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Schlumberger SLB Well Construction — Goodwill Acquired

Other segment segments

Reservoir Performance
$250M
Production Systems
$21M+282%
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 well construction — goodwill acquired?
Schlumberger (SLB) reported well construction — goodwill acquired of $50M in Q4 2025.
How has Schlumberger 's well construction — goodwill acquired changed year-over-year?
Schlumberger 's well construction — goodwill acquired increased by 3900.0% year-over-year, from $1.25M to $50M.
What is the long-term trend for Schlumberger 's well construction — goodwill acquired?
Over 2 years (2023 to 2025), Schlumberger 's well construction — goodwill acquired has grown at a 21.3% compound annual growth rate (CAGR), from $136M to $200M.
What does well construction — goodwill acquired mean?
This represents the value of goodwill recognized during the reporting period specifically resulting from business combinations within the Well Construction segment. It captures the excess of the purchase price over the fair value of net assets acquired in new transactions. This metric is a key indicator of the company's inorganic growth activity and capital deployment strategy for this specific business line.

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