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Side-by-side financial comparison of Schlumberger (SLB) and Waste Management (WM). 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× Waste Management). Waste Management runs the higher net margin — 11.6% vs 8.6%, a 3.0% gap on every dollar of revenue. On growth, Waste Management posted the faster year-over-year revenue change (3.5% vs 2.7%). Waste Management produced more free cash flow last quarter ($981.0M vs $103.0M). Over the past eight quarters, Waste Management's revenue compounded faster (7.4% 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.

Waste management or waste disposal includes the processes and actions required to manage waste from its inception to its final disposal. This includes the collection, transport, treatment, and disposal of waste, together with monitoring and regulation of the waste management process and waste-related laws, technologies, and economic mechanisms.

SLB vs WM — Head-to-Head

Bigger by revenue
SLB
SLB
1.4× larger
SLB
$8.7B
$6.2B
WM
Growing faster (revenue YoY)
WM
WM
+0.8% gap
WM
3.5%
2.7%
SLB
Higher net margin
WM
WM
3.0% more per $
WM
11.6%
8.6%
SLB
More free cash flow
WM
WM
$878.0M more FCF
WM
$981.0M
$103.0M
SLB
Faster 2-yr revenue CAGR
WM
WM
Annualised
WM
7.4%
-2.3%
SLB

Income Statement — Q1 FY2026 vs Q1 FY2026

Metric
SLB
SLB
WM
WM
Revenue
$8.7B
$6.2B
Net Profit
$752.0M
$723.0M
Gross Margin
Operating Margin
17.9%
Net Margin
8.6%
11.6%
Revenue YoY
2.7%
3.5%
Net Profit YoY
-5.6%
13.5%
EPS (diluted)
$0.50
$1.79

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
WM
WM
Q1 26
$8.7B
$6.2B
Q4 25
$9.7B
$6.3B
Q3 25
$8.9B
$6.4B
Q2 25
$8.5B
$6.4B
Q1 25
$8.5B
$6.0B
Q4 24
$9.3B
$5.9B
Q3 24
$9.2B
$5.6B
Q2 24
$9.1B
$5.4B
Net Profit
SLB
SLB
WM
WM
Q1 26
$752.0M
$723.0M
Q4 25
$824.0M
$742.0M
Q3 25
$739.0M
$603.0M
Q2 25
$1.0B
$726.0M
Q1 25
$797.0M
$637.0M
Q4 24
$1.1B
$598.0M
Q3 24
$1.2B
$760.0M
Q2 24
$1.1B
$680.0M
Gross Margin
SLB
SLB
WM
WM
Q1 26
Q4 25
41.5%
Q3 25
40.5%
Q2 25
40.3%
Q1 25
39.4%
Q4 24
39.7%
Q3 24
39.4%
Q2 24
39.1%
Operating Margin
SLB
SLB
WM
WM
Q1 26
17.9%
Q4 25
9.7%
18.3%
Q3 25
11.2%
15.3%
Q2 25
15.0%
17.9%
Q1 25
12.5%
16.8%
Q4 24
14.9%
15.6%
Q3 24
16.5%
20.0%
Q2 24
15.5%
18.7%
Net Margin
SLB
SLB
WM
WM
Q1 26
8.6%
11.6%
Q4 25
8.5%
11.8%
Q3 25
8.3%
9.4%
Q2 25
11.9%
11.3%
Q1 25
9.4%
10.6%
Q4 24
11.8%
10.1%
Q3 24
12.9%
13.5%
Q2 24
12.2%
12.6%
EPS (diluted)
SLB
SLB
WM
WM
Q1 26
$0.50
$1.79
Q4 25
$0.53
$1.83
Q3 25
$0.50
$1.49
Q2 25
$0.74
$1.80
Q1 25
$0.58
$1.58
Q4 24
$0.77
$1.49
Q3 24
$0.83
$1.88
Q2 24
$0.77
$1.69

Balance Sheet & Financial Strength

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

Metric
SLB
SLB
WM
WM
Cash + ST InvestmentsLiquidity on hand
$3.4B
$158.0M
Total DebtLower is stronger
$9.7B
$22.9B
Stockholders' EquityBook value
$27.4B
$10.0B
Total Assets
$19.3B
$45.7B
Debt / EquityLower = less leverage
0.35×
2.28×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SLB
SLB
WM
WM
Q1 26
$3.4B
$158.0M
Q4 25
$1.2B
$201.0M
Q3 25
$571.0M
$175.0M
Q2 25
$511.0M
$440.0M
Q1 25
$961.0M
$216.0M
Q4 24
$1.1B
$414.0M
Q3 24
$1.4B
$614.0M
Q2 24
$1.1B
$172.0M
Total Debt
SLB
SLB
WM
WM
Q1 26
$9.7B
$22.9B
Q4 25
$22.2B
Q3 25
$22.5B
Q2 25
$23.1B
Q1 25
$22.9B
Q4 24
$22.5B
Q3 24
$16.0B
Q2 24
$16.5B
Stockholders' Equity
SLB
SLB
WM
WM
Q1 26
$27.4B
$10.0B
Q4 25
$26.1B
$10.0B
Q3 25
$25.6B
$9.5B
Q2 25
$20.3B
$9.2B
Q1 25
$19.5B
$8.7B
Q4 24
$21.1B
$8.3B
Q3 24
$21.5B
$8.0B
Q2 24
$21.1B
$7.5B
Total Assets
SLB
SLB
WM
WM
Q1 26
$19.3B
$45.7B
Q4 25
$54.9B
$45.8B
Q3 25
$55.1B
$45.6B
Q2 25
$48.8B
$45.7B
Q1 25
$49.0B
$44.5B
Q4 24
$48.9B
$44.6B
Q3 24
$49.8B
$34.7B
Q2 24
$49.4B
$34.0B
Debt / Equity
SLB
SLB
WM
WM
Q1 26
0.35×
2.28×
Q4 25
2.22×
Q3 25
2.36×
Q2 25
2.51×
Q1 25
2.65×
Q4 24
2.73×
Q3 24
2.00×
Q2 24
2.21×

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
WM
WM
Operating Cash FlowLast quarter
$1.5B
Free Cash FlowOCF − Capex
$103.0M
$981.0M
FCF MarginFCF / Revenue
1.2%
15.8%
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
2.08×
TTM Free Cash FlowTrailing 4 quarters
$4.6B
$3.4B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SLB
SLB
WM
WM
Q1 26
$1.5B
Q4 25
$3.0B
$1.7B
Q3 25
$1.7B
$1.6B
Q2 25
$1.1B
$1.5B
Q1 25
$660.0M
$1.2B
Q4 24
$2.4B
$1.5B
Q3 24
$2.4B
$1.4B
Q2 24
$1.4B
$1.2B
Free Cash Flow
SLB
SLB
WM
WM
Q1 26
$103.0M
$981.0M
Q4 25
$2.5B
$810.0M
Q3 25
$1.3B
$816.0M
Q2 25
$771.0M
$813.0M
Q1 25
$262.0M
$377.0M
Q4 24
$1.8B
$396.0M
Q3 24
$2.0B
$577.0M
Q2 24
$973.0M
$487.0M
FCF Margin
SLB
SLB
WM
WM
Q1 26
1.2%
15.8%
Q4 25
25.5%
12.8%
Q3 25
14.3%
12.7%
Q2 25
9.0%
12.6%
Q1 25
3.1%
6.3%
Q4 24
19.2%
6.7%
Q3 24
21.7%
10.3%
Q2 24
10.6%
9.0%
Capex Intensity
SLB
SLB
WM
WM
Q1 26
Q4 25
5.3%
14.1%
Q3 25
4.6%
12.0%
Q2 25
4.3%
11.4%
Q1 25
4.7%
13.8%
Q4 24
6.6%
18.9%
Q3 24
5.0%
13.9%
Q2 24
5.1%
12.3%
Cash Conversion
SLB
SLB
WM
WM
Q1 26
2.08×
Q4 25
3.65×
2.29×
Q3 25
2.28×
2.64×
Q2 25
1.13×
2.13×
Q1 25
0.83×
1.90×
Q4 24
2.18×
2.53×
Q3 24
2.06×
1.79×
Q2 24
1.29×
1.70×

Financial Flow Comparison

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

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