Baker Hughes Co

Baker Hughes Co

BKR · NASDAQ · Energy / Oil & Gas Equipment & Services

49.44USD+0.58 (+1.19%)

Price History

Full chart

Market Stats

Previous Close48.86
Open49.06
Day Range48.46 – 49.58
52-Week Range43.79 – 69.92
Volume5.59M
Market Cap55.60B
P/E (TTM)18.01
Forward P/E17.67
EPS3.11
Dividend Yield1.65%
Beta1.03
50-Day Avg58.79
200-Day Avg60.11

About

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.

Company Details

  • SectorEnergy
  • IndustryOil & Gas Equipment & Services
  • CEOMr. Lorenzo Simonelli
  • Employees54.00K
  • Headquarters575 North Dairy Ashford Road, Houston, TX, United States, 77079-1121, USA
  • Websitehttps://www.bakerhughes.com

Leadership

  • Mr. Lorenzo SimonelliChairman, President & CEO · b. 1973
  • Mr. Ahmed MoghalExecutive VP & CFO · b. 1982
  • Ms. Georgia M. MagnoChief Legal Officer · b. 1979
  • Ms. Maria Claudia BorrasChief Growth & Experience Officer and Interim EVP of Industrial & Energy Technology · b. 1969
  • Mr. Amerino GattiExecutive Vice President of Oilfield Services & Equipment · b. 1972
  • Ms. Rebecca L. CharltonSenior VP, Controller & Chief Accounting Officer · b. 1979
  • Mr. Chase MulvehillVice President of Investor Relations
  • Mr. Fernando ContrerasVP, Chief Compliance Officer & Corporate Secretary
  • Adrienne M.. LynchVice President of Brand & External Communications
  • Mr. Muzzamil Khider AhmedChief People & Culture Officer

Financials

Income Statement

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue19.19B16.69B13.27B17.18B22.88B23.84B20.70B20.50B21.16B25.51B27.83B27.73B
Growth (%)--13.04%-20.49%+29.47%+33.17%+4.20%-13.14%-0.98%+3.19%+20.56%+9.11%-0.34%
Cost of Revenue14.28B12.19B10.12B14.14B18.89B19.41B16.97B15.96B16.20B20.25B21.35B21.19B
Gross Profit4.91B4.50B3.15B3.04B3.99B4.43B3.73B4.54B4.96B5.25B6.48B6.54B
Gross Margin25.59%26.94%23.71%17.67%17.42%18.59%18.03%22.15%23.43%20.59%23.30%23.60%
Operating Expense2.40B4.63B2.69B3.32B3.29B3.36B3.06B3.23B3.07B2.93B3.10B2.99B
Operating Income2.51B-138.00M457.00M-284.00M701.00M1.07B672.00M1.31B1.89B2.32B3.38B3.56B
Operating Margin13.07%-0.83%3.44%-1.65%3.06%4.51%3.25%6.39%8.93%9.08%12.15%12.83%
EBITDA3.10B492.00M1.24B888.00M2.25B2.41B1.99B1.83B1.33B2.32B4.60B4.29B
EBITDA Margin16.13%2.95%9.31%5.17%9.84%10.10%9.61%8.94%6.31%9.08%16.53%15.46%
Net Income1.84B-606.00M254.00M-61.00M195.00M128.00M-9.94B-219.00M-601.00M1.94B2.98B2.59B
Net Income Margin9.59%-3.63%1.91%-0.36%0.85%0.54%-48.01%-1.07%-2.84%7.62%10.70%9.33%
R&D420.00M408.00M352.00M501.00M700.00M687.00M595.00M492.00M556.00M658.00M643.00M600.00M
R&D as % of Total Revenue2.19%2.44%2.65%2.92%3.06%2.88%2.87%2.40%2.63%2.58%2.31%2.16%
Interest Expense232.00M120.00M102.00M131.00M223.00M237.00M264.00M299.00M252.00M216.00M198.00M222.00M
Interest Expense % of Total Revenue1.21%0.72%0.77%0.76%0.97%0.99%1.28%1.46%1.19%0.85%0.71%0.80%

Balance Sheet

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets-23.13B21.72B56.50B52.44B53.37B38.03B35.35B34.18B36.95B38.36B40.88B
Total Liabilities-8.59B6.87B18.09B17.43B18.87B19.77B18.56B19.66B21.43B21.31B21.87B
Total Equity-14.54B14.86B14.28B17.46B21.93B12.89B14.83B14.39B15.37B16.89B18.83B
Cash-1.43B981.00M7.03B3.72B3.25B4.13B3.85B2.49B2.65B3.36B3.71B
Total Debt-4.39B3.13B8.35B7.33B6.62B7.63B6.73B6.66B6.02B6.02B7.14B
Net Debt--921.00M-704.00M1.32B3.61B3.37B3.50B2.87B4.17B3.38B2.66B3.43B

Cash Flow

Currency: USD2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow1.89B1.28B262.00M-799.00M1.76B2.13B1.30B2.37B1.89B3.06B3.33B3.81B
Investing Cash Flow-836.00M-466.00M-472.00M-4.12B-578.00M-1.04B-618.00M-463.00M-1.56B-817.00M-1.02B-2.04B
Financing Cash Flow-388.00M-515.00M-102.00M10.92B-4.36B-1.53B225.00M-2.14B-1.59B-2.03B-1.53B-1.48B
Capital Expenditure583.00M607.00M424.00M665.00M995.00M976.00M787.00M541.00M772.00M1.14B1.28B1.27B
Free Cash Flow1.30B670.00M-162.00M-1.46B767.00M1.15B517.00M1.83B1.12B3.06B2.05B2.54B
Dividends Paid279.00M297.00M293.00M155.00M315.00M395.00M744.00M749.00M743.00M786.00M836.00M910.00M
FCF to OCF69.10%52.47%-61.83%183.23%43.53%54.09%39.65%77.21%59.11%100.00%61.64%66.59%
Dividend Paid to FCF21.40%44.33%-180.86%-10.59%41.07%34.35%143.91%40.86%66.58%25.67%40.70%35.87%

Earnings

Report DateApr 24, 1996Jul 24, 1996Nov 13, 1996Jan 22, 1997Apr 23, 1997Jul 23, 1997Oct 27, 1997Jan 26, 1998Apr 27, 1998Jul 24, 1998Nov 2, 1998Feb 1, 1999May 4, 1999Aug 2, 1999Nov 1, 1999Feb 17, 2000Apr 26, 2000Jul 31, 2000Oct 30, 2000Feb 15, 2001Apr 25, 2001Jul 26, 2001Oct 26, 2001Feb 14, 2002Apr 23, 2002Jul 25, 2002Oct 24, 2002Feb 13, 2003Apr 22, 2003Jul 24, 2003Oct 23, 2003Feb 12, 2004Apr 27, 2004Jul 29, 2004Oct 28, 2004Feb 17, 2005Apr 27, 2005Jul 29, 2005Oct 28, 2005Feb 16, 2006Apr 26, 2006Jul 28, 2006Oct 30, 2006Feb 15, 2007Apr 25, 2007Jul 27, 2007Oct 26, 2007Jan 30, 2008Apr 22, 2008Jul 22, 2008Oct 22, 2008Jan 28, 2009Apr 29, 2009Aug 5, 2009Nov 4, 2009Jan 26, 2010May 4, 2010Aug 3, 2010Nov 1, 2010Jan 25, 2011Apr 27, 2011Jul 25, 2011Nov 1, 2011Jan 24, 2012Apr 24, 2012Jul 20, 2012Oct 19, 2012Jan 23, 2013Apr 19, 2013Jul 19, 2013Oct 18, 2013Jan 21, 2014Apr 17, 2014Jul 17, 2014Oct 16, 2014Jan 20, 2015Apr 21, 2015Jul 21, 2015Oct 21, 2015Jan 28, 2016Apr 27, 2016Jul 28, 2016Oct 25, 2016Jan 26, 2017Apr 25, 2017Jul 28, 2017Oct 20, 2017Jan 24, 2018Apr 20, 2018Jul 20, 2018Oct 30, 2018Jan 31, 2019Apr 30, 2019Jul 31, 2019Oct 30, 2019Jan 22, 2020Apr 22, 2020Jul 22, 2020Oct 21, 2020Jan 21, 2021Apr 21, 2021Jul 21, 2021Oct 20, 2021Jan 20, 2022Apr 20, 2022Jul 20, 2022Oct 19, 2022Jan 23, 2023Apr 19, 2023Jul 19, 2023Oct 25, 2023Jan 23, 2024Apr 23, 2024Jul 25, 2024Oct 22, 2024Jan 30, 2025Apr 22, 2025Jul 22, 2025Oct 23, 2025Jan 25, 2026Apr 23, 2026Jul 26, 2026Oct 22, 2026Oct 27, 2026
EPS Estimate0.260.300.360.330.390.450.480.440.460.450.180.180.120.060.03-0.03-0.070.140.230.230.270.340.350.210.210.210.250.140.200.240.280.250.310.390.460.510.540.670.730.790.981.081.191.101.091.221.281.201.241.351.260.760.460.350.350.380.430.470.650.780.911.221.320.800.770.840.610.620.650.780.610.780.901.131.070.46-0.14-0.14-0.10-0.34-0.62-0.44-0.11-0.21-0.120.120.140.060.140.210.270.140.190.240.310.11-0.010.040.160.120.160.210.290.200.220.250.400.260.330.400.480.400.490.610.630.470.550.620.670.490.510.610.63
EPS Actual0.290.310.380.350.400.480.510.460.460.460.200.140.130.060.030.030.060.120.210.240.250.310.400.390.220.210.260.250.140.240.270.320.290.350.410.530.530.640.650.750.931.071.091.091.171.091.221.261.211.361.291.490.820.410.260.430.430.360.590.840.870.931.181.220.861.000.730.620.650.610.900.620.840.921.021.44-0.07-0.14-0.05-0.21-0.19-0.90-0.15-0.30-0.24-0.110.050.150.090.100.190.260.150.200.210.270.11-0.050.04-0.070.120.100.160.250.150.110.260.380.280.390.420.510.430.570.670.700.510.630.680.780.580.64--
Surprise11.54%3.33%5.56%6.06%2.56%6.67%6.25%4.55%0.00%2.22%11.11%-22.22%8.33%0.00%0.00%200.00%-71.43%50.00%4.35%8.70%14.81%17.65%11.43%4.76%0.00%23.81%0.00%0.00%20.00%12.50%14.29%16.00%12.90%5.13%15.22%3.92%18.52%-2.99%2.74%17.72%9.18%0.93%-8.40%6.36%0.00%0.00%-1.56%0.83%9.68%-4.44%18.25%7.89%-10.87%-25.71%22.86%13.16%-16.28%25.53%29.23%11.54%2.20%-3.28%-7.58%7.50%29.87%-13.10%1.64%4.84%-6.15%15.38%1.64%7.69%2.22%-9.73%34.58%-115.22%0.00%64.29%-110.00%44.12%-45.16%65.91%-172.73%-14.29%8.33%-58.33%7.14%50.00%-28.57%-9.52%-3.70%7.14%5.26%-12.50%-12.90%0.00%-400.00%0.00%-143.75%0.00%-37.50%-23.81%-13.79%-25.00%-50.00%4.00%-5.00%7.69%18.18%5.00%6.25%7.50%16.33%9.84%11.11%8.51%14.55%9.68%16.42%18.37%25.49%--
Timing-----Pre-marketPre-marketPre-marketPre-market-----------------------------------------------------------------Pre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap55.60B
Enterprise Value55.98B
Trailing P/E18.01
Forward P/E17.67
PEG Ratio1.59
Price / Sales2.01
Price / Book2.79
EPS3.11
Book Value20.06
Revenue (TTM)27.73B
Gross Profit (TTM)6.56B
EBITDA4.84B
Profit Margin11.17%
Operating Margin12.83%
Return on Equity16.46%
Return on Assets4.85%
Shares Outstanding992.67M
Shares Float990.64M
Beta1.03
Dividend Yield1.65%
Dividend Rate0.92
Payout Ratio34.33%

Analyst Ratings

Buy
Based on 25 analystsTarget 70.63
  • Strong Buy
    15
  • Buy
    5
  • Hold
    4
  • Strong Sell
    1

Ownership Breakdown

Institutions
100.17%
Insiders
0.15%
Retail / Other
0.00%

Top Institutional Holders

  • BlackRock Inc
    99.12M9.98%
  • JPMorgan Chase & Co
    69.94M7.05%
  • Vanguard Capital Management, LLC
    64.83M6.53%
  • State Street Corp
    64.58M6.51%
  • Vanguard Portfolio Management, LLC
    49.05M4.94%
  • Capital World Investors
    47.48M4.78%
  • Amvescap Plc.
    35.34M3.56%
  • Dodge & Cox
    34.85M3.51%
  • Geode Capital Management, LLC
    27.33M2.75%
  • Capital Research Global Investors
    22.03M2.22%
  • NORGES BANK
    20.40M2.05%
  • DZ BANK AG Deutsche Zentral-Genossenschaftsbank Frankfurt am Main
    17.74M1.79%
  • T. Rowe Price Associates, Inc.
    13.58M1.37%

Top Fund Holders

  • Vanguard MStar Total Stk Mkt Idx Invest
    31.51M3.17%
  • Vanguard 500 Index Investor
    26.07M2.63%
  • Dodge & Cox Stock I
    23.87M2.40%
  • Vanguard MStar Mid Cap Index Instl
    21.26M2.14%
  • State Street®EngySelSectSPDR®ETF
    20.75M2.09%
  • Invesco QQQ Trust
    20.74M2.09%
  • iShares Core S&P 500 ETF
    13.23M1.33%

Dividends

20264×
0.23Nov 10, 20260.23Aug 7, 20260.23May 5, 20260.23Feb 17, 2026
20254×
0.23Nov 4, 20250.23Aug 5, 20250.23May 6, 20250.23Feb 11, 2025
20244×
0.21Nov 4, 20240.21Aug 6, 20240.21May 3, 20240.21Feb 12, 2024
20234×
0.20Nov 3, 20230.20Aug 7, 20230.19May 26, 20230.19Feb 3, 2023
20224×
0.19Nov 4, 20220.18Aug 8, 20220.18May 27, 20220.18Feb 4, 2022
20214×
0.18Nov 1, 20210.18Aug 9, 20210.18May 24, 20210.18Feb 8, 2021