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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 | $672 | $175B | 4.7x | 53.4x |
| SLB | United States of America | Energy Equipment, Fossil Fuels | $39 | $68.1B | 1.9x | 8.0x |
| Baker Hughes | United States of America | Energy Equipment, Fossil Fuels | $47 | $49.6B | 1.8x | 10.4x |
| Halliburton | United States of America | Energy Equipment, Fossil Fuels | $29 | $30.6B | 1.4x | 7.3x |
| First Solar | United States of America | Energy Equipment, Solar | $273 | $28.1B | 5.6x | 13.1x |
| Bloom Energy | United States of America | Energy Equipment, Electrical Parts & Equipment | $95 | $23.4B | 12.5x | 103.4x |
| Sunrun | United States of America | Energy Equipment, Solar | $18 | $18.2B | 7.6x | 75.8x |
| Chart Industries | United States of America | Energy Equipment, Energy Storage, Machinery | $206 | $12.5B | 2.8x | 11.5x |
| Canadian Solar | United States of America | Energy Equipment, Solar | $23 | $7.2B | 1.3x | 11.6x |
| Archrock | United States of America | Energy Equipment, Fossil Fuels | $26 | $7.1B | 4.8x | 8.6x |
| NOV Inc. | United States of America | Energy Equipment, Fossil Fuels | $16 | $7.1B | 0.8x | 7.0x |
| Weatherford | United States of America | Energy Equipment, Fossil Fuels | $81 | $6.6B | 1.3x | 6.2x |
| USA Compression | United States of America | Energy Equipment, Fossil Fuels | $24 | $5.5B | 5.5x | 9.0x |
| NuScale Power | United States of America | Energy Equipment, Nuclear, Energy Exploration & Generation, Machinery | $18 | $5.1B | 118.3x | -9.2x |
| JinkoSolar | United States of America | Energy Equipment, Solar | $26 | $5.0B | 0.5x | 64.4x |
| Itron | United States of America | Energy Equipment, Sensors & Instruments | $96 | $4.3B | 1.8x | 11.8x |
| Plug Power | United States of America | Energy Equipment, Electrical Parts & Equipment | $2 | $4.1B | 5.8x | -6.6x |
| Enphase Energy | United States of America | Energy Equipment, Solar | $32 | $3.9B | 2.7x | 8.7x |
| Cactus | United States of America | Energy Equipment, Fossil Fuels | $46 | $2.8B | 2.6x | 8.0x |
| Array Technologies | United States of America | Energy Equipment, Solar | $9 | $2.3B | 1.8x | 12.2x |
| National Energy Services | United States of America | Fossil Fuels, Energy Equipment | $15 | $1.8B | 1.4x | 6.4x |
| SolarEdge | United States of America | Energy Equipment, Solar | $30 | $1.7B | 1.4x | -8.2x |
| Shoals | United States of America | Energy Equipment, Solar | $9 | $1.6B | 3.5x | 15.4x |
| Power Solutions Intl | United States of America | Energy Equipment | $66 | $1.6B | 2.3x | 14.2x |
| Nano Nuclear Energy | United States of America | Energy Equipment, Nuclear, Machinery | $35 | $1.6B | N/A | -51.0x |
| Innovex International | United States of America | Energy Equipment, Fossil Fuels | $23 | $1.5B | 1.6x | 8.5x |
| American Superconductor | United States of America | Energy Equipment, Machinery | $31 | $1.3B | 4.7x | 58.6x |
| Babcock & Wilcox | United States of America | Energy Equipment | $6 | $1.1B | 1.8x | 21.7x |
| Energy Vault | United States of America | Energy Equipment, Energy Storage | $5 | $939M | 5.1x | -28.4x |
| Core Laboratories | United States of America | Energy Equipment, Fossil Fuels | $16 | $909M | 1.7x | 12.3x |
| Spruce Power | United States of America | Energy Equipment, Solar | $5 | $734M | 8.9x | 40.9x |
| Natural Gas Services Gr | United States of America | Energy Equipment | $33 | $629M | 3.7x | 7.9x |
| Forum Energy Technologies | United States of America | Energy Equipment | $35 | $586M | 0.8x | 6.9x |
| EVgo | United States of America | Energy Equipment, Energy Services, Electric Vehicles | $3 | $515M | 1.4x | -40.2x |
| Oil States International | United States of America | Fossil Fuels, Energy Equipment, Energy Services | $7 | $482M | 0.7x | 5.9x |
| KLX Energy Services Hldgs | United States of America | Fossil Fuels, Energy Equipment | $2 | $338M | 0.5x | 4.6x |
| Wallbox | United States of America | Energy Equipment, Energy Storage, Electric Vehicles | $3 | $269M | 1.5x | -7.1x |
| Smart Sand | United States of America | Fossil Fuels, Energy Equipment | $4 | $195M | 0.6x | 4.9x |
| AirJoule | United States of America | Energy Equipment, Building Products | $3 | $179M | N/A | N/A |
| Geospace Technologies | United States of America | Energy Equipment, Fossil Fuels, Electronic Equipment | $16 | $174M | N/A | N/A |
| DMC Glb | United States of America | Energy Equipment, Advanced Materials, Building Products, Diversified Industrials | $7 | $167M | 0.3x | 3.9x |
| Drilling Tools Intl | United States of America | Fossil Fuels, Energy Equipment | $3 | $167M | 1.1x | 4.5x |
| Tigo Energy | United States of America | Energy Equipment, Solar | $2 | $121M | 1.2x | 59.5x |
| Emeren Group | United States of America | Energy Equipment, Solar | $2 | $103M | 1.1x | 38.5x |
| NCS Multistage Holdings | United States of America | Fossil Fuels, Energy Equipment | $43 | $96.0M | 0.5x | 4.1x |
| OMS Energy Technologies | United States of America | Fossil Fuels, Energy Equipment | $4 | $69.8M | 0.3x | 1.2x |
| XCHG | United States of America | Energy Equipment, Electric Vehicles, Machinery, Energy Services | $1 | $59.0M | N/A | N/A |
| Recon Technology | United States of America | Fossil Fuels, Energy Equipment | $1 | $32.3M | 3.3x | -3.6x |
| Turbo Energy | United States of America | Solar, Energy Equipment | $1 | $17.5M | N/A | N/A |
| NET Power | United States of America | Energy Equipment, Machinery | $3 | -$144M | -11682.2x | 0.8x |
Valuation multiples as of last 12 months (LTM). Stock prices as of December 13, 2025. Financial data powered by Morningstar and FactSet.
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