FLOC vs NESR vs SLB Stock Comparison

Flowco Holdings, National Energy Services Reunited and Slb Prices as of Oct 26, 2026 Peers: Industry group
FLOC Flowco Holdings Inc.
$19.70 +2.8% 1M +25.2% 1Y
Market cap
$1.78B
P/E
17.0x
Revenue (TTM)
$819.54M
Div. yield
2.44%
Oilfield Equipment Energy
4 wins
SLB Slb Limited/Nv
$53.10 +3.0% 1M +48.2% 1Y
Market cap
$78.81B
P/E
25.5x
Revenue (TTM)
$36.37B
Div. yield
2.18%
Oilfield Services Energy
3 wins

Head to Head

12 decided of 12

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

QuestionFLOCNESRSLBLeader
Larger companyMarket capitalisation $1.78B $2.05B $78.81B SLB
Cheaper on earningsLower P/E, profitable companies only 17.0x 21.9x 25.5x FLOC
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.9x 13.3x 21.2x FLOC
Faster revenue growthRevenue growth, trailing twelve months +7.7% +23.5% +2.5% NESR
More profitableNet margin, trailing twelve months 6.1% 5.8% 8.5% SLB
Better return on capitalReturn on invested capital 23.0% 8.9% 9.5% FLOC
Less leveragedLower net debt / EBITDA 0.9x 0.5x 1.2x NESR
Higher dividend yieldTrailing dividend yield 2.44% — 2.18% FLOC
Better 1-year returnPrice return, last 12 months +25.2% +63.3% +48.2% NESR
Better 5-year returnAnnualised price return, 5 years — +11.0%/yr +10.3%/yr NESR
Less volatileAnnualised volatility, 1 year 45.7% 59.7% 36.7% SLB
Higher overall scoreMean of the five percentile scores vs peers 67/100 81/100 57/100 NESR

Percentile Scorecard

FLOCNESRSLB

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

AxisFLOCNESRSLB
Valuation 72 #14 of 47 85 #8 of 47 26 #35 of 47
Growth 74 #12 of 44 100 #1 of 44 44 #25 of 44
Profitability 95 #3 of 41 83 #8 of 41 80 #9 of 41
Financial Health 40 #28 of 46 58 #20 of 46 56 #21 of 46
Shareholder Returns 52 #16 of 32 – 77 #8 of 32
Overall 67 81 57
  • FLOC ranked among 48 companies in Oilfield Services and Equipment
  • NESR ranked among 48 companies in Oilfield Services and Equipment
  • SLB 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

PeriodFLOCNESRSLBSPY
1 month +2.8%-36.9%+3.0% -0.8%
3 months +3.2%-24.5%+3.0% +3.5%
6 months -17.7%-18.3%-3.9% +7.0%
Year to date +5.1%+29.5%+38.4% +12.2%
1 year +25.2%+63.3%+48.2% +13.0%
3 years —+255.8%-4.9% +86.3%
3 years, per year —+52.7%-1.7% +23.1%
5 years —+68.6%+63.2% +68.6%
5 years, per year —+11.0%+10.3% +11.0%
10 years ——-33.6% +258.0%
10 years, per year ——-4.0% +13.6%

Risk

MeasureFLOCNESRSLBSPY
Volatility, 1Y 45.7%59.7%36.7% 12.7%
Downside volatility, 1Y 49.2%52.3%33.4% 12.7%
Beta vs S&P 500, 1Y 0.811.690.73 1.00
Return / volatility, 1Y 0.551.061.31 1.02
Max drawdown, 5Y -52.9%-79.4%-48.9% -25.4%
From 52-week high -29.9%-44.1%-11.7% -1.8%
52-week high $28.09$36.31$60.12 $779.14
52-week low $15.61$12.31$35.19 $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.

MultipleFLOCNESRSLB
P/E now vs peer median 17.0xmedian 25.5x 21.9xmedian 25.5x 25.5xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 1.3xmedian 1.2x 2.2xmedian 1.2x
EV/EBITDA now vs peer median 6.4xmedian 8.6x 7.5xmedian 8.6x 11.8xmedian 8.6x
P/FCF now vs peer median 13.1xmedian 14.7x 13.1xmedian 14.7x 16.4xmedian 14.7x
P/B now vs peer median 4.9xmedian 1.6x 2.0xmedian 1.6x 2.9xmedian 1.6x
PEG now vs peer median —median 0.41 0.47median 0.41 -2.84median 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 monthsFLOCNESRSLB
Revenue $819.54M $1.62B $36.37B
Gross profit $186.03M $216.51M $6.01B
Operating income $154.08M $151.16M $4.68B
Net income $135.66M $93.38M $3.15B
Free cash flow $136.24M $156.33M $4.81B
R&D – – $692.00M
EPS (diluted) $1.13 $0.90 $2.06
Cash & equivalents $19.19M $174.99M $2.74B
Total debt $298.41M $325.04M $12.80B
Shares (diluted) 43.97M 103.22M 1.51B
Enterprise value $2.73B $1.58B $75.92B

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
MetricFLOCNESRSLB
P/E 17.0x 21.9x 25.5x
P/FCF 13.1x 13.1x 16.4x
P/Operating cash flow 5.2x 5.8x 12.1x
P/S 2.2x 1.3x 2.2x
P/B 4.9x 2.0x 2.9x
P/Tangible book 30.3x 2.0x 3.5x
EV/EBITDA 6.4x 7.5x 11.8x
EV/EBIT 13.4x 14.5x 18.7x
EV/Revenue 2.5x 1.4x 2.4x
EV/FCF 15.1x 14.0x 18.2x
EV/Operating cash flow 6.0x 6.3x 13.4x
PEG (3Y EPS CAGR) – 0.47 -2.84

Growth

14 metrics
MetricFLOCNESRSLB
Revenue growth (1Y) 7.7% 23.5% 2.5%
Revenue CAGR (3Y) – 19.7% 5.3%
Gross profit growth (1Y) 18.1% 11.6% -15.3%
Gross profit CAGR (3Y) – 305.8% -0.2%
Operating income growth (1Y) 10.6% 19.0% -16.5%
Operating income CAGR (3Y) – 77.5% -2.2%
Net income growth (1Y) 39.3% 27.8% -25.2%
Net income CAGR (3Y) – 48.3% -7.6%
EPS growth (1Y) -45.8% 20.9% -31.3%
EPS CAGR (3Y) – 46.4% -9.0%
Operating cash flow growth (1Y) 35.3% 48.3% -1.6%
Operating cash flow CAGR (3Y) – – 8.5%
Free cash flow growth (1Y) 13.2% -12.4% 0.1%
Free cash flow CAGR (3Y) – – 21.2%

Profitability

14 metrics
MetricFLOCNESRSLB
Gross margin 22.7% 13.4% 16.5%
EBITDA margin 39.5% 18.0% 20.5%
Operating margin 18.8% 9.3% 12.9%
Pretax margin 16.7% 7.2% 10.8%
Net margin 6.1% 5.8% 8.5%
FCF margin 16.6% 9.7% 13.2%
Operating cash flow margin 41.9% 21.6% 18.0%
Return on equity 38.7% 9.2% 11.5%
Return on assets 7.1% 4.6% 5.7%
Return on invested capital 23.0% 8.9% 9.5%
Return on capital employed 8.7% 12.5% 11.4%
Asset turnover 0.4x 0.8x 0.7x
Cash conversion (OCF / net income) 2.5x 3.7x 2.1x
Stock comp / revenue 1.1% 0.6% 0.9%

Financial Health

11 metrics
MetricFLOCNESRSLB
Debt / assets 15.5% 15.5% 23.0%
Debt / equity 0.8x 0.3x 0.5x
Net debt / EBITDA 0.9x 0.5x 1.2x
Debt / FCF 2.2x 2.1x 2.7x
Liabilities / assets 81.0% 50.3% 50.9%
Equity / assets 19.0% 49.7% 49.1%
Interest coverage 9.0x 5.2x 9.1x
Current ratio 2.7x 1.0x 1.4x
Quick ratio 1.2x 0.7x 0.9x
Cash ratio 0.1x 0.2x 0.3x
Altman Z-score 1.54 2.27 3.21

Shareholder Returns

7 metrics
MetricFLOCNESRSLB
Dividend yield 2.4% – 2.2%
Net buyback yield 1.8% – 1.1%
Shareholder yield 4.2% – 3.3%
Payout ratio (earnings) 25.7% – –
Payout ratio (FCF) 25.5% – –
Dividend growth (1Y) -84.1% – –
Dividend CAGR (3Y) – – –

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.

ConsensusFLOCNESRSLB
Forward P/E 12.9xFY2026 13.3xFY2026 21.2xFY2026
EPS, next fiscal year $1.53FY2026 $1.53FY2026 $2.51FY2026
EPS growth, next FY +7.0%FY2026 +84.3%FY2026 -14.3%FY2026
EPS growth, the year after +2.6% +81.7% +20.3%
Revenue, next fiscal year $892.01MFY2026 $1.86BFY2026 $38.17BFY2026
Revenue growth, next FY +17.4%FY2026 +41.3%FY2026 +6.9%FY2026
Revenue growth, the year after +26.5% +29.2% +0.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersFLOCNESRSLB
Held by institutions 97.3% 69.5% 89.8%
Institutions holding 151 224 1,698
Change in shares held, QoQ +19.3% +13.2% +1.6%
Institutions buying 102 143 783
Institutions selling 33 66 663
Buyers to sellers 3.09 2.17 1.18

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.

FLOCNESRSLB
FLOC 1.00 0.29 0.37
NESR 0.29 1.00 0.47
SLB 0.37 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, FLOC, NESR and SLB?

Slb (SLB) is the largest by market capitalisation: Flowco Holdings (FLOC) $1.78B, National Energy Services Reunited (NESR) $2.05B, Slb (SLB) $78.81B.

Which stock is cheaper, FLOC, NESR and SLB?

Flowco Holdings (FLOC) trades on the lowest price-to-earnings ratio (Flowco Holdings (FLOC) 17.0x, National Energy Services Reunited (NESR) 21.9x, Slb (SLB) 25.5x). On next year's consensus earnings, Flowco Holdings (FLOC) is cheapest (Flowco Holdings (FLOC) 12.9x, National Energy Services Reunited (NESR) 13.3x, Slb (SLB) 21.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

National Energy Services Reunited (NESR) grew revenue fastest over the trailing twelve months: Flowco Holdings (FLOC) +7.7%, National Energy Services Reunited (NESR) +23.5%, Slb (SLB) +2.5%.

Which company is more profitable?

Slb (SLB) has the highest net margin (Flowco Holdings (FLOC) 6.1%, National Energy Services Reunited (NESR) 5.8%, Slb (SLB) 8.5%). On return on invested capital, Flowco Holdings (FLOC) leads (Flowco Holdings (FLOC) 23.0%, National Energy Services Reunited (NESR) 8.9%, Slb (SLB) 9.5%).

Which stock has performed better?

Over the past year National Energy Services Reunited (NESR) returned the most: Flowco Holdings (FLOC) +25.2%, National Energy Services Reunited (NESR) +63.3%, Slb (SLB) +48.2%. Over five years, National Energy Services Reunited (NESR) compounded fastest (National Energy Services Reunited (NESR) +11.0%/yr, Slb (SLB) +10.3%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Flowco Holdings (FLOC) has the highest dividend yield: Flowco Holdings (FLOC) 2.44%, Slb (SLB) 2.18%. National Energy Services Reunited (NESR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Slb (SLB) has been the steadiest (Flowco Holdings (FLOC) 45.7%, National Energy Services Reunited (NESR) 59.7%, Slb (SLB) 36.7%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, FLOC, NESR and SLB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, National Energy Services Reunited (NESR) 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.