SLB (SLB) Deferred Tax: $-224 Mil (TTM As of Jun. 2026)

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SLB SLB Ltd SLB
78 GF Score
Price $56.06
GF Value $45.65
Valuation Modestly Overvalued
! 7 Warning Signs
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What is SLB Deferred Tax?

SLB SLB +0.09% 78 Deferred Tax is $-224 Mil as of Jun. 2026. GuruFocus rates SLB with a GF Score™ of 78/100 and a GF Value™ of $45.65 (Modestly Overvalued). The stock has 7 warning signs investors should review.

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

SLB's change in deferred tax for the three months ended in Jun. 2026 was $-58 Mil. Its change in deferred tax for the trailing twelve months (TTM) ended in Jun. 2026 was $-224 Mil.

SLB Deferred Tax Historical Data

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The historical data trend for SLB's Deferred Tax can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SLB Deferred Tax Chart

SLB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Deferred Tax
Get a 7-Day Free Trial Premium Member Only Premium Member Only -31.00 -39.00 28.00 -41.00 -279.00

SLB Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Deferred Tax Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.00 -29.00 -190.00 53.00 -58.00
SLB
78GF Score
SLB Ltd SLB
Deferred Tax is just one metric. See GF Score™, valuation, warning signs, and more.
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SLB Deferred Tax Calculation

Change In Deferred Tax represents future tax liability or asset, resulting from temporary differences between book (accounting) value of assets and liabilities, and their tax value. This arises due to differences between financial accounting for shareholders and tax accounting.

Deferred Tax for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-224 Mil.


* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Deferred Tax →
What does a Deferred Tax of $-224 Mil mean?
SLB (SLB) has a Deferred Tax of $-224 Mil as of Jun. 2026. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for SLB.
Is SLB's Deferred Tax too high?
SLB's current Deferred Tax is $-224 Mil. Overall, SLB has a GF Score™ of 78/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SLB's Deferred Tax compare to BKR and HAL?
SLB's Deferred Tax of $-224 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Deferred Tax for an Oil & Gas company?
A good Deferred Tax depends on the Oil & Gas industry context. However, Deferred Tax should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Deferred Tax mean?
A high Deferred Tax can signal that a stock is expensive relative to its fundamentals. Change in Defered Tax is amount of deferred tax assets or liabilities due to temporary differences in financial and tax accounting. View historical data for SLB. SLB's current Deferred Tax is $-224 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SLB stock overvalued right now?
Based on GuruFocus' analysis, SLB (SLB) is currently considered Modestly Overvalued. The stock's GF Value™ is $45.65, compared to a current price of $56.06 — trading 22.8% above its estimated fair value. The current Deferred Tax is $-224 Mil. SLB's overall GF Score™ is 78/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Deferred Tax calculated?
Deferred Tax is calculated from a company's financial statements. For SLB (SLB), the current Deferred Tax is $-224 Mil as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is SLB (SLB) Overvalued in 2026?

Based on GuruFocus' analysis, SLB stock appears to be overvalued. The current stock price of $56.06 is trading 22.8% above its estimated GF Value™ of $45.65. GuruFocus considers SLB to be Modestly Overvalued.

Key valuation signals for SLB:

  • Deferred Tax: $-224 Mil
  • GF Value™: $45.65 vs. price of $56.06 (22.8% above fair value)
  • GF Score™: 78/100 with 7 warning signs

No single metric tells the full story. See the SLB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

SLB Business Description

Industry EnergyOil & Gas
Address 5599 San Felipe, 17th Floor, Houston, TX, USA, 77056
SLB is the world's premier oilfield-services company as measured by market share. While the industry is largely fragmented, SLB holds the first or second competitive position in many of the differentiated oligopolies in which it operates. Also known as Schlumberger, the company was founded in 1926 by Conrad and Marcel Schlumberger. Today, it's most known as a global industry leader in innovation, while it focuses its strategy on its three growth engines: core, digital, and new energy businesses. Over three-fourths of its revenue base is tied to international markets, while the company boasts nearly $3 billion in digital-related revenue.
78GF Score

Get the complete analysis for SLB

Deferred Tax is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$56.06
Price
$45.65
GF Value