Stock Analysis on Net

SLB N.V. (NYSE:SLB)

$24.99

Balance Sheet: Liabilities and Stockholders’ Equity
Quarterly Data

The balance sheet provides creditors, investors, and analysts with information on company resources (assets) and its sources of capital (its equity and liabilities). It normally also provides information about the future earnings capacity of a company assets as well as an indication of cash flows that may come from receivables and inventories.

Liabilities represents obligations of a company arising from past events, the settlement of which is expected to result in an outflow of economic benefits from the entity.

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SLB N.V., consolidated balance sheet: liabilities and stockholders’ equity (quarterly data)

US$ in millions

Microsoft Excel
Sep 30, 2025 Jun 30, 2025 Mar 31, 2025 Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Accounts payable and accrued liabilities
Estimated liability for taxes on income
Short-term borrowings and current portion of long-term debt
Dividends payable
Current liabilities
Long-term debt, excluding current portion
Postretirement benefits
Deferred taxes
Other liabilities
Noncurrent liabilities
Total liabilities
Common stock
Treasury stock
Retained earnings
Accumulated other comprehensive loss
Total SLB stockholders’ equity
Noncontrolling interests
Total equity
Total liabilities and equity

Based on: 10-Q (reporting date: 2025-09-30), 10-Q (reporting date: 2025-06-30), 10-Q (reporting date: 2025-03-31), 10-K (reporting date: 2024-12-31), 10-Q (reporting date: 2024-09-30), 10-Q (reporting date: 2024-06-30), 10-Q (reporting date: 2024-03-31), 10-K (reporting date: 2023-12-31), 10-Q (reporting date: 2023-09-30), 10-Q (reporting date: 2023-06-30), 10-Q (reporting date: 2023-03-31), 10-K (reporting date: 2022-12-31), 10-Q (reporting date: 2022-09-30), 10-Q (reporting date: 2022-06-30), 10-Q (reporting date: 2022-03-31), 10-K (reporting date: 2021-12-31), 10-Q (reporting date: 2021-09-30), 10-Q (reporting date: 2021-06-30), 10-Q (reporting date: 2021-03-31), 10-K (reporting date: 2020-12-31), 10-Q (reporting date: 2020-09-30), 10-Q (reporting date: 2020-06-30), 10-Q (reporting date: 2020-03-31).


Accounts Payable and Accrued Liabilities
This liability category exhibited a general decline from early 2020 to mid-2021, decreasing from approximately $10.2 billion to around $7.6 billion. Subsequently, a gradual increase was observed through 2022 and into 2023, peaking at about $10.9 billion by the end of 2023. The amounts remained somewhat stable with minor fluctuations in 2024 and 2025, ending near $10.9 billion.
Estimated Liability for Taxes on Income
The estimated tax liability showed a downward trend from early 2020 through mid-2021, declining from roughly $1.2 billion to below $900 million. After a moderate recovery to just over $1 billion by the end of 2022, the amounts trended downward again through 2024 and 2025, falling below $1 billion, ending around $810 million.
Short-term Borrowings and Current Portion of Long-term Debt
The short-term borrowings displayed significant volatility. Initial values hovered near $1.2 billion in March 2020 but decreased sharply mid-2020 to around $600 million. Following this, a notable increase and spikes were observed, with peaks exceeding $3.4 billion in mid-2025. The trend indicates increased reliance on short-term debt in later periods.
Dividends Payable
Dividends payable remained relatively stable throughout the period, with values fluctuating moderately between approximately $184 million and $444 million. A slight upward trend is detectable towards 2024 and 2025, implying gradually increasing dividend obligations.
Current Liabilities
Current liabilities declined from about $13.3 billion at the start of 2020 down to approximately $8.8 billion mid-2021, followed by a steady increase to a peak near $15 billion in mid-2025. The overall movement suggests improved short-term liability management early on, with a later increase possibly reflecting expanded operations or increased short-term obligations.
Long-term Debt, Excluding Current Portion
The long-term debt showed a moderate decreasing trend from approximately $15.4 billion at the beginning of 2020 to about $10.5 billion by mid-2025. There were some fluctuations in late 2023 and early 2024, but the general direction indicates debt reduction or repayment over the period.
Postretirement Benefits
Postretirement benefit liabilities declined steadily from nearly $936 million in early 2020 to around $165 million by the end of 2022. Afterwards, minimal fluctuations and some slight increases occurred, mostly stabilizing between $500 million and $510 million in 2024 and 2025.
Deferred Taxes
Deferred tax liabilities were irregular, with missing data during early periods. However, available data indicates variability, with values ranging from near zero to a substantial $827 million by the end of 2025. The variability suggests changes in tax planning and recognition of deferred items.
Other Liabilities
Other liabilities trended downward overall, decreasing from around $3 billion at the start of 2020 to approximately $1.8 billion by mid-2025. Minor increases occurred in periods but the general trend reveals a reduction in miscellaneous liabilities.
Noncurrent Liabilities
Noncurrent liabilities steadily declined from about $19.3 billion in early 2020 to roughly $13.2 billion by mid-2025. Occasional upward movements were noted, but the overall pattern suggests ongoing liability reduction on a long-term basis.
Total Liabilities
Total liabilities decreased from approximately $32.6 billion in early 2020 to around $26.6 billion toward the end of 2023, followed by a slight increase up to approximately $28.3 billion by mid-2025. This reflects overall liability management with some resurgence in obligations in later periods.
Common Stock
Common stock values declined modestly from nearly $13 billion in early 2020 to about $11 billion by early 2023, with a notable increase up to $16.3 billion by late 2025, indicating additional stock issuance or capital increases in the final observed periods.
Treasury Stock
Treasury stock showed a consistent reduction in absolute value, decreasing from a negative $3.3 billion (indicating shares repurchased) in early 2020 to a lesser negative balance near $560 million by early 2023. Following this, repurchases increased again, resulting in a negative value surpassing $3 billion by mid-2025. This pattern reflects active share buyback programs with variation over time.
Retained Earnings
Retained earnings demonstrated a steady increase across the period, rising from approximately $10.7 billion in early 2020 to over $17.7 billion by late 2025. This persistence indicates consistent profitability and reinvestment of earnings during the timeline.
Accumulated Other Comprehensive Loss
Accumulated other comprehensive loss remained relatively consistent in a range around negative $4.7 billion in early 2020, with moderate fluctuations throughout. A noticeable deterioration occurred approaching $4.9 billion negative in early 2024, then a partial improvement was seen through mid-2025, though losses remained substantial.
Total Stockholders’ Equity
Stockholders’ equity increased markedly from roughly $15.6 billion at the beginning of 2020 to around $25.6 billion by late 2025. The growth corresponds with increased retained earnings and common stock, reflecting improving net asset positions over time.
Noncontrolling Interests
Noncontrolling interests were relatively minor but increased substantially from about $400 million in early 2020 to over $1.2 billion by the end of 2025, indicating growing third-party ownership interests within subsidiaries.
Total Equity
Total equity followed the robust upward trend of stockholders’ equity, increasing from about $16.0 billion in early 2020 to nearly $27.0 billion by late 2025, suggesting enhanced capital structure and owner value accumulation.
Total Liabilities and Equity
The sum of liabilities and equity showed a gradual decrease from approximately $48.6 billion in early 2020 to about $42 billion by late 2020, followed by a consistent rise reaching over $55 billion by the end of 2025. This pattern broadly reflects overall growth in company size and capitalization during the period.