PNR vs FLS vs BKR Stock Comparison

Pentair, Flowserve and Baker Hughes Prices as of Oct 26, 2026 Peers: Industry group
PNR PENTAIR plc
$55.24 +2.9% 1M -49.7% 1Y
Market cap
$8.82B
P/E
13.6x
Revenue (TTM)
$4.01B
Div. yield
1.96%
Pumps and Valves Industrials
6 wins
FLS Flowserve Corp
$69.54 -5.8% 1M +30.2% 1Y
Market cap
$8.84B
P/E
23.9x
Revenue (TTM)
$4.63B
Div. yield
1.25%
Pumps and Valves Industrials
1 win
BKR Baker Hughes Co
$56.01 -3.1% 1M +18.4% 1Y
Market cap
$55.60B
P/E
17.9x
Revenue (TTM)
$27.73B
Div. yield
1.64%
Oilfield Services Energy
5 wins

Head to Head

12 decided of 12

Pentair leads on 6 of the 12 questions below (Pentair 6, Baker Hughes 5, Flowserve 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionPNRFLSBKRLeader
Larger companyMarket capitalisation $8.82B $8.84B $55.60B BKR
Cheaper on earningsLower P/E, profitable companies only 13.6x 23.9x 17.9x PNR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 12.1x 16.0x 22.4x PNR
Faster revenue growthRevenue growth, trailing twelve months -2.1% -0.3% +0.4% BKR
More profitableNet margin, trailing twelve months 16.2% 8.0% 11.2% PNR
Better return on capitalReturn on invested capital 12.6% 6.6% 8.9% PNR
Less leveragedLower net debt / EBITDA 1.6x 2.9x 0.1x BKR
Higher dividend yieldTrailing dividend yield 1.96% 1.25% 1.64% PNR
Better 1-year returnPrice return, last 12 months -49.7% +30.2% +18.4% FLS
Better 5-year returnAnnualised price return, 5 years -5.5%/yr +14.1%/yr +17.5%/yr BKR
Less volatileAnnualised volatility, 1 year 34.0% 48.9% 33.2% BKR
Higher overall scoreMean of the five percentile scores vs peers 69/100 64/100 50/100 PNR

Percentile Scorecard

PNRFLSBKR

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

AxisPNRFLSBKR
Valuation 82 #13 of 67 56 #30 of 67 38 #11 of 17
Growth 51 #27 of 54 79 #12 of 54 54 #7 of 14
Profitability 85 #9 of 53 71 #16 of 53 70 #4 of 11
Financial Health 43 #47 of 82 40 #50 of 82 40 #10 of 16
Shareholder Returns 87 #6 of 39 74 #11 of 39 –
Overall 69 64 50
  • PNR ranked among 82 companies in Machinery
  • FLS ranked among 82 companies in Machinery
  • BKR ranked among 18 companies in Oilfield Services and Equipment

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodPNRFLSBKRSPY
1 month +2.9%-5.8%-3.1% -0.8%
3 months -12.5%-4.3%-7.6% +3.5%
6 months -40.1%-20.9%-18.1% +7.0%
Year to date -47.0%+0.2%+23.0% +12.2%
1 year -49.7%+30.2%+18.4% +13.0%
3 years -4.2%+94.0%+60.9% +86.3%
3 years, per year -1.4%+24.7%+17.2% +23.1%
5 years -24.7%+93.1%+124.0% +68.6%
5 years, per year -5.5%+14.1%+17.5% +11.0%
10 years -0.3%+58.9%— +258.0%
10 years, per year 0.0%+4.7%— +13.6%

Risk

MeasurePNRFLSBKRSPY
Volatility, 1Y 34.0%48.9%33.2% 12.7%
Downside volatility, 1Y 40.2%42.0%34.2% 12.7%
Beta vs S&P 500, 1Y 0.901.760.68 1.00
Return / volatility, 1Y -1.460.620.55 1.02
Max drawdown, 5Y -53.7%-39.0%-47.2% -25.4%
From 52-week high -49.4%-24.4%-19.6% -1.8%
52-week high $109.13$92.04$69.67 $779.14
52-week low $52.11$52.66$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.

MultiplePNRFLSBKR
P/E now vs peer median 13.6xmedian 22.6x 23.9xmedian 22.6x 17.9xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.9x 1.9xmedian 1.9x 2.0xmedian 1.1x
EV/EBITDA now vs peer median 11.1xmedian 13.4x 21.0xmedian 13.4x 11.5xmedian 7.0x
P/FCF now vs peer median 13.1xmedian 20.5x 21.5xmedian 20.5x 17.8xmedian 13.1x
P/B now vs peer median 2.4xmedian 1.4x 3.8xmedian 1.4x 2.8xmedian 1.7x
PEG now vs peer median 1.27median 0.76 1.40median 0.76 0.45median 0.47

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 monthsPNRFLSBKR
Revenue $4.01B $4.63B $27.73B
Gross profit $1.66B $1.57B $6.58B
Operating income $813.20M $392.30M $3.59B
Net income $651.40M $390.08M $3.12B
Free cash flow $673.00M $411.44M $3.13B
R&D $95.40M – $569.00M
EPS (diluted) $4.03 $2.89 $3.11
Cash & equivalents $91.80M $731.01M $15.73B
Total debt $1.61B $2.14B $16.25B
Shares (diluted) 161.60M 128.36M 997.00M
Enterprise value $8.43B $5.79B $18.88B

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
MetricPNRFLSBKR
P/E 13.6x 23.9x 17.9x
P/FCF 13.1x 21.5x 17.8x
P/Operating cash flow 11.7x 18.1x 12.5x
P/S 2.2x 1.9x 2.0x
P/B 2.4x 3.8x 2.8x
P/Tangible book 3.3x 4.5x 3.5x
EV/EBITDA 11.1x 21.0x 11.5x
EV/EBIT 12.7x 26.1x 15.7x
EV/Revenue 2.6x 2.2x 2.0x
EV/FCF 15.4x 24.9x 17.9x
EV/Operating cash flow 13.7x 21.0x 12.7x
PEG (3Y EPS CAGR) 1.27 1.40 0.45

Growth

14 metrics
MetricPNRFLSBKR
Revenue growth (1Y) -2.1% -0.3% 0.4%
Revenue CAGR (3Y) -1.3% 5.3% 6.0%
Gross profit growth (1Y) 1.7% 4.3% -0.9%
Gross profit CAGR (3Y) 4.5% 10.8% 5.8%
Operating income growth (1Y) 2.2% -22.5% 9.7%
Operating income CAGR (3Y) 7.7% 11.5% 23.9%
Net income growth (1Y) 6.9% 24.0% 1.3%
Net income CAGR (3Y) 9.7% 15.9% 39.1%
EPS growth (1Y) 9.6% 30.5% 1.0%
EPS CAGR (3Y) 10.7% 17.1% 39.9%
Operating cash flow growth (1Y) -16.8% 1.6% 29.7%
Operating cash flow CAGR (3Y) 12.5% 81.4% 16.4%
Free cash flow growth (1Y) -19.6% 3.1% 44.5%
Free cash flow CAGR (3Y) 14.6% 348.1% 21.8%

Profitability

14 metrics
MetricPNRFLSBKR
Gross margin 41.3% 33.9% 23.7%
EBITDA margin 23.3% 10.5% 17.6%
Operating margin 20.3% 8.5% 12.9%
Pretax margin 18.4% 11.9% 12.7%
Net margin 16.2% 8.0% 11.2%
FCF margin 16.8% 8.9% 11.3%
Operating cash flow margin 18.7% 10.5% 16.0%
Return on equity 17.2% 16.9% 15.8%
Return on assets 9.5% 6.5% 6.0%
Return on invested capital 12.6% 6.6% 8.9%
Return on capital employed 13.7% 8.6% 9.7%
Asset turnover 0.6x 0.8x 0.5x
Cash conversion (OCF / net income) 1.2x 1.3x 1.4x
Stock comp / revenue 0.9% 0.9% 0.7%

Financial Health

11 metrics
MetricPNRFLSBKR
Debt / assets 23.9% 33.8% 30.9%
Debt / equity 0.4x 0.9x 0.8x
Net debt / EBITDA 1.6x 2.9x 0.1x
Debt / FCF 2.4x 5.2x 5.2x
Liabilities / assets 44.1% 63.2% 61.8%
Equity / assets 55.9% 36.8% 38.2%
Interest coverage – 4.6x –
Current ratio 1.5x 2.2x 2.1x
Quick ratio 0.7x 1.2x 1.7x
Cash ratio 0.1x 0.5x 1.1x
Altman Z-score 3.49 3.55 2.10

Shareholder Returns

7 metrics
MetricPNRFLSBKR
Dividend yield 2.0% 1.3% 1.6%
Net buyback yield 5.1% 2.6% –
Shareholder yield 7.0% 3.8% 1.6%
Payout ratio (earnings) 26.0% – 29.1%
Payout ratio (FCF) 25.2% – 29.1%
Dividend growth (1Y) 6.9% – 4.2%
Dividend CAGR (3Y) 6.2% – 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.

ConsensusPNRFLSBKR
Forward P/E 12.1xFY2026 16.0xFY2026 22.4xFY2026
EPS, next fiscal year $4.55FY2026 $4.34FY2026 $2.50FY2026
EPS growth, next FY -7.5%FY2026 +19.2%FY2026 -3.8%FY2026
EPS growth, the year after +17.6% +12.0% +12.0%
Revenue, next fiscal year $3.86BFY2026 $4.72BFY2026 $30.78BFY2026
Revenue growth, next FY -7.5%FY2026 -0.1%FY2026 +11.0%FY2026
Revenue growth, the year after +10.0% +5.3% -2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersPNRFLSBKR
Held by institutions 95.0% 100.0% 97.2%
Institutions holding 719 584 1,148
Change in shares held, QoQ -0.1% +14.6% +5.2%
Institutions buying 353 299 576
Institutions selling 256 201 429
Buyers to sellers 1.38 1.49 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.

PNRFLSBKR
PNR 1.00 0.24 0.11
FLS 0.24 1.00 0.27
BKR 0.11 0.27 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, PNR, FLS and BKR?

Baker Hughes (BKR) is the largest by market capitalisation: Pentair (PNR) $8.82B, Flowserve (FLS) $8.84B, Baker Hughes (BKR) $55.60B.

Which stock is cheaper, PNR, FLS and BKR?

Pentair (PNR) trades on the lowest price-to-earnings ratio (Pentair (PNR) 13.6x, Flowserve (FLS) 23.9x, Baker Hughes (BKR) 17.9x). On next year's consensus earnings, Pentair (PNR) is cheapest (Pentair (PNR) 12.1x, Flowserve (FLS) 16.0x, Baker Hughes (BKR) 22.4x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Baker Hughes (BKR) grew revenue fastest over the trailing twelve months: Pentair (PNR) -2.1%, Flowserve (FLS) -0.3%, Baker Hughes (BKR) +0.4%.

Which company is more profitable?

Pentair (PNR) has the highest net margin (Pentair (PNR) 16.2%, Flowserve (FLS) 8.0%, Baker Hughes (BKR) 11.2%). On return on invested capital, Pentair (PNR) leads (Pentair (PNR) 12.6%, Flowserve (FLS) 6.6%, Baker Hughes (BKR) 8.9%).

Which stock has performed better?

Over the past year Flowserve (FLS) returned the most: Pentair (PNR) -49.7%, Flowserve (FLS) +30.2%, Baker Hughes (BKR) +18.4%. Over five years, Baker Hughes (BKR) compounded fastest (Pentair (PNR) -5.5%/yr, Flowserve (FLS) +14.1%/yr, Baker Hughes (BKR) +17.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Pentair (PNR) has the highest dividend yield: Pentair (PNR) 1.96%, Flowserve (FLS) 1.25%, Baker Hughes (BKR) 1.64%.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Pentair (PNR) 34.0%, Flowserve (FLS) 48.9%, Baker Hughes (BKR) 33.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, PNR, FLS 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, Pentair (PNR) leads on 6. 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.