BKR vs FLS vs IEX Stock Comparison

Baker Hughes, Flowserve and Idex Prices as of Oct 27, 2026 Peers: Industry group
BKR Baker Hughes Co
$59.00 +2.0% 1M +26.6% 1Y
Market cap
$58.57B
P/E
20.2x
Revenue (TTM)
$28.74B
Div. yield
1.56%
Oilfield Services Energy
4 wins
FLS Flowserve Corp
$70.89 -4.0% 1M +34.2% 1Y
Market cap
$9.01B
P/E
24.4x
Revenue (TTM)
$4.63B
Div. yield
1.23%
Pumps and Valves Industrials
2 wins
IEX Idex Corp /De/
$233.15 +1.3% 1M +39.1% 1Y
Market cap
$17.19B
P/E
33.2x
Revenue (TTM)
$3.59B
Div. yield
1.24%
Pumps and Valves Industrials
6 wins

Head to Head

12 decided of 12

Idex leads on 6 of the 12 questions below (Idex 6, Baker Hughes 4, Flowserve 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBKRFLSIEXLeader
Larger companyMarket capitalisation $58.57B $9.01B $17.19B BKR
Cheaper on earningsLower P/E, profitable companies only 20.2x 24.4x 33.2x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 23.2x 16.3x 25.5x FLS
Faster revenue growthRevenue growth, trailing twelve months +3.7% -0.3% +7.3% IEX
More profitableNet margin, trailing twelve months — 8.0% 14.5% IEX
Better return on capitalReturn on invested capital — 6.6% 9.6% IEX
Less leveragedLower net debt / EBITDA — 2.9x 1.3x IEX
Higher dividend yieldTrailing dividend yield 1.56% 1.23% 1.24% BKR
Better 1-year returnPrice return, last 12 months +26.6% +34.2% +39.1% IEX
Better 5-year returnAnnualised price return, 5 years +18.4%/yr +16.6%/yr +0.9%/yr BKR
Less volatileAnnualised volatility, 1 year 33.6% 48.9% 22.1% IEX
Higher overall scoreMean of the five percentile scores vs peers 46/100 57/100 55/100 FLS

Percentile Scorecard

BKRFLSIEX

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

AxisBKRFLSIEX
Valuation 24 #36 of 47 49 #105 of 203 37 #129 of 203
Growth 64 #16 of 43 68 #61 of 188 40 #113 of 188
Profitability 62 #16 of 40 53 #87 of 183 85 #29 of 183
Financial Health – 34 #144 of 217 71 #63 of 217
Shareholder Returns 36 #21 of 32 83 #27 of 153 43 #87 of 153
Overall 46 57 55
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • FLS ranked among 222 companies in Machinery
  • IEX ranked among 222 companies in Machinery

Price Performance

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

Returns

PeriodBKRFLSIEXSPY
1 month +2.0%-4.0%+1.3% -0.2%
3 months +0.9%-3.5%+3.7% +3.9%
6 months -12.8%-16.7%+13.5% +8.2%
Year to date +29.6%+2.2%+31.0% +12.9%
1 year +26.6%+34.2%+39.1% +12.3%
3 years +69.5%+97.8%+22.1% +87.4%
3 years, per year +19.2%+25.5%+6.9% +23.3%
5 years +132.6%+115.2%+4.6% +67.9%
5 years, per year +18.4%+16.6%+0.9% +10.9%
10 years —+62.9%+171.1% +261.1%
10 years, per year —+5.0%+10.5% +13.7%

Risk

MeasureBKRFLSIEXSPY
Volatility, 1Y 33.6%48.9%22.1% 12.7%
Downside volatility, 1Y 34.2%42.0%19.9% 12.7%
Beta vs S&P 500, 1Y 0.701.760.68 1.00
Return / volatility, 1Y 0.790.701.77 0.97
Max drawdown, 5Y -47.2%-39.0%-35.9% -25.4%
From 52-week high -15.3%-23.0%-3.1% -1.2%
52-week high $69.67$92.04$240.52 $779.14
52-week low $44.47$52.66$161.68 $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.

MultipleBKRFLSIEX
P/E now vs peer median 20.2xmedian 26.1x 24.4xmedian 25.2x 33.2xmedian 25.2x
P/S now vs peer median 2.0xmedian 1.3x 1.9xmedian 1.9x 4.8xmedian 1.9x
EV/EBITDA now vs peer median —median 8.8x 21.4xmedian 14.0x 19.3xmedian 14.0x
P/FCF now vs peer median 17.7xmedian 14.9x 21.9xmedian 21.7x 26.8xmedian 21.7x
P/B now vs peer median 2.8xmedian 1.7x 3.9xmedian 2.3x 4.3xmedian 2.3x
PEG now vs peer median 0.98median 0.49 1.43median 1.32 -10.16median 1.32

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 monthsBKRFLSIEX
Revenue $28.74B $4.63B $3.59B
Gross profit – $1.57B $1.60B
Operating income – $392.30M $741.70M
Net income $2.93B $390.08M $519.50M
Free cash flow – $411.44M $641.50M
R&D $573.00M – –
EPS (diluted) $2.91 $2.89 $7.00
Cash & equivalents $4.07B $731.01M $621.30M
Total debt – $2.14B $1.86B
Shares (diluted) 997.00M 128.36M 74.20M
Enterprise value $58.57B $5.96B $14.81B

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
MetricBKRFLSIEX
P/E 20.2x 24.4x 33.2x
P/FCF 17.7x 21.9x 26.8x
P/Operating cash flow 13.0x 18.5x 24.0x
P/S 2.0x 1.9x 4.8x
P/B 2.8x 3.9x 4.3x
P/Tangible book 5.4x 4.5x 6.0x
EV/EBITDA – 21.4x 19.3x
EV/EBIT – 26.5x 24.8x
EV/Revenue 2.0x 2.2x 5.1x
EV/FCF – 25.3x 28.7x
EV/Operating cash flow 13.0x 21.3x 25.7x
PEG (3Y EPS CAGR) 0.98 1.43 -10.16

Growth

14 metrics
MetricBKRFLSIEX
Revenue growth (1Y) 3.7% -0.3% 7.3%
Revenue CAGR (3Y) 5.4% 5.3% 2.5%
Gross profit growth (1Y) – 4.3% 8.1%
Gross profit CAGR (3Y) – 10.8% 2.5%
Operating income growth (1Y) – -22.5% 11.8%
Operating income CAGR (3Y) – 11.5% -1.2%
Net income growth (1Y) 0.0% 24.0% 10.7%
Net income CAGR (3Y) 19.9% 15.9% -4.0%
EPS growth (1Y) -0.3% 30.5% 12.6%
EPS CAGR (3Y) 20.6% 17.1% -3.3%
Operating cash flow growth (1Y) 35.2% 1.6% 11.1%
Operating cash flow CAGR (3Y) 14.2% 81.4% 3.1%
Free cash flow growth (1Y) – 3.1% 9.3%
Free cash flow CAGR (3Y) – 348.1% 4.0%

Profitability

14 metrics
MetricBKRFLSIEX
Gross margin – 33.9% 44.7%
EBITDA margin – 10.5% 26.6%
Operating margin – 8.5% 20.7%
Pretax margin – 11.9% 19.0%
Net margin – 8.0% 14.5%
FCF margin – 8.9% 17.9%
Operating cash flow margin 15.7% 10.5% 20.0%
Return on equity 14.4% 16.9% 12.9%
Return on assets 5.2% 6.5% 7.5%
Return on invested capital – 6.6% 9.6%
Return on capital employed – 8.6% 11.7%
Asset turnover 0.5x 0.8x 0.5x
Cash conversion (OCF / net income) 1.5x 1.3x 1.4x
Stock comp / revenue 0.7% 0.9% 0.8%

Financial Health

11 metrics
MetricBKRFLSIEX
Debt / assets – 33.8% 26.8%
Debt / equity – 0.9x 0.5x
Net debt / EBITDA – 2.9x 1.3x
Debt / FCF – 5.2x 2.9x
Liabilities / assets – 63.2% 42.2%
Equity / assets 34.8% 36.8% 57.8%
Interest coverage – 4.6x –
Current ratio 1.2x 2.2x 3.0x
Quick ratio – 1.2x 2.0x
Cash ratio – 0.5x 1.1x
Altman Z-score – 3.58 5.55

Shareholder Returns

7 metrics
MetricBKRFLSIEX
Dividend yield 1.6% 1.2% 1.2%
Net buyback yield – 2.5% 1.8%
Shareholder yield 1.6% 3.7% 3.0%
Payout ratio (earnings) – – 41.1%
Payout ratio (FCF) – – 33.3%
Dividend growth (1Y) – – 1.4%
Dividend CAGR (3Y) – – 5.0%

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.

ConsensusBKRFLSIEX
Forward P/E 23.2xFY2026 16.3xFY2026 25.5xFY2026
EPS, next fiscal year $2.54FY2026 $4.34FY2026 $9.14FY2026
EPS growth, next FY -2.3%FY2026 +19.2%FY2026 +15.0%FY2026
EPS growth, the year after +10.6% +12.0% +12.0%
Revenue, next fiscal year $30.90BFY2026 $4.72BFY2026 $3.93BFY2026
Revenue growth, next FY +11.4%FY2026 -0.1%FY2026 +13.7%FY2026
Revenue growth, the year after -1.5% +5.3% +3.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKRFLSIEX
Held by institutions 97.3% 100.0% 100.0%
Institutions holding 1,148 584 686
Change in shares held, QoQ +5.2% +14.6% +0.1%
Institutions buying 576 299 351
Institutions selling 429 201 201
Buyers to sellers 1.34 1.49 1.75

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.

BKRFLSIEX
BKR 1.00 0.27 0.28
FLS 0.27 1.00 0.48
IEX 0.28 0.48 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BKR, FLS and IEX?

Baker Hughes (BKR) is the largest by market capitalisation: Baker Hughes (BKR) $58.57B, Flowserve (FLS) $9.01B, Idex (IEX) $17.19B.

Which stock is cheaper, BKR, FLS and IEX?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Baker Hughes (BKR) 20.2x, Flowserve (FLS) 24.4x, Idex (IEX) 33.2x). On next year's consensus earnings, Flowserve (FLS) is cheapest (Baker Hughes (BKR) 23.2x, Flowserve (FLS) 16.3x, Idex (IEX) 25.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Idex (IEX) grew revenue fastest over the trailing twelve months: Baker Hughes (BKR) +3.7%, Flowserve (FLS) -0.3%, Idex (IEX) +7.3%.

Which company is more profitable?

Idex (IEX) has the highest net margin (Flowserve (FLS) 8.0%, Idex (IEX) 14.5%). On return on invested capital, Idex (IEX) leads (Flowserve (FLS) 6.6%, Idex (IEX) 9.6%).

Which stock has performed better?

Over the past year Idex (IEX) returned the most: Baker Hughes (BKR) +26.6%, Flowserve (FLS) +34.2%, Idex (IEX) +39.1%. Over five years, Baker Hughes (BKR) compounded fastest (Baker Hughes (BKR) +18.4%/yr, Flowserve (FLS) +16.6%/yr, Idex (IEX) +0.9%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Baker Hughes (BKR) has the highest dividend yield: Baker Hughes (BKR) 1.56%, Flowserve (FLS) 1.23%, Idex (IEX) 1.24%.

Which stock is riskier?

By one-year price volatility, Idex (IEX) has been the steadiest (Baker Hughes (BKR) 33.6%, Flowserve (FLS) 48.9%, Idex (IEX) 22.1%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BKR, FLS and IEX?

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