P/E23.7×+11.7×
P/S+0.6×

Profitability

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Gross margin22.6%
Operating margin19.4%+2.6pp
Net margin8.5%-3.0pp
FCF margin13.2%-0.3pp

Returns & leverage

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Return on equity13.4%-6.4pp
Debt / equity0.4×-0.1×
Current ratio1.4×+0.1×

Where this comes from

Reported directly by Schlumberger in its filing.

Tagged under the XBRL concept us-gaap:GoodwillAcquiredDuringPeriod.

The source filing: Schlumberger ’s 10-K, filed January 23, 2026.

Filed
Jan 23, 2026, 4:01 PM EST
Fiscal year
FY2025
Accession
0001193125-26-021017
Line itemDigitalReservoir / PerformanceWell / ConstructionProduction / SystemsAll OtherTotal
Balance, December 31, 2023$2,044$3,804$6,417$1,819-$14,084
Acquisitions--522482509
Balance, December 31, 20242,0443,8046,4221,84148214,593
Acquisition of ChampionX-2502001,858-2,308
Other acquisitions1657---73
Impairment (see Note 3)----(210)(210)
Impact of changes in exchange rate and other--(24)-5430
Balance, December 31, 2025$2,060$4,111$6,598$3,699$326$16,794

Item 8. Financial Statements and Supplementary Data.

FAQ

What is Schlumberger 's production systems — goodwill acquired?
Schlumberger (SLB) reported production systems — goodwill acquired of $21M in Q4 2025.
How has Schlumberger 's production systems — goodwill acquired changed year-over-year?
Schlumberger 's production systems — goodwill acquired increased by 281.8% year-over-year, from $5.5M to $21M.
What does production systems — goodwill acquired mean?
This metric tracks the specific amount of goodwill recognized during the current reporting period resulting from business combinations allocated to the Production Systems segment. It highlights the capital deployed toward inorganic growth and the strategic expansion of the segment's service or product capabilities. Investors use this to evaluate the intensity of the company's external growth strategy within this specific business line.

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