HAL vs SLB

Halliburton (HAL) and Schlumberger (SLB) compared side by side. Schlumberger (SLB) is larger, with a market cap of $78.3B versus $28.9B for Halliburton, about 2.7 times the size. On trailing earnings, SLB is cheaper at 25.6x versus 26.3x for HAL.

Head to head

MetricHALSLB
Market cap$28.9B$78.3B
P/E (TTM)26.3x25.6x
Forward P/E11.8x16.9x
Revenue (TTM)$22.5B$36.9B
Revenue growth1.8%5.8%
Gross margin14.8%16.6%
Operating margin12.4%12.1%
Free cash flow$1.7B$4.6B
Dividend yield1.95%2.22%
1-year return+30.9%+51.0%
5-year return (annual)+8.3%+11.8%
Max drawdown-93%-88%
FI Handbook gradeC+C

Highlighted: the stronger figure on metrics where higher or lower is clearly better.

Growth of $10,000 (5 years, price only)

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HALSLB

HAL vs SLB FAQ

Which is bigger, HAL or SLB?

Schlumberger (SLB) is larger, with a market cap of $78.3B versus $28.9B for Halliburton, about 2.7 times the size.

Is HAL or SLB cheaper?

On trailing earnings, SLB is cheaper at 25.6x versus 26.3x for HAL. A lower P/E can reflect slower expected growth, so compare growth and margins too.

Which stock performed better over the past year, HAL or SLB?

SLB returned +51.0% over the past year including dividends, versus +30.9% for HAL, through October 23, 2026.

Which pays a higher dividend, HAL or SLB?

SLB yields 2.22% versus 1.95% for HAL.

Full pages: Halliburton · Schlumberger