Baker Hughes Company ("Baker Hughes," "the Company," "we," "us," or "our") is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward. OUR VISION & STRATEGY With our diverse portfolio, leading technology and clear purpose to make energy safer, cleaner and more efficient, Baker Hughes is well positioned to deliver solutions across industrial and energy markets. By integrating health, safety & environment ("HSE") into everything we do, we protect our people, our customers, and the environment. The global energy landscape is undergoing a period of structural transformation, with sustained demand growth driven by population expansion, rising living standards, industrialization, electrification, and the rapid proliferation of digital infrastructure.
| Segment | 2021 | 2022 | 2023 | 2024 | 2025 | % of Total |
|---|---|---|---|---|---|---|
Sales of goods | $12.25B | $12.24B | $15.62B | $17.81B | $18.22B | 33% |
Sales of services | $8.25B | $8.92B | $9.89B | $10.02B | $9.52B | 17% |
Gas Technology Equipment | $3.04B | $2.60B | $4.23B | $5.69B | $6.62B | 12% |
Production Solutions | $3.13B | $3.59B | $3.85B | $3.86B | $3.81B | 7% |
Completions, Intervention, and Measurements | — | $3.56B | $4.17B | $4.15B | $3.75B | 7% |
| Metric | TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Revenue | 27.7B | 27.7B | 27.8B | 25.5B | 21.2B | 20.5B |
| Net Income | 2.6B | 2.6B | 3.0B | 1.9B | -601M | -219M |
| EPS | $2.60 | $2.60 | $2.98 | $1.91 | $-0.61 | $-0.27 |
| Free Cash Flow | 2.5B | 2.5B | 2.1B | 1.8B | 899M | 1.5B |
| ROIC | 12.7% | 13.5% | 14.5% | 9.1% | 3.7% | 4.4% |
| Gross Margin | 48.1% | 48.1% | 48.6% | 47.8% | 50.6% | 49.0% |
| Debt/Equity | 0.36 | 0.36 | 0.36 | 0.40 | 0.51 | 0.46 |
| Dividends/Share | $0.91 | $0.92 | $0.84 | $0.78 | $0.73 | $0.72 |
| Operating Income | 3.1B | 3.1B | 3.1B | 2.3B | 1.2B | 1.3B |
| Operating Margin | 11.0% | 11.0% | 11.1% | 9.1% | 5.6% | 6.4% |
| ROE | 13.7% | 14.5% | 17.6% | 12.6% | -4.2% | -1.5% |
| Shares Outstanding | 995M | 995M | 1,000M | 1,017M | 985M | 811M |
Baker Hughes Co passes 4 of 9 quality checks, suggesting mixed fundamentals.
Baker Hughes Co trades at 24.1x trailing earnings, compared to its 15-year median P/E of 17.3x, suggesting it is currently Fair relative to its historical range. On a free-cash-flow basis, the stock trades at 24.5x vs a median of 17.8x. The company's 5-year average ROIC is 9.0% with a gross margin of 48.8%. Total shareholder yield (dividends + buybacks) is 2.1%. At current prices, the estimated annualized return to fair value is +13.8%.
Baker Hughes Co (BKR) has a current P/E ratio of 24.1, compared to its historical median P/E of 17.3. The stock is currently considered Fair based on its historical valuation range.
Baker Hughes Co (BKR) has a 5-year average return on invested capital (ROIC) of 9.0%. This is below average and may indicate limited pricing power.
Baker Hughes Co (BKR) has a market capitalization of $62.3B. It is classified as a large-cap stock.
Yes, Baker Hughes Co (BKR) pays a dividend with a trailing twelve-month yield of 1.46%. The company also returns capital through share buybacks, with a buyback yield of 0.62%.
Based on historical P/E analysis, Baker Hughes Co (BKR) appears fair. The current P/E of 24.1 is 39% above its historical median of 17.3. The estimated fair value CAGR (P/E method) is 54.4%.
Baker Hughes Co (BKR) operates in the Oil & Gas Field Machinery & Equipment industry, within the Industrials sector.
Baker Hughes Co (BKR) reported annual revenue of $27.7 billion in its most recent fiscal year, based on SEC EDGAR filings.
Baker Hughes Co (BKR) has a net profit margin of 9.3%. This is a modest margin.
Baker Hughes Co (BKR) generated $2.5 billion in free cash flow in its most recent fiscal year. Positive free cash flow supports dividends, buybacks, and debt reduction.
Baker Hughes Co (BKR) has a debt-to-equity ratio of 0.36. This indicates a conservatively financed balance sheet.
Baker Hughes Co (BKR) reported earnings per share (EPS) of $2.60 in its most recent fiscal year.
Baker Hughes Co (BKR) has a return on equity (ROE) of 14.5%. This indicates moderate shareholder returns.
Baker Hughes Co (BKR) has a 5-year average gross margin of 48.8%. This indicates decent pricing power.
The Ledger Terminal provides 11 years of financial data for Baker Hughes Co (BKR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.
Baker Hughes Co (BKR) has a book value per share of $18.92, based on its most recent annual SEC filing.