vs

Side-by-side financial comparison of Nucor (NUE) and Schlumberger (SLB). Click either name above to swap in a different company.

Nucor is the larger business by last-quarter revenue ($9.5B vs $8.7B, roughly 1.1× Schlumberger). Schlumberger runs the higher net margin — 8.6% vs 7.8%, a 0.8% gap on every dollar of revenue. On growth, Nucor posted the faster year-over-year revenue change (21.3% vs 2.7%). Over the past eight quarters, Nucor's revenue compounded faster (8.4% CAGR vs -2.3%).

Nucor Corporation is an American company based in Charlotte, North Carolina, that produces steel and related products. It is the largest steel producer in the United States and the largest recycler of scrap in North America. Nucor is the 16th-largest steel producer in the world. Along with Commercial Metals Company, it is one of two primary suppliers of rebar used to reinforce concrete in buildings, bridges, roads, and infrastructure in the U.S.

SLB, formerly known as Schlumberger, is an American multinational oilfield services company. Founded in France in 1926, the company is now incorporated as SLB N.V. in Willemstad, Curaçao, with principal executive offices in four cities: Paris, France; Houston, Texas, United States; London, UK; and The Hague, Netherlands. As of 2022, it is both the world's largest offshore drilling company and the world's largest offshore drilling contractor by revenue.

NUE vs SLB — Head-to-Head

Bigger by revenue
NUE
NUE
1.1× larger
NUE
$9.5B
$8.7B
SLB
Growing faster (revenue YoY)
NUE
NUE
+18.6% gap
NUE
21.3%
2.7%
SLB
Higher net margin
SLB
SLB
0.8% more per $
SLB
8.6%
7.8%
NUE
Faster 2-yr revenue CAGR
NUE
NUE
Annualised
NUE
8.4%
-2.3%
SLB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
NUE
NUE
SLB
SLB
Revenue
$9.5B
$8.7B
Net Profit
$743.0M
$752.0M
Gross Margin
Operating Margin
Net Margin
7.8%
8.6%
Revenue YoY
21.3%
2.7%
Net Profit YoY
376.3%
-5.6%
EPS (diluted)
$3.23
$0.50

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
NUE
NUE
SLB
SLB
Q1 26
$9.5B
$8.7B
Q4 25
$8.5B
$9.7B
Q3 25
$8.5B
$8.9B
Q2 25
$7.8B
$8.5B
Q1 25
$8.5B
Q4 24
$7.1B
$9.3B
Q3 24
$7.4B
$9.2B
Q2 24
$8.1B
$9.1B
Net Profit
NUE
NUE
SLB
SLB
Q1 26
$743.0M
$752.0M
Q4 25
$607.0M
$824.0M
Q3 25
$603.0M
$739.0M
Q2 25
$156.0M
$1.0B
Q1 25
$797.0M
Q4 24
$287.0M
$1.1B
Q3 24
$249.9M
$1.2B
Q2 24
$645.2M
$1.1B
Gross Margin
NUE
NUE
SLB
SLB
Q1 26
Q4 25
13.9%
Q3 25
14.5%
Q2 25
7.7%
Q1 25
Q4 24
8.9%
Q3 24
10.2%
Q2 24
14.8%
Operating Margin
NUE
NUE
SLB
SLB
Q1 26
Q4 25
10.4%
9.7%
Q3 25
10.6%
11.2%
Q2 25
3.6%
15.0%
Q1 25
12.5%
Q4 24
5.5%
14.9%
Q3 24
5.2%
16.5%
Q2 24
11.1%
15.5%
Net Margin
NUE
NUE
SLB
SLB
Q1 26
7.8%
8.6%
Q4 25
7.1%
8.5%
Q3 25
7.1%
8.3%
Q2 25
2.0%
11.9%
Q1 25
9.4%
Q4 24
4.1%
11.8%
Q3 24
3.4%
12.9%
Q2 24
8.0%
12.2%
EPS (diluted)
NUE
NUE
SLB
SLB
Q1 26
$3.23
$0.50
Q4 25
$2.63
$0.53
Q3 25
$2.60
$0.50
Q2 25
$0.67
$0.74
Q1 25
$0.58
Q4 24
$1.27
$0.77
Q3 24
$1.05
$0.83
Q2 24
$2.68
$0.77

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
NUE
NUE
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$2.5B
$3.4B
Total DebtLower is stronger
$134.0M
$9.7B
Stockholders' EquityBook value
$22.5B
$27.4B
Total Assets
$35.6B
$19.3B
Debt / EquityLower = less leverage
0.01×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
NUE
NUE
SLB
SLB
Q1 26
$2.5B
$3.4B
Q4 25
$2.7B
$1.2B
Q3 25
$2.5B
$571.0M
Q2 25
$4.1B
$511.0M
Q1 25
$961.0M
Q4 24
$4.1B
$1.1B
Q3 24
$4.9B
$1.4B
Q2 24
$5.4B
$1.1B
Total Debt
NUE
NUE
SLB
SLB
Q1 26
$134.0M
$9.7B
Q4 25
$6.7B
Q3 25
$6.7B
Q2 25
$6.7B
Q1 25
Q4 24
$5.7B
Q3 24
$5.7B
Q2 24
$5.6B
Stockholders' Equity
NUE
NUE
SLB
SLB
Q1 26
$22.5B
$27.4B
Q4 25
$20.8B
$26.1B
Q3 25
$20.4B
$25.6B
Q2 25
$20.1B
$20.3B
Q1 25
$19.5B
Q4 24
$20.3B
$21.1B
Q3 24
$20.5B
$21.5B
Q2 24
$20.7B
$21.1B
Total Assets
NUE
NUE
SLB
SLB
Q1 26
$35.6B
$19.3B
Q4 25
$34.8B
$54.9B
Q3 25
$34.2B
$55.1B
Q2 25
$34.7B
$48.8B
Q1 25
$49.0B
Q4 24
$33.9B
$48.9B
Q3 24
$34.3B
$49.8B
Q2 24
$34.2B
$49.4B
Debt / Equity
NUE
NUE
SLB
SLB
Q1 26
0.01×
0.35×
Q4 25
0.32×
Q3 25
0.33×
Q2 25
0.33×
Q1 25
Q4 24
0.28×
Q3 24
0.28×
Q2 24
0.27×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
NUE
NUE
SLB
SLB
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$103.0M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
NUE
NUE
SLB
SLB
Q1 26
Q4 25
$1.3B
$3.0B
Q3 25
$732.0M
$1.7B
Q2 25
$364.0M
$1.1B
Q1 25
$660.0M
Q4 24
$733.4M
$2.4B
Q3 24
$1.3B
$2.4B
Q2 24
$1.5B
$1.4B
Free Cash Flow
NUE
NUE
SLB
SLB
Q1 26
$103.0M
Q4 25
$532.0M
$2.5B
Q3 25
$-222.0M
$1.3B
Q2 25
$-495.0M
$771.0M
Q1 25
$262.0M
Q4 24
$-145.8M
$1.8B
Q3 24
$478.1M
$2.0B
Q2 24
$684.4M
$973.0M
FCF Margin
NUE
NUE
SLB
SLB
Q1 26
1.2%
Q4 25
6.2%
25.5%
Q3 25
-2.6%
14.3%
Q2 25
-6.3%
9.0%
Q1 25
3.1%
Q4 24
-2.1%
19.2%
Q3 24
6.4%
21.7%
Q2 24
8.5%
10.6%
Capex Intensity
NUE
NUE
SLB
SLB
Q1 26
Q4 25
9.5%
5.3%
Q3 25
11.3%
4.6%
Q2 25
11.0%
4.3%
Q1 25
4.7%
Q4 24
12.4%
6.6%
Q3 24
11.1%
5.0%
Q2 24
9.9%
5.1%
Cash Conversion
NUE
NUE
SLB
SLB
Q1 26
Q4 25
2.21×
3.65×
Q3 25
1.21×
2.28×
Q2 25
2.33×
1.13×
Q1 25
0.83×
Q4 24
2.56×
2.18×
Q3 24
5.20×
2.06×
Q2 24
2.30×
1.29×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Related Comparisons