SLB vs BKR vs KGS Stock Comparison

Slb, Baker Hughes and Kodiak Gas Services Prices as of Oct 23, 2026 Peers: Industry group
SLB Slb Limited/Nv
$53.05 +2.3% 1M +47.3% 1Y
Market cap
$79.10B
P/E
25.5x
Revenue (TTM)
$36.37B
Div. yield
–
Oilfield Services Energy
5 wins
BKR Baker Hughes Co
$55.86 -3.7% 1M +14.3% 1Y
Market cap
$55.58B
P/E
18.0x
Revenue (TTM)
$27.73B
Div. yield
0.02%
Oilfield Services Energy
5 wins

Head to Head

12 decided of 12

Slb leads on 5 of the 12 questions below (Slb 5, Baker Hughes 5, Kodiak Gas Services 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSLBBKRKGSLeader
Larger companyMarket capitalisation $79.10B $55.58B $4.34B SLB
Cheaper on earningsLower P/E, profitable companies only 25.5x 18.0x 54.0x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 22.3x 21.5x SLB
Faster revenue growthRevenue growth, trailing twelve months +2.5% +0.4% +8.2% KGS
More profitableNet margin, trailing twelve months 8.5% 11.2% 5.8% BKR
Better return on capitalReturn on invested capital 9.5% 8.9% 6.2% SLB
Less leveragedLower net debt / EBITDA 1.2x 0.1x 3.8x BKR
Higher dividend yieldTrailing dividend yield 0.00% 0.02% 0.04% KGS
Better 1-year returnPrice return, last 12 months +47.3% +14.3% +25.6% SLB
Better 5-year returnAnnualised price return, 5 years +9.4%/yr +17.8%/yr — BKR
Less volatileAnnualised volatility, 1 year 36.6% 33.4% 42.3% BKR
Higher overall scoreMean of the five percentile scores vs peers 54/100 54/100 50/100 SLB

Percentile Scorecard

SLBBKRKGS

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

AxisSLBBKRKGS
Valuation 26 #35 of 47 37 #30 of 47 13 #41 of 47
Growth 44 #25 of 44 65 #16 of 44 67 #15 of 44
Profitability 83 #8 of 41 78 #10 of 41 73 #12 of 41
Financial Health 51 #23 of 46 49 #24 of 46 11 #41 of 46
Shareholder Returns 68 #11 of 32 42 #19 of 32 84 #6 of 32
Overall 54 54 50
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • BKR ranked among 48 companies in Oilfield Services and Equipment
  • KGS 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

PeriodSLBBKRKGSSPY
1 month +2.3%-3.7%-16.9% -1.0%
3 months +1.1%-2.4%-25.0% +2.9%
6 months -5.5%-19.0%-32.9% +6.4%
Year to date +38.2%+22.7%+18.4% +11.4%
1 year +47.3%+14.3%+25.6% +13.1%
3 years -6.9%+62.0%+161.0% +79.4%
3 years, per year -2.4%+17.5%+37.7% +21.5%
5 years +56.4%+126.7%— +67.7%
5 years, per year +9.4%+17.8%— +10.9%
10 years -34.1%—— +255.2%
10 years, per year -4.1%—— +13.5%

Risk

MeasureSLBBKRKGSSPY
Volatility, 1Y 36.6%33.4%42.3% 12.7%
Downside volatility, 1Y 33.3%34.3%47.3% 12.7%
Beta vs S&P 500, 1Y 0.730.650.81 1.00
Return / volatility, 1Y 1.290.430.61 1.03
Max drawdown, 5Y -48.9%-47.2%-42.2% -25.4%
From 52-week high -11.8%-19.8%-41.9% -2.5%
52-week high $60.12$69.67$76.27 $779.14
52-week low $35.19$44.47$32.95 $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.

MultipleSLBBKRKGS
P/E now vs peer median 25.5xmedian 25.5x 17.9xmedian 25.5x 52.6xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 2.0xmedian 1.2x 3.2xmedian 1.2x
EV/EBITDA now vs peer median 11.8xmedian 8.8x 11.5xmedian 8.8x 10.3xmedian 8.8x
P/FCF now vs peer median 16.4xmedian 14.7x 17.7xmedian 14.7x 892.5xmedian 14.7x
P/B now vs peer median 2.9xmedian 1.6x 2.8xmedian 1.6x 2.1xmedian 1.6x
PEG now vs peer median -2.84median 0.41 0.45median 0.41 -20.43median 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 monthsSLBBKRKGS
Revenue $36.37B $27.73B $1.39B
Gross profit $6.01B $6.58B $889.05M
Operating income $4.68B $3.59B $382.14M
Net income $3.15B $3.12B $80.57M
Free cash flow $4.81B $3.13B $5.01M
R&D $692.00M $569.00M –
EPS (diluted) $2.06 $3.11 $0.83
Cash & equivalents $2.74B $15.73B $137.55M
Total debt $12.80B $16.25B $2.72B
Shares (diluted) 1.51B 997.00M 96.81M
Enterprise value $75.03B $18.68B $4.10B

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
MetricSLBBKRKGS
P/E 25.5x 17.9x 52.6x
P/FCF 16.4x 17.7x 892.5x
P/Operating cash flow 12.1x 12.5x 9.3x
P/S 2.2x 2.0x 3.2x
P/B 2.9x 2.8x 2.1x
P/Tangible book 3.5x 3.4x 2.3x
EV/EBITDA 11.8x 11.5x 10.3x
EV/EBIT 18.7x 15.6x 18.5x
EV/Revenue 2.4x 2.0x 5.1x
EV/FCF 18.2x 17.9x 1,408x
EV/Operating cash flow 13.4x 12.6x 14.7x
PEG (3Y EPS CAGR) -2.84 0.45 -20.43

Growth

14 metrics
MetricSLBBKRKGS
Revenue growth (1Y) 2.5% 0.4% 8.2%
Revenue CAGR (3Y) 5.3% 6.0% 22.6%
Gross profit growth (1Y) -15.3% -0.9% 11.8%
Gross profit CAGR (3Y) -0.2% 5.8% 24.1%
Operating income growth (1Y) -16.5% 9.7% 17.9%
Operating income CAGR (3Y) -2.2% 23.9% 17.1%
Net income growth (1Y) -25.2% 1.3% -4.5%
Net income CAGR (3Y) -7.6% 39.1% 15.0%
EPS growth (1Y) -31.3% 1.0% -10.3%
EPS CAGR (3Y) -9.0% 39.9% -2.6%
Operating cash flow growth (1Y) -1.6% 29.7% 7.2%
Operating cash flow CAGR (3Y) 8.5% 16.4% 31.6%
Free cash flow growth (1Y) 0.1% 44.5% -96.1%
Free cash flow CAGR (3Y) 21.2% 21.8% 22.3%

Profitability

14 metrics
MetricSLBBKRKGS
Gross margin 16.5% 23.7% 63.8%
EBITDA margin 20.5% 17.6% 48.9%
Operating margin 12.9% 12.9% 27.4%
Pretax margin 10.8% 12.7% 8.1%
Net margin 8.5% 11.2% 5.8%
FCF margin 13.2% 11.3% 0.4%
Operating cash flow margin 18.0% 16.0% 34.4%
Return on equity 11.5% 15.8% 4.8%
Return on assets 5.7% 6.0% 1.6%
Return on invested capital 9.5% 8.9% 6.2%
Return on capital employed 11.4% 9.7% 8.2%
Asset turnover 0.7x 0.5x 0.3x
Cash conversion (OCF / net income) 2.1x 1.4x 5.9x
Stock comp / revenue 0.9% 0.7% 1.9%

Financial Health

11 metrics
MetricSLBBKRKGS
Debt / assets 23.0% 30.9% 49.5%
Debt / equity 0.5x 0.8x 1.3x
Net debt / EBITDA 1.2x 0.1x 3.8x
Debt / FCF 2.7x 5.2x 543.4x
Liabilities / assets 50.9% 61.8% 60.7%
Equity / assets 49.1% 38.2% 39.3%
Interest coverage 9.1x – –
Current ratio 1.4x 2.1x 1.4x
Quick ratio 0.9x 1.7x 1.1x
Cash ratio 0.3x 1.1x 0.4x
Altman Z-score 3.21 2.10 1.32

Shareholder Returns

7 metrics
MetricSLBBKRKGS
Dividend yield 2.2% 1.6% 4.4%
Net buyback yield 1.1% – 1.9%
Shareholder yield 3.3% 1.6% 6.3%
Payout ratio (earnings) – 29.1% 217.9%
Payout ratio (FCF) – 29.1% 3,506%
Dividend growth (1Y) – 4.2% 18.6%
Dividend CAGR (3Y) – 6.4% 60.7%

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.

ConsensusSLBBKRKGS
Forward P/E 21.1xFY2026 22.3xFY2026 21.5xFY2026
EPS, next fiscal year $2.52FY2026 $2.50FY2026 $2.06FY2026
EPS growth, next FY -14.0%FY2026 -3.8%FY2026 +131.5%FY2026
EPS growth, the year after +20.2% +12.0% +41.3%
Revenue, next fiscal year $38.20BFY2026 $30.78BFY2026 $1.59BFY2026
Revenue growth, next FY +7.0%FY2026 +11.0%FY2026 +21.6%FY2026
Revenue growth, the year after +0.3% -2.3% +5.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLBBKRKGS
Held by institutions 89.8% 97.2% 100.0%
Institutions holding 1,698 1,148 407
Change in shares held, QoQ +1.6% +5.2% +16.6%
Institutions buying 783 576 282
Institutions selling 663 429 86
Buyers to sellers 1.18 1.34 3.28

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.

SLBBKRKGS
SLB 1.00 0.67 0.21
BKR 0.67 1.00 0.32
KGS 0.21 0.32 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLB, BKR and KGS?

Slb (SLB) is the largest by market capitalisation: Slb (SLB) $79.10B, Baker Hughes (BKR) $55.58B, Kodiak Gas Services (KGS) $4.34B.

Which stock is cheaper, SLB, BKR and KGS?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Slb (SLB) 25.5x, Baker Hughes (BKR) 18.0x, Kodiak Gas Services (KGS) 54.0x). On next year's consensus earnings, Slb (SLB) is cheapest (Slb (SLB) 21.1x, Baker Hughes (BKR) 22.3x, Kodiak Gas Services (KGS) 21.5x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Kodiak Gas Services (KGS) grew revenue fastest over the trailing twelve months: Slb (SLB) +2.5%, Baker Hughes (BKR) +0.4%, Kodiak Gas Services (KGS) +8.2%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Slb (SLB) 8.5%, Baker Hughes (BKR) 11.2%, Kodiak Gas Services (KGS) 5.8%). On return on invested capital, Slb (SLB) leads (Slb (SLB) 9.5%, Baker Hughes (BKR) 8.9%, Kodiak Gas Services (KGS) 6.2%).

Which stock has performed better?

Over the past year Slb (SLB) returned the most: Slb (SLB) +47.3%, Baker Hughes (BKR) +14.3%, Kodiak Gas Services (KGS) +25.6%. Over five years, Baker Hughes (BKR) compounded fastest (Slb (SLB) +9.4%/yr, Baker Hughes (BKR) +17.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Kodiak Gas Services (KGS) has the highest dividend yield: Slb (SLB) 0.00%, Baker Hughes (BKR) 0.02%, Kodiak Gas Services (KGS) 0.04%. Slb (SLB) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Slb (SLB) 36.6%, Baker Hughes (BKR) 33.4%, Kodiak Gas Services (KGS) 42.3%). Volatility measures how widely the price swings, not the risk of the business.

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

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 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.