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Baker Hughes Company vs SLB N.V.: Which Stock Looks Stronger in 2026?

Baker Hughes Company holds the cleaner structural position, with profitability as the main driver and valuation adding further support. The market setup is broadly comparable for both — no clear directional signal from price behavior. The market is not adding a decisive signal either way — the structural read carries the weight.

The comparison is based on similar long-term financial trajectories, not sector labels. Both peer scores are relative to the S&P 500 universe, making them directly comparable.

Updated 2026-08-16

This is not just a one-metric split: both profitability and valuation materially support the lead. The overall score gap is 14 points in favour of Baker Hughes Company.

INDUSTRY COMPARISON

Both operate in: Oil & Gas Equipment & Services

This comparison is based on industry proximity, not on functional trajectory similarity. BKR and SLB share the same industry classification.

For a similarity-based comparison, see how Baker Hughes Company and SLB each position within their functional peer groups in AssetNext.

Peer-Relative Score
BKR
Baker Hughes Company
57
Peer-Score
Signal qualitylow
Peer basis: S&P 500
vs
SLB
SLB N.V.
43
Peer-Score
Signal qualitylow
Peer basis: S&P 500

Scores reflect position relative to comparable companies with similar long-term financial trajectories.

Score differences across key dimensions.

Dimension spread: BKR vs SLB Profitability 59 25 Stability 59 51 Valuation 79 64 Growth 20 27 BKR SLB
Gap Ranking
#1 Profitability +34
#2 Valuation +15
#3 Stability +8
#4 Growth +7
Price Setup

Left means cheaper relative valuation. Higher means stronger structure.

Price setup map for BKR and SLB Stronger + cheaper Stronger + richer Weaker + cheaper Weaker + richer BKRSLB Relative valuation Structural strength

Baker Hughes Company looks stronger both structurally and on relative valuation.

Valuation position uses peer-relative PE percentile (idx_pct_pe) where available.

Entry today — historical context

Where BKR and SLB each sit in their own 5-year price and valuation history.

BASED ON 5-YEAR HISTORY BKR Elevated · above norm 0th 50th 100th 5 pct gap SLB Elevated · above norm 0th 50th 100th 99th 94th
BKR (99th percentile) and SLB (94th percentile) both sit in the upper portion of their own 5-year ranges. The historical entry context is broadly similar for both. This reflects entry timing, not which company is structurally stronger.

Describes historical entry positioning only. Descriptive — not investment advice.

Relative Position vs Comparable Companies
Profitability
On profitability, Baker Hughes Company is positioned higher in the group, while SLB N.V. is closer to the middle.
Valuation
Both rank well on valuation, but Baker Hughes Company still sits higher.
Profitability — Dominant Gap
BKR
59
SLB
25
Gap+34in favour of BKR

The profitability gap is wide, with the stronger side earning materially better operating marks.

What else supports the lead

Absolute pricing reinforces the lead rather than leaving the result tied to one dimension, with a trailing P/E that is 5.4 turns lower.

What this means for the comparison

Profitability is the clearest driver, and valuation also supports Baker Hughes Company's broader structural position.

Explore full peer positioning in AssetNext

Break down the BKR vs SLB comparison across all dimensions with the full interactive tool.

Explore full breakdown →
Similar profitability-driven comparisons

Explore how BKR and SLB each compare against other companies in their peer groups.

Rule-based, descriptive analysis only. Derived from peer percentile dimensions. Not investment advice. Peer groups are determined algorithmically based on structural similarity — not by sector classification alone.

How AssetNext Peer Scores Work

AssetNext scores reflect each company's structural position within its functional peer group — not a ranking against all stocks simultaneously. Peers are identified by similarity across eight financial dimensions, including revenue growth trajectory, margin structure, capital intensity, and earnings stability. A score of 75 means the company ranks in the top quartile within its own peer group, not the entire market.

Four dimension scores drive the overall peer score: Growth (revenue trajectory and expansion dynamics), Quality (margin structure and capital efficiency), Valuation (peer-relative pricing on standard multiples), and Stability (earnings consistency and financial predictability). Each dimension is scored 0–100 relative to the peer group, then combined into an overall peer score using equal weighting.

Because scores are peer-relative, the same company can have slightly different scores in different index universes. On comparison pages, both companies are shown within their shared peer universe wherever possible — so the scores are directly comparable. The peer basis is stated on each score card.

Scores are recalculated periodically as underlying financial data is updated. All analysis is descriptive and rule-based — AssetNext describes structural realities and never issues buy, sell or hold recommendations.