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| Company | Headquarters | Sector | Stock Price | Enterprise Value | EV/Revenue | EV/EBITDA |
|---|---|---|---|---|---|---|
| GE Vernova | United States of America | Energy Services, Wind, Nuclear, Energy Equipment | $602 | $156B | 4.2x | 48.2x |
| SLB | United States of America | Energy Equipment, Fossil Fuels | $38 | $65.3B | 1.8x | 7.7x |
| Baker Hughes | United States of America | Energy Equipment, Fossil Fuels | $50 | $53.2B | 1.9x | 11.2x |
| Halliburton | United States of America | Energy Equipment, Fossil Fuels | $27 | $29.6B | 1.3x | 7.0x |
| First Solar | United States of America | Energy Equipment, Solar | $256 | $26.3B | 5.2x | 12.3x |
| Bloom Energy | United States of America | Energy Equipment, Electrical Parts & Equipment | $102 | $25.2B | 13.5x | 112.0x |
| Sunrun | United States of America | Energy Equipment, Solar | $18 | $18.1B | 7.7x | 113.1x |
| Chart Industries | United States of America | Energy Equipment, Energy Storage, Machinery | $205 | $12.5B | 2.8x | 11.4x |
| Canadian Solar | United States of America | Energy Equipment, Solar | $23 | $7.2B | 1.3x | 11.7x |
| NOV Inc. | United States of America | Energy Equipment, Fossil Fuels | $16 | $7.1B | 0.8x | 7.0x |
| Archrock | United States of America | Energy Equipment, Fossil Fuels | $25 | $6.9B | 4.7x | 8.4x |
| Weatherford | United States of America | Energy Equipment, Fossil Fuels | $77 | $6.3B | 1.3x | 5.9x |
| USA Compression | United States of America | Energy Equipment, Fossil Fuels | $25 | $5.6B | 5.6x | 9.1x |
| NuScale Power | United States of America | Energy Equipment, Nuclear, Energy Exploration & Generation, Machinery | $20 | $5.6B | 127.1x | -11.3x |
| JinkoSolar | United States of America | Energy Equipment, Solar | $24 | $4.9B | 0.5x | 59.3x |
| Itron | United States of America | Energy Equipment, Sensors & Instruments | $98 | $4.3B | 1.8x | 12.1x |
| Plug Power | United States of America | Energy Equipment, Electrical Parts & Equipment | $2 | $3.9B | 5.6x | -6.4x |
| Enphase Energy | United States of America | Energy Equipment, Solar | $29 | $3.6B | 2.5x | 7.9x |
| Cactus | United States of America | Energy Equipment, Fossil Fuels | $46 | $2.8B | 2.6x | 7.9x |
| Array Technologies | United States of America | Energy Equipment, Solar | $8 | $2.1B | 1.7x | 11.1x |
| SolarEdge | United States of America | Energy Equipment, Solar | $32 | $1.8B | 1.6x | -8.1x |
| National Energy Services | United States of America | Fossil Fuels, Energy Equipment | $15 | $1.8B | 1.4x | 6.3x |
| Innovex International | United States of America | Energy Equipment, Fossil Fuels | $24 | $1.6B | 1.7x | 9.1x |
| Nano Nuclear Energy | United States of America | Energy Equipment, Nuclear, Machinery | $34 | $1.5B | N/A | -50.1x |
| Power Solutions Intl | United States of America | Energy Equipment | $59 | $1.5B | 2.1x | 12.4x |
| Shoals | United States of America | Energy Equipment, Solar | $8 | $1.4B | 3.1x | 13.5x |
| American Superconductor | United States of America | Energy Equipment, Machinery | $32 | $1.2B | 4.8x | 61.0x |
| Babcock & Wilcox | United States of America | Energy Equipment | $6 | $1.2B | 1.8x | 22.6x |
| Core Laboratories | United States of America | Energy Equipment, Fossil Fuels | $16 | $906M | 1.7x | 12.3x |
| Spruce Power | United States of America | Energy Equipment, Solar | $5 | $730M | 8.9x | 40.7x |
| Energy Vault | United States of America | Energy Equipment, Energy Storage | $4 | $641M | 3.5x | -19.0x |
| Natural Gas Services Gr | United States of America | Energy Equipment | $32 | $607M | 3.6x | 7.7x |
| Forum Energy Technologies | United States of America | Energy Equipment | $34 | $582M | 0.7x | 6.9x |
| EVgo | United States of America | Energy Equipment, Energy Services, Electric Vehicles | $3 | $527M | 1.5x | -39.7x |
| Oil States International | United States of America | Fossil Fuels, Energy Equipment, Energy Services | $7 | $460M | 0.7x | 5.6x |
| KLX Energy Services Hldgs | United States of America | Fossil Fuels, Energy Equipment | $2 | $333M | 0.5x | 4.5x |
| Wallbox | United States of America | Energy Equipment, Energy Storage, Electric Vehicles | $3 | $271M | 1.6x | -7.1x |
| Smart Sand | United States of America | Fossil Fuels, Energy Equipment | $4 | $172M | 0.6x | 4.4x |
| Drilling Tools Intl | United States of America | Fossil Fuels, Energy Equipment | $3 | $167M | 1.1x | 4.5x |
| AirJoule | United States of America | Energy Equipment, Building Products | $3 | $166M | N/A | N/A |
| DMC Glb | United States of America | Energy Equipment, Advanced Materials, Building Products, Diversified Industrials | $6 | $161M | 0.3x | 3.7x |
| Geospace Technologies | United States of America | Energy Equipment, Fossil Fuels, Electronic Equipment | $14 | $156M | N/A | N/A |
| Tigo Energy | United States of America | Energy Equipment, Solar | $2 | $124M | 1.2x | 124.6x |
| Emeren Group | United States of America | Energy Equipment, Solar | $2 | $92.7M | 1.0x | 34.6x |
| OMS Energy Technologies | United States of America | Fossil Fuels, Energy Equipment | $5 | $84.6M | 0.4x | 1.4x |
| NCS Multistage Holdings | United States of America | Fossil Fuels, Energy Equipment | $37 | $82.9M | 0.5x | 3.5x |
| XCHG | United States of America | Energy Equipment, Electric Vehicles, Machinery, Energy Services | $1 | $59.4M | N/A | N/A |
| Recon Technology | United States of America | Fossil Fuels, Energy Equipment | $1 | $29.3M | 3.0x | -3.2x |
| Turbo Energy | United States of America | Solar, Energy Equipment | $1 | $17.6M | N/A | N/A |
| NET Power | United States of America | Energy Equipment, Machinery | $3 | -$121M | -6768.2x | 0.6x |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 5, 2025. Financial data powered by Morningstar and FactSet.
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