AROC vs SLB vs TRGP Stock Comparison

Archrock, Slb and Targa Resources Prices as of Oct 26, 2026 Peers: Industry group
AROC Archrock, Inc.
$29.98 -1.5% 1M +17.8% 1Y
Market cap
$5.54B
P/E
16.9x
Revenue (TTM)
$1.50B
Div. yield
0.03%
Oil and Gas Pipelines Energy
6 wins
SLB Slb Limited/Nv
$53.10 +3.0% 1M +48.2% 1Y
Market cap
$80.60B
P/E
26.0x
Revenue (TTM)
$36.37B
Div. yield
–
Oilfield Services Energy
2 wins
TRGP Targa Resources Corp.
$304.61 +9.6% 1M +98.1% 1Y
Market cap
$64.85B
P/E
28.6x
Revenue (TTM)
$16.74B
Div. yield
–
Oil and Gas Pipelines Energy
3 wins

Head to Head

11 decided of 12

Archrock leads on 6 of the 12 questions below (Archrock 6, Targa Resources 3, Slb 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAROCSLBTRGPLeader
Larger companyMarket capitalisation $5.54B $80.60B $64.85B SLB
Cheaper on earningsLower P/E, profitable companies only 16.9x 26.0x 28.6x AROC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 17.8x 21.1x 28.7x AROC
Faster revenue growthRevenue growth, trailing twelve months +11.5% +2.5% -2.0% AROC
More profitableNet margin, trailing twelve months 21.8% 8.5% 13.5% AROC
Better return on capitalReturn on invested capital 16.5% 9.5% 13.2% AROC
Less leveragedLower net debt / EBITDA 2.0x 1.2x 3.5x SLB
Higher dividend yieldTrailing dividend yield 0.03% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +17.8% +48.2% +98.1% TRGP
Better 5-year returnAnnualised price return, 5 years +29.3%/yr +10.3%/yr +40.9%/yr TRGP
Less volatileAnnualised volatility, 1 year 32.3% 36.7% 28.5% TRGP
Higher overall scoreMean of the five percentile scores vs peers 83/100 57/100 41/100 AROC

Percentile Scorecard

AROCSLBTRGP

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAROCSLBTRGP
Valuation 88 #5 of 35 26 #35 of 47 15 #30 of 35
Growth 94 #3 of 34 44 #25 of 44 79 #8 of 34
Profitability 88 #5 of 34 80 #9 of 41 70 #11 of 34
Financial Health 71 #11 of 35 56 #21 of 46 27 #26 of 35
Shareholder Returns 73 #9 of 31 77 #8 of 32 17 #26 of 31
Overall 83 57 41
  • AROC ranked among 35 companies in Oil and Gas Midstream
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • TRGP ranked among 35 companies in Oil and Gas Midstream

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAROCSLBTRGPSPY
1 month -1.5%+3.0%+9.6% -0.8%
3 months -16.0%+3.0%+13.8% +3.5%
6 months -19.8%-3.9%+26.2% +7.0%
Year to date +15.2%+38.4%+65.1% +12.2%
1 year +17.8%+48.2%+98.1% +13.0%
3 years +139.6%-4.9%+261.0% +86.3%
3 years, per year +33.8%-1.7%+53.4% +23.1%
5 years +261.2%+63.2%+455.7% +68.6%
5 years, per year +29.3%+10.3%+40.9% +11.0%
10 years +151.9%-33.6%+551.4% +258.0%
10 years, per year +9.7%-4.0%+20.6% +13.6%

Risk

MeasureAROCSLBTRGPSPY
Volatility, 1Y 32.3%36.7%28.5% 12.7%
Downside volatility, 1Y 34.6%33.4%26.3% 12.7%
Beta vs S&P 500, 1Y 0.510.73-0.34 1.00
Return / volatility, 1Y 0.551.313.44 1.02
Max drawdown, 5Y -38.8%-48.9%-32.6% -25.4%
From 52-week high -28.5%-11.7%0.0% -1.8%
52-week high $41.95$60.12$304.61 $779.14
52-week low $23.04$35.19$151.38 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAROCSLBTRGP
P/E now vs peer median 15.9xmedian 21.0x 25.5xmedian 25.5x 28.8xmedian 21.0x
P/S now vs peer median 3.5xmedian 2.7x 2.2xmedian 1.2x 3.9xmedian 2.7x
EV/EBITDA now vs peer median 6.6xmedian 11.0x 11.8xmedian 8.6x 15.4xmedian 11.0x
P/FCF now vs peer median 18.0xmedian 16.6x 16.4xmedian 14.7x 88.2xmedian 16.6x
P/B now vs peer median 3.4xmedian 2.6x 2.9xmedian 1.6x 17.2xmedian 2.6x
PEG now vs peer median 0.25median 1.92 -2.84median 0.41 0.70median 1.92

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAROCSLBTRGP
Revenue $1.50B $36.37B $16.74B
Gross profit $1.01B $6.01B $7.23B
Operating income $850.31M $4.68B $3.84B
Net income $328.53M $3.15B $2.30B
Free cash flow $291.33M $4.81B $740.90M
R&D – $692.00M –
EPS (diluted) $1.88 $2.06 $10.54
Cash & equivalents $2.00M $2.74B $132.30M
Total debt $9.70B $12.80B $19.58B
Shares (diluted) 174.74M 1.51B 215.20M
Enterprise value $5.53B $76.53B $64.33B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAROCSLBTRGP
P/E 15.9x 25.5x 28.8x
P/FCF 18.0x 16.4x 88.2x
P/Operating cash flow 7.2x 12.1x 15.2x
P/S 3.5x 2.2x 3.9x
P/B 3.4x 2.9x 17.2x
P/Tangible book 3.7x 3.5x 38.6x
EV/EBITDA 6.6x 11.8x 15.4x
EV/EBIT 8.9x 18.7x 22.1x
EV/Revenue 5.1x 2.4x 5.1x
EV/FCF 26.1x 18.2x 114.4x
EV/Operating cash flow 10.5x 13.4x 19.8x
PEG (3Y EPS CAGR) 0.25 -2.84 0.70

Growth

14 metrics
MetricAROCSLBTRGP
Revenue growth (1Y) 11.5% 2.5% -2.0%
Revenue CAGR (3Y) 18.2% 5.3% -2.1%
Gross profit growth (1Y) 19.7% -15.3% 18.6%
Gross profit CAGR (3Y) 29.3% -0.2% 12.2%
Operating income growth (1Y) 25.9% -16.5% 27.6%
Operating income CAGR (3Y) 34.3% -2.2% 15.8%
Net income growth (1Y) 41.9% -25.2% 29.5%
Net income CAGR (3Y) 69.9% -7.6% 12.5%
EPS growth (1Y) 42.3% -31.3% 49.2%
EPS CAGR (3Y) 63.1% -9.0% 41.3%
Operating cash flow growth (1Y) 56.3% -1.6% 16.4%
Operating cash flow CAGR (3Y) 46.2% 8.5% 14.6%
Free cash flow growth (1Y) 1,641% 0.1% 73.3%
Free cash flow CAGR (3Y) 74.1% 21.2% -4.7%

Profitability

14 metrics
MetricAROCSLBTRGP
Gross margin 67.3% 16.5% 43.2%
EBITDA margin 76.3% 20.5% 32.9%
Operating margin 56.5% 12.9% 22.9%
Pretax margin 29.0% 10.8% 17.5%
Net margin 21.8% 8.5% 13.5%
FCF margin 19.4% 13.2% 4.4%
Operating cash flow margin 48.2% 18.0% 25.6%
Return on equity 21.5% 11.5% 65.2%
Return on assets 7.5% 5.7% 8.3%
Return on invested capital 16.5% 9.5% 13.2%
Return on capital employed 20.4% 11.4% 15.7%
Asset turnover 0.3x 0.7x 0.6x
Cash conversion (OCF / net income) 2.2x 2.1x 1.9x
Stock comp / revenue 2.4% 0.9% 0.5%

Financial Health

11 metrics
MetricAROCSLBTRGP
Debt / assets 52.8% 23.0% 68.7%
Debt / equity 1.5x 0.5x 5.2x
Net debt / EBITDA 2.0x 1.2x 3.5x
Debt / FCF 8.1x 2.7x 26.4x
Liabilities / assets 65.1% 50.9% 86.7%
Equity / assets 34.9% 49.1% 13.3%
Interest coverage 5.2x 9.1x –
Current ratio 1.4x 1.4x 0.8x
Quick ratio 0.9x 0.9x 0.6x
Cash ratio 0.0x 0.3x 0.0x
Altman Z-score 1.40 3.21 2.73

Shareholder Returns

7 metrics
MetricAROCSLBTRGP
Dividend yield 2.9% 2.2% 1.5%
Net buyback yield 0.8% 1.1% 0.5%
Shareholder yield 3.8% 3.3% 2.0%
Payout ratio (earnings) 46.4% – –
Payout ratio (FCF) 52.3% – –
Dividend growth (1Y) 20.6% – –
Dividend CAGR (3Y) 18.1% – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAROCSLBTRGP
Forward P/E 17.8xFY2026 21.1xFY2026 28.7xFY2026
EPS, next fiscal year $1.68FY2026 $2.52FY2026 $10.62FY2026
EPS growth, next FY -8.2%FY2026 -14.0%FY2026 +24.4%FY2026
EPS growth, the year after +26.2% +17.1% +24.8%
Revenue, next fiscal year $1.55BFY2026 $38.38BFY2026 $19.51BFY2026
Revenue growth, next FY +4.1%FY2026 +7.5%FY2026 +14.6%FY2026
Revenue growth, the year after -1.1% +0.5% +14.9%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAROCSLBTRGP
Held by institutions 100.0% 89.8% 93.5%
Institutions holding 453 1,698 1,085
Change in shares held, QoQ +3.3% +1.6% +2.9%
Institutions buying 261 783 558
Institutions selling 126 663 353
Buyers to sellers 2.07 1.18 1.58

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

AROCSLBTRGP
AROC 1.00 0.32 0.41
SLB 0.32 1.00 0.32
TRGP 0.41 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, AROC, SLB and TRGP?

Slb (SLB) is the largest by market capitalisation: Archrock (AROC) $5.54B, Slb (SLB) $80.60B, Targa Resources (TRGP) $64.85B.

Which stock is cheaper, AROC, SLB and TRGP?

Archrock (AROC) trades on the lowest price-to-earnings ratio (Archrock (AROC) 16.9x, Slb (SLB) 26.0x, Targa Resources (TRGP) 28.6x). On next year's consensus earnings, Archrock (AROC) is cheapest (Archrock (AROC) 17.8x, Slb (SLB) 21.1x, Targa Resources (TRGP) 28.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Archrock (AROC) grew revenue fastest over the trailing twelve months: Archrock (AROC) +11.5%, Slb (SLB) +2.5%, Targa Resources (TRGP) -2.0%.

Which company is more profitable?

Archrock (AROC) has the highest net margin (Archrock (AROC) 21.8%, Slb (SLB) 8.5%, Targa Resources (TRGP) 13.5%). On return on invested capital, Archrock (AROC) leads (Archrock (AROC) 16.5%, Slb (SLB) 9.5%, Targa Resources (TRGP) 13.2%).

Which stock has performed better?

Over the past year Targa Resources (TRGP) returned the most: Archrock (AROC) +17.8%, Slb (SLB) +48.2%, Targa Resources (TRGP) +98.1%. Over five years, Targa Resources (TRGP) compounded fastest (Archrock (AROC) +29.3%/yr, Slb (SLB) +10.3%/yr, Targa Resources (TRGP) +40.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Archrock (AROC) 0.03%, Slb (SLB) 0.00%, Targa Resources (TRGP) 0.00%. Slb (SLB) and Targa Resources (TRGP) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Targa Resources (TRGP) has been the steadiest (Archrock (AROC) 32.3%, Slb (SLB) 36.7%, Targa Resources (TRGP) 28.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, AROC, SLB and TRGP?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Archrock (AROC) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.