BKR vs SLB vs NGL Stock Comparison

Baker Hughes, Slb and NGL Energy Partners Prices as of Oct 28, 2026 Peers: Industry group
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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
3 wins
SLB Slb Limited/Nv
$53.77 +4.5% 1M +49.9% 1Y
Market cap
$79.91B
P/E
25.8x
Revenue (TTM)
$36.89B
Div. yield
–
Oilfield Services Energy
4 wins
NGL NGL Energy Partners LP
$16.53 +11.0% 1M +156.7% 1Y
Market cap
$2.07B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
4 wins

Head to Head

11 decided of 12

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

QuestionBKRSLBNGLLeader
Larger companyMarket capitalisation $54.33B $79.91B $2.07B SLB
Cheaper on earningsLower P/E, profitable companies only 18.7x 25.8x -5.9x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.5x 21.3x 12.7x NGL
Faster revenue growthRevenue growth, trailing twelve months +3.7% +4.6% +5.8% NGL
More profitableNet margin, trailing twelve months 10.1% 8.4% -9.9% BKR
Better return on capitalReturn on invested capital 8.3% 9.3% 4.8% SLB
Less leveragedLower net debt / EBITDA 2.9x 1.2x 8.0x SLB
Higher dividend yieldTrailing dividend yield 0.02% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months +14.2% +49.9% +156.7% NGL
Better 5-year returnAnnualised price return, 5 years +16.9%/yr +10.8%/yr +48.4%/yr NGL
Less volatileAnnualised volatility, 1 year 34.4% 36.6% 51.5% BKR
Higher overall scoreMean of the five percentile scores vs peers 46/100 62/100 35/100 SLB

Percentile Scorecard

BKRSLBNGL

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

AxisBKRSLBNGL
Valuation 33 #32 of 47 35 #31 of 47 47 #19 of 35
Growth 64 #16 of 43 52 #21 of 43 6 #32 of 34
Profitability 74 #11 of 40 87 #6 of 40 12 #30 of 34
Financial Health 16 #38 of 45 52 #22 of 45 9 #32 of 35
Shareholder Returns 45 #18 of 32 84 #6 of 32 100 #1 of 31
Overall 46 62 35
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • NGL 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

PeriodBKRSLBNGLSPY
1 month -4.3%+4.5%+11.0% +0.9%
3 months -6.9%+9.8%+6.2% +5.9%
6 months -20.6%-3.5%+1.6% +8.5%
Year to date +20.0%+40.1%+65.3% +13.3%
1 year +14.2%+49.9%+156.7% +12.4%
3 years +57.0%-3.7%+299.3% +88.1%
3 years, per year +16.2%-1.2%+58.7% +23.5%
5 years +117.9%+66.7%+618.7% +68.2%
5 years, per year +16.9%+10.8%+48.4% +11.0%
10 years —-32.1%-11.1% +263.4%
10 years, per year —-3.8%-1.2% +13.8%

Risk

MeasureBKRSLBNGLSPY
Volatility, 1Y 34.4%36.6%51.5% 12.7%
Downside volatility, 1Y 35.9%33.4%43.1% 12.7%
Beta vs S&P 500, 1Y 0.680.740.37 1.00
Return / volatility, 1Y 0.411.363.04 0.98
Max drawdown, 5Y -47.2%-48.9%-61.5% -25.4%
From 52-week high -21.5%-10.6%-12.9% -0.9%
52-week high $69.67$60.12$18.98 $779.14
52-week low $44.47$35.19$6.40 $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.

MultipleBKRSLBNGL
P/E now vs peer median 18.7xmedian 28.7x 25.7xmedian 28.7x -5.9xmedian 19.6x
P/S now vs peer median 1.9xmedian 1.3x 2.2xmedian 1.3x 0.6xmedian 2.7x
EV/EBITDA now vs peer median 13.8xmedian 8.7x 11.9xmedian 8.7x 13.1xmedian 10.9x
P/FCF now vs peer median 16.8xmedian 16.3x 17.4xmedian 16.3x 20.3xmedian 16.6x
P/B now vs peer median 2.6xmedian 1.7x 2.9xmedian 1.7x -8.7xmedian 2.5x
PEG now vs peer median 0.91median 0.51 -2.46median 0.51 0.09median 1.72

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 monthsBKRSLBNGL
Revenue $28.74B $36.89B $3.52B
Gross profit $6.83B $6.02B $1.04B
Operating income $3.43B $4.64B $142.60M
Net income $2.93B $3.16B -$131.86M
Free cash flow $3.23B $4.56B $101.88M
R&D $573.00M $678.00M –
EPS (diluted) $2.90 $2.07 $-2.73
Cash & equivalents $4.07B $2.62B $5.07M
Total debt $18.26B $12.80B $3.28B
Shares (diluted) 998.00M 1.50B 128.09M
Enterprise value $16.05B $76.36B $2.04B

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
MetricBKRSLBNGL
P/E 18.7x 25.7x -5.9x
P/FCF 16.8x 17.4x 20.3x
P/Operating cash flow 12.0x 12.5x 5.0x
P/S 1.9x 2.2x 0.6x
P/B 2.6x 2.9x -8.7x
P/Tangible book 5.0x 3.6x -2.0x
EV/EBITDA 13.8x 11.9x 13.1x
EV/EBIT 20.0x 19.1x 37.4x
EV/Revenue 2.4x 2.4x 1.5x
EV/FCF 21.2x 19.4x 52.4x
EV/Operating cash flow 15.2x 13.9x 13.0x
PEG (3Y EPS CAGR) 0.91 -2.46 0.09

Growth

14 metrics
MetricBKRSLBNGL
Revenue growth (1Y) 3.7% 4.6% 5.8%
Revenue CAGR (3Y) 5.4% 4.8% -4.9%
Gross profit growth (1Y) 3.2% -10.6% 6.0%
Gross profit CAGR (3Y) 5.8% -1.7% 2.3%
Operating income growth (1Y) 3.8% -10.6% -58.6%
Operating income CAGR (3Y) 13.8% -4.1% -14.6%
Net income growth (1Y) 0.0% -16.3% -228.9%
Net income CAGR (3Y) 19.9% -9.2% -67.4%
EPS growth (1Y) -0.4% -15.5% -560.3%
EPS CAGR (3Y) 20.5% -10.4% -63.2%
Operating cash flow growth (1Y) 35.2% 8.3% 8.1%
Operating cash flow CAGR (3Y) 14.2% 6.8% -6.3%
Free cash flow growth (1Y) 54.5% 11.5% -39.9%
Free cash flow CAGR (3Y) 19.5% 18.7% -34.1%

Profitability

14 metrics
MetricBKRSLBNGL
Gross margin 23.8% 16.3% 29.5%
EBITDA margin 17.2% 20.2% 11.6%
Operating margin 11.9% 12.6% 4.0%
Pretax margin 11.2% 10.7% -3.7%
Net margin 10.1% 8.4% -9.9%
FCF margin 11.2% 12.4% 2.9%
Operating cash flow margin 15.7% 17.2% 11.6%
Return on equity 14.4% 11.6% –
Return on assets 5.2% 5.6% -3.1%
Return on invested capital 8.3% 9.3% 4.8%
Return on capital employed 8.9% 11.3% 4.0%
Asset turnover 0.5x 0.7x 0.8x
Cash conversion (OCF / net income) 1.5x 2.0x -3.1x
Stock comp / revenue 0.7% 0.9% 0.1%

Financial Health

11 metrics
MetricBKRSLBNGL
Debt / assets 30.9% 22.8% 78.4%
Debt / equity 0.9x 0.5x -13.8x
Net debt / EBITDA 2.9x 1.2x 8.0x
Debt / FCF 5.7x 2.8x 32.2x
Liabilities / assets 65.2% 51.6% 105.7%
Equity / assets 34.8% 48.4% -5.7%
Interest coverage – 9.2x 0.6x
Current ratio 1.2x 1.4x 1.1x
Quick ratio 0.8x 0.9x 1.0x
Cash ratio 0.2x 0.2x 0.0x
Altman Z-score 1.58 3.17 –

Shareholder Returns

7 metrics
MetricBKRSLBNGL
Dividend yield 1.7% 2.2% –
Net buyback yield – 1.8% 17.5%
Shareholder yield 1.7% 3.9% 17.5%
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.

ConsensusBKRSLBNGL
Forward P/E 21.5xFY2026 21.3xFY2026 12.7xFY2026
EPS, next fiscal year $2.54FY2026 $2.52FY2026 $1.30FY2026
EPS growth, next FY -2.3%FY2026 -14.0%FY2026 –
EPS growth, the year after +10.6% +17.1% +31.5%
Revenue, next fiscal year $30.90BFY2026 $38.38BFY2026 $3.82BFY2026
Revenue growth, next FY +11.4%FY2026 +7.5%FY2026 +21.0%FY2026
Revenue growth, the year after -1.5% +0.5% -6.2%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersBKRSLBNGL
Held by institutions 97.3% 89.8% 60.3%
Institutions holding 1,148 1,699 88
Change in shares held, QoQ +5.2% +1.6% +3.5%
Institutions buying 576 784 25
Institutions selling 429 663 29
Buyers to sellers 1.34 1.18 0.86

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.

BKRSLBNGL
BKR 1.00 0.66 0.22
SLB 0.66 1.00 0.20
NGL 0.22 0.20 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, BKR, SLB and NGL?

Slb (SLB) is the largest by market capitalisation: Baker Hughes (BKR) $54.33B, Slb (SLB) $79.91B, NGL Energy Partners (NGL) $2.07B.

Which stock is cheaper, BKR, SLB and NGL?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Baker Hughes (BKR) 18.7x, Slb (SLB) 25.8x, NGL Energy Partners (NGL) -5.9x). On next year's consensus earnings, NGL Energy Partners (NGL) is cheapest (Baker Hughes (BKR) 21.5x, Slb (SLB) 21.3x, NGL Energy Partners (NGL) 12.7x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

NGL Energy Partners (NGL) grew revenue fastest over the trailing twelve months: Baker Hughes (BKR) +3.7%, Slb (SLB) +4.6%, NGL Energy Partners (NGL) +5.8%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Baker Hughes (BKR) 10.1%, Slb (SLB) 8.4%, NGL Energy Partners (NGL) -9.9%). On return on invested capital, Slb (SLB) leads (Baker Hughes (BKR) 8.3%, Slb (SLB) 9.3%, NGL Energy Partners (NGL) 4.8%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: Baker Hughes (BKR) +14.2%, Slb (SLB) +49.9%, NGL Energy Partners (NGL) +156.7%. Over five years, NGL Energy Partners (NGL) compounded fastest (Baker Hughes (BKR) +16.9%/yr, Slb (SLB) +10.8%/yr, NGL Energy Partners (NGL) +48.4%/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%, Slb (SLB) 0.00%, NGL Energy Partners (NGL) 0.00%. Slb (SLB) and NGL Energy Partners (NGL) 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%, Slb (SLB) 36.6%, NGL Energy Partners (NGL) 51.5%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, BKR, SLB and NGL?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Slb (SLB) leads on 4. 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.