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Slb vs Select Water Solutions: revenue, profit, margins and growth compared

Slb brought in $35.7B of revenue in fiscal 2025, Select Water Solutions $1.4B in fiscal 2025. Revenue changed by -1.6% at Slb and -3.1% at Select Water Solutions on the year before, so Slb grew faster. Slb kept 9.4% of its revenue as net profit, Select Water Solutions 1.5%. Free cash flow was $4.8B at Slb and -$79.9M at Select Water Solutions.

Side by side, latest fiscal year

SLBWTTR
Fiscal year endedFY2025 (December 31, 2025)FY2025 (December 31, 2025)
Revenue$35.7B$1.4B
Revenue growth-1.6%-3.1%
Net income$3.4B$21.2M
Net margin9.4%1.5%
Free cash flow$4.8B-$79.9M
Free cash flow margin13.4%-5.7%
Earnings per share (diluted)$2.35n/a
Cash$3B$18.1M
Debt$9.7B$320M
Price to earnings21.9n/a
Market value$76.5B$2.7B
Dividend yieldn/an/a
Rank by revenue in sector#10 of 129 · Energy#69 of 129 · Energy

Over the years

Revenue
SLB FY2018: $32.8BSLB FY2019: $32.9BSLB FY2020: $23.6BSLB FY2021: $22.9BSLB FY2022: $28.1BSLB FY2023: $33.1BSLB FY2024: $36.3BSLB FY2025: $35.7BWTTR FY2018: $1.5BWTTR FY2019: $1.3BWTTR FY2020: $605.1MWTTR FY2021: $764.6MWTTR FY2022: $1.4BWTTR FY2023: $1.6BWTTR FY2024: $1.5BWTTR FY2025: $1.4BFY18FY19FY20FY21FY22FY23FY24FY25
SLB $35.7BWTTR $1.4B
Net income
SLB FY2018: $2.1BSLB FY2019: -$10.1BSLB FY2020: -$10.5BSLB FY2021: $1.9BSLB FY2022: $3.4BSLB FY2023: $4.2BSLB FY2024: $4.5BSLB FY2025: $3.4BWTTR FY2018: $36.5MWTTR FY2019: $2.8MWTTR FY2020: -$338.7MWTTR FY2021: -$42.2MWTTR FY2022: $48.3MWTTR FY2023: $74.4MWTTR FY2024: $30.6MWTTR FY2025: $21.2MFY18FY19FY20FY21FY22FY23FY24FY25
SLB $3.4BWTTR $21.2M
Net margin
SLB FY2018: 6.5%SLB FY2019: -30.8%SLB FY2020: -44.6%SLB FY2021: 8.2%SLB FY2022: 12.2%SLB FY2023: 12.7%SLB FY2024: 12.3%SLB FY2025: 9.4%WTTR FY2018: 2.4%WTTR FY2019: 0.2%WTTR FY2020: -56.0%WTTR FY2021: -5.5%WTTR FY2022: 3.5%WTTR FY2023: 4.7%WTTR FY2024: 2.1%WTTR FY2025: 1.5%FY18FY19FY20FY21FY22FY23FY24FY25
SLB 9.4%WTTR 1.5%
Revenue growth
SLB FY2019: +0.3%SLB FY2020: -28.3%SLB FY2021: -2.8%SLB FY2022: +22.5%SLB FY2023: +18.0%SLB FY2024: +9.5%SLB FY2025: -1.6%WTTR FY2019: -15.5%WTTR FY2020: -53.2%WTTR FY2021: +26.4%WTTR FY2022: +81.5%WTTR FY2023: +14.3%WTTR FY2024: -8.4%WTTR FY2025: -3.1%FY19FY20FY21FY22FY23FY24FY25
SLB -1.6%WTTR -3.1%
Free cash flow
SLB FY2018: $3.6BSLB FY2019: $3.7BSLB FY2020: $1.8BSLB FY2021: $3.5BSLB FY2022: $2.1BSLB FY2023: $4.7BSLB FY2024: $4.7BSLB FY2025: $4.8BWTTR FY2018: $67MWTTR FY2019: $93.8MWTTR FY2020: $84.6MWTTR FY2021: -$56.2MWTTR FY2022: -$38.7MWTTR FY2023: $149.5MWTTR FY2024: $61.7MWTTR FY2025: -$79.9MFY18FY19FY20FY21FY22FY23FY24FY25
SLB $4.8BWTTR -$79.9M

Fiscal years as each company reports them; the two may end in different months.

Questions about Slb and Select Water Solutions

Which is bigger by revenue, Slb or Select Water Solutions?

Slb is bigger by revenue: $35.7B in fiscal 2025, against $1.4B for Select Water Solutions in fiscal 2025.

Which keeps more of its revenue as profit, Slb or Select Water Solutions?

Slb had a net margin of 9.4% in fiscal 2025; Select Water Solutions had 1.5% in fiscal 2025.

Which grew revenue faster, Slb or Select Water Solutions?

In their latest fiscal years revenue changed by -1.6% at Slb and -3.1% at Select Water Solutions.

Where do these numbers come from?

From the annual reports each company files with the SEC (10-K, or 20-F and 40-F for foreign companies), read from their XBRL data. Margins and growth are simple arithmetic on those figures. Nothing here is a recommendation.

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