SLB vs. CAT
SLB (Schlumberger Limited) and CAT (Caterpillar Inc.) are both stocks. SLB operates in Oil & Gas Equipment & Services (Energy), while CAT operates in Farm & Heavy Construction Machinery (Industrials). Over the past 10 years, SLB returned -0.34%/yr vs 31.33%/yr for CAT. At a 0.37 correlation, their price movements are largely independent.
Performance
SLB vs. CAT - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, SLB achieves a 48.01% return, which is significantly lower than CAT's 59.62% return. Over the past 10 years, SLB has underperformed CAT with an annualized return of -0.34%, while CAT has yielded a comparatively higher 31.33% annualized return.
SLB
- 1D
- 0.32%
- 1M
- 1.98%
- YTD
- 48.01%
- 6M
- 44.00%
- 1Y
- 58.99%
- 3Y*
- 8.12%
- 5Y*
- 12.44%
- 10Y*
- -0.34%
CAT
- 1D
- 1.44%
- 1M
- 2.51%
- YTD
- 59.62%
- 6M
- 52.94%
- 1Y
- 157.79%
- 3Y*
- 57.16%
- 5Y*
- 35.17%
- 10Y*
- 31.33%
SLB vs. CAT - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLB Schlumberger Limited | 48.01% | 3.27% | -24.47% | -0.78% | 81.15% | 40.30% | -43.81% | 17.73% | -44.66% | -17.37% |
CAT Caterpillar Inc. | 59.62% | 60.30% | 24.66% | 25.95% | 18.60% | 15.95% | 26.97% | 19.51% | -17.56% | 75.03% |
Correlation
The correlation between SLB and CAT is 0.33, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.33 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.46 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.53 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.53 |
Correlation (All Time) Calculated using the full available price history since Dec 31, 1981 | 0.37 |
The correlation between SLB and CAT shifts across timeframes, from 0.33 (1 year) to 0.53 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
SLB:
$3.04
CAT:
$20.07
SLB:
18.45
CAT:
45.37
SLB:
0.87
CAT:
3.00
SLB:
1.70
CAT:
6.04
SLB:
$35.94B
CAT:
$70.76B
SLB:
$4.90B
CAT:
$23.01B
SLB:
$5.30B
CAT:
$15.31B
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
SLB vs. CAT — Risk / Return Rank
SLB
CAT
SLB vs. CAT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schlumberger Limited (SLB) and Caterpillar Inc. (CAT). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| SLB | CAT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.59 | ||
| Sortino ratioReturn per unit of downside risk | -2.55 | ||
| Omega ratioGain probability vs. loss probability | 1.31 | 1.65 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | 4.36 | 11.24 | -6.88 |
| Martin ratioReturn relative to average drawdown | 10.97 | 36.80 | -25.83 |
Loading charts...
Drawdowns
SLB vs. CAT - Drawdown Comparison
The maximum SLB drawdown since its inception was -87.64%, which is greater than CAT's maximum drawdown of -73.43%. Use the drawdown chart below to compare losses from any high point for SLB and CAT.
Loading charts...
Drawdown Indicators
| SLB | CAT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.64% | -73.43% | -14.21% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -13.88% | -0.42% |
Max Drawdown (3Y)Largest decline over 3 years | -46.63% | -34.05% | -12.58% |
Max Drawdown (5Y)Largest decline over 5 years | -46.63% | -34.05% | -12.58% |
Max Drawdown (10Y)Largest decline over 10 years | -84.29% | -43.36% | -40.93% |
Current DrawdownCurrent decline from peak | -33.53% | -3.18% | -30.35% |
Average DrawdownAverage peak-to-trough decline | -31.18% | -19.73% | -11.45% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.67% | 4.23% | +1.44% |
Volatility
SLB vs. CAT - Volatility Comparison
The current volatility for Schlumberger Limited (SLB) is 9.50%, while Caterpillar Inc. (CAT) has a volatility of 13.16%. This indicates that SLB experiences smaller price fluctuations and is considered to be less risky than CAT based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| SLB | CAT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.50% | 13.16% | -3.66% |
Volatility (6M)Calculated over the trailing 6-month period | 25.72% | 28.37% | -2.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.73% | 35.19% | -1.46% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.63% | 30.79% | +6.84% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.41% | 30.98% | +9.43% |
Dividends
SLB vs. CAT - Dividend Comparison
SLB's dividend yield for the trailing twelve months is around 2.06%, more than CAT's 0.66% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
CAT Caterpillar Inc. | 0.66% | 1.02% | 1.49% | 1.69% | 1.93% | 2.07% | 2.26% | 2.56% | 2.58% | 1.97% | 3.32% | 4.33% |
SLB Schlumberger Limited | 2.06% | 2.97% | 2.87% | 1.92% | 1.22% | 2.09% | 4.01% | 4.98% | 5.54% | 2.97% | 2.38% | 2.87% |
Financials
SLB vs. CAT - Financials Comparison
This section allows you to compare key financial metrics between Schlumberger Limited and Caterpillar Inc.. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
SLB vs. CAT - Profitability Comparison
SLB - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Schlumberger Limited reported a gross profit of 0.00 and revenue of 8.72B. Therefore, the gross margin over that period was 0.0%.
CAT - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a gross profit of 6.11B and revenue of 17.42B. Therefore, the gross margin over that period was 35.1%.
SLB - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Schlumberger Limited reported an operating income of 0.00 and revenue of 8.72B, resulting in an operating margin of 0.0%.
CAT - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported an operating income of 3.09B and revenue of 17.42B, resulting in an operating margin of 17.7%.
SLB - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Schlumberger Limited reported a net income of 752.00M and revenue of 8.72B, resulting in a net margin of 8.6%.
CAT - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Caterpillar Inc. reported a net income of 2.55B and revenue of 17.42B, resulting in a net margin of 14.6%.
Frequently Asked Questions
SLB and CAT have a correlation of 0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
CAT has higher volatility (13.16%) compared to SLB (9.50%). In terms of maximum drawdown, SLB dropped -87.64% vs CAT's -73.43%.
CAT currently has the higher Sharpe Ratio (4.43 vs 1.85), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
Find the right allocation for SLB and CAT
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer