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Side-by-side financial comparison of Principal Financial Group (PFG) 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 $750.8M, roughly 11.6× Principal Financial Group). Schlumberger runs the higher net margin — 8.6% vs 0.3%, a 8.4% gap on every dollar of revenue. On growth, Principal Financial Group posted the faster year-over-year revenue change (4.0% vs 2.7%). Over the past eight quarters, Schlumberger's revenue compounded faster (-2.3% CAGR vs -58.3%).

Principal Financial Group, Inc. (PFG) is an American global financial investment management and insurance company headquartered in Des Moines, Iowa, United States.

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.

PFG vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
11.6× larger
SLB
$8.7B
$750.8M
PFG
Growing faster (revenue YoY)
PFG
PFG
+1.3% gap
PFG
4.0%
2.7%
SLB
Higher net margin
SLB
SLB
8.4% more per $
SLB
8.6%
0.3%
PFG
Faster 2-yr revenue CAGR
SLB
SLB
Annualised
SLB
-2.3%
-58.3%
PFG

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
PFG
PFG
SLB
SLB
Revenue
$750.8M
$8.7B
Net Profit
$1.9M
$752.0M
Gross Margin
Operating Margin
Net Margin
0.3%
8.6%
Revenue YoY
4.0%
2.7%
Net Profit YoY
783.0%
-5.6%
EPS (diluted)
$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
PFG
PFG
SLB
SLB
Q1 26
$750.8M
$8.7B
Q4 25
$4.6B
$9.7B
Q3 25
$3.7B
$8.9B
Q2 25
$3.7B
$8.5B
Q1 25
$3.7B
$8.5B
Q4 24
$4.8B
$9.3B
Q3 24
$3.0B
$9.2B
Q2 24
$4.3B
$9.1B
Net Profit
PFG
PFG
SLB
SLB
Q1 26
$1.9M
$752.0M
Q4 25
$517.0M
$824.0M
Q3 25
$213.8M
$739.0M
Q2 25
$406.2M
$1.0B
Q1 25
$48.1M
$797.0M
Q4 24
$905.4M
$1.1B
Q3 24
$-220.0M
$1.2B
Q2 24
$353.1M
$1.1B
Operating Margin
PFG
PFG
SLB
SLB
Q1 26
Q4 25
9.7%
Q3 25
11.2%
Q2 25
15.0%
Q1 25
12.5%
Q4 24
14.9%
Q3 24
16.5%
Q2 24
15.5%
Net Margin
PFG
PFG
SLB
SLB
Q1 26
0.3%
8.6%
Q4 25
11.3%
8.5%
Q3 25
5.8%
8.3%
Q2 25
11.1%
11.9%
Q1 25
1.3%
9.4%
Q4 24
19.1%
11.8%
Q3 24
-7.3%
12.9%
Q2 24
8.2%
12.2%
EPS (diluted)
PFG
PFG
SLB
SLB
Q1 26
$0.50
Q4 25
$2.30
$0.53
Q3 25
$0.95
$0.50
Q2 25
$1.79
$0.74
Q1 25
$0.21
$0.58
Q4 24
$3.92
$0.77
Q3 24
$-0.95
$0.83
Q2 24
$1.49
$0.77

Balance Sheet & Financial Strength

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

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

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
PFG
PFG
SLB
SLB
Q1 26
$3.4B
Q4 25
$4.4B
$1.2B
Q3 25
$5.1B
$571.0M
Q2 25
$3.7B
$511.0M
Q1 25
$3.9B
$961.0M
Q4 24
$4.2B
$1.1B
Q3 24
$6.2B
$1.4B
Q2 24
$4.8B
$1.1B
Total Debt
PFG
PFG
SLB
SLB
Q1 26
$9.7B
Q4 25
$3.9B
Q3 25
$3.9B
Q2 25
$3.9B
Q1 25
$4.3B
Q4 24
$4.0B
Q3 24
$3.9B
Q2 24
$3.9B
Stockholders' Equity
PFG
PFG
SLB
SLB
Q1 26
$27.4B
Q4 25
$11.9B
$26.1B
Q3 25
$11.7B
$25.6B
Q2 25
$11.4B
$20.3B
Q1 25
$11.2B
$19.5B
Q4 24
$11.1B
$21.1B
Q3 24
$11.2B
$21.5B
Q2 24
$11.0B
$21.1B
Total Assets
PFG
PFG
SLB
SLB
Q1 26
$19.3B
Q4 25
$341.4B
$54.9B
Q3 25
$334.5B
$55.1B
Q2 25
$323.1B
$48.8B
Q1 25
$313.0B
$49.0B
Q4 24
$313.7B
$48.9B
Q3 24
$322.9B
$49.8B
Q2 24
$308.8B
$49.4B
Debt / Equity
PFG
PFG
SLB
SLB
Q1 26
0.35×
Q4 25
0.33×
Q3 25
0.34×
Q2 25
0.34×
Q1 25
0.39×
Q4 24
0.36×
Q3 24
0.35×
Q2 24
0.36×

Cash Flow & Capital Efficiency

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

Metric
PFG
PFG
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
PFG
PFG
SLB
SLB
Q1 26
Q4 25
$1.7B
$3.0B
Q3 25
$1.0B
$1.7B
Q2 25
$811.9M
$1.1B
Q1 25
$977.3M
$660.0M
Q4 24
$1.5B
$2.4B
Q3 24
$1.1B
$2.4B
Q2 24
$1.4B
$1.4B
Free Cash Flow
PFG
PFG
SLB
SLB
Q1 26
$103.0M
Q4 25
$2.5B
Q3 25
$1.3B
Q2 25
$771.0M
Q1 25
$262.0M
Q4 24
$1.8B
Q3 24
$2.0B
Q2 24
$973.0M
FCF Margin
PFG
PFG
SLB
SLB
Q1 26
1.2%
Q4 25
25.5%
Q3 25
14.3%
Q2 25
9.0%
Q1 25
3.1%
Q4 24
19.2%
Q3 24
21.7%
Q2 24
10.6%
Capex Intensity
PFG
PFG
SLB
SLB
Q1 26
Q4 25
5.3%
Q3 25
4.6%
Q2 25
4.3%
Q1 25
4.7%
Q4 24
6.6%
Q3 24
5.0%
Q2 24
5.1%
Cash Conversion
PFG
PFG
SLB
SLB
Q1 26
Q4 25
3.37×
3.65×
Q3 25
4.70×
2.28×
Q2 25
2.00×
1.13×
Q1 25
20.32×
0.83×
Q4 24
1.61×
2.18×
Q3 24
2.06×
Q2 24
4.05×
1.29×

Financial Flow Comparison

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

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