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Side-by-side financial comparison of Schlumberger (SLB) and Union Pacific Corporation (UNP). Click either name above to swap in a different company.

Schlumberger is the larger business by last-quarter revenue ($8.7B vs $6.2B, roughly 1.4× Union Pacific Corporation). Union Pacific Corporation runs the higher net margin — 27.4% vs 8.6%, a 18.7% gap on every dollar of revenue. On growth, Union Pacific Corporation posted the faster year-over-year revenue change (3.2% vs 2.7%). Union Pacific Corporation produced more free cash flow last quarter ($631.0M vs $103.0M). Over the past eight quarters, Union Pacific Corporation's revenue compounded faster (1.7% CAGR vs -2.3%).

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.

The Union Pacific Railroad Company is a Class I freight-hauling railroad that operates 8,300 locomotives over 32,200 miles (51,800 km) routes in 23 U.S. states west of Chicago and New Orleans. Union Pacific is the second-largest railroad in the United States after BNSF.

SLB vs UNP — Head-to-Head

Bigger by revenue
SLB
SLB
1.4× larger
SLB
$8.7B
$6.2B
UNP
Growing faster (revenue YoY)
UNP
UNP
+0.4% gap
UNP
3.2%
2.7%
SLB
Higher net margin
UNP
UNP
18.7% more per $
UNP
27.4%
8.6%
SLB
More free cash flow
UNP
UNP
$528.0M more FCF
UNP
$631.0M
$103.0M
SLB
Faster 2-yr revenue CAGR
UNP
UNP
Annualised
UNP
1.7%
-2.3%
SLB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SLB
SLB
UNP
UNP
Revenue
$8.7B
$6.2B
Net Profit
$752.0M
$1.7B
Gross Margin
Operating Margin
39.5%
Net Margin
8.6%
27.4%
Revenue YoY
2.7%
3.2%
Net Profit YoY
-5.6%
4.6%
EPS (diluted)
$0.50
$2.87

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
SLB
SLB
UNP
UNP
Q1 26
$8.7B
$6.2B
Q4 25
$9.7B
$6.1B
Q3 25
$8.9B
$6.2B
Q2 25
$8.5B
$6.2B
Q1 25
$8.5B
$6.0B
Q4 24
$9.3B
$6.1B
Q3 24
$9.2B
$6.1B
Q2 24
$9.1B
$6.0B
Net Profit
SLB
SLB
UNP
UNP
Q1 26
$752.0M
$1.7B
Q4 25
$824.0M
$1.8B
Q3 25
$739.0M
$1.8B
Q2 25
$1.0B
$1.9B
Q1 25
$797.0M
$1.6B
Q4 24
$1.1B
$1.8B
Q3 24
$1.2B
$1.7B
Q2 24
$1.1B
$1.7B
Operating Margin
SLB
SLB
UNP
UNP
Q1 26
39.5%
Q4 25
9.7%
39.5%
Q3 25
11.2%
40.8%
Q2 25
15.0%
41.0%
Q1 25
12.5%
39.3%
Q4 24
14.9%
41.3%
Q3 24
16.5%
39.7%
Q2 24
15.5%
40.0%
Net Margin
SLB
SLB
UNP
UNP
Q1 26
8.6%
27.4%
Q4 25
8.5%
30.4%
Q3 25
8.3%
28.6%
Q2 25
11.9%
30.5%
Q1 25
9.4%
27.0%
Q4 24
11.8%
28.8%
Q3 24
12.9%
27.4%
Q2 24
12.2%
27.9%
EPS (diluted)
SLB
SLB
UNP
UNP
Q1 26
$0.50
$2.87
Q4 25
$0.53
$3.12
Q3 25
$0.50
$3.01
Q2 25
$0.74
$3.15
Q1 25
$0.58
$2.70
Q4 24
$0.77
$2.91
Q3 24
$0.83
$2.75
Q2 24
$0.77
$2.74

Balance Sheet & Financial Strength

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

Metric
SLB
SLB
UNP
UNP
Cash + ST InvestmentsLiquidity on hand
$3.4B
$735.0M
Total DebtLower is stronger
$9.7B
Stockholders' EquityBook value
$27.4B
Total Assets
$19.3B
$69.6B
Debt / EquityLower = less leverage
0.35×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLB
SLB
UNP
UNP
Q1 26
$3.4B
$735.0M
Q4 25
$1.2B
$1.3B
Q3 25
$571.0M
$808.0M
Q2 25
$511.0M
$1.1B
Q1 25
$961.0M
$1.4B
Q4 24
$1.1B
$1.0B
Q3 24
$1.4B
$947.0M
Q2 24
$1.1B
$1.1B
Total Debt
SLB
SLB
UNP
UNP
Q1 26
$9.7B
Q4 25
$30.3B
Q3 25
$30.3B
Q2 25
$30.3B
Q1 25
$30.6B
Q4 24
$29.8B
Q3 24
$29.8B
Q2 24
$31.2B
Stockholders' Equity
SLB
SLB
UNP
UNP
Q1 26
$27.4B
Q4 25
$26.1B
$18.5B
Q3 25
$25.6B
$17.3B
Q2 25
$20.3B
$16.3B
Q1 25
$19.5B
$16.0B
Q4 24
$21.1B
$16.9B
Q3 24
$21.5B
$16.6B
Q2 24
$21.1B
$16.5B
Total Assets
SLB
SLB
UNP
UNP
Q1 26
$19.3B
$69.6B
Q4 25
$54.9B
$69.7B
Q3 25
$55.1B
$68.6B
Q2 25
$48.8B
$68.6B
Q1 25
$49.0B
$68.5B
Q4 24
$48.9B
$67.7B
Q3 24
$49.8B
$67.6B
Q2 24
$49.4B
$67.8B
Debt / Equity
SLB
SLB
UNP
UNP
Q1 26
0.35×
Q4 25
1.64×
Q3 25
1.75×
Q2 25
1.86×
Q1 25
1.91×
Q4 24
1.76×
Q3 24
1.79×
Q2 24
1.89×

Cash Flow & Capital Efficiency

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

Metric
SLB
SLB
UNP
UNP
Operating Cash FlowLast quarter
Free Cash FlowOCF − Capex
$103.0M
$631.0M
FCF MarginFCF / Revenue
1.2%
10.1%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$4.6B
$4.8B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLB
SLB
UNP
UNP
Q1 26
Q4 25
$3.0B
$2.2B
Q3 25
$1.7B
$2.5B
Q2 25
$1.1B
$2.3B
Q1 25
$660.0M
$2.2B
Q4 24
$2.4B
$2.7B
Q3 24
$2.4B
$2.7B
Q2 24
$1.4B
$1.9B
Free Cash Flow
SLB
SLB
UNP
UNP
Q1 26
$103.0M
$631.0M
Q4 25
$2.5B
$1.2B
Q3 25
$1.3B
$1.6B
Q2 25
$771.0M
$1.4B
Q1 25
$262.0M
$1.3B
Q4 24
$1.8B
$1.7B
Q3 24
$2.0B
$1.8B
Q2 24
$973.0M
$1.0B
FCF Margin
SLB
SLB
UNP
UNP
Q1 26
1.2%
10.1%
Q4 25
25.5%
20.1%
Q3 25
14.3%
25.2%
Q2 25
9.0%
22.7%
Q1 25
3.1%
21.6%
Q4 24
19.2%
28.4%
Q3 24
21.7%
29.9%
Q2 24
10.6%
16.8%
Capex Intensity
SLB
SLB
UNP
UNP
Q1 26
Q4 25
5.3%
16.4%
Q3 25
4.6%
15.2%
Q2 25
4.3%
15.2%
Q1 25
4.7%
15.0%
Q4 24
6.6%
15.1%
Q3 24
5.0%
13.6%
Q2 24
5.1%
15.0%
Cash Conversion
SLB
SLB
UNP
UNP
Q1 26
Q4 25
3.65×
1.20×
Q3 25
2.28×
1.41×
Q2 25
1.13×
1.24×
Q1 25
0.83×
1.36×
Q4 24
2.18×
1.51×
Q3 24
2.06×
1.59×
Q2 24
1.29×
1.14×

Financial Flow Comparison

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

Revenue Breakdown by Segment

SLB
SLB

Segment breakdown not available.

UNP
UNP

Freight revenues$5.9B95%
Other revenues$324.0M5%

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