NEWH vs NEXT vs BKR Stock Comparison

NewHydrogen, NextDecade and Baker Hughes Prices as of Oct 26, 2026 Peers: Industry group
NEWH NewHydrogen, Inc.
$0.02 0.0% 1M -50.0% 1Y
Market cap
$18.96M
P/E
–
Revenue (TTM)
—
Div. yield
–
Hydrogen Energy
NEXT NextDecade Corp
$6.30 -4.0% 1M +8.1% 1Y
Market cap
$1.69B
P/E
–
Revenue (TTM)
—
Div. yield
–
LNG and Gas Processing Energy
1 win
BKR Baker Hughes Co
$56.01 -3.1% 1M +18.4% 1Y
Market cap
$56.35B
P/E
18.2x
Revenue (TTM)
$27.73B
Div. yield
0.02%
Oilfield Services Energy
5 wins

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.

QuestionNEWHNEXTBKRLeader
Larger companyMarket capitalisation $18.96M $1.69B $56.35B BKR
Cheaper on earningsLower P/E, profitable companies only -5.4x -4.7x 18.2x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — — 22.4x –
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 — -72.0x 0.1x NEXT
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months -50.0% +8.1% +18.4% BKR
Better 5-year returnAnnualised price return, 5 years 0.0%/yr +11.5%/yr +17.5%/yr BKR
Less volatileAnnualised volatility, 1 year 274.5% 60.4% 33.2% BKR
Higher overall scoreMean of the five percentile scores vs peers 33/100 11/100 55/100 BKR

Percentile Scorecard

NEWHNEXTBKR

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

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

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

Risk

MeasureNEWHNEXTBKRSPY
Volatility, 1Y 274.5%60.4%33.2% 12.7%
Downside volatility, 1Y 857.0%62.7%34.2% 12.7%
Beta vs S&P 500, 1Y -0.10-0.710.68 1.00
Return / volatility, 1Y -0.180.130.55 1.02
Max drawdown, 5Y -83.3%-60.0%-47.2% -25.4%
From 52-week high -50.0%-30.9%-19.6% -1.8%
52-week high $0.04$9.12$69.67 $779.14
52-week low $0.01$4.80$44.47 $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.

MultipleNEWHNEXTBKR
P/E now vs peer median -4.5xmedian 10.9x -4.7xmedian 21.0x 17.9xmedian 25.5x
P/S now vs peer median —median 1.2x —median 2.7x 2.0xmedian 1.2x
EV/EBITDA now vs peer median -4.5xmedian 14.0x -83.7xmedian 11.0x 11.5xmedian 8.6x
P/FCF now vs peer median -6.6xmedian 14.0x -0.3xmedian 16.6x 17.8xmedian 14.7x
P/B now vs peer median -6.2xmedian 1.2x 0.6xmedian 2.6x 2.8xmedian 1.6x
PEG now vs peer median -0.17median 0.19 -3.83median 1.92 0.45median 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 monthsNEWHNEXTBKR
Revenue – – $27.73B
Gross profit – – $6.58B
Operating income -$3.49M -$227.43M $3.59B
Net income -$3.49M -$369.00M $3.12B
Free cash flow -$2.45M -$5.73B $3.13B
R&D $1.04M $11.44M $569.00M
EPS (diluted) $0.00 $-1.35 $3.11
Cash & equivalents $739.53K $83.68M $15.73B
Total debt – $31.55B $16.25B
Shares (diluted) 789.92M 265.39M 997.00M
Enterprise value $14.76M $1.11B $19.45B

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

Growth

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

Profitability

14 metrics
MetricNEWHNEXTBKR
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 – -14.3% 15.8%
Return on assets -439.4% -2.6% 6.0%
Return on invested capital – – 8.9%
Return on capital employed -443.1% -1.8% 9.7%
Asset turnover – – 0.5x
Cash conversion (OCF / net income) 0.7x 0.6x 1.4x
Stock comp / revenue – – 0.7%

Financial Health

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

Shareholder Returns

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

ConsensusNEWHNEXTBKR
Forward P/E – – 22.4xFY2026
EPS, next fiscal year – $-2.37FY2026 $2.50FY2026
EPS growth, next FY – – -3.8%FY2026
EPS growth, the year after – – +12.0%
Revenue, next fiscal year – $0.00FY2026 $30.78BFY2026
Revenue growth, next FY – – +11.0%FY2026
Revenue growth, the year after – – -2.3%

Institutional Ownership

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

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.

NEWHNEXTBKR
NEWH 1.00 0.04 0.02
NEXT 0.04 1.00 0.15
BKR 0.02 0.15 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NEWH, NEXT and BKR?

Baker Hughes (BKR) is the largest by market capitalisation: NewHydrogen (NEWH) $18.96M, NextDecade (NEXT) $1.69B, Baker Hughes (BKR) $56.35B.

Which stock has performed better?

Over the past year Baker Hughes (BKR) returned the most: NewHydrogen (NEWH) -50.0%, NextDecade (NEXT) +8.1%, Baker Hughes (BKR) +18.4%. Over five years, Baker Hughes (BKR) compounded fastest (NewHydrogen (NEWH) 0.0%/yr, NextDecade (NEXT) +11.5%/yr, Baker Hughes (BKR) +17.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: NewHydrogen (NEWH) 0.00%, NextDecade (NEXT) 0.00%, Baker Hughes (BKR) 0.02%. 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 (NewHydrogen (NEWH) 274.5%, NextDecade (NEXT) 60.4%, Baker Hughes (BKR) 33.2%). Volatility measures how widely the price swings, not the risk of the business.

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

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.