SLB vs TDW vs BKR Stock Comparison

Slb, Tidewater and Baker Hughes 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
3 wins
TDW Tidewater Inc
$86.02 +0.0% 1M +67.3% 1Y
Market cap
$4.20B
P/E
17.0x
Revenue (TTM)
$1.35B
Div. yield
–
Oilfield Services Energy
7 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
1 win

Head to Head

11 decided of 12

Tidewater leads on 7 of the 12 questions below (Tidewater 7, Slb 3, Baker Hughes 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSLBTDWBKRLeader
Larger companyMarket capitalisation $79.10B $4.20B $55.58B SLB
Cheaper on earningsLower P/E, profitable companies only 25.5x 17.0x 18.0x TDW
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 29.9x 22.3x SLB
Faster revenue growthRevenue growth, trailing twelve months +2.5% -1.0% +0.4% SLB
More profitableNet margin, trailing twelve months 8.5% 18.3% 11.2% TDW
Better return on capitalReturn on invested capital 9.5% 12.2% 8.9% TDW
Less leveragedLower net debt / EBITDA 1.2x 0.1x 0.1x TDW
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.02% –
Better 1-year returnPrice return, last 12 months +47.3% +67.3% +14.3% TDW
Better 5-year returnAnnualised price return, 5 years +9.4%/yr +47.1%/yr +17.8%/yr TDW
Less volatileAnnualised volatility, 1 year 36.6% 48.7% 33.4% BKR
Higher overall scoreMean of the five percentile scores vs peers 54/100 75/100 54/100 TDW

Percentile Scorecard

SLBTDWBKR

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

AxisSLBTDWBKR
Valuation 26 #35 of 47 39 #29 of 47 37 #30 of 47
Growth 44 #25 of 44 79 #10 of 44 65 #16 of 44
Profitability 83 #8 of 41 98 #2 of 41 78 #10 of 41
Financial Health 51 #23 of 46 84 #8 of 46 49 #24 of 46
Shareholder Returns 68 #11 of 32 – 42 #19 of 32
Overall 54 75 54
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • TDW ranked among 48 companies in Oilfield Services and Equipment
  • 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

PeriodSLBTDWBKRSPY
1 month +2.3%+0.0%-3.7% -1.0%
3 months +1.1%+9.5%-2.4% +2.9%
6 months -5.5%-2.8%-19.0% +6.4%
Year to date +38.2%+70.3%+22.7% +11.4%
1 year +47.3%+67.3%+14.3% +13.1%
3 years -6.9%+23.0%+62.0% +79.4%
3 years, per year -2.4%+7.2%+17.5% +21.5%
5 years +56.4%+588.7%+126.7% +67.7%
5 years, per year +9.4%+47.1%+17.8% +10.9%
10 years -34.1%-10.8%— +255.2%
10 years, per year -4.1%-1.1%— +13.5%

Risk

MeasureSLBTDWBKRSPY
Volatility, 1Y 36.6%48.7%33.4% 12.7%
Downside volatility, 1Y 33.3%46.9%34.3% 12.7%
Beta vs S&P 500, 1Y 0.730.480.65 1.00
Return / volatility, 1Y 1.291.380.43 1.03
Max drawdown, 5Y -48.9%-70.3%-47.2% -25.4%
From 52-week high -11.8%-14.5%-19.8% -2.5%
52-week high $60.12$100.61$69.67 $779.14
52-week low $35.19$48.67$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.

MultipleSLBTDWBKR
P/E now vs peer median 25.5xmedian 25.5x 17.3xmedian 25.5x 17.9xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 3.2xmedian 1.2x 2.0xmedian 1.2x
EV/EBITDA now vs peer median 11.8xmedian 8.8x 8.4xmedian 8.8x 11.5xmedian 8.8x
P/FCF now vs peer median 16.4xmedian 14.7x 15.8xmedian 14.7x 17.7xmedian 14.7x
P/B now vs peer median 2.9xmedian 1.6x 3.1xmedian 1.6x 2.8xmedian 1.6x
PEG now vs peer median -2.84median 0.41 0.24median 0.41 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 monthsSLBTDWBKR
Revenue $36.37B $1.35B $27.73B
Gross profit $6.01B $651.24M $6.58B
Operating income $4.68B $248.14M $3.59B
Net income $3.15B $245.49M $3.12B
Free cash flow $4.81B $271.18M $3.13B
R&D $692.00M – $569.00M
EPS (diluted) $2.06 $4.93 $3.11
Cash & equivalents $2.74B $613.54M $15.73B
Total debt $12.80B $2.62B $16.25B
Shares (diluted) 1.51B 50.13M 997.00M
Enterprise value $75.03B $2.03B $18.68B

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
MetricSLBTDWBKR
P/E 25.5x 17.3x 17.9x
P/FCF 16.4x 15.8x 17.7x
P/Operating cash flow 12.1x 13.8x 12.5x
P/S 2.2x 3.2x 2.0x
P/B 2.9x 3.1x 2.8x
P/Tangible book 3.5x 3.1x 3.4x
EV/EBITDA 11.8x 8.4x 11.5x
EV/EBIT 18.7x 17.4x 15.6x
EV/Revenue 2.4x 3.2x 2.0x
EV/FCF 18.2x 15.9x 17.9x
EV/Operating cash flow 13.4x 13.9x 12.6x
PEG (3Y EPS CAGR) -2.84 0.24 0.45

Growth

14 metrics
MetricSLBTDWBKR
Revenue growth (1Y) 2.5% -1.0% 0.4%
Revenue CAGR (3Y) 5.3% 19.6% 6.0%
Gross profit growth (1Y) -15.3% -4.1% -0.9%
Gross profit CAGR (3Y) -0.2% 26.2% 5.8%
Operating income growth (1Y) -16.5% -19.2% 9.7%
Operating income CAGR (3Y) -2.2% 37.4% 23.9%
Net income growth (1Y) -25.2% 24.2% 1.3%
Net income CAGR (3Y) -7.6% 72.5% 39.1%
EPS growth (1Y) -31.3% 23.9% 1.0%
EPS CAGR (3Y) -9.0% 73.2% 39.9%
Operating cash flow growth (1Y) -1.6% 2.7% 29.7%
Operating cash flow CAGR (3Y) 8.5% 48.0% 16.4%
Free cash flow growth (1Y) 0.1% -2.2% 44.5%
Free cash flow CAGR (3Y) 21.2% 59.2% 21.8%

Profitability

14 metrics
MetricSLBTDWBKR
Gross margin 16.5% 48.4% 23.7%
EBITDA margin 20.5% 38.2% 17.6%
Operating margin 12.9% 18.4% 12.9%
Pretax margin 10.8% 11.9% 12.7%
Net margin 8.5% 18.3% 11.2%
FCF margin 13.2% 20.1% 11.3%
Operating cash flow margin 18.0% 23.1% 16.0%
Return on equity 11.5% 17.8% 15.8%
Return on assets 5.7% 10.4% 6.0%
Return on invested capital 9.5% 12.2% 8.9%
Return on capital employed 11.4% 11.9% 9.7%
Asset turnover 0.7x 0.6x 0.5x
Cash conversion (OCF / net income) 2.1x 1.3x 1.4x
Stock comp / revenue 0.9% 1.0% 0.7%

Financial Health

11 metrics
MetricSLBTDWBKR
Debt / assets 23.0% 27.6% 30.9%
Debt / equity 0.5x 0.5x 0.8x
Net debt / EBITDA 1.2x 0.1x 0.1x
Debt / FCF 2.7x 2.4x 5.2x
Liabilities / assets 50.9% 41.1% 61.8%
Equity / assets 49.1% 58.9% 38.2%
Interest coverage 9.1x 3.7x –
Current ratio 1.4x 3.6x 2.1x
Quick ratio 0.9x 3.4x 1.7x
Cash ratio 0.3x 2.3x 1.1x
Altman Z-score 3.21 3.74 2.10

Shareholder Returns

7 metrics
MetricSLBTDWBKR
Dividend yield 2.2% – 1.6%
Net buyback yield 1.1% – –
Shareholder yield 3.3% 0.0% 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.

ConsensusSLBTDWBKR
Forward P/E 21.1xFY2026 29.9xFY2026 22.3xFY2026
EPS, next fiscal year $2.52FY2026 $2.88FY2026 $2.50FY2026
EPS growth, next FY -14.0%FY2026 -56.6%FY2026 -3.8%FY2026
EPS growth, the year after +20.2% +110.8% +12.0%
Revenue, next fiscal year $38.20BFY2026 $1.50BFY2026 $30.78BFY2026
Revenue growth, next FY +7.0%FY2026 +10.9%FY2026 +11.0%FY2026
Revenue growth, the year after +0.3% +7.6% -2.3%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLBTDWBKR
Held by institutions 89.8% 100.0% 97.2%
Institutions holding 1,698 363 1,148
Change in shares held, QoQ +1.6% +9.4% +5.2%
Institutions buying 783 183 576
Institutions selling 663 123 429
Buyers to sellers 1.18 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.

SLBTDWBKR
SLB 1.00 0.46 0.67
TDW 0.46 1.00 0.47
BKR 0.67 0.47 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, SLB, TDW and BKR?

Slb (SLB) is the largest by market capitalisation: Slb (SLB) $79.10B, Tidewater (TDW) $4.20B, Baker Hughes (BKR) $55.58B.

Which stock is cheaper, SLB, TDW and BKR?

Tidewater (TDW) trades on the lowest price-to-earnings ratio (Slb (SLB) 25.5x, Tidewater (TDW) 17.0x, Baker Hughes (BKR) 18.0x). On next year's consensus earnings, Slb (SLB) is cheapest (Slb (SLB) 21.1x, Tidewater (TDW) 29.9x, Baker Hughes (BKR) 22.3x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Slb (SLB) grew revenue fastest over the trailing twelve months: Slb (SLB) +2.5%, Tidewater (TDW) -1.0%, Baker Hughes (BKR) +0.4%.

Which company is more profitable?

Tidewater (TDW) has the highest net margin (Slb (SLB) 8.5%, Tidewater (TDW) 18.3%, Baker Hughes (BKR) 11.2%). On return on invested capital, Tidewater (TDW) leads (Slb (SLB) 9.5%, Tidewater (TDW) 12.2%, Baker Hughes (BKR) 8.9%).

Which stock has performed better?

Over the past year Tidewater (TDW) returned the most: Slb (SLB) +47.3%, Tidewater (TDW) +67.3%, Baker Hughes (BKR) +14.3%. Over five years, Tidewater (TDW) compounded fastest (Slb (SLB) +9.4%/yr, Tidewater (TDW) +47.1%/yr, Baker Hughes (BKR) +17.8%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Slb (SLB) 0.00%, Tidewater (TDW) 0.00%, Baker Hughes (BKR) 0.02%. Slb (SLB) and Tidewater (TDW) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, Baker Hughes (BKR) has been the steadiest (Slb (SLB) 36.6%, Tidewater (TDW) 48.7%, Baker Hughes (BKR) 33.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SLB, TDW 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, Tidewater (TDW) leads on 7. 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.