BKR vs NEWH vs NEXT Stock Comparison

Baker Hughes, NewHydrogen and NextDecade 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
NEWH NewHydrogen, Inc.
$0.02 0.0% 1M -50.0% 1Y
Market cap
$18.56M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
NEXT NextDecade Corp
$6.30 -4.0% 1M +8.1% 1Y
Market cap
$1.71B
P/E
–
Revenue (TTM)
—
Div. yield
–
LNG and Gas Processing Energy
1 win

Head to Head

6 decided of 12

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

QuestionBKRNEWHNEXTLeader
Larger companyMarket capitalisation $58.59B $18.56M $1.71B BKR
Cheaper on earningsLower P/E, profitable companies only 18.9x -5.3x -4.8x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 22.1x — — –
Faster revenue growthRevenue growth, trailing twelve months +0.4% — — –
More profitableNet margin, trailing twelve months 11.2% — — –
Better return on capitalReturn on invested capital 8.9% — — –
Less leveragedLower net debt / EBITDA 0.1x — -72.0x NEXT
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +18.4% -50.0% +8.1% BKR
Better 5-year returnAnnualised price return, 5 years +17.5%/yr 0.0%/yr +11.5%/yr BKR
Less volatileAnnualised volatility, 1 year 33.2% 274.5% 60.4% BKR
Higher overall scoreMean of the five percentile scores vs peers 55/100 33/100 11/100 BKR

Percentile Scorecard

BKRNEWHNEXT

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

AxisBKRNEWHNEXT
Valuation 44 #27 of 47 10 #10 of 11 12 #31 of 35
Growth 67 #15 of 44 10 #10 of 11 0 #34 of 34
Profitability 75 #11 of 41 – 3 #33 of 34
Financial Health 49 #24 of 46 80 #3 of 11 6 #33 of 35
Shareholder Returns 42 #19 of 32 – 33 #21 of 31
Overall 55 33 11
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • NEWH ranked among 11 companies in Renewable Fuels
  • NEXT 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

PeriodBKRNEWHNEXTSPY
1 month -3.1%0.0%-4.0% -0.8%
3 months -7.6%+100.0%-2.0% +3.5%
6 months -18.1%-50.0%-13.0% +7.0%
Year to date +23.0%0.0%+19.5% +12.2%
1 year +18.4%-50.0%+8.1% +13.0%
3 years +60.9%+100.0%+44.8% +86.3%
3 years, per year +17.2%+26.0%+13.1% +23.1%
5 years +124.0%0.0%+72.6% +68.6%
5 years, per year +17.5%0.0%+11.5% +11.0%
10 years —-75.0%— +258.0%
10 years, per year —-12.9%— +13.6%

Risk

MeasureBKRNEWHNEXTSPY
Volatility, 1Y 33.2%274.5%60.4% 12.7%
Downside volatility, 1Y 34.2%857.0%62.7% 12.7%
Beta vs S&P 500, 1Y 0.68-0.10-0.71 1.00
Return / volatility, 1Y 0.55-0.180.13 1.02
Max drawdown, 5Y -47.2%-83.3%-60.0% -25.4%
From 52-week high -19.6%-50.0%-30.9% -1.8%
52-week high $69.67$0.04$9.12 $779.14
52-week low $44.47$0.01$4.80 $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.

MultipleBKRNEWHNEXT
P/E now vs peer median 17.9xmedian 25.5x -4.5xmedian 10.9x -4.7xmedian 21.0x
P/S now vs peer median 2.0xmedian 1.2x —median 1.2x —median 2.7x
EV/EBITDA now vs peer median 11.5xmedian 8.6x -4.5xmedian 14.0x -83.7xmedian 11.0x
P/FCF now vs peer median 17.8xmedian 14.7x -6.6xmedian 14.0x -0.3xmedian 16.6x
P/B now vs peer median 2.8xmedian 1.6x -6.2xmedian 1.2x 0.6xmedian 2.6x
PEG now vs peer median 0.45median 0.41 -0.17median 0.19 -3.83median 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 monthsBKRNEWHNEXT
Revenue $27.73B – –
Gross profit $6.58B – –
Operating income $3.59B -$3.49M -$227.43M
Net income $3.12B -$3.49M -$369.00M
Free cash flow $3.13B -$2.45M -$5.73B
R&D $569.00M $1.04M $11.44M
EPS (diluted) $3.11 $0.00 $-1.35
Cash & equivalents $15.73B $739.53K $83.68M
Total debt $16.25B – $31.55B
Shares (diluted) 997.00M 789.92M 265.39M
Enterprise value $21.69B $14.37M $1.13B

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
MetricBKRNEWHNEXT
P/E 17.9x -4.5x -4.7x
P/FCF 17.8x -6.6x -0.3x
P/Operating cash flow 12.5x -6.6x -7.4x
P/S 2.0x – –
P/B 2.8x -6.2x 0.6x
P/Tangible book 3.5x -6.1x 0.6x
EV/EBITDA 11.5x -4.5x -83.7x
EV/EBIT 15.7x -4.5x -52.8x
EV/Revenue 2.0x – –
EV/FCF 17.9x -6.3x -2.1x
EV/Operating cash flow 12.7x -6.3x -53.4x
PEG (3Y EPS CAGR) 0.45 -0.17 -3.83

Growth

14 metrics
MetricBKRNEWHNEXT
Revenue growth (1Y) 0.4% – –
Revenue CAGR (3Y) 6.0% – –
Gross profit growth (1Y) -0.9% – –
Gross profit CAGR (3Y) 5.8% – –
Operating income growth (1Y) 9.7% -73.9% -12.8%
Operating income CAGR (3Y) 23.9% 24.5% -35.6%
Net income growth (1Y) 1.3% -74.3% -62.2%
Net income CAGR (3Y) 39.1% 24.5% -25.8%
EPS growth (1Y) 1.0% -55.7% -70.1%
EPS CAGR (3Y) 39.9% 27.3% 1.2%
Operating cash flow growth (1Y) 29.7% -39.7% -54.5%
Operating cash flow CAGR (3Y) 16.4% -21.4% -52.1%
Free cash flow growth (1Y) 44.5% -39.7% -101.2%
Free cash flow CAGR (3Y) 21.8% -21.4% -238.3%

Profitability

14 metrics
MetricBKRNEWHNEXT
Gross margin 23.7% – –
EBITDA margin 17.6% – –
Operating margin 12.9% – –
Pretax margin 12.7% – –
Net margin 11.2% – –
FCF margin 11.3% – –
Operating cash flow margin 16.0% – –
Return on equity 15.8% – -14.3%
Return on assets 6.0% -439.4% -2.6%
Return on invested capital 8.9% – –
Return on capital employed 9.7% -443.1% -1.8%
Asset turnover 0.5x – –
Cash conversion (OCF / net income) 1.4x 0.7x 0.6x
Stock comp / revenue 0.7% – –

Financial Health

11 metrics
MetricBKRNEWHNEXT
Debt / assets 30.9% – 68.5%
Debt / equity 0.8x – 3.7x
Net debt / EBITDA 0.1x – -72.0x
Debt / FCF 5.2x – -1.8x
Liabilities / assets 61.8% 426.6% 81.5%
Equity / assets 38.2% -326.6% 18.5%
Interest coverage – – -0.8x
Current ratio 2.1x 123.3x 0.4x
Quick ratio 1.7x 114.7x 0.0x
Cash ratio 1.1x 114.7x 0.0x
Altman Z-score 2.10 – –

Shareholder Returns

7 metrics
MetricBKRNEWHNEXT
Dividend yield 1.6% – –
Net buyback yield – – 1.0%
Shareholder yield 1.6% – 1.0%
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.

ConsensusBKRNEWHNEXT
Forward P/E 22.1xFY2026 – –
EPS, next fiscal year $2.54FY2026 – $-2.37FY2026
EPS growth, next FY -2.3%FY2026 – –
EPS growth, the year after +10.6% – –
Revenue, next fiscal year $30.90BFY2026 – $0.00FY2026
Revenue growth, next FY +11.4%FY2026 – –
Revenue growth, the year after -1.5% – –

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKRNEWHNEXT
Held by institutions 97.2% – 40.9%
Institutions holding 1,148 – 207
Change in shares held, QoQ +5.2% – -2.2%
Institutions buying 576 – 133
Institutions selling 429 – 46
Buyers to sellers 1.34 – 2.89

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.

BKRNEWHNEXT
BKR 1.00 0.03 0.15
NEWH 0.03 1.00 0.04
NEXT 0.15 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BKR, NEWH and NEXT?

Baker Hughes (BKR) is the largest by market capitalisation: Baker Hughes (BKR) $58.59B, NewHydrogen (NEWH) $18.56M, NextDecade (NEXT) $1.71B.

Which stock has performed better?

Over the past year Baker Hughes (BKR) returned the most: Baker Hughes (BKR) +18.4%, NewHydrogen (NEWH) -50.0%, NextDecade (NEXT) +8.1%. Over five years, Baker Hughes (BKR) compounded fastest (Baker Hughes (BKR) +17.5%/yr, NewHydrogen (NEWH) 0.0%/yr, NextDecade (NEXT) +11.5%/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%, NewHydrogen (NEWH) 0.00%, NextDecade (NEXT) 0.00%. NewHydrogen (NEWH) and NextDecade (NEXT) 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%, NewHydrogen (NEWH) 274.5%, NextDecade (NEXT) 60.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BKR, NEWH and NEXT?

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.