SLB (MEX:SLBN) Total Operating Expense: MXN19,053 Mil (TTM As of Mar. 2026)


MEX:SLBN SLB Ltd MEX:SLBN
71 GF Score
Price MXN790.00
GF Value MXN800.50
Valuation Fairly Valued
! 2 Warning Signs
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What is SLB Total Operating Expense?

SLB MEX:SLBN -0.64% 71 Total Operating Expense is MXN19,053 Mil as of Mar. 2026. GuruFocus rates MEX:SLBN with a GF Score™ of 71/100 and a GF Value™ of MXN800.50 (Fairly Valued). The stock has 2 warning signs investors should review.

SLB's Total Operating Expense for the three months ended in Mar. 2026 was MXN4,707 Mil. SLB's Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 was MXN19,053 Mil.

SLB Total Operating Expense Related Terms

SLB Total Operating Expense Historical Data

* Premium members only.

The historical data trend for SLB's Total Operating Expense 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 Total Operating Expense Chart

SLB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Operating Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18,319.00 19,690.96 18,247.32 23,650.36 18,887.98

SLB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Operating Expense 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 5,482.80 5,027.40 4,439.30 4,879.54 4,706.54
MEX:SLBN
71GF Score
SLB Ltd MEX:SLBN
Total Operating Expense is just one metric. See GF Score™, valuation, warning signs, and more.
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SLB Total Operating Expense Calculation

Total Operating Expense is the primary recurring expense associated with central operations that are incurred in order to generate sales.


Total Operating Expense for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN19,053 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.

What does a Total Operating Expense of MXN19,053 Mil mean?
SLB (MEX:SLBN) has a Total Operating Expense of MXN19,053 Mil as of Mar. 2026. Total operating expense is the primary recurring expense associated with central operations. View historical data on SLB and its competitors.
Is SLB's Total Operating Expense too high?
SLB's current Total Operating Expense is MXN19,053 Mil. Overall, SLB has a GF Score™ of 71/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does SLB's Total Operating Expense compare to BKR and HAL?
SLB's Total Operating Expense of MXN19,053 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 Total Operating Expense for an Oil & Gas company?
A good Total Operating Expense depends on the Oil & Gas industry context. However, Total Operating Expense 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 Total Operating Expense mean?
A high Total Operating Expense can signal that a stock is expensive relative to its fundamentals. Total operating expense is the primary recurring expense associated with central operations. View historical data on SLB and its competitors. SLB's current Total Operating Expense is MXN19,053 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 (MEX:SLBN) is currently considered Fairly Valued. The stock's GF Value™ is MXN800.50, compared to a current price of MXN790.00 — trading 1.3% below its estimated fair value. The current Total Operating Expense is MXN19,053 Mil. SLB's overall GF Score™ is 71/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Operating Expense calculated?
Total Operating Expense is calculated from a company's financial statements. For SLB (MEX:SLBN), the current Total Operating Expense is MXN19,053 Mil as of Mar. 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 (MEX:SLBN) Overvalued in 2026?

Based on GuruFocus' analysis, SLB stock appears to be undervalued. The current stock price of MXN790.00 is trading 1.3% below its estimated GF Value™ of MXN800.50. GuruFocus considers SLB to be Fairly Valued.

Key valuation signals for MEX:SLBN:

  • Total Operating Expense: MXN19,053 Mil
  • GF Value™: MXN800.50 vs. price of MXN790.00 (1.3% below fair value)
  • GF Score™: 71/100 with 2 warning signs

No single metric tells the full story. See the MEX:SLBN 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.
71GF Score

Get the complete analysis for MEX:SLBN

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

MXN790.00
Price
MXN800.50
GF Value