Capital Expenditures for SLB (SLB)
According to SLB's latest reported financial statements, the company's current capital expenditures (TTM) is $1.69B USD. Capital expenditures (CapEx) are cash outlays for property, plant, and equipment and other long-lived productive assets — reported on the cash flow statement under investing activities. CapEx funds future capacity (factories, data centers, software, machinery), so rising spend can signal investment in growth, while heavy CapEx reduces free cash flow available to shareholders. We display CapEx as a positive amount (the absolute cash outflow); compare with revenue to gauge capital intensity and with total assets for the asset-base context.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

SLB
Currently viewingCapital ExpendituresSwitch metric
Latest period
$1.69B
YoY change
-20.4%
5Y CAGR
+6.8%
Peak year (2012)
$5.05B
Cumulative capital expenditures
$74.69B
CapEx history chart for SLB (SLB) from 1989 to 2025
CapEx history table for SLB (SLB) from 1989 to 2025
| Fiscal year | Period ended | Reported | Capital Expenditures | YoY |
|---|---|---|---|---|
| 2025 | $1.69B | -20.4% | ||
| 2024 | $2.13B | +1.8% | ||
| 2023 | $2.09B | +22.0% | ||
| 2022 | $1.72B | +45.3% | ||
| 2021 | $1.18B | -3.0% | ||
| 2020 | $1.22B | -37.7% | ||
| 2019 | $1.96B | -13.5% | ||
| 2018 | $2.26B | -5.2% | ||
| 2017 | $2.38B | -11.2% | ||
| 2016 | $2.69B | -7.3% | ||
| 2015 | $2.90B | -32.6% | ||
| 2014 | $4.30B | -0.9% | ||
| 2013 | $4.34B | -14.1% | ||
| 2012 | $5.05B | +25.6% | ||
| 2011 | $4.02B | +37.8% | ||
| 2010 | $2.91B | +11.0% | ||
| 2009 | $2.63B | -35.5% | ||
| 2008 | $4.07B | +27.5% | ||
| 2007 | $3.19B | +29.3% | ||
| 2006 | $2.47B | +55.0% | ||
| 2005 | $1.59B | +31.0% | ||
| 2004 | $1.22B | +18.6% | ||
| 2003 | $1.03B | -24.9% | ||
| 2002 | $1.37B | -33.5% | ||
| 2001 | $2.05B | +55.1% | ||
| 2000 | $1.32B | +42.7% | ||
| 1999 | $927.30M | -50.9% | ||
| 1998 | $1.89B | +26.2% | ||
| 1997 | $1.50B | +29.2% | ||
| 1996 | $1.16B | +23.3% | ||
| 1995 | $938.80M | +19.9% | ||
| 1994 | $782.80M | +13.3% | ||
| 1993 | $691.10M | -14.6% | ||
| 1992 | $809.50M | -12.1% | ||
| 1991 | $921.30M | +36.4% | ||
| 1990 | $675.40M | +2.0% | ||
| 1989 | $662.30M | — |
CapEx values are taken from SLB's reported cash flow statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, SLB (SLB) reported capital expenditures of $1.69B – declined 20.4% year-over-year.
Looking at the 2020–2025 (5 years) stretch, SLB capital expenditures compounded at +6.8% per year, with the latest reading among the more recent periods of the dataset.
SLB capital expenditures plunged from $5.05B in 2012 to $1.69B in 2025, a 66.4% drawdown.
Across the available history, capital expenditures reached its high of $5.05B in 2012 and its low of $662.30M in 1989.
SLB (SLB) sits 8th of 8 Energy peers we track on this metric, against a peer median of $5.50B.
SLB Capital Expenditures by Year
SLB Capital Expenditures 2025: $1.69B
SLB capital expenditures in 2025 was $1.69B, declined 20.4% below 2024.
SLB Capital Expenditures 2024: $2.13B
SLB capital expenditures in 2024 was $2.13B, edged up 1.8% from 2023.
SLB Capital Expenditures 2023: $2.09B
SLB capital expenditures in 2023 was $2.09B, grew 22.0% from 2022.
SLB Capital Expenditures 2022: $1.72B
SLB capital expenditures in 2022 was $1.72B, surged 45.3% from 2021.
SLB Capital Expenditures 2021: $1.18B
SLB capital expenditures in 2021 was $1.18B.
See more financial history for SLB (SLB).
Sector peers — CapEx
Companies in the same sector as SLB, ranked by their latest capital expenditures.
| Company | Capital Expenditures | Sector |
|---|---|---|
| Exxon Mobil Corporation (XOM) | $28.36B | Energy |
| Chevron Corporation (CVX) | $17.35B | Energy |
| Enbridge Inc. (ENB) | $8.97B | Energy |
| EOG Resources, Inc. (EOG) | $6.12B | Energy |
| The Williams Companies, Inc. (WMB) | $4.89B | Energy |
| Kinder Morgan, Inc. (KMI) | $3.03B | Energy |
| ConocoPhillips (COP) | $3.02B | Energy |
| Valero Energy Corporation (VLO) | $796.00M | Energy |
Frequently asked questions
What is SLB's capital expenditures?
- Latest reported capital expenditures for SLB (SLB) is $1.69B (period ending December 31, 2025).
How has SLB capital expenditures changed year-over-year?
- SLB (SLB) capital expenditures changed -20.4% year-over-year on the latest annual filing.
What is the long-term growth rate of SLB capital expenditures?
- SLB (SLB) capital expenditures compound annual growth rate is +6.8% over the most recent 5 years available.
When did SLB capital expenditures hit its highest annual value?
- SLB capital expenditures reached its highest annual value of $5.05B in 2012.
What was SLB capital expenditures in 2024?
- SLB (SLB) capital expenditures in 2024 was $2.13B.
What was SLB capital expenditures in 2025?
- SLB (SLB) capital expenditures in 2025 was $1.69B.
Metrics overview
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