SLB vs NGL vs BKR Stock Comparison

Slb, NGL Energy Partners and Baker Hughes Prices as of Oct 26, 2026 Peers: Industry group
SLB Slb Limited/Nv
$53.10 +3.0% 1M +48.2% 1Y
Market cap
$80.60B
P/E
26.0x
Revenue (TTM)
$36.37B
Div. yield
–
Oilfield Services Energy
3 wins
NGL NGL Energy Partners LP
$15.95 +5.5% 1M +152.8% 1Y
Market cap
$2.03B
P/E
–
Revenue (TTM)
$3.52B
Div. yield
–
Oil and Gas Pipelines Energy
4 wins
BKR Baker Hughes Co
$56.01 -3.1% 1M +18.4% 1Y
Market cap
$58.59B
P/E
18.9x
Revenue (TTM)
$27.73B
Div. yield
0.02%
Oilfield Services Energy
4 wins

Head to Head

11 decided of 12

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

QuestionSLBNGLBKRLeader
Larger companyMarket capitalisation $80.60B $2.03B $58.59B SLB
Cheaper on earningsLower P/E, profitable companies only 26.0x -5.8x 18.9x BKR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 12.3x 22.1x NGL
Faster revenue growthRevenue growth, trailing twelve months +2.5% +5.8% +0.4% NGL
More profitableNet margin, trailing twelve months 8.5% -9.9% 11.2% BKR
Better return on capitalReturn on invested capital 9.5% 4.8% 8.9% SLB
Less leveragedLower net debt / EBITDA 1.2x 8.0x 0.1x BKR
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +48.2% +152.8% +18.4% NGL
Better 5-year returnAnnualised price return, 5 years +10.3%/yr +46.6%/yr +17.5%/yr NGL
Less volatileAnnualised volatility, 1 year 36.7% 51.5% 33.2% BKR
Higher overall scoreMean of the five percentile scores vs peers 57/100 36/100 55/100 SLB

Percentile Scorecard

SLBNGLBKR

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

AxisSLBNGLBKR
Valuation 26 #35 of 47 53 #17 of 35 44 #27 of 47
Growth 44 #25 of 44 6 #32 of 34 67 #15 of 44
Profitability 80 #9 of 41 12 #30 of 34 75 #11 of 41
Financial Health 56 #21 of 46 9 #32 of 35 49 #24 of 46
Shareholder Returns 77 #8 of 32 100 #1 of 31 42 #19 of 32
Overall 57 36 55
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • NGL 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

PeriodSLBNGLBKRSPY
1 month +3.0%+5.5%-3.1% -0.8%
3 months +3.0%+6.2%-7.6% +3.5%
6 months -3.9%+10.2%-18.1% +7.0%
Year to date +38.4%+59.5%+23.0% +12.2%
1 year +48.2%+152.8%+18.4% +13.0%
3 years -4.9%+285.3%+60.9% +86.3%
3 years, per year -1.7%+56.8%+17.2% +23.1%
5 years +63.2%+575.8%+124.0% +68.6%
5 years, per year +10.3%+46.6%+17.5% +11.0%
10 years -33.6%-16.3%— +258.0%
10 years, per year -4.0%-1.8%— +13.6%

Risk

MeasureSLBNGLBKRSPY
Volatility, 1Y 36.7%51.5%33.2% 12.7%
Downside volatility, 1Y 33.4%43.1%34.2% 12.7%
Beta vs S&P 500, 1Y 0.730.360.68 1.00
Return / volatility, 1Y 1.312.970.55 1.02
Max drawdown, 5Y -48.9%-61.5%-47.2% -25.4%
From 52-week high -11.7%-16.0%-19.6% -1.8%
52-week high $60.12$18.98$69.67 $779.14
52-week low $35.19$6.35$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.

MultipleSLBNGLBKR
P/E now vs peer median 25.5xmedian 25.5x -5.7xmedian 21.0x 17.9xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 0.6xmedian 2.7x 2.0xmedian 1.2x
EV/EBITDA now vs peer median 11.8xmedian 8.6x 12.9xmedian 11.0x 11.5xmedian 8.6x
P/FCF now vs peer median 16.4xmedian 14.7x 19.5xmedian 16.6x 17.8xmedian 14.7x
P/B now vs peer median 2.9xmedian 1.6x -8.4xmedian 2.6x 2.8xmedian 1.6x
PEG now vs peer median -2.84median 0.41 0.09median 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 monthsSLBNGLBKR
Revenue $36.37B $3.52B $27.73B
Gross profit $6.01B $1.04B $6.58B
Operating income $4.68B $142.60M $3.59B
Net income $3.15B -$131.86M $3.12B
Free cash flow $4.81B $101.88M $3.13B
R&D $692.00M – $569.00M
EPS (diluted) $2.06 $-2.73 $3.11
Cash & equivalents $2.74B $5.07M $15.73B
Total debt $12.80B $3.28B $16.25B
Shares (diluted) 1.51B 128.09M 997.00M
Enterprise value $76.53B $2.00B $21.69B

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
MetricSLBNGLBKR
P/E 25.5x -5.7x 17.9x
P/FCF 16.4x 19.5x 17.8x
P/Operating cash flow 12.1x 4.9x 12.5x
P/S 2.2x 0.6x 2.0x
P/B 2.9x -8.4x 2.8x
P/Tangible book 3.5x -1.9x 3.5x
EV/EBITDA 11.8x 12.9x 11.5x
EV/EBIT 18.7x 36.9x 15.7x
EV/Revenue 2.4x 1.5x 2.0x
EV/FCF 18.2x 51.6x 17.9x
EV/Operating cash flow 13.4x 12.8x 12.7x
PEG (3Y EPS CAGR) -2.84 0.09 0.45

Growth

14 metrics
MetricSLBNGLBKR
Revenue growth (1Y) 2.5% 5.8% 0.4%
Revenue CAGR (3Y) 5.3% -4.9% 6.0%
Gross profit growth (1Y) -15.3% 6.0% -0.9%
Gross profit CAGR (3Y) -0.2% 2.3% 5.8%
Operating income growth (1Y) -16.5% -58.6% 9.7%
Operating income CAGR (3Y) -2.2% -14.6% 23.9%
Net income growth (1Y) -25.2% -228.9% 1.3%
Net income CAGR (3Y) -7.6% -67.4% 39.1%
EPS growth (1Y) -31.3% -560.3% 1.0%
EPS CAGR (3Y) -9.0% -63.2% 39.9%
Operating cash flow growth (1Y) -1.6% 8.1% 29.7%
Operating cash flow CAGR (3Y) 8.5% -6.3% 16.4%
Free cash flow growth (1Y) 0.1% -39.9% 44.5%
Free cash flow CAGR (3Y) 21.2% -34.1% 21.8%

Profitability

14 metrics
MetricSLBNGLBKR
Gross margin 16.5% 29.5% 23.7%
EBITDA margin 20.5% 11.6% 17.6%
Operating margin 12.9% 4.0% 12.9%
Pretax margin 10.8% -3.7% 12.7%
Net margin 8.5% -9.9% 11.2%
FCF margin 13.2% 2.9% 11.3%
Operating cash flow margin 18.0% 11.6% 16.0%
Return on equity 11.5% – 15.8%
Return on assets 5.7% -3.1% 6.0%
Return on invested capital 9.5% 4.8% 8.9%
Return on capital employed 11.4% 4.0% 9.7%
Asset turnover 0.7x 0.8x 0.5x
Cash conversion (OCF / net income) 2.1x -3.1x 1.4x
Stock comp / revenue 0.9% 0.1% 0.7%

Financial Health

11 metrics
MetricSLBNGLBKR
Debt / assets 23.0% 78.4% 30.9%
Debt / equity 0.5x -13.8x 0.8x
Net debt / EBITDA 1.2x 8.0x 0.1x
Debt / FCF 2.7x 32.2x 5.2x
Liabilities / assets 50.9% 105.7% 61.8%
Equity / assets 49.1% -5.7% 38.2%
Interest coverage 9.1x 0.6x –
Current ratio 1.4x 1.1x 2.1x
Quick ratio 0.9x 1.0x 1.7x
Cash ratio 0.3x 0.0x 1.1x
Altman Z-score 3.21 – 2.10

Shareholder Returns

7 metrics
MetricSLBNGLBKR
Dividend yield 2.2% – 1.6%
Net buyback yield 1.1% 18.2% –
Shareholder yield 3.3% 18.2% 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.

ConsensusSLBNGLBKR
Forward P/E 21.1xFY2026 12.3xFY2026 22.1xFY2026
EPS, next fiscal year $2.52FY2026 $1.30FY2026 $2.54FY2026
EPS growth, next FY -14.0%FY2026 – -2.3%FY2026
EPS growth, the year after +17.1% +31.5% +10.6%
Revenue, next fiscal year $38.38BFY2026 $3.82BFY2026 $30.90BFY2026
Revenue growth, next FY +7.5%FY2026 +21.0%FY2026 +11.4%FY2026
Revenue growth, the year after +0.5% -6.2% -1.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLBNGLBKR
Held by institutions 89.8% 60.3% 97.2%
Institutions holding 1,698 88 1,148
Change in shares held, QoQ +1.6% +3.5% +5.2%
Institutions buying 783 25 576
Institutions selling 663 29 429
Buyers to sellers 1.18 0.86 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.

SLBNGLBKR
SLB 1.00 0.19 0.68
NGL 0.19 1.00 0.22
BKR 0.68 0.22 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLB, NGL and BKR?

Slb (SLB) is the largest by market capitalisation: Slb (SLB) $80.60B, NGL Energy Partners (NGL) $2.03B, Baker Hughes (BKR) $58.59B.

Which stock is cheaper, SLB, NGL and BKR?

Baker Hughes (BKR) trades on the lowest price-to-earnings ratio (Slb (SLB) 26.0x, NGL Energy Partners (NGL) -5.8x, Baker Hughes (BKR) 18.9x). On next year's consensus earnings, NGL Energy Partners (NGL) is cheapest (Slb (SLB) 21.1x, NGL Energy Partners (NGL) 12.3x, Baker Hughes (BKR) 22.1x). 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: Slb (SLB) +2.5%, NGL Energy Partners (NGL) +5.8%, Baker Hughes (BKR) +0.4%.

Which company is more profitable?

Baker Hughes (BKR) has the highest net margin (Slb (SLB) 8.5%, NGL Energy Partners (NGL) -9.9%, Baker Hughes (BKR) 11.2%). On return on invested capital, Slb (SLB) leads (Slb (SLB) 9.5%, NGL Energy Partners (NGL) 4.8%, Baker Hughes (BKR) 8.9%).

Which stock has performed better?

Over the past year NGL Energy Partners (NGL) returned the most: Slb (SLB) +48.2%, NGL Energy Partners (NGL) +152.8%, Baker Hughes (BKR) +18.4%. Over five years, NGL Energy Partners (NGL) compounded fastest (Slb (SLB) +10.3%/yr, NGL Energy Partners (NGL) +46.6%/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: Slb (SLB) 0.00%, NGL Energy Partners (NGL) 0.00%, Baker Hughes (BKR) 0.02%. 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 (Slb (SLB) 36.7%, NGL Energy Partners (NGL) 51.5%, Baker Hughes (BKR) 33.2%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SLB, NGL 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 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.