SLB vs. VALE
SLB (Schlumberger Limited) and VALE (Vale S.A.) are both stocks. SLB operates in Oil & Gas Equipment & Services (Energy), while VALE operates in Other Industrial Metals & Mining (Basic Materials). Over the past 10 years, SLB returned -0.41%/yr vs 20.98%/yr for VALE. At a 0.44 correlation, their price movements are largely independent.
Performance
SLB vs. VALE - Performance Comparison
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Returns By Period
In the year-to-date period, SLB achieves a 48.99% return, which is significantly higher than VALE's 15.04% return. Over the past 10 years, SLB has underperformed VALE with an annualized return of -0.41%, while VALE has yielded a comparatively higher 20.98% annualized return.
SLB
- 1D
- 3.06%
- 1M
- 6.71%
- YTD
- 48.99%
- 6M
- 49.53%
- 1Y
- 71.52%
- 3Y*
- 8.69%
- 5Y*
- 12.03%
- 10Y*
- -0.41%
VALE
- 1D
- -1.58%
- 1M
- -9.86%
- YTD
- 15.04%
- 6M
- 19.11%
- 1Y
- 66.24%
- 3Y*
- 10.73%
- 5Y*
- 1.65%
- 10Y*
- 20.98%
SLB vs. VALE - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
SLB Schlumberger Limited | 48.99% | 3.27% | -24.47% | -0.78% | 81.15% | 40.30% | -43.81% | 17.73% | -44.66% | -17.37% |
VALE Vale S.A. | 15.04% | 60.70% | -38.83% | 1.57% | 32.54% | -1.45% | 32.40% | 2.72% | 12.25% | 68.03% |
Correlation
The correlation between SLB and VALE 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 | 0.31 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.36 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.36 |
Correlation (All Time) Calculated using the full available price history since Mar 22, 2002 | 0.44 |
The correlation between SLB and VALE shifts across timeframes, from 0.31 (3 years) to 0.44 (all time), reflecting how their relationship changes across market environments.
Fundamentals
SLB:
$3.04
VALE:
$0.65
SLB:
18.57
VALE:
22.94
SLB:
1.71
VALE:
1.62
SLB:
$35.94B
VALE:
$39.53B
SLB:
$4.90B
VALE:
$13.65B
SLB:
$5.30B
VALE:
$14.33B
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Return for Risk
SLB vs. VALE — Risk / Return Rank
SLB
VALE
SLB vs. VALE - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Schlumberger Limited (SLB) and Vale S.A. (VALE). 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.
| SLB | VALE | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.03 | ||
| Sortino ratioReturn per unit of downside risk | +0.10 | ||
| Omega ratioGain probability vs. loss probability | 1.35 | 1.34 | 0.00 |
| Calmar ratioReturn relative to maximum drawdown | 5.03 | 3.35 | +1.67 |
| Martin ratioReturn relative to average drawdown | 12.70 | 11.56 | +1.14 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| SLB | VALE | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 2.12 | 2.09 | +0.03 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 0.32 | 0.05 | +0.27 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | -0.01 | 0.52 | -0.53 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.14 | 0.30 | -0.16 |
Drawdowns
SLB vs. VALE - Drawdown Comparison
The maximum SLB drawdown since its inception was -87.64%, smaller than the maximum VALE drawdown of -92.78%. Use the drawdown chart below to compare losses from any high point for SLB and VALE.
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Drawdown Indicators
| SLB | VALE | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -87.64% | -92.78% | +5.14% |
Max Drawdown (1Y)Largest decline over 1 year | -14.30% | -19.85% | +5.55% |
Max Drawdown (3Y)Largest decline over 3 years | -46.63% | -41.94% | -4.69% |
Max Drawdown (5Y)Largest decline over 5 years | -46.63% | -49.79% | +3.16% |
Max Drawdown (10Y)Largest decline over 10 years | -84.29% | -57.60% | -26.69% |
Current DrawdownCurrent decline from peak | -33.09% | -15.88% | -17.21% |
Average DrawdownAverage peak-to-trough decline | -31.18% | -36.72% | +5.54% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.65% | 5.75% | -0.10% |
Volatility
SLB vs. VALE - Volatility Comparison
Schlumberger Limited (SLB) has a higher volatility of 9.86% compared to Vale S.A. (VALE) at 9.08%. This indicates that SLB's price experiences larger fluctuations and is considered to be riskier than VALE based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| SLB | VALE | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 9.86% | 9.08% | +0.78% |
Volatility (6M)Calculated over the trailing 6-month period | 25.96% | 26.61% | -0.65% |
Volatility (1Y)Calculated over the trailing 1-year period | 33.98% | 31.92% | +2.06% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 37.66% | 35.45% | +2.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 40.43% | 40.87% | -0.44% |
Dividends
SLB vs. VALE - Dividend Comparison
SLB's dividend yield for the trailing twelve months is around 2.05%, less than VALE's 3.83% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
SLB Schlumberger Limited | 2.05% | 2.97% | 2.87% | 1.92% | 1.22% | 2.09% | 4.01% | 4.98% | 5.54% | 2.97% | 2.38% | 2.87% |
VALE Vale S.A. | 3.83% | 7.29% | 11.41% | 7.75% | 8.63% | 19.70% | 2.72% | 2.63% | 4.16% | 3.77% | 1.06% | 7.48% |
Financials
SLB vs. VALE - Financials Comparison
This section allows you to compare key financial metrics between Schlumberger Limited and Vale S.A.. 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. VALE - 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%.
VALE - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a gross profit of 3.06B and revenue of 9.26B. Therefore, the gross margin over that period was 33.0%.
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%.
VALE - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported an operating income of 2.67B and revenue of 9.26B, resulting in an operating margin of 28.8%.
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%.
VALE - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Vale S.A. reported a net income of 1.89B and revenue of 9.26B, resulting in a net margin of 20.5%.
Frequently Asked Questions
SLB and VALE 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.
SLB has higher volatility (9.86%) compared to VALE (9.08%). In terms of maximum drawdown, SLB dropped -87.64% vs VALE's -92.78%.
SLB currently has the higher Sharpe Ratio (2.12 vs 2.09), 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.
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