BKR vs LBRT vs PDS Stock Comparison

Baker Hughes, Liberty Energy and Precision Drilling Prices as of Oct 28, 2026 Peers: Industry group
BKR Baker Hughes Co
$54.66 -4.3% 1M +14.2% 1Y
Market cap
$54.33B
P/E
18.7x
Revenue (TTM)
$28.74B
Div. yield
0.02%
Oilfield Services Energy
5 wins
LBRT Liberty Energy Inc.
$17.60 -7.2% 1M +3.2% 1Y
Market cap
$2.88B
P/E
71.5x
Revenue (TTM)
$4.44B
Div. yield
–
Oilfield Services Energy
1 win

Head to Head

11 decided of 12

Baker Hughes leads on 5 of the 12 questions below (Baker Hughes 5, Precision Drilling 5, Liberty Energy 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionBKRLBRTPDSLeader
Larger companyMarket capitalisation $54.33B $2.88B $1.44B BKR
Cheaper on earningsLower P/E, profitable companies only 18.7x 71.5x -412.0x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.5x 83.8x 20.6x PDS
Faster revenue growthRevenue growth, trailing twelve months +3.7% +13.6% +9.4% LBRT
More profitableNet margin, trailing twelve months 10.1% 0.9% -0.2% BKR
Better return on capitalReturn on invested capital 8.3% 1.8% 0.0% BKR
Less leveragedLower net debt / EBITDA 2.9x 2.2x 0.7x PDS
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.2% +3.2% +81.3% PDS
Better 5-year returnAnnualised price return, 5 years +16.9%/yr +6.4%/yr +19.0%/yr PDS
Less volatileAnnualised volatility, 1 year 34.4% 60.4% 39.2% BKR
Higher overall scoreMean of the five percentile scores vs peers 46/100 38/100 54/100 PDS

Percentile Scorecard

BKRLBRTPDS

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

AxisBKRLBRTPDS
Valuation 33 #32 of 47 65 #17 of 47 96 #3 of 47
Growth 64 #16 of 43 7 #40 of 43 31 #30 of 43
Profitability 74 #11 of 40 36 #26 of 40 69 #13 of 40
Financial Health 16 #38 of 45 30 #32 of 45 66 #16 of 45
Shareholder Returns 45 #18 of 32 52 #16 of 32 10 #29 of 32
Overall 46 38 54
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • LBRT ranked among 48 companies in Oilfield Services and Equipment
  • PDS 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

PeriodBKRLBRTPDSSPY
1 month -4.3%-7.2%+31.1% +0.9%
3 months -6.9%+3.1%+44.2% +5.9%
6 months -20.6%-48.0%+3.7% +8.5%
Year to date +20.0%-4.7%+46.7% +13.3%
1 year +14.2%+3.2%+81.3% +12.4%
3 years +57.0%-10.2%+82.4% +88.1%
3 years, per year +16.2%-3.5%+22.2% +23.5%
5 years +117.9%+36.2%+138.3% +68.2%
5 years, per year +16.9%+6.4%+19.0% +11.0%
10 years ——+17.2% +263.4%
10 years, per year ——+1.6% +13.8%

Risk

MeasureBKRLBRTPDSSPY
Volatility, 1Y 34.4%60.4%39.2% 12.7%
Downside volatility, 1Y 35.9%69.4%40.7% 12.7%
Beta vs S&P 500, 1Y 0.681.160.16 1.00
Return / volatility, 1Y 0.410.052.07 0.98
Max drawdown, 5Y -47.2%-59.5%-55.5% -25.4%
From 52-week high -21.5%-48.1%0.0% -0.9%
52-week high $69.67$33.93$105.45 $779.14
52-week low $44.47$15.28$56.91 $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.

MultipleBKRLBRTPDS
P/E now vs peer median 18.7xmedian 28.7x 71.3xmedian 28.7x -402.4xmedian 28.7x
P/S now vs peer median 1.9xmedian 1.3x 0.6xmedian 1.3x 1.0xmedian 1.3x
EV/EBITDA now vs peer median 13.8xmedian 8.7x 7.5xmedian 8.7x 3.1xmedian 8.7x
P/FCF now vs peer median 16.8xmedian 16.3x -4.4xmedian 16.3x 2.7xmedian 16.3x
P/B now vs peer median 2.6xmedian 1.7x 1.5xmedian 1.7x 1.2xmedian 1.7x
PEG now vs peer median 0.91median 0.51 -1.21median 0.51 15.08median 0.51

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 monthsBKRLBRTPDS
Revenue $28.74B $4.44B $1.43B
Gross profit $6.83B $800.93M $433.02M
Operating income $3.43B $74.18M $340.55M
Net income $2.93B $40.31M -$2.45M
Free cash flow $3.23B -$652.46M $512.21M
R&D $573.00M – –
EPS (diluted) $2.90 $0.25 $-0.26
Cash & equivalents $4.07B $119.00M $16.33M
Total debt $18.26B $1.29B $443.31M
Shares (diluted) 998.00M 163.19M 13.34M
Enterprise value $16.05B $1.48B $1.28B

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
MetricBKRLBRTPDS
P/E 18.7x 71.3x -402.4x
P/FCF 16.8x -4.4x 2.7x
P/Operating cash flow 12.0x 5.1x 4.7x
P/S 1.9x 0.6x 1.0x
P/B 2.6x 1.5x 1.2x
P/Tangible book 5.0x 1.5x 1.2x
EV/EBITDA 13.8x 7.5x 3.1x
EV/EBIT 20.0x 54.5x 5.3x
EV/Revenue 2.4x 0.9x 1.2x
EV/FCF 21.2x -6.2x 3.5x
EV/Operating cash flow 15.2x 7.2x 6.1x
PEG (3Y EPS CAGR) 0.91 -1.21 15.08

Growth

14 metrics
MetricBKRLBRTPDS
Revenue growth (1Y) 3.7% 13.6% 9.4%
Revenue CAGR (3Y) 5.4% -3.2% -0.1%
Gross profit growth (1Y) 3.2% -3.0% 0.3%
Gross profit CAGR (3Y) 5.8% -17.7% -6.4%
Operating income growth (1Y) 3.8% -4.6% -1.5%
Operating income CAGR (3Y) 13.8% -55.4% -5.9%
Net income growth (1Y) 0.0% -78.3% -105.8%
Net income CAGR (3Y) 19.9% -59.7% -26.5%
EPS growth (1Y) -0.4% -78.1% -109.0%
EPS CAGR (3Y) 20.5% -58.9% -26.7%
Operating cash flow growth (1Y) 35.2% -5.4% -9.3%
Operating cash flow CAGR (3Y) 14.2% -16.4% -7.0%
Free cash flow growth (1Y) 54.5% -30,346% 3.5%
Free cash flow CAGR (3Y) 19.5% -55.7% -0.1%

Profitability

14 metrics
MetricBKRLBRTPDS
Gross margin 23.8% 18.0% 30.2%
EBITDA margin 17.2% 12.1% 40.7%
Operating margin 11.9% 1.7% 23.8%
Pretax margin 11.2% 1.2% 0.9%
Net margin 10.1% 0.9% -0.2%
FCF margin 11.2% -14.7% 35.7%
Operating cash flow margin 15.7% 12.6% 20.4%
Return on equity 14.4% 2.1% -0.2%
Return on assets 5.2% 0.9% -0.1%
Return on invested capital 8.3% 1.8% 0.0%
Return on capital employed 8.9% 2.0% 20.1%
Asset turnover 0.5x 1.0x 0.7x
Cash conversion (OCF / net income) 1.5x 13.9x -119.3x
Stock comp / revenue 0.7% 0.8% –

Financial Health

11 metrics
MetricBKRLBRTPDS
Debt / assets 30.9% 28.7% 22.7%
Debt / equity 0.9x 0.7x 0.4x
Net debt / EBITDA 2.9x 2.2x 0.7x
Debt / FCF 5.7x -2.0x 0.9x
Liabilities / assets 65.2% 57.2% 41.7%
Equity / assets 34.8% 42.8% 58.3%
Interest coverage – 2.8x 9.5x
Current ratio 1.2x 1.3x 1.5x
Quick ratio 0.8x 1.0x 1.3x
Cash ratio 0.2x 0.1x 0.1x
Altman Z-score 1.58 2.13 1.97

Shareholder Returns

7 metrics
MetricBKRLBRTPDS
Dividend yield 1.7% 2.0% –
Net buyback yield – – -3.6%
Shareholder yield 1.7% 2.0% -3.6%
Payout ratio (earnings) 31.1% – –
Payout ratio (FCF) 28.2% – –
Dividend growth (1Y) 2.2% – –
Dividend CAGR (3Y) 5.5% – –

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.

ConsensusBKRLBRTPDS
Forward P/E 21.5xFY2026 83.8xFY2026 20.6xFY2026
EPS, next fiscal year $2.54FY2026 $0.21FY2026 $5.11FY2026
EPS growth, next FY -2.3%FY2026 +40.0%FY2026 +5,010.0%FY2026
EPS growth, the year after +10.6% -81.0% +69.3%
Revenue, next fiscal year $30.90BFY2026 $4.69BFY2026 $1.57BFY2026
Revenue growth, next FY +11.4%FY2026 +16.9%FY2026 +17.1%FY2026
Revenue growth, the year after -1.5% -2.1% +2.1%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKRLBRTPDS
Held by institutions 97.3% 100.0% –
Institutions holding 1,148 405 –
Change in shares held, QoQ +5.2% +4.7% –
Institutions buying 576 217 –
Institutions selling 429 142 –
Buyers to sellers 1.34 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.

BKRLBRTPDS
BKR 1.00 0.37 0.38
LBRT 0.37 1.00 0.41
PDS 0.38 0.41 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BKR, LBRT and PDS?

Baker Hughes (BKR) is the largest by market capitalisation: Baker Hughes (BKR) $54.33B, Liberty Energy (LBRT) $2.88B, Precision Drilling (PDS) $1.44B.

Which stock is cheaper, BKR, LBRT and PDS?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Baker Hughes (BKR) 18.7x, Liberty Energy (LBRT) 71.5x, Precision Drilling (PDS) -412.0x). On next year's consensus earnings, Precision Drilling (PDS) is cheapest (Baker Hughes (BKR) 21.5x, Liberty Energy (LBRT) 83.8x, Precision Drilling (PDS) 20.6x). 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) +3.7%, Liberty Energy (LBRT) +13.6%, Precision Drilling (PDS) +9.4%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Baker Hughes (BKR) 10.1%, Liberty Energy (LBRT) 0.9%, Precision Drilling (PDS) -0.2%). On return on invested capital, Baker Hughes (BKR) leads (Baker Hughes (BKR) 8.3%, Liberty Energy (LBRT) 1.8%, Precision Drilling (PDS) 0.0%).

Which stock has performed better?

Over the past year Precision Drilling (PDS) returned the most: Baker Hughes (BKR) +14.2%, Liberty Energy (LBRT) +3.2%, Precision Drilling (PDS) +81.3%. Over five years, Precision Drilling (PDS) compounded fastest (Baker Hughes (BKR) +16.9%/yr, Liberty Energy (LBRT) +6.4%/yr, Precision Drilling (PDS) +19.0%/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%, Liberty Energy (LBRT) 0.00%, Precision Drilling (PDS) 0.00%. Liberty Energy (LBRT) and Precision Drilling (PDS) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Baker Hughes (BKR) 34.4%, Liberty Energy (LBRT) 60.4%, Precision Drilling (PDS) 39.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.