COST vs SLB: Which Is the Better Buy?
Side-by-side comparison of Costco Wholesale Corporation and SLB N.V. — fair value, conviction, valuation metrics, and QuantHub research signals.
Updated 2026-04-25.
Costco Wholesale Corporation · Consumer Defensive
$999.89
-20.7% upside to fair value
Grade D
High Quality
VS
SLB N.V. · Energy
$56.15
+45.0% upside to fair value
Grade B
QuantHub Verdict
SLB has more upside to fair value
(+45.0%).
SLB trades at a lower forward P/E
(24.3x).
These are model outputs — not personalized investment advice.
See all research →
Valuation & Fundamentals
| Metric |
COST |
SLB |
| Current Price |
$999.89 |
$56.15 |
| Fair Value Estimate |
$793.02 |
$81.42 |
| Upside to Fair Value |
-20.7%
|
+45.0%
|
| Market Cap |
$443.6B |
$84.3B |
| Forward P/E |
51.9x
|
24.3x
|
| EV / EBITDA |
30.9x
|
17.5x
|
| Price / Sales |
1.6x
|
2.4x
|
| Price / FCF |
48.8x
|
17.6x
|
| Revenue Growth YoY |
+9.2%
|
+2.7%
|
| Gross Margin |
12.9%
|
13.6%
|
| Operating Margin |
3.8%
|
11.5%
|
| Return on Equity |
28.8%
|
12.2%
|
| Dividend Yield |
0% |
0% |
| FCF Yield |
2.05%
|
5.69%
|
| Analyst Consensus |
Buy
|
Strong Buy
|
Investment Thesis
Costco Wholesale Corporation operates a global membership-based warehouse club model that leverages scale, low costs, and superior employee retention to deliver consistent revenue and earnings growth. The company reported $269.9 billion in net sales for fiscal 2025 with an 8% year-over-year increase, driven by strong segments in Foods and Sundries and membership fees exceeding $5.65 billion in th…
SLB N.V. is the world's largest oilfield services company operating primarily in the energy sector with a focus on oil and gas equipment and services. The company benefits from a diversified revenue base across well construction, production systems, reservoir characterization, and digital integration, with fiscal year 2024 revenues totaling over $37 billion. Despite modest revenue growth of 2.7% …
Accumulation Zones
| Metric |
COST |
SLB |
| Zone Low |
$594.76 |
$61.06 |
| Zone High |
$674.07 |
$69.21 |
| In Buy Zone? |
No
|
Yes
|