vs

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

Schlumberger is the larger business by last-quarter revenue ($8.7B vs $6.8B, roughly 1.3× Paccar). Schlumberger runs the higher net margin — 8.6% vs 8.2%, a 0.5% gap on every dollar of revenue. On growth, Schlumberger posted the faster year-over-year revenue change (2.7% vs -13.7%). Paccar produced more free cash flow last quarter ($954.4M vs $103.0M). Over the past eight quarters, Schlumberger's revenue compounded faster (-2.3% CAGR vs -11.7%).

Paccar Inc. is an American company that manufactures heavy-duty trucks. It operates subsidiaries including Kenworth, Peterbilt, and DAF Trucks. Headquartered in Bellevue, Washington, PACCAR also provides financial services and industrial parts. Its stock is listed on the Nasdaq and is part of the S&P 500 index.

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.

PCAR vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
1.3× larger
SLB
$8.7B
$6.8B
PCAR
Growing faster (revenue YoY)
SLB
SLB
+16.5% gap
SLB
2.7%
-13.7%
PCAR
Higher net margin
SLB
SLB
0.5% more per $
SLB
8.6%
8.2%
PCAR
More free cash flow
PCAR
PCAR
$851.4M more FCF
PCAR
$954.4M
$103.0M
SLB
Faster 2-yr revenue CAGR
SLB
SLB
Annualised
SLB
-2.3%
-11.7%
PCAR

Income Statement — Q4 FY2025 vs Q1 FY2026

Metric
PCAR
PCAR
SLB
SLB
Revenue
$6.8B
$8.7B
Net Profit
$556.9M
$752.0M
Gross Margin
19.3%
Operating Margin
10.3%
Net Margin
8.2%
8.6%
Revenue YoY
-13.7%
2.7%
Net Profit YoY
-36.1%
-5.6%
EPS (diluted)
$1.06
$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
PCAR
PCAR
SLB
SLB
Q1 26
$8.7B
Q4 25
$6.8B
$9.7B
Q3 25
$6.7B
$8.9B
Q2 25
$7.5B
$8.5B
Q1 25
$7.4B
$8.5B
Q4 24
$7.9B
$9.3B
Q3 24
$8.2B
$9.2B
Q2 24
$8.8B
$9.1B
Net Profit
PCAR
PCAR
SLB
SLB
Q1 26
$752.0M
Q4 25
$556.9M
$824.0M
Q3 25
$590.0M
$739.0M
Q2 25
$723.8M
$1.0B
Q1 25
$505.1M
$797.0M
Q4 24
$872.0M
$1.1B
Q3 24
$972.1M
$1.2B
Q2 24
$1.1B
$1.1B
Gross Margin
PCAR
PCAR
SLB
SLB
Q1 26
Q4 25
19.3%
Q3 25
19.9%
Q2 25
20.2%
Q1 25
20.8%
Q4 24
21.6%
Q3 24
22.0%
Q2 24
22.8%
Operating Margin
PCAR
PCAR
SLB
SLB
Q1 26
Q4 25
10.3%
9.7%
Q3 25
11.1%
11.2%
Q2 25
12.4%
15.0%
Q1 25
8.6%
12.5%
Q4 24
14.5%
14.9%
Q3 24
15.2%
16.5%
Q2 24
16.7%
15.5%
Net Margin
PCAR
PCAR
SLB
SLB
Q1 26
8.6%
Q4 25
8.2%
8.5%
Q3 25
8.8%
8.3%
Q2 25
9.6%
11.9%
Q1 25
6.8%
9.4%
Q4 24
11.0%
11.8%
Q3 24
11.8%
12.9%
Q2 24
12.8%
12.2%
EPS (diluted)
PCAR
PCAR
SLB
SLB
Q1 26
$0.50
Q4 25
$1.06
$0.53
Q3 25
$1.12
$0.50
Q2 25
$1.37
$0.74
Q1 25
$0.96
$0.58
Q4 24
$1.65
$0.77
Q3 24
$1.85
$0.83
Q2 24
$2.13
$0.77

Balance Sheet & Financial Strength

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

Metric
PCAR
PCAR
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$3.4B
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$19.3B
$27.4B
Total Assets
$44.3B
$19.3B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PCAR
PCAR
SLB
SLB
Q1 26
$3.4B
Q4 25
$1.2B
Q3 25
$571.0M
Q2 25
$511.0M
Q1 25
$961.0M
Q4 24
$1.1B
Q3 24
$1.4B
Q2 24
$1.1B
Total Debt
PCAR
PCAR
SLB
SLB
Q1 26
$9.7B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Stockholders' Equity
PCAR
PCAR
SLB
SLB
Q1 26
$27.4B
Q4 25
$19.3B
$26.1B
Q3 25
$19.4B
$25.6B
Q2 25
$18.9B
$20.3B
Q1 25
$18.0B
$19.5B
Q4 24
$17.5B
$21.1B
Q3 24
$18.7B
$21.5B
Q2 24
$17.7B
$21.1B
Total Assets
PCAR
PCAR
SLB
SLB
Q1 26
$19.3B
Q4 25
$44.3B
$54.9B
Q3 25
$44.2B
$55.1B
Q2 25
$44.1B
$48.8B
Q1 25
$42.7B
$49.0B
Q4 24
$43.4B
$48.9B
Q3 24
$43.3B
$49.8B
Q2 24
$41.2B
$49.4B
Debt / Equity
PCAR
PCAR
SLB
SLB
Q1 26
0.35×
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24

Cash Flow & Capital Efficiency

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

Metric
PCAR
PCAR
SLB
SLB
Operating Cash FlowLast quarter
$1.1B
Free Cash FlowOCF − Capex
$954.4M
$103.0M
FCF MarginFCF / Revenue
14.0%
1.2%
Capex IntensityCapex / Revenue
2.8%
Cash ConversionOCF / Net Profit
2.05×
TTM Free Cash FlowTrailing 4 quarters
$3.7B
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
PCAR
PCAR
SLB
SLB
Q1 26
Q4 25
$1.1B
$3.0B
Q3 25
$1.5B
$1.7B
Q2 25
$833.4M
$1.1B
Q1 25
$910.3M
$660.0M
Q4 24
$1.4B
$2.4B
Q3 24
$1.3B
$2.4B
Q2 24
$440.0M
$1.4B
Free Cash Flow
PCAR
PCAR
SLB
SLB
Q1 26
$103.0M
Q4 25
$954.4M
$2.5B
Q3 25
$1.4B
$1.3B
Q2 25
$611.3M
$771.0M
Q1 25
$745.2M
$262.0M
Q4 24
$1.2B
$1.8B
Q3 24
$1.1B
$2.0B
Q2 24
$219.7M
$973.0M
FCF Margin
PCAR
PCAR
SLB
SLB
Q1 26
1.2%
Q4 25
14.0%
25.5%
Q3 25
20.4%
14.3%
Q2 25
8.1%
9.0%
Q1 25
10.0%
3.1%
Q4 24
15.3%
19.2%
Q3 24
13.3%
21.7%
Q2 24
2.5%
10.6%
Capex Intensity
PCAR
PCAR
SLB
SLB
Q1 26
Q4 25
2.8%
5.3%
Q3 25
2.5%
4.6%
Q2 25
3.0%
4.3%
Q1 25
2.2%
4.7%
Q4 24
3.0%
6.6%
Q3 24
2.4%
5.0%
Q2 24
2.5%
5.1%
Cash Conversion
PCAR
PCAR
SLB
SLB
Q1 26
Q4 25
2.05×
3.65×
Q3 25
2.59×
2.28×
Q2 25
1.15×
1.13×
Q1 25
1.80×
0.83×
Q4 24
1.66×
2.18×
Q3 24
1.32×
2.06×
Q2 24
0.39×
1.29×

Financial Flow Comparison

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

Revenue Breakdown by Segment

PCAR
PCAR

Truck Subsegment$4.5B66%
Parts Subsegment$1.7B25%
Other$359.4M5%
Financial Services$208.1M3%

SLB
SLB

Segment breakdown not available.

Related Comparisons