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SLB Limited vs Oceaneering International: SLB and OII compared
SLB Limited is the larger company: $9.4B of revenue in its latest quarter (Q3 2026) against $785M for Oceaneering International (Q3 2026). SLB Limited is growing faster (+6% against +6% a year earlier). Oceaneering International is more profitable, with an operating margin of 11.7% against 10.8%.
Where the money goes: SLB and OII
SLB Limited (SLB) · Q3 2026
SLB Limited, Q3 2026: revenue $9.4B (+6% year over year), operating margin 10.8%, net earnings $735M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
Oceaneering International (OII) · Q3 2026
Oceaneering International, Q3 2026: revenue $785M (+6% year over year), operating margin 11.7%, net earnings $52.6M, operating cash flow $163M. The chart follows the revenue to costs, profit and cash.
| SLB Limited (SLB) | Oceaneering International (OII) | |
|---|---|---|
| Latest quarter | Q3 2026 | Q3 2026 |
| Revenue | $9.4B | $785M |
| Revenue growth, Y/Y | +6% | +6% |
| Gross margin | — | 21.0% |
| Operating margin | 10.8% | 11.7% |
| Net earnings | $735M | $52.6M |
| Net margin | 7.8% | 6.7% |
| Operating cash flow | $1.5B | $163M |
| Free cash flow | $1.0B | $142M |
| Market value | $74.3B | $3.5B |
| P/E | 24.3× | 10.4× |
| Analysts’ mean target | $62.24 | $41.00 |
Where the revenue comes from
SLB Limited
- Service: $5.1B (54%)
- Product: $4.4B (46%)
Oceaneering International
- Subsea Robotics: $233M (30%)
- Offshore Projects Group: $173M (22%)
- Manufactured Products: $168M (21%)
- Aerospace and Defense Technologies: $135M (17%)
Questions
Which is bigger, SLB Limited or Oceaneering International?
SLB Limited is the larger company: $9.4B of revenue in its latest quarter (Q3 2026) against $785M for Oceaneering International (Q3 2026).
Is SLB Limited or Oceaneering International growing faster?
SLB Limited is growing faster (+6% against +6% a year earlier).
Which is more profitable, SLB Limited or Oceaneering International?
Oceaneering International is more profitable, with an operating margin of 11.7% against 10.8%.
More: SLB Limited earnings · how SLB Limited makes money · Oceaneering International earnings · how Oceaneering International makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Oct 28, 2026; 10-Q filed Oct 22, 2026). Fiscal quarters can end on different dates. Not investment advice.