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Side-by-side financial comparison of Sherwin-Williams (SHW) 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 $5.7B, roughly 1.5× Sherwin-Williams). Sherwin-Williams runs the higher net margin — 9.4% vs 8.6%, a 0.8% gap on every dollar of revenue. On growth, Sherwin-Williams posted the faster year-over-year revenue change (6.8% vs 2.7%). Over the past eight quarters, Schlumberger's revenue compounded faster (-2.3% CAGR vs -4.9%).

Sherwin-Williams is an American paints and coatings company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products with operations in over 120 countries. As of 2024, it is the largest coatings company in the world by revenue.

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.

SHW vs SLB — Head-to-Head

Bigger by revenue
SLB
SLB
1.5× larger
SLB
$8.7B
$5.7B
SHW
Growing faster (revenue YoY)
SHW
SHW
+4.1% gap
SHW
6.8%
2.7%
SLB
Higher net margin
SHW
SHW
0.8% more per $
SHW
9.4%
8.6%
SLB
Faster 2-yr revenue CAGR
SLB
SLB
Annualised
SLB
-2.3%
-4.9%
SHW

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SHW
SHW
SLB
SLB
Revenue
$5.7B
$8.7B
Net Profit
$534.7M
$752.0M
Gross Margin
49.1%
Operating Margin
Net Margin
9.4%
8.6%
Revenue YoY
6.8%
2.7%
Net Profit YoY
6.1%
-5.6%
EPS (diluted)
$2.15
$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
SHW
SHW
SLB
SLB
Q1 26
$5.7B
$8.7B
Q4 25
$5.6B
$9.7B
Q3 25
$6.4B
$8.9B
Q2 25
$6.3B
$8.5B
Q1 25
$5.3B
$8.5B
Q4 24
$5.3B
$9.3B
Q3 24
$6.2B
$9.2B
Q2 24
$6.3B
$9.1B
Net Profit
SHW
SHW
SLB
SLB
Q1 26
$534.7M
$752.0M
Q4 25
$476.8M
$824.0M
Q3 25
$833.1M
$739.0M
Q2 25
$754.7M
$1.0B
Q1 25
$503.9M
$797.0M
Q4 24
$480.1M
$1.1B
Q3 24
$806.2M
$1.2B
Q2 24
$889.9M
$1.1B
Gross Margin
SHW
SHW
SLB
SLB
Q1 26
49.1%
Q4 25
48.5%
Q3 25
49.2%
Q2 25
49.4%
Q1 25
48.2%
Q4 24
48.6%
Q3 24
49.1%
Q2 24
48.8%
Operating Margin
SHW
SHW
SLB
SLB
Q1 26
Q4 25
11.4%
9.7%
Q3 25
16.7%
11.2%
Q2 25
15.6%
15.0%
Q1 25
12.3%
12.5%
Q4 24
11.6%
14.9%
Q3 24
21.4%
16.5%
Q2 24
22.5%
15.5%
Net Margin
SHW
SHW
SLB
SLB
Q1 26
9.4%
8.6%
Q4 25
8.5%
8.5%
Q3 25
13.1%
8.3%
Q2 25
12.0%
11.9%
Q1 25
9.5%
9.4%
Q4 24
9.1%
11.8%
Q3 24
13.1%
12.9%
Q2 24
14.2%
12.2%
EPS (diluted)
SHW
SHW
SLB
SLB
Q1 26
$2.15
$0.50
Q4 25
$1.91
$0.53
Q3 25
$3.35
$0.50
Q2 25
$3.00
$0.74
Q1 25
$2.00
$0.58
Q4 24
$1.90
$0.77
Q3 24
$3.18
$0.83
Q2 24
$3.50
$0.77

Balance Sheet & Financial Strength

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

Metric
SHW
SHW
SLB
SLB
Cash + ST InvestmentsLiquidity on hand
$216.9K
$3.4B
Total DebtLower is stronger
$11.7M
$9.7B
Stockholders' EquityBook value
$4.4M
$27.4B
Total Assets
$26.4M
$19.3B
Debt / EquityLower = less leverage
2.64×
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SHW
SHW
SLB
SLB
Q1 26
$216.9K
$3.4B
Q4 25
$207.2M
$1.2B
Q3 25
$241.5M
$571.0M
Q2 25
$269.8M
$511.0M
Q1 25
$199.8M
$961.0M
Q4 24
$210.4M
$1.1B
Q3 24
$238.2M
$1.4B
Q2 24
$200.0M
$1.1B
Total Debt
SHW
SHW
SLB
SLB
Q1 26
$11.7M
$9.7B
Q4 25
$9.7B
Q3 25
$9.7B
Q2 25
$9.0B
Q1 25
$9.0B
Q4 24
$9.2B
Q3 24
$9.2B
Q2 24
$9.0B
Stockholders' Equity
SHW
SHW
SLB
SLB
Q1 26
$4.4M
$27.4B
Q4 25
$4.6B
$26.1B
Q3 25
$4.4B
$25.6B
Q2 25
$4.4B
$20.3B
Q1 25
$4.1B
$19.5B
Q4 24
$4.1B
$21.1B
Q3 24
$4.2B
$21.5B
Q2 24
$3.8B
$21.1B
Total Assets
SHW
SHW
SLB
SLB
Q1 26
$26.4M
$19.3B
Q4 25
$25.9B
$54.9B
Q3 25
$26.2B
$55.1B
Q2 25
$25.4B
$48.8B
Q1 25
$24.6B
$49.0B
Q4 24
$23.6B
$48.9B
Q3 24
$24.0B
$49.8B
Q2 24
$23.7B
$49.4B
Debt / Equity
SHW
SHW
SLB
SLB
Q1 26
2.64×
0.35×
Q4 25
2.10×
Q3 25
2.18×
Q2 25
2.04×
Q1 25
2.17×
Q4 24
2.28×
Q3 24
2.22×
Q2 24
2.39×

Cash Flow & Capital Efficiency

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

Metric
SHW
SHW
SLB
SLB
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$103.0M
FCF MarginFCF / Revenue
1.2%
Capex IntensityCapex / Revenue
2.4%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.6B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SHW
SHW
SLB
SLB
Q1 26
Q4 25
$1.1B
$3.0B
Q3 25
$1.3B
$1.7B
Q2 25
$1.1B
$1.1B
Q1 25
$-61.1M
$660.0M
Q4 24
$934.5M
$2.4B
Q3 24
$1.1B
$2.4B
Q2 24
$1.2B
$1.4B
Free Cash Flow
SHW
SHW
SLB
SLB
Q1 26
$103.0M
Q4 25
$862.1M
$2.5B
Q3 25
$1.1B
$1.3B
Q2 25
$931.1M
$771.0M
Q1 25
$-250.4M
$262.0M
Q4 24
$634.5M
$1.8B
Q3 24
$839.4M
$2.0B
Q2 24
$952.0M
$973.0M
FCF Margin
SHW
SHW
SLB
SLB
Q1 26
1.2%
Q4 25
15.4%
25.5%
Q3 25
17.5%
14.3%
Q2 25
14.7%
9.0%
Q1 25
-4.7%
3.1%
Q4 24
12.0%
19.2%
Q3 24
13.6%
21.7%
Q2 24
15.2%
10.6%
Capex Intensity
SHW
SHW
SLB
SLB
Q1 26
2.4%
Q4 25
4.1%
5.3%
Q3 25
3.1%
4.6%
Q2 25
2.9%
4.3%
Q1 25
3.6%
4.7%
Q4 24
5.7%
6.6%
Q3 24
3.8%
5.0%
Q2 24
4.0%
5.1%
Cash Conversion
SHW
SHW
SLB
SLB
Q1 26
Q4 25
2.29×
3.65×
Q3 25
1.57×
2.28×
Q2 25
1.47×
1.13×
Q1 25
-0.12×
0.83×
Q4 24
1.95×
2.18×
Q3 24
1.33×
2.06×
Q2 24
1.35×
1.29×

Financial Flow Comparison

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

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