SLB vs USAC vs NESR Stock Comparison

Slb, USA Compression Partners and National Energy Services Reunited 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
1 win

Head to Head

11 decided of 12

National Energy Services Reunited leads on 7 of the 12 questions below (National Energy Services Reunited 7, USA Compression Partners 3, Slb 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionSLBUSACNESRLeader
Larger companyMarket capitalisation $79.10B $3.61B $2.04B SLB
Cheaper on earningsLower P/E, profitable companies only 25.5x 25.0x 21.9x NESR
Cheaper on forward earningsLower price / next fiscal year consensus EPS 21.1x 20.2x 13.2x NESR
Faster revenue growthRevenue growth, trailing twelve months +2.5% +19.9% +23.5% NESR
More profitableNet margin, trailing twelve months 8.5% 12.3% 5.8% USAC
Better return on capitalReturn on invested capital 9.5% 9.9% 8.9% USAC
Less leveragedLower net debt / EBITDA 1.2x 4.3x 0.5x NESR
Higher dividend yieldTrailing dividend yield 0.00% 0.08% 0.00% –
Better 1-year returnPrice return, last 12 months +47.3% +10.7% +69.0% NESR
Better 5-year returnAnnualised price return, 5 years +9.4%/yr +8.2%/yr +10.4%/yr NESR
Less volatileAnnualised volatility, 1 year 36.6% 28.3% 59.6% USAC
Higher overall scoreMean of the five percentile scores vs peers 54/100 56/100 81/100 NESR

Percentile Scorecard

SLBUSACNESR

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

AxisSLBUSACNESR
Valuation 26 #35 of 47 28 #34 of 47 85 #8 of 47
Growth 44 #25 of 44 98 #2 of 44 100 #1 of 44
Profitability 83 #8 of 41 100 #1 of 41 85 #7 of 41
Financial Health 51 #23 of 46 7 #43 of 46 56 #21 of 46
Shareholder Returns 68 #11 of 32 48 #17 of 32 –
Overall 54 56 81
  • SLB ranked among 48 companies in Oilfield Services and Equipment
  • USAC ranked among 48 companies in Oilfield Services and Equipment
  • NESR 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

PeriodSLBUSACNESRSPY
1 month +2.3%-2.9%-37.6% -1.0%
3 months +1.1%-4.9%-25.9% +2.9%
6 months -5.5%-8.8%-16.3% +6.4%
Year to date +38.2%+9.1%+30.7% +11.4%
1 year +47.3%+10.7%+69.0% +13.1%
3 years -6.9%-0.4%+272.0% +79.4%
3 years, per year -2.4%-0.1%+55.0% +21.5%
5 years +56.4%+48.1%+64.1% +67.7%
5 years, per year +9.4%+8.2%+10.4% +10.9%
10 years -34.1%+34.2%— +255.2%
10 years, per year -4.1%+3.0%— +13.5%

Risk

MeasureSLBUSACNESRSPY
Volatility, 1Y 36.6%28.3%59.6% 12.7%
Downside volatility, 1Y 33.3%28.8%52.5% 12.7%
Beta vs S&P 500, 1Y 0.730.081.69 1.00
Return / volatility, 1Y 1.290.381.16 1.03
Max drawdown, 5Y -48.9%-25.3%-79.4% -25.4%
From 52-week high -11.8%-17.2%-43.7% -2.5%
52-week high $60.12$30.30$36.31 $779.14
52-week low $35.19$21.99$12.11 $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.

MultipleSLBUSACNESR
P/E now vs peer median 25.5xmedian 25.5x 25.2xmedian 25.5x 22.1xmedian 25.5x
P/S now vs peer median 2.2xmedian 1.2x 3.1xmedian 1.2x 1.3xmedian 1.2x
EV/EBITDA now vs peer median 11.8xmedian 8.8x 9.7xmedian 8.8x 7.6xmedian 8.8x
P/FCF now vs peer median 16.4xmedian 14.7x 11.7xmedian 14.7x 13.2xmedian 14.7x
P/B now vs peer median 2.9xmedian 1.6x 12.7xmedian 1.6x 2.0xmedian 1.6x
PEG now vs peer median -2.84median 0.41 0.13median 0.41 0.48median 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 monthsSLBUSACNESR
Revenue $36.37B $1.18B $1.62B
Gross profit $6.01B $772.78M $216.51M
Operating income $4.68B $352.30M $151.16M
Net income $3.15B $146.24M $93.38M
Free cash flow $4.81B $309.81M $156.33M
R&D $692.00M – –
EPS (diluted) $2.06 $0.99 $0.90
Cash & equivalents $2.74B $9.48M $174.99M
Total debt $12.80B $2.94B $325.04M
Shares (diluted) 1.51B 145.62M 103.22M
Enterprise value $75.03B $3.58B $1.58B

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
MetricSLBUSACNESR
P/E 25.5x 25.2x 22.1x
P/FCF 16.4x 11.7x 13.2x
P/Operating cash flow 12.1x 8.1x 5.9x
P/S 2.2x 3.1x 1.3x
P/B 2.9x 12.7x 2.0x
P/Tangible book 3.5x 33.0x 2.1x
EV/EBITDA 11.8x 9.7x 7.6x
EV/EBIT 18.7x 18.7x 14.6x
EV/Revenue 2.4x 5.6x 1.4x
EV/FCF 18.2x 21.2x 14.2x
EV/Operating cash flow 13.4x 14.7x 6.3x
PEG (3Y EPS CAGR) -2.84 0.13 0.48

Growth

14 metrics
MetricSLBUSACNESR
Revenue growth (1Y) 2.5% 19.9% 23.5%
Revenue CAGR (3Y) 5.3% 15.0% 19.7%
Gross profit growth (1Y) -15.3% 18.2% 11.6%
Gross profit CAGR (3Y) -0.2% 14.7% 305.8%
Operating income growth (1Y) -16.5% 18.9% 19.0%
Operating income CAGR (3Y) -2.2% 21.9% 77.5%
Net income growth (1Y) -25.2% 55.9% 27.8%
Net income CAGR (3Y) -7.6% 40.7% 48.3%
EPS growth (1Y) -31.3% 50.4% 20.9%
EPS CAGR (3Y) -9.0% 197.5% 46.4%
Operating cash flow growth (1Y) -1.6% 25.1% 48.3%
Operating cash flow CAGR (3Y) 8.5% 19.6% –
Free cash flow growth (1Y) 0.1% 19.9% -12.4%
Free cash flow CAGR (3Y) 21.2% 68.5% –

Profitability

14 metrics
MetricSLBUSACNESR
Gross margin 16.5% 65.7% 13.4%
EBITDA margin 20.5% 57.8% 18.0%
Operating margin 12.9% 30.0% 9.3%
Pretax margin 10.8% 13.5% 7.2%
Net margin 8.5% 12.3% 5.8%
FCF margin 13.2% 26.3% 9.7%
Operating cash flow margin 18.0% 38.0% 21.6%
Return on equity 11.5% 48.4% 9.2%
Return on assets 5.7% 3.9% 4.6%
Return on invested capital 9.5% 9.9% 8.9%
Return on capital employed 11.4% 10.2% 12.5%
Asset turnover 0.7x 0.3x 0.8x
Cash conversion (OCF / net income) 2.1x 3.1x 3.7x
Stock comp / revenue 0.9% 0.6% 0.6%

Financial Health

11 metrics
MetricSLBUSACNESR
Debt / assets 23.0% 79.8% 15.5%
Debt / equity 0.5x 10.2x 0.3x
Net debt / EBITDA 1.2x 4.3x 0.5x
Debt / FCF 2.7x 9.5x 2.1x
Liabilities / assets 50.9% 92.2% 50.3%
Equity / assets 49.1% 7.8% 49.7%
Interest coverage 9.1x 1.8x 5.2x
Current ratio 1.4x 1.3x 1.0x
Quick ratio 0.9x 0.6x 0.7x
Cash ratio 0.3x 0.0x 0.2x
Altman Z-score 3.21 – 2.28

Shareholder Returns

7 metrics
MetricSLBUSACNESR
Dividend yield 2.2% 8.4% –
Net buyback yield 1.1% – –
Shareholder yield 3.3% 8.4% –
Payout ratio (earnings) – 189.3% –
Payout ratio (FCF) – 89.3% –
Dividend growth (1Y) – 4.0% –
Dividend CAGR (3Y) – 2.5% –

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.

ConsensusSLBUSACNESR
Forward P/E 21.1xFY2026 20.2xFY2026 13.2xFY2026
EPS, next fiscal year $2.52FY2026 $1.24FY2026 $1.55FY2026
EPS growth, next FY -14.0%FY2026 +45.9%FY2026 +86.7%FY2026
EPS growth, the year after +20.2% +24.2% +79.4%
Revenue, next fiscal year $38.20BFY2026 $1.46BFY2026 $1.87BFY2026
Revenue growth, next FY +7.0%FY2026 +46.4%FY2026 +42.0%FY2026
Revenue growth, the year after +0.3% -3.9% +28.6%
SLB estimates →USAC estimates →NESR estimates →

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersSLBUSACNESR
Held by institutions 89.8% 37.0% 69.5%
Institutions holding 1,698 130 224
Change in shares held, QoQ +1.6% +0.4% +13.2%
Institutions buying 783 63 143
Institutions selling 663 26 66
Buyers to sellers 1.18 2.42 2.17
SLB holders →USAC holders →NESR holders →

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.

SLBUSACNESR
SLB 1.00 0.30 0.47
USAC 0.30 1.00 0.13
NESR 0.47 0.13 1.00

Add a Peer

Largest companies in the same industry
SLB · Oilfield Services
+BKRBaker Hughes +HALHalliburton +WFRDWeatherford International +KGSKodiak Gas Services +TDWTidewater +LBRTLiberty Energy +WTTRSelect Water Solutions +RESRpc
Plot all 54 Oilfield Services stocks →

Related Comparisons

SLB vs BKRBaker Hughes SLB vs HALHalliburton SLB vs WFRDWeatherford International SLB vs KGSKodiak Gas Services

Frequently Asked Questions

Which is bigger, SLB, USAC and NESR?

Slb (SLB) is the largest by market capitalisation: Slb (SLB) $79.10B, USA Compression Partners (USAC) $3.61B, National Energy Services Reunited (NESR) $2.04B.

Which stock is cheaper, SLB, USAC and NESR?

National Energy Services Reunited (NESR) trades on the lowest price-to-earnings ratio (Slb (SLB) 25.5x, USA Compression Partners (USAC) 25.0x, National Energy Services Reunited (NESR) 21.9x). On next year's consensus earnings, National Energy Services Reunited (NESR) is cheapest (Slb (SLB) 21.1x, USA Compression Partners (USAC) 20.2x, National Energy Services Reunited (NESR) 13.2x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

National Energy Services Reunited (NESR) grew revenue fastest over the trailing twelve months: Slb (SLB) +2.5%, USA Compression Partners (USAC) +19.9%, National Energy Services Reunited (NESR) +23.5%.

Which company is more profitable?

USA Compression Partners (USAC) has the highest net margin (Slb (SLB) 8.5%, USA Compression Partners (USAC) 12.3%, National Energy Services Reunited (NESR) 5.8%). On return on invested capital, USA Compression Partners (USAC) leads (Slb (SLB) 9.5%, USA Compression Partners (USAC) 9.9%, National Energy Services Reunited (NESR) 8.9%).

Which stock has performed better?

Over the past year National Energy Services Reunited (NESR) returned the most: Slb (SLB) +47.3%, USA Compression Partners (USAC) +10.7%, National Energy Services Reunited (NESR) +69.0%. Over five years, National Energy Services Reunited (NESR) compounded fastest (Slb (SLB) +9.4%/yr, USA Compression Partners (USAC) +8.2%/yr, National Energy Services Reunited (NESR) +10.4%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Only one of these companies pays a dividend: Slb (SLB) 0.00%, USA Compression Partners (USAC) 0.08%, National Energy Services Reunited (NESR) 0.00%. Slb (SLB) and National Energy Services Reunited (NESR) pays no regular dividend.

Which stock is riskier?

By one-year price volatility, USA Compression Partners (USAC) has been the steadiest (Slb (SLB) 36.6%, USA Compression Partners (USAC) 28.3%, National Energy Services Reunited (NESR) 59.6%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, SLB, USAC and NESR?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, National Energy Services Reunited (NESR) 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.