BKR vs FLOC vs WHD Stock Comparison

Baker Hughes, Flowco Holdings and Cactus Prices as of Oct 26, 2026 Peers: Industry group
BKR Baker Hughes Co
$56.01 -3.1% 1M +18.4% 1Y
Market cap
$58.59B
P/E
18.9x
Revenue (TTM)
$27.73B
Div. yield
0.02%
Oilfield Services Energy
5 wins
FLOC Flowco Holdings Inc.
$19.70 +2.8% 1M +25.2% 1Y
Market cap
$854.15M
P/E
17.2x
Revenue (TTM)
$819.54M
Div. yield
0.04%
Oilfield Equipment Energy
4 wins
WHD Cactus, Inc.
$64.32 0.0% 1M +65.3% 1Y
Market cap
$4.56B
P/E
55.7x
Revenue (TTM)
$1.36B
Div. yield
0.01%
Oilfield Equipment Energy
3 wins

Head to Head

12 decided of 12

Baker Hughes leads on 5 of the 12 questions below (Baker Hughes 5, Flowco Holdings 4, Cactus 3). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBKRFLOCWHDLeader
Larger companyMarket capitalisation $58.59B $854.15M $4.56B BKR
Cheaper on earningsLower P/E, profitable companies only 18.9x 17.2x 55.7x FLOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.1x 12.9x 23.3x FLOC
Faster revenue growthRevenue growth, trailing twelve months +0.4% +7.7% +21.8% WHD
More profitableNet margin, trailing twelve months 11.2% 6.1% 6.0% BKR
Better return on capitalReturn on invested capital 8.9% 23.0% — FLOC
Less leveragedLower net debt / EBITDA 0.1x 0.9x — BKR
Higher dividend yieldTrailing dividend yield 0.02% 0.04% 0.01% FLOC
Better 1-year returnPrice return, last 12 months +18.4% +25.2% +65.3% WHD
Better 5-year returnAnnualised price return, 5 years +17.5%/yr — +8.1%/yr BKR
Less volatileAnnualised volatility, 1 year 33.2% 45.7% 42.3% BKR
Higher overall scoreMean of the five percentile scores vs peers 55/100 67/100 67/100 WHD

Percentile Scorecard

BKRFLOCWHD

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

AxisBKRFLOCWHD
Valuation 44 #27 of 47 72 #14 of 47 28 #34 of 47
Growth 67 #15 of 44 74 #12 of 44 65 #16 of 44
Profitability 75 #11 of 41 95 #3 of 41 90 #5 of 41
Financial Health 49 #24 of 46 40 #28 of 46 89 #6 of 46
Shareholder Returns 42 #19 of 32 52 #16 of 32 65 #12 of 32
Overall 55 67 67
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • FLOC ranked among 48 companies in Oilfield Services and Equipment
  • WHD 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

PeriodBKRFLOCWHDSPY
1 month -3.1%+2.8%0.0% -0.8%
3 months -7.6%+3.2%+19.4% +3.5%
6 months -18.1%-17.7%+13.0% +7.0%
Year to date +23.0%+5.1%+40.8% +12.2%
1 year +18.4%+25.2%+65.3% +13.0%
3 years +60.9%—+36.7% +86.3%
3 years, per year +17.2%—+11.0% +23.1%
5 years +124.0%—+47.6% +68.6%
5 years, per year +17.5%—+8.1% +11.0%

Risk

MeasureBKRFLOCWHDSPY
Volatility, 1Y 33.2%45.7%42.3% 12.7%
Downside volatility, 1Y 34.2%49.2%40.0% 12.7%
Beta vs S&P 500, 1Y 0.680.811.05 1.00
Return / volatility, 1Y 0.550.551.54 1.02
Max drawdown, 5Y -47.2%-52.9%-51.9% -25.4%
From 52-week high -19.6%-29.9%-12.8% -1.8%
52-week high $69.67$28.09$73.74 $779.14
52-week low $44.47$15.61$39.41 $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.

MultipleBKRFLOCWHD
P/E now vs peer median 17.9xmedian 25.5x 17.0xmedian 25.5x 54.6xmedian 25.5x
P/S now vs peer median 2.0xmedian 1.2x 2.2xmedian 1.2x 3.3xmedian 1.2x
EV/EBITDA now vs peer median 11.5xmedian 8.6x 6.4xmedian 8.6x 11.4xmedian 8.6x
P/FCF now vs peer median 17.8xmedian 14.7x 13.1xmedian 14.7x 13.8xmedian 14.7x
P/B now vs peer median 2.8xmedian 1.6x 4.9xmedian 1.6x 3.1xmedian 1.6x
PEG now vs peer median 0.45median 0.41 —median 0.41 -3.31median 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 monthsBKRFLOCWHD
Revenue $27.73B $819.54M $1.36B
Gross profit $6.58B $186.03M $452.98M
Operating income $3.59B $154.08M $254.17M
Net income $3.12B $135.66M $200.09M
Free cash flow $3.13B $136.24M $323.97M
R&D $569.00M – –
EPS (diluted) $3.11 $1.13 $1.17
Cash & equivalents $15.73B $19.19M $365.82M
Total debt $16.25B $298.41M –
Shares (diluted) 997.00M 43.97M 70.22M
Enterprise value $21.69B $805.87M $3.33B

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
MetricBKRFLOCWHD
P/E 17.9x 17.0x 54.6x
P/FCF 17.8x 13.1x 13.8x
P/Operating cash flow 12.5x 5.2x 12.2x
P/S 2.0x 2.2x 3.3x
P/B 2.8x 4.9x 3.1x
P/Tangible book 3.5x 30.3x 4.0x
EV/EBITDA 11.5x 6.4x 11.4x
EV/EBIT 15.7x 13.4x 16.2x
EV/Revenue 2.0x 2.5x 3.0x
EV/FCF 17.9x 15.1x 12.7x
EV/Operating cash flow 12.7x 6.0x 11.2x
PEG (3Y EPS CAGR) 0.45 – -3.31

Growth

14 metrics
MetricBKRFLOCWHD
Revenue growth (1Y) 0.4% 7.7% 21.8%
Revenue CAGR (3Y) 6.0% – 14.6%
Gross profit growth (1Y) -0.9% 18.1% 6.6%
Gross profit CAGR (3Y) 5.8% – 12.0%
Operating income growth (1Y) 9.7% 10.6% -8.1%
Operating income CAGR (3Y) 23.9% – 8.7%
Net income growth (1Y) 1.3% 39.3% -10.3%
Net income CAGR (3Y) 39.1% – 6.2%
EPS growth (1Y) 1.0% -45.8% -55.7%
EPS CAGR (3Y) 39.9% – -16.5%
Operating cash flow growth (1Y) 29.7% 35.3% 32.8%
Operating cash flow CAGR (3Y) 16.4% – 15.5%
Free cash flow growth (1Y) 44.5% 13.2% 39.5%
Free cash flow CAGR (3Y) 21.8% – 17.5%

Profitability

14 metrics
MetricBKRFLOCWHD
Gross margin 23.7% 22.7% 33.2%
EBITDA margin 17.6% 39.5% 26.5%
Operating margin 12.9% 18.8% 18.6%
Pretax margin 12.7% 16.7% 19.1%
Net margin 11.2% 6.1% 6.0%
FCF margin 11.3% 16.6% 23.8%
Operating cash flow margin 16.0% 41.9% 26.9%
Return on equity 15.8% 38.7% 14.0%
Return on assets 6.0% 7.1% 7.9%
Return on invested capital 8.9% 23.0% –
Return on capital employed 9.7% 8.7% 12.5%
Asset turnover 0.5x 0.4x 0.5x
Cash conversion (OCF / net income) 1.4x 2.5x 1.8x
Stock comp / revenue 0.7% 1.1% 1.9%

Financial Health

11 metrics
MetricBKRFLOCWHD
Debt / assets 30.9% 15.5% –
Debt / equity 0.8x 0.8x –
Net debt / EBITDA 0.1x 0.9x –
Debt / FCF 5.2x 2.2x –
Liabilities / assets 61.8% 81.0% 43.4%
Equity / assets 38.2% 19.0% 56.6%
Interest coverage – 9.0x –
Current ratio 2.1x 2.7x 2.6x
Quick ratio 1.7x 1.2x 2.1x
Cash ratio 1.1x 0.1x 0.7x
Altman Z-score 2.10 1.54 3.97

Shareholder Returns

7 metrics
MetricBKRFLOCWHD
Dividend yield 1.6% 2.4% 0.9%
Net buyback yield – 1.8% 0.2%
Shareholder yield 1.6% 4.2% 1.1%
Payout ratio (earnings) 29.1% 25.7% 19.6%
Payout ratio (FCF) 29.1% 25.5% 12.1%
Dividend growth (1Y) 4.2% -84.1% 10.0%
Dividend CAGR (3Y) 6.4% – 12.1%

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.

ConsensusBKRFLOCWHD
Forward P/E 22.1xFY2026 12.9xFY2026 23.3xFY2026
EPS, next fiscal year $2.54FY2026 $1.53FY2026 $2.76FY2026
EPS growth, next FY -2.3%FY2026 +7.0%FY2026 +2.6%FY2026
EPS growth, the year after +10.6% +2.6% +35.9%
Revenue, next fiscal year $30.90BFY2026 $892.01MFY2026 $1.77BFY2026
Revenue growth, next FY +11.4%FY2026 +17.4%FY2026 +63.9%FY2026
Revenue growth, the year after -1.5% +26.5% -2.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKRFLOCWHD
Held by institutions 97.2% 97.3% 95.8%
Institutions holding 1,148 151 344
Change in shares held, QoQ +5.2% +19.3% +2.6%
Institutions buying 576 102 187
Institutions selling 429 33 104
Buyers to sellers 1.34 3.09 1.80

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.

BKRFLOCWHD
BKR 1.00 0.35 0.49
FLOC 0.35 1.00 0.28
WHD 0.49 0.28 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BKR, FLOC and WHD?

Baker Hughes (BKR) is the largest by market capitalisation: Baker Hughes (BKR) $58.59B, Flowco Holdings (FLOC) $854.15M, Cactus (WHD) $4.56B.

Which stock is cheaper, BKR, FLOC and WHD?

Flowco Holdings (FLOC) trades on the lowest price-to-earnings ratio (Baker Hughes (BKR) 18.9x, Flowco Holdings (FLOC) 17.2x, Cactus (WHD) 55.7x). On next year's consensus earnings, Flowco Holdings (FLOC) is cheapest (Baker Hughes (BKR) 22.1x, Flowco Holdings (FLOC) 12.9x, Cactus (WHD) 23.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Cactus (WHD) grew revenue fastest over the trailing twelve months: Baker Hughes (BKR) +0.4%, Flowco Holdings (FLOC) +7.7%, Cactus (WHD) +21.8%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Baker Hughes (BKR) 11.2%, Flowco Holdings (FLOC) 6.1%, Cactus (WHD) 6.0%). On return on invested capital, Flowco Holdings (FLOC) leads (Baker Hughes (BKR) 8.9%, Flowco Holdings (FLOC) 23.0%).

Which stock has performed better?

Over the past year Cactus (WHD) returned the most: Baker Hughes (BKR) +18.4%, Flowco Holdings (FLOC) +25.2%, Cactus (WHD) +65.3%. Over five years, Baker Hughes (BKR) compounded fastest (Baker Hughes (BKR) +17.5%/yr, Cactus (WHD) +8.1%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Flowco Holdings (FLOC) has the highest dividend yield: Baker Hughes (BKR) 0.02%, Flowco Holdings (FLOC) 0.04%, Cactus (WHD) 0.01%.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Baker Hughes (BKR) 33.2%, Flowco Holdings (FLOC) 45.7%, Cactus (WHD) 42.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BKR, FLOC and WHD?

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 5. 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.