BKR vs EFXT vs LBRT Stock Comparison

Baker Hughes, Enerflex and Liberty Energy Prices as of Oct 26, 2026 Peers: Industry group
BKR Baker Hughes Co
$56.01 -3.1% 1M +18.4% 1Y
Market cap
$57.81B
P/E
18.7x
Revenue (TTM)
$27.73B
Div. yield
0.02%
Oilfield Services Energy
6 wins
EFXT Enerflex Ltd.
$23.44 -0.6% 1M +88.1% 1Y
Market cap
$2.94B
P/E
48.2x
Revenue (TTM)
$2.21B
Div. yield
–
Oilfield Equipment Energy
4 wins
LBRT Liberty Energy Inc.
$16.08 -15.1% 1M -2.0% 1Y
Market cap
$2.74B
P/E
67.9x
Revenue (TTM)
$4.44B
Div. yield
–
Oilfield Services Energy
1 win

Head to Head

11 decided of 12

Baker Hughes leads on 6 of the 12 questions below (Baker Hughes 6, Enerflex 4, Liberty Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBKREFXTLBRTLeader
Larger companyMarket capitalisation $57.81B $2.94B $2.74B BKR
Cheaper on earningsLower P/E, profitable companies only 18.7x 48.2x 67.9x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.1x 18.5x 76.6x EFXT
Faster revenue growthRevenue growth, trailing twelve months +0.4% — +13.6% LBRT
More profitableNet margin, trailing twelve months 11.2% 2.8% 0.9% BKR
Better return on capitalReturn on invested capital 8.9% 8.8% 1.8% BKR
Less leveragedLower net debt / EBITDA 0.1x 0.7x 2.2x BKR
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +18.4% +88.1% -2.0% EFXT
Better 5-year returnAnnualised price return, 5 years +17.5%/yr +22.3%/yr +3.4%/yr EFXT
Less volatileAnnualised volatility, 1 year 33.2% 49.2% 60.1% BKR
Higher overall scoreMean of the five percentile scores vs peers 55/100 63/100 43/100 EFXT

Percentile Scorecard

BKREFXTLBRT

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

AxisBKREFXTLBRT
Valuation 44 #27 of 47 74 #13 of 47 70 #15 of 47
Growth 67 #15 of 44 93 #4 of 44 7 #41 of 44
Profitability 75 #11 of 41 88 #6 of 41 35 #27 of 41
Financial Health 49 #24 of 46 36 #30 of 46 27 #34 of 46
Shareholder Returns 42 #19 of 32 26 #24 of 32 74 #9 of 32
Overall 55 63 43
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • EFXT ranked among 48 companies in Oilfield Services and Equipment
  • LBRT ranked among 48 companies in Oilfield Services and Equipment

Price Performance

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

Returns

PeriodBKREFXTLBRTSPY
1 month -3.1%-0.6%-15.1% -0.8%
3 months -7.6%+4.2%-4.6% +3.5%
6 months -18.1%-8.3%-51.1% +7.0%
Year to date +23.0%+51.9%-12.9% +12.2%
1 year +18.4%+88.1%-2.0% +13.0%
3 years +60.9%+477.3%-18.0% +86.3%
3 years, per year +17.2%+79.5%-6.4% +23.1%
5 years +124.0%+172.9%+18.0% +68.6%
5 years, per year +17.5%+22.3%+3.4% +11.0%
10 years —+112.1%— +258.0%
10 years, per year —+7.8%— +13.6%

Risk

MeasureBKREFXTLBRTSPY
Volatility, 1Y 33.2%49.2%60.1% 12.7%
Downside volatility, 1Y 34.2%47.8%69.4% 12.7%
Beta vs S&P 500, 1Y 0.680.871.14 1.00
Return / volatility, 1Y 0.551.79-0.03 1.02
Max drawdown, 5Y -47.2%-56.6%-59.5% -25.4%
From 52-week high -19.6%-17.4%-52.6% -1.8%
52-week high $69.67$28.39$33.93 $779.14
52-week low $44.47$12.53$15.28 $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.

MultipleBKREFXTLBRT
P/E now vs peer median 17.9xmedian 25.5x 47.2xmedian 25.5x 65.1xmedian 25.5x
P/S now vs peer median 2.0xmedian 1.2x 1.3xmedian 1.2x 0.6xmedian 1.2x
EV/EBITDA now vs peer median 11.5xmedian 8.6x 5.1xmedian 8.6x 7.1xmedian 8.6x
P/FCF now vs peer median 17.8xmedian 14.7x 6.4xmedian 14.7x -4.0xmedian 14.7x
P/B now vs peer median 2.8xmedian 1.6x 2.4xmedian 1.6x 1.4xmedian 1.6x
PEG now vs peer median 0.45median 0.41 1.25median 0.41 -1.11median 0.41

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 monthsBKREFXTLBRT
Revenue $27.73B $2.21B $4.44B
Gross profit $6.58B $525.36M $800.93M
Operating income $3.59B $206.78M $74.18M
Net income $3.12B $185.99M $40.31M
Free cash flow $3.13B $444.07M -$652.46M
R&D $569.00M – –
EPS (diluted) $3.11 $0.50 $0.25
Cash & equivalents $15.73B $74.00M $119.00M
Total debt $16.25B $2.40B $1.29B
Shares (diluted) 997.00M 123.06M 163.19M
Enterprise value $20.91B $2.62B $1.33B

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
MetricBKREFXTLBRT
P/E 17.9x 47.2x 65.1x
P/FCF 17.8x 6.4x -4.0x
P/Operating cash flow 12.5x 6.8x 4.7x
P/S 2.0x 1.3x 0.6x
P/B 2.8x 2.4x 1.4x
P/Tangible book 3.5x 2.5x 1.4x
EV/EBITDA 11.5x 5.1x 7.1x
EV/EBIT 15.7x 16.0x 51.2x
EV/Revenue 2.0x 1.5x 0.9x
EV/FCF 17.9x 7.5x -5.8x
EV/Operating cash flow 12.7x 7.9x 6.8x
PEG (3Y EPS CAGR) 0.45 1.25 -1.11

Growth

14 metrics
MetricBKREFXTLBRT
Revenue growth (1Y) 0.4% – 13.6%
Revenue CAGR (3Y) 6.0% 9.3% -3.2%
Gross profit growth (1Y) -0.9% – -3.0%
Gross profit CAGR (3Y) 5.8% 17.6% -17.7%
Operating income growth (1Y) 9.7% – -4.6%
Operating income CAGR (3Y) 23.9% 84.6% -55.4%
Net income growth (1Y) 1.3% – -78.3%
Net income CAGR (3Y) 39.1% 65.2% -59.7%
EPS growth (1Y) 1.0% -46.0% -78.1%
EPS CAGR (3Y) 39.9% 37.7% -58.9%
Operating cash flow growth (1Y) 29.7% – -5.4%
Operating cash flow CAGR (3Y) 16.4% 243.8% -16.4%
Free cash flow growth (1Y) 44.5% – -30,346%
Free cash flow CAGR (3Y) 21.8% 219.7% -55.7%

Profitability

14 metrics
MetricBKREFXTLBRT
Gross margin 23.7% 23.8% 18.0%
EBITDA margin 17.6% 29.5% 12.1%
Operating margin 12.9% 9.4% 1.7%
Pretax margin 12.7% 14.8% 1.2%
Net margin 11.2% 2.8% 0.9%
FCF margin 11.3% 20.1% -14.7%
Operating cash flow margin 16.0% 19.0% 12.6%
Return on equity 15.8% 10.3% 2.1%
Return on assets 6.0% 4.2% 0.9%
Return on invested capital 8.9% 8.8% 1.8%
Return on capital employed 9.7% 11.5% 2.0%
Asset turnover 0.5x 0.8x 1.0x
Cash conversion (OCF / net income) 1.4x 2.3x 13.9x
Stock comp / revenue 0.7% 1.3% 0.8%

Financial Health

11 metrics
MetricBKREFXTLBRT
Debt / assets 30.9% 18.9% 28.7%
Debt / equity 0.8x 0.5x 0.7x
Net debt / EBITDA 0.1x 0.7x 2.2x
Debt / FCF 5.2x 1.2x -2.0x
Liabilities / assets 61.8% 58.3% 57.2%
Equity / assets 38.2% 41.7% 42.8%
Interest coverage – 0.2x 2.8x
Current ratio 2.1x 1.2x 1.3x
Quick ratio 1.7x 0.6x 1.0x
Cash ratio 1.1x 0.1x 0.1x
Altman Z-score 2.10 2.26 2.07

Shareholder Returns

7 metrics
MetricBKREFXTLBRT
Dividend yield 1.6% 0.7% 2.2%
Net buyback yield – – –
Shareholder yield 1.6% 0.7% 2.2%
Payout ratio (earnings) 29.1% – –
Payout ratio (FCF) 29.1% – –
Dividend growth (1Y) 4.2% – –
Dividend CAGR (3Y) 6.4% – –

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.

ConsensusBKREFXTLBRT
Forward P/E 22.1xFY2026 18.5xFY2026 76.6xFY2026
EPS, next fiscal year $2.54FY2026 $1.27FY2026 $0.21FY2026
EPS growth, next FY -2.3%FY2026 +144.2%FY2026 +40.0%FY2026
EPS growth, the year after +10.6% +37.8% -81.0%
Revenue, next fiscal year $30.90BFY2026 $2.39BFY2026 $4.69BFY2026
Revenue growth, next FY +11.4%FY2026 -7.1%FY2026 +16.9%FY2026
Revenue growth, the year after -1.5% +7.6% -2.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKREFXTLBRT
Held by institutions 97.2% 66.5% 100.0%
Institutions holding 1,148 167 405
Change in shares held, QoQ +5.2% -1.1% +4.7%
Institutions buying 576 85 217
Institutions selling 429 63 142
Buyers to sellers 1.34 1.35 1.53

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.

BKREFXTLBRT
BKR 1.00 0.38 0.39
EFXT 0.38 1.00 0.42
LBRT 0.39 0.42 1.00

Add a Peer

Largest companies in the same industry

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Frequently Asked Questions

Which is bigger, BKR, EFXT and LBRT?

Baker Hughes (BKR) is the largest by market capitalisation: Baker Hughes (BKR) $57.81B, Enerflex (EFXT) $2.94B, Liberty Energy (LBRT) $2.74B.

Which stock is cheaper, BKR, EFXT and LBRT?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Baker Hughes (BKR) 18.7x, Enerflex (EFXT) 48.2x, Liberty Energy (LBRT) 67.9x). On next year's consensus earnings, Enerflex (EFXT) is cheapest (Baker Hughes (BKR) 22.1x, Enerflex (EFXT) 18.5x, Liberty Energy (LBRT) 76.6x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Liberty Energy (LBRT) grew revenue fastest over the trailing twelve months: Baker Hughes (BKR) +0.4%, Liberty Energy (LBRT) +13.6%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Baker Hughes (BKR) 11.2%, Enerflex (EFXT) 2.8%, Liberty Energy (LBRT) 0.9%). On return on invested capital, Baker Hughes (BKR) leads (Baker Hughes (BKR) 8.9%, Enerflex (EFXT) 8.8%, Liberty Energy (LBRT) 1.8%).

Which stock has performed better?

Over the past year Enerflex (EFXT) returned the most: Baker Hughes (BKR) +18.4%, Enerflex (EFXT) +88.1%, Liberty Energy (LBRT) -2.0%. Over five years, Enerflex (EFXT) compounded fastest (Baker Hughes (BKR) +17.5%/yr, Enerflex (EFXT) +22.3%/yr, Liberty Energy (LBRT) +3.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Baker Hughes (BKR) 0.02%, Enerflex (EFXT) 0.00%, Liberty Energy (LBRT) 0.00%. Enerflex (EFXT) and Liberty Energy (LBRT) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Baker Hughes (BKR) 33.2%, Enerflex (EFXT) 49.2%, Liberty Energy (LBRT) 60.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BKR, EFXT and LBRT?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Baker Hughes (BKR) 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.