Question 1

What is SLB's EV/EBITDA ratio?

Accepted Answer

SLB (SLB) EV/EBITDA ratio is 13.0× as of June 5, 2026. The ratio is calculated by dividing enterprise value by trailing twelve-month EBITDA, using USD-normalised financials (IAS 21 exchange-rate translation for non-USD reporters).

Question 2

How is the EV/EBITDA ratio calculated?

Accepted Answer

EV/EBITDA = Enterprise Value ÷ Trailing Twelve-Month (TTM) EBITDA, where Enterprise Value = Market Capitalisation + Total Debt − Cash & Short-Term Investments. All inputs are sourced from audited GAAP/IFRS filings and translated to USD using period-end exchange rates so the multiple is comparable across companies and currencies.

Question 3

What is the EV/EBITDA ratio?

Accepted Answer

The EV/EBITDA ratio (the enterprise multiple) compares enterprise value (EV) to trailing twelve-month (TTM) EBITDA. EV is calculated as market capitalisation + total debt − cash & short-term investments. Because EV/EBITDA is capital-structure-neutral and ignores non-cash depreciation and amortisation, it is the standard multiple used in M&A and for cross-company or cross-border comparisons. Note: this calculation uses a simplified EV (minority interest and preferred equity excluded due to data availability), consistent with most public financial-data providers.

Question 4

What is a good EV/EBITDA ratio for SLB?

Accepted Answer

Mature, cash-generative businesses commonly trade in the 8–12× EV/EBITDA range; higher-growth, asset-light companies often trade at 15–25×+. EV/EBITDA is most useful for comparing companies with different capital structures (debt levels) or tax regimes. For SLB specifically, the relevant sector benchmark is the current sector median of 10.1×.

Question 5

Is SLB's EV/EBITDA ratio high or low?

Accepted Answer

SLB's EV/EBITDA ratio of 13.0× is above its own 5-year average of 10.6× and above the sector median of 10.1×. That places the current reading at the 71th percentile of its 10-year history. A higher multiple usually reflects stronger expected growth, lower perceived risk, or higher returns on capital; a lower multiple reflects the opposite.

Question 6

What is SLB's historical EV/EBITDA ratio range?

Accepted Answer

In the available daily series, SLB (SLB) EV/EBITDA ratio has ranged from a low of 5.4× in 2008 to a high of 32.9× in 2016. The 5-year average is 10.6× and the 5-year median is 10.8×.

Question 7

What was SLB's EV/EBITDA ratio in 2025?

Accepted Answer

SLB (SLB) EV/EBITDA ratio at the end of 2025 was 8.9×. Annual values reflect the multiple on the last trading day of each calendar year, using the trailing twelve-month EBITDA figure available at that date.

Question 8

Why does SLB's EV/EBITDA ratio change over time?

Accepted Answer

Valuation multiples move with two inputs: the numerator (enterprise value, which tracks share price plus net debt) and the denominator (EBITDA). Share-price changes — driven by interest rates, earnings expectations, risk appetite, and broader market sentiment — typically dominate short-term moves, while changes in the underlying fundamental drive the longer-term trend. As a result, the ratio can rise during stock-price rallies even if the business itself has not become more valuable, and fall during sell-offs even when fundamentals are improving.


2025	$56.46B	$7.15B	8.9×	+1.3×	Dec 31, 2025
2024	$54.48B	$8.07B	7.7×	-3.4×	Dec 31, 2024
2023	$74.37B	$7.46B	11.0×	-2.2×	Dec 31, 2023
2022	$75.91B	$6.43B	13.3×	+2.7×	Dec 31, 2022
2021	$42.02B	$5.03B	10.5×	—	Dec 31, 2021
2020	$30.39B	−$8.33B	—	—	Dec 31, 2020
2019	$55.64B	−$6.22B	—	—	Dec 31, 2019
2018	$49.93B	$6.75B	9.4×	-18.8×	Dec 31, 2018
2017	$93.34B	$3.78B	28.2×	+4.0×	Dec 31, 2017
2016	$116.77B	$5.27B	24.1×	+11.8×	Dec 31, 2016
2015	$87.82B	$7.59B	12.4×	+3.9×	Dec 31, 2015
2014	$109.50B	$13.59B	8.5×	-2.5×	Dec 31, 2014
2013	$118.22B	$11.19B	11.0×	+1.4×	Dec 31, 2013
2012	$92.03B	$10.11B	9.6×	-1.0×	Dec 31, 2012
2011	$91.40B	$9.11B	10.6×	-3.8×	Dec 31, 2011
2010	$113.81B	$8.12B	14.4×	+2.5×	Dec 31, 2010
2009	$77.78B	$6.63B	11.9×	+6.5×	Dec 31, 2009
2008	$50.50B	$9.67B	5.4×	-8.8×	Dec 31, 2008
2007	$117.54B	$8.42B	14.2×	+2.2×	Dec 31, 2007
2006	$74.42B	$6.46B	12.0×	-2.3×	Dec 31, 2006
2005	$57.24B	$4.07B	14.3×	-0.0×	Dec 31, 2005
2004	$39.43B	$2.87B	14.3×	+0.6×	Dec 31, 2004
2003	$32.05B	$2.68B	13.7×	—	Dec 31, 2003
2002	$24.45B	−$389.27M	—	—	Dec 31, 2002
2001	$31.54B	$3.26B	11.4×	—	Dec 31, 2001


Sunrun (RUN)	23.1×
Enphase Energy (ENPH)	22.3×
Williams Companies (WMB)	16.7×
Enbridge (ENB)	14.5×
Kinder Morgan (KMI)	14.1×
Targa Resources (TRGP)	14.0×
Baker Hughes (BKR)	13.6×
Diamondback Energy (FANG)	12.9×
Exxon Mobil (XOM)	12.4×
ONEOK (OKE)	11.5×
Chevron (CVX)	11.1×
Halliburton (HAL)	10.1×
Energy Transfer LP (ET)	9.3×
Valero Energy (VLO)	8.7×
Marathon Petroleum (MPC)	8.4×
Phillips 66 (PSX)	8.3×
First Solar (FSLR)	8.2×
ConocoPhillips (COP)	8.0×
National Fuel Gas (NFG)	7.4×
Occidental Petroleum (OXY)	6.8×
EOG Resources (EOG)	6.7×
EQT (EQT)	6.1×
Devon Energy (DVN)	5.4×
Expand Energy (EXE)	4.1×
APA (APA)	3.4×

EV/EBITDA for SLB (SLB)

EV/EBITDA daily chart for SLB (SLB)

Historical EV/EBITDA for SLB (SLB) from 2001 to 2025

About EV/EBITDA at SLB (SLB)

SLB EV/EBITDA by Year

SLB EV/EBITDA 2025: 8.9×

SLB EV/EBITDA 2024: 7.7×

SLB EV/EBITDA 2023: 11.0×

SLB EV/EBITDA 2022: 13.3×

SLB EV/EBITDA 2021: 10.5×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

SLB (SLB) Key Financials

EV/EBITDA daily chart for SLB (SLB)

Historical EV/EBITDA for SLB (SLB) from 2001 to 2025

About EV/EBITDA at SLB (SLB)

SLB EV/EBITDA by Year

SLB EV/EBITDA 2025: 8.9×

SLB EV/EBITDA 2024: 7.7×

SLB EV/EBITDA 2023: 11.0×

SLB EV/EBITDA 2022: 13.3×

SLB EV/EBITDA 2021: 10.5×

Sector peers by EV/EBITDA — chart

Sector peers by EV/EBITDA — table

Frequently asked questions

+What is SLB's EV/EBITDA ratio?

+How is the EV/EBITDA ratio calculated?

+What is the EV/EBITDA ratio?

+What is a good EV/EBITDA ratio for SLB?

+Is SLB's EV/EBITDA ratio high or low?

+What is SLB's historical EV/EBITDA ratio range?

+What was SLB's EV/EBITDA ratio in 2025?

+Why does SLB's EV/EBITDA ratio change over time?

SLB (SLB) Key Financials