Baker Hughes Co (BKR)

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company's Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.

Symbol
BKR
Exchange
Nasdaq
Sector
Energy
Industry
Oil & Gas Equipment & Services
Market cap
$55.57B
52 week range
43.92 - 70.41

Valuation

Share price
$56.00 (close of 2026-10-02)
P/E (TTM)
17.90x
Price to book
2.77x
Price to free cash flow
17.77x
Enterprise value
$56.10B
Book value per share
$20.24

Price performance

PeriodChange
1 day+0.68%
5 days-3.16%
1 month-13.35%
3 months+6.10%
6 months-7.25%
Year to date+22.97%
1 year+15.70%
3 years+62.04%
5 years+122.40%
10 years+10.96%
All time+200.59%

Members of Congress who disclosed BKR trades

Gilbert Ray Cisneros · Lisa McClain · Tim Moore

Super investors holding BKR

Dodge & Cox (Dodge & Cox Funds) · Ray Dalio (Bridgewater Associates) · Ken Griffin (Citadel) · First Eagle Investment (First Eagle Investment Management, LLC)

Profitability and growth

Return on equity
13.61%
Return on assets
6.33%
Net margin
9.33%
EBITDA margin
14.53%
Revenue growth
-0.34%
Net income growth
-13.13%
Free cash flow growth
23.52%

Cash flow and balance sheet

Free cash flow yield (TTM)
5.63%
Current ratio
2.09x
Net debt to EBITDA
0.10x

Latest reported year

Period end
2025-12-31
Fiscal year
2025
Revenue
$27.73B
EBITDA
$4.03B
Net income
$2.59B
Earnings per share
$2.62
Research and development
$600.00M
Shares outstanding
987.79M

Income statement by year

Period endRevenueGross profitNet incomeEPS
2025-12-31$27.73B-$2.59B$2.62
2024-12-31$27.83B$6.18B$2.98B$3.00
2023-12-31$25.51B$5.58B$1.94B$1.93
2022-12-31$21.16B$4.25B-$601.00M$-0.61
2021-12-31$20.50B$4.27B-$219.00M$-0.27
2020-12-31$20.70B--$9.94B$-14.73
2019-12-31$23.84B$4.43B$128.00M$0.23
2018-12-31$22.88B$3.99B$195.00M$0.46
2017-12-31$17.18B$3.04B-$103.00M$-0.24
2016-12-31$13.08B$3.15B-$0.00

Margins and returns by year

Period endGross marginNet marginReturn on equityReturn on capital
2025-12-31-9.33%13.61%-
2024-12-3122.21%10.70%17.47%14.32%
2023-12-3121.87%7.62%12.52%8.64%
2022-12-3120.07%-2.84%-4.14%3.17%
2021-12-3120.84%-1.07%-1.31%4.76%
2020-12-31--48.01%-54.49%-101.08%
2019-12-3118.59%0.54%0.37%1.83%
2018-12-3117.42%0.85%0.56%1.37%
2017-12-3117.67%-0.60%-0.27%-0.85%
2016-12-3124.05%0.00%0.00%2.10%

Cash and debt by year

Period endCash
2025-12-31$3.71B
2024-12-31$3.36B
2023-12-31$2.65B
2022-12-31$2.49B
2021-12-31$3.85B
2020-12-31$4.13B
2019-12-31$3.25B
2018-12-31$3.72B
2017-12-31$7.02B
2016-12-31$981.00M

Free cash flow by year

Period endFree cash flowStock-based compensation
2025-12-31$2.54B$203.00M
2024-12-31$2.05B$202.00M
2023-12-31$1.84B$197.00M
2022-12-31$899.00M$207.00M
2021-12-31$1.52B$205.00M
2020-12-31$330.00M$210.00M
2019-12-31$886.00M-
2018-12-31$767.00M-
2017-12-31-$1.46B-
2016-12-31-$162.00M-

Dividend history

Most recent payment
2026-08-07
Paid in the last twelve months
$0.92
Payment dateDividend per share
2026-08-07$0.23
2026-05-05$0.23
2026-02-17$0.23
2025-11-04$0.23
2025-08-05$0.23
2025-05-06$0.23
2025-02-11$0.23
2024-11-04$0.21

Investor relations

Next earnings report

Next confirmed report
2026-10-27
Consensus EPS estimate
$0.63

Past earnings dates

ReportedFiscal periodEPS estimate
2026-07-26Jun/2026$0.51
2026-04-23Mar/2026$0.50
2026-01-25Dec/2025$0.67
2025-10-23Sep/2025$0.61
2025-07-22Jun/2025$0.55
2025-04-22Mar/2025$0.47
2025-01-30Dec/2024$0.63
2025-01-21--

Filings and sources

Company website
bakerhughes.com
SEC filings
10-K, 10-Q and 8-K on EDGAR
Earnings calendar
All upcoming reports

Similar companies

Halliburton Co (HAL) · SLB Limited (SLB) · NOV Inc. (NOV) · Canadian Natural Resources Ltd (CNQ) · Exxon Mobil Corp (XOM) · Magnolia Oil & Gas Corp (MGY) · Chevron Corp (CVX) · Chord Energy Corp (CHRD)

All Energy companies

Understanding these figures

Price-to-earnings ratio · Discounted cash flow · Free cash flow · Earnings per share · Return on equity · Gross margin vs net margin · Reading a balance sheet · Debt and leverage · Dividend yield · Insider transactions and Form 4 · How to read a stock chart

Explore

Company directory · S&P 500 heatmap · Earnings calendar · Super investor holdings · Congress trades