Skip to content
Industry
This is research, not advice. We’re not SEBI-registered.

Baker Hughes share price today

Baker Hughes Company · BKR · Energy · Oil & Gas Equipment & Services · price as of the 4 November 2026 close, updated every trading day · results updated weekly · All US stock lists

Baker Hughes share price: $49.88 at the close on 4 November 2026, +4.2% in a year.

MixedBusiness trend from the last 12 quarters
$49.88Price +4.2% in a year
17.1×P/E lower than 67% of the last 4.6 years
$6.7 BRevenue (Jun 2026) −2.4% on a year ago
$681 MProfit (Jun 2026) −2.9% on a year ago
12.8%Operating margin flat on a year ago
14%ROE FY25
12.1%ROIC against a 8.3% cost of capital: +3.8 points

Baker Hughes Company's P/E is near the low end of its own history, higher than only 33% of past readings, and its quarterly results are still getting worse.

The main question: the P/E is near the low end of its own history, higher than only 33% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.

The price has been moving sideways for 8 weeks, and the P/E is lower than 67% of its own last 4.6 years. Over the last four quarters, results have been deteriorating, with profit −2.9% on a year earlier, and 136% of the last 3 years' profit came in as cash. What will decide it: whether results start to improve.

What is the Baker Hughes share price today?

Baker Hughes Company's share price was $49.88 at the close on 4 November 2026. It has been moving sideways for 8 weeks. That is 17.2% below its average price over the last 200 trading days. In the last 52 weeks it traded between $45 and $69, and at that close it sat 21% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Baker Hughes Company is in stage 1. The phase helps read everything below.

Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 5 weeks running.

1Y

Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.

  • Price $49.88
  • 50-day avg $57.52
  • 200-day avg $60.25
Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.
WeekPrice50-day avg200-day avg
31 Oct 2025$48.41$46.97$42.66
7 Nov 2025$47.87$47.23$42.69
14 Nov 2025$48.73$47.51$42.80
21 Nov 2025$48.88$47.71$42.82
28 Nov 2025$50.20$47.93$42.87
5 Dec 2025$49.20$48.05$42.96
12 Dec 2025$46.86$47.87$43.04
19 Dec 2025$44.71$47.56$43.09
26 Dec 2025$45.25$47.59$43.16
2 Jan 2026$47.14$47.61$43.22
9 Jan 2026$49.97$47.80$43.34
16 Jan 2026$51.75$48.02$43.49
23 Jan 2026$53.92$48.46$43.78
30 Jan 2026$56.04$49.29$44.26
6 Feb 2026$58.92$50.24$44.75
13 Feb 2026$61.20$51.31$45.36
20 Feb 2026$62.21$52.28$45.86
27 Feb 2026$65.26$54.01$46.56
6 Mar 2026$59.81$55.67$47.16
13 Mar 2026$54.26$56.90$47.68
20 Mar 2026$60.35$57.92$48.20
27 Mar 2026$63.22$59.26$48.82
2 Apr 2026$60.38$59.94$49.26
10 Apr 2026$62.83$60.61$49.85
17 Apr 2026$59.78$60.97$50.41
24 Apr 2026$68.94$61.35$51.00
1 May 2026$69.12$62.09$51.73
8 May 2026$63.89$62.31$52.37
15 May 2026$64.12$62.51$52.84
22 May 2026$66.06$63.23$53.39
29 May 2026$63.88$63.93$53.83
5 Jun 2026$62.59$64.14$54.36
12 Jun 2026$63.14$64.35$54.85
18 Jun 2026$58.41$64.29$55.15
26 Jun 2026$56.56$63.84$55.45
2 Jul 2026$52.78$63.41$55.61
10 Jul 2026$57.56$62.37$55.83
17 Jul 2026$55.95$61.18$56.01
24 Jul 2026$57.25$60.34$56.20
31 Jul 2026$60.49$59.78$56.52
7 Aug 2026$61.55$59.38$56.93
14 Aug 2026$64.82$59.40$57.35
21 Aug 2026$62.34$59.38$57.74
28 Aug 2026$62.41$59.37$58.11
4 Sep 2026$63.50$59.96$58.50
11 Sep 2026$59.06$60.44$58.76
18 Sep 2026$57.25$60.60$58.94
25 Sep 2026$57.83$60.63$59.14
2 Oct 2026$56.00$60.62$59.35
9 Oct 2026$56.70$60.38$59.64
16 Oct 2026$55.70$59.79$59.90
23 Oct 2026$55.86$58.97$60.08
30 Oct 2026$55.23$58.13$60.24
4 Nov 2026$49.88$57.52$60.25
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 1-year window.

3Y

Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.

  • Price $49.88
  • 50-day avg $57.52
  • 200-day avg $60.25
Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.
WeekPrice50-day avg200-day avg
3 Nov 2023$35.19$35.50$32.09
10 Nov 2023$34.34$35.32$32.17
17 Nov 2023$33.71$35.03$32.24
24 Nov 2023$33.89$34.80$32.27
1 Dec 2023$33.79$34.58$32.30
8 Dec 2023$32.24$34.23$32.35
15 Dec 2023$33.58$34.10$32.40
22 Dec 2023$34.12$34.05$32.46
29 Dec 2023$34.18$33.97$32.59
5 Jan 2024$33.42$33.87$32.71
12 Jan 2024$31.52$33.57$32.82
19 Jan 2024$30.70$33.22$32.86
26 Jan 2024$30.48$32.88$32.90
2 Feb 2024$28.99$32.39$32.90
9 Feb 2024$29.06$31.92$32.88
16 Feb 2024$29.15$31.48$32.89
23 Feb 2024$29.89$31.26$32.92
1 Mar 2024$29.96$30.91$32.97
8 Mar 2024$30.60$30.52$33.03
15 Mar 2024$32.32$30.29$33.12
22 Mar 2024$33.44$30.37$33.22
28 Mar 2024$33.50$30.54$33.28
5 Apr 2024$34.31$30.84$33.38
12 Apr 2024$33.05$31.26$33.46
19 Apr 2024$32.60$31.59$33.49
26 Apr 2024$32.84$31.96$33.47
3 May 2024$31.92$32.28$33.41
10 May 2024$32.34$32.53$33.33
17 May 2024$33.46$32.80$33.27
24 May 2024$32.37$32.90$33.19
31 May 2024$33.48$32.88$33.13
7 Jun 2024$31.64$32.73$33.05
14 Jun 2024$31.09$32.56$32.96
21 Jun 2024$32.93$32.42$32.88
28 Jun 2024$35.17$32.62$32.82
5 Jul 2024$34.22$32.78$32.78
12 Jul 2024$34.50$32.90$32.74
19 Jul 2024$35.93$33.30$32.75
26 Jul 2024$37.65$33.65$32.80
2 Aug 2024$35.74$34.11$32.87
9 Aug 2024$35.07$34.36$32.86
16 Aug 2024$34.94$34.63$32.86
23 Aug 2024$35.22$34.90$32.86
30 Aug 2024$35.17$35.22$32.89
6 Sep 2024$33.94$35.21$32.89
13 Sep 2024$33.40$35.07$32.87
20 Sep 2024$36.04$35.18$32.91
27 Sep 2024$36.18$35.20$33.00
4 Oct 2024$37.93$35.36$33.10
11 Oct 2024$37.70$35.31$33.19
18 Oct 2024$36.40$35.51$33.25
25 Oct 2024$37.52$35.69$33.36
1 Nov 2024$37.85$35.98$33.53
8 Nov 2024$43.02$36.57$33.79
15 Nov 2024$42.94$37.48$34.14
22 Nov 2024$44.25$38.54$34.50
29 Nov 2024$43.95$39.24$34.80
6 Dec 2024$41.31$39.92$35.13
13 Dec 2024$42.15$40.44$35.44
20 Dec 2024$40.32$40.73$35.70
27 Dec 2024$40.80$41.02$35.89
3 Jan 2025$42.66$41.43$36.07
10 Jan 2025$43.26$41.91$36.27
17 Jan 2025$46.54$42.71$36.58
24 Jan 2025$45.55$43.04$36.81
31 Jan 2025$46.18$43.11$37.08
7 Feb 2025$46.20$43.47$37.46
14 Feb 2025$46.40$43.78$37.80
21 Feb 2025$45.62$44.10$38.09
28 Feb 2025$44.59$44.32$38.39
7 Mar 2025$42.89$44.52$38.63
14 Mar 2025$42.84$44.65$38.87
21 Mar 2025$44.11$44.84$39.16
28 Mar 2025$43.08$44.81$39.47
4 Apr 2025$35.41$44.38$39.72
11 Apr 2025$37.93$43.66$39.81
17 Apr 2025$38.91$42.91$39.88
25 Apr 2025$36.45$41.93$39.95
2 May 2025$37.10$40.88$39.98
9 May 2025$36.49$40.09$39.99
16 May 2025$37.79$39.57$40.01
23 May 2025$36.74$39.07$40.04
30 May 2025$37.05$38.54$40.08
6 Jun 2025$37.90$37.83$40.14
13 Jun 2025$39.04$37.31$40.24
20 Jun 2025$39.00$37.50$40.32
27 Jun 2025$38.06$37.51$40.42
3 Jul 2025$39.64$37.57$40.54
11 Jul 2025$40.70$37.93$40.66
18 Jul 2025$39.72$38.23$40.74
25 Jul 2025$46.05$38.86$40.89
1 Aug 2025$43.51$39.61$41.08
8 Aug 2025$43.29$40.28$41.25
15 Aug 2025$42.80$40.83$41.40
22 Aug 2025$44.76$41.34$41.55
29 Aug 2025$45.40$41.92$41.64
5 Sep 2025$45.58$42.52$41.68
12 Sep 2025$46.49$43.29$41.75
19 Sep 2025$47.34$44.02$41.83
26 Sep 2025$50.52$45.01$41.99
3 Oct 2025$48.50$45.71$42.17
10 Oct 2025$45.04$45.90$42.34
17 Oct 2025$45.18$46.04$42.45
24 Oct 2025$47.30$46.48$42.57
31 Oct 2025$48.41$46.97$42.66
7 Nov 2025$47.87$47.23$42.69
14 Nov 2025$48.73$47.51$42.80
21 Nov 2025$48.88$47.71$42.82
28 Nov 2025$50.20$47.93$42.87
5 Dec 2025$49.20$48.05$42.96
12 Dec 2025$46.86$47.87$43.04
19 Dec 2025$44.71$47.56$43.09
26 Dec 2025$45.25$47.59$43.16
2 Jan 2026$47.14$47.61$43.22
9 Jan 2026$49.97$47.80$43.34
16 Jan 2026$51.75$48.02$43.49
23 Jan 2026$53.92$48.46$43.78
30 Jan 2026$56.04$49.29$44.26
6 Feb 2026$58.92$50.24$44.75
13 Feb 2026$61.20$51.31$45.36
20 Feb 2026$62.21$52.28$45.86
27 Feb 2026$65.26$54.01$46.56
6 Mar 2026$59.81$55.67$47.16
13 Mar 2026$54.26$56.90$47.68
20 Mar 2026$60.35$57.92$48.20
27 Mar 2026$63.22$59.26$48.82
2 Apr 2026$60.38$59.94$49.26
10 Apr 2026$62.83$60.61$49.85
17 Apr 2026$59.78$60.97$50.41
24 Apr 2026$68.94$61.35$51.00
1 May 2026$69.12$62.09$51.73
8 May 2026$63.89$62.31$52.37
15 May 2026$64.12$62.51$52.84
22 May 2026$66.06$63.23$53.39
29 May 2026$63.88$63.93$53.83
5 Jun 2026$62.59$64.14$54.36
12 Jun 2026$63.14$64.35$54.85
18 Jun 2026$58.41$64.29$55.15
26 Jun 2026$56.56$63.84$55.45
2 Jul 2026$52.78$63.41$55.61
10 Jul 2026$57.56$62.37$55.83
17 Jul 2026$55.95$61.18$56.01
24 Jul 2026$57.25$60.34$56.20
31 Jul 2026$60.49$59.78$56.52
7 Aug 2026$61.55$59.38$56.93
14 Aug 2026$64.82$59.40$57.35
21 Aug 2026$62.34$59.38$57.74
28 Aug 2026$62.41$59.37$58.11
4 Sep 2026$63.50$59.96$58.50
11 Sep 2026$59.06$60.44$58.76
18 Sep 2026$57.25$60.60$58.94
25 Sep 2026$57.83$60.63$59.14
2 Oct 2026$56.00$60.62$59.35
9 Oct 2026$56.70$60.38$59.64
16 Oct 2026$55.70$59.79$59.90
23 Oct 2026$55.86$58.97$60.08
30 Oct 2026$55.23$58.13$60.24
4 Nov 2026$49.88$57.52$60.25
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 3-year window.

5Y

Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.

  • Price $49.88
  • 50-day avg $57.52
  • 200-day avg $60.25
Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.
WeekPrice50-day avg200-day avg
29 Oct 2021$25.08$24.31$23.01
12 Nov 2021$24.36$24.84$23.18
26 Nov 2021$23.06$24.84$23.27
10 Dec 2021$25.44$24.87$23.29
23 Dec 2021$24.22$24.61$23.27
7 Jan 2022$26.12$24.46$23.38
21 Jan 2022$27.24$24.72$23.61
4 Feb 2022$26.59$25.36$23.97
18 Feb 2022$29.11$26.25$24.35
4 Mar 2022$33.22$27.27$24.56
18 Mar 2022$35.29$29.42$25.08
1 Apr 2022$36.42$31.54$25.67
14 Apr 2022$37.29$33.19$26.26
29 Apr 2022$31.02$34.23$26.80
13 May 2022$34.11$34.73$27.37
27 May 2022$37.18$34.82$28.09
10 Jun 2022$35.23$34.79$28.79
24 Jun 2022$28.47$33.75$29.14
8 Jul 2022$28.47$32.73$29.36
22 Jul 2022$24.08$31.75$29.45
5 Aug 2022$24.06$29.80$29.39
19 Aug 2022$25.16$27.37$29.37
2 Sep 2022$25.28$26.15$29.42
16 Sep 2022$23.80$25.39$29.47
30 Sep 2022$20.96$24.38$29.35
14 Oct 2022$22.91$24.03$29.29
28 Oct 2022$27.24$24.25$29.31
11 Nov 2022$31.02$24.99$29.43
25 Nov 2022$28.50$25.84$29.53
9 Dec 2022$27.11$27.09$29.51
23 Dec 2022$29.10$28.29$29.34
6 Jan 2023$29.96$28.90$29.07
20 Jan 2023$31.07$29.43$28.79
3 Feb 2023$31.37$29.66$28.52
17 Feb 2023$30.59$30.33$28.54
3 Mar 2023$32.28$30.78$28.47
17 Mar 2023$26.92$30.84$28.14
31 Mar 2023$28.86$30.24$27.71
14 Apr 2023$29.15$29.87$27.68
28 Apr 2023$29.24$29.34$27.75
12 May 2023$27.66$28.74$27.85
26 May 2023$27.89$28.40$28.02
9 Jun 2023$30.01$28.78$28.21
23 Jun 2023$29.77$28.96$28.41
7 Jul 2023$33.11$29.29$28.72
21 Jul 2023$35.43$30.56$29.36
4 Aug 2023$35.52$32.09$29.98
18 Aug 2023$35.26$33.39$30.43
1 Sep 2023$36.81$34.51$30.74
15 Sep 2023$36.16$35.54$31.08
29 Sep 2023$35.32$35.84$31.45
13 Oct 2023$34.85$35.60$31.72
27 Oct 2023$34.81$35.52$31.99
10 Nov 2023$34.34$35.32$32.17
24 Nov 2023$33.89$34.80$32.27
8 Dec 2023$32.24$34.23$32.35
22 Dec 2023$34.12$34.05$32.46
5 Jan 2024$33.42$33.87$32.71
19 Jan 2024$30.70$33.22$32.86
2 Feb 2024$28.99$32.39$32.90
16 Feb 2024$29.15$31.48$32.89
1 Mar 2024$29.96$30.91$32.97
15 Mar 2024$32.32$30.29$33.12
28 Mar 2024$33.50$30.54$33.28
12 Apr 2024$33.05$31.26$33.46
26 Apr 2024$32.84$31.96$33.47
10 May 2024$32.34$32.53$33.33
24 May 2024$32.37$32.90$33.19
7 Jun 2024$31.64$32.73$33.05
21 Jun 2024$32.93$32.42$32.88
5 Jul 2024$34.22$32.78$32.78
19 Jul 2024$35.93$33.30$32.75
2 Aug 2024$35.74$34.11$32.87
16 Aug 2024$34.94$34.63$32.86
30 Aug 2024$35.17$35.22$32.89
13 Sep 2024$33.40$35.07$32.87
27 Sep 2024$36.18$35.20$33.00
11 Oct 2024$37.70$35.31$33.19
25 Oct 2024$37.52$35.69$33.36
8 Nov 2024$43.02$36.57$33.79
22 Nov 2024$44.25$38.54$34.50
6 Dec 2024$41.31$39.92$35.13
20 Dec 2024$40.32$40.73$35.70
3 Jan 2025$42.66$41.43$36.07
17 Jan 2025$46.54$42.71$36.58
31 Jan 2025$46.18$43.11$37.08
14 Feb 2025$46.40$43.78$37.80
28 Feb 2025$44.59$44.32$38.39
14 Mar 2025$42.84$44.65$38.87
28 Mar 2025$43.08$44.81$39.47
11 Apr 2025$37.93$43.66$39.81
25 Apr 2025$36.45$41.93$39.95
9 May 2025$36.49$40.09$39.99
23 May 2025$36.74$39.07$40.04
6 Jun 2025$37.90$37.83$40.14
20 Jun 2025$39.00$37.50$40.32
3 Jul 2025$39.64$37.57$40.54
18 Jul 2025$39.72$38.23$40.74
1 Aug 2025$43.51$39.61$41.08
15 Aug 2025$42.80$40.83$41.40
29 Aug 2025$45.40$41.92$41.64
12 Sep 2025$46.49$43.29$41.75
26 Sep 2025$50.52$45.01$41.99
10 Oct 2025$45.04$45.90$42.34
24 Oct 2025$47.30$46.48$42.57
7 Nov 2025$47.87$47.23$42.69
21 Nov 2025$48.88$47.71$42.82
5 Dec 2025$49.20$48.05$42.96
19 Dec 2025$44.71$47.56$43.09
2 Jan 2026$47.14$47.61$43.22
16 Jan 2026$51.75$48.02$43.49
30 Jan 2026$56.04$49.29$44.26
13 Feb 2026$61.20$51.31$45.36
27 Feb 2026$65.26$54.01$46.56
13 Mar 2026$54.26$56.90$47.68
27 Mar 2026$63.22$59.26$48.82
10 Apr 2026$62.83$60.61$49.85
24 Apr 2026$68.94$61.35$51.00
8 May 2026$63.89$62.31$52.37
22 May 2026$66.06$63.23$53.39
5 Jun 2026$62.59$64.14$54.36
18 Jun 2026$58.41$64.29$55.15
2 Jul 2026$52.78$63.41$55.61
17 Jul 2026$55.95$61.18$56.01
31 Jul 2026$60.49$59.78$56.52
14 Aug 2026$64.82$59.40$57.35
28 Aug 2026$62.41$59.37$58.11
11 Sep 2026$59.06$60.44$58.76
25 Sep 2026$57.83$60.63$59.14
9 Oct 2026$56.70$60.38$59.64
23 Oct 2026$55.86$58.97$60.08
4 Nov 2026$49.88$57.52$60.25
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 5-year window.

10Y

Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.

  • Price $49.88
  • 50-day avg $57.52
  • 200-day avg $60.25
Nov 2026: $49.88, 17.2% below its 200-day average. The price has been moving sideways for 8 weeks.
WeekPrice50-day avg200-day avg
7 Jul 2017$37.91––
28 Jul 2017$37.10––
18 Aug 2017$32.77––
8 Sep 2017$34.42––
29 Sep 2017$36.62$35.13–
20 Oct 2017$33.26$34.99–
10 Nov 2017$32.95$34.50–
1 Dec 2017$30.70$32.99–
22 Dec 2017$32.23$31.44–
12 Jan 2018$37.20$31.90–
2 Feb 2018$31.05$32.43–
23 Feb 2018$28.03$31.53–
16 Mar 2018$30.92$30.69–
6 Apr 2018$29.58$29.02–
27 Apr 2018$36.00$30.13$32.55
18 May 2018$35.87$32.68$32.54
8 Jun 2018$34.70$34.06$32.60
29 Jun 2018$33.03$34.75$32.52
20 Jul 2018$32.00$34.03$32.24
10 Aug 2018$34.75$33.55$32.25
31 Aug 2018$32.97$33.30$32.32
21 Sep 2018$32.90$32.97$32.43
12 Oct 2018$30.85$32.74$32.53
2 Nov 2018$26.07$31.27$32.07
23 Nov 2018$22.46$28.96$31.55
14 Dec 2018$21.45$25.99$31.22
4 Jan 2019$21.96$23.41$30.67
25 Jan 2019$23.49$22.39$30.25
15 Feb 2019$25.83$22.85$29.53
8 Mar 2019$25.73$24.29$28.86
29 Mar 2019$27.72$25.86$28.32
18 Apr 2019$25.60$26.62$27.87
10 May 2019$22.32$26.19$27.22
31 May 2019$21.41$24.89$26.39
21 Jun 2019$25.17$23.62$25.66
12 Jul 2019$25.01$23.40$25.15
2 Aug 2019$24.08$23.78$24.55
23 Aug 2019$20.88$23.78$24.11
13 Sep 2019$22.72$23.32$24.01
4 Oct 2019$22.47$22.99$24.11
25 Oct 2019$22.38$22.50$24.14
15 Nov 2019$22.69$22.57$24.03
6 Dec 2019$22.21$22.23$23.82
27 Dec 2019$25.49$22.77$23.65
17 Jan 2020$23.61$23.50$23.45
7 Feb 2020$22.45$23.48$23.16
28 Feb 2020$16.09$22.80$22.91
20 Mar 2020$10.00$19.20$22.22
9 Apr 2020$12.86$15.86$21.38
1 May 2020$13.70$13.36$20.53
22 May 2020$15.12$12.82$19.79
12 Jun 2020$15.94$14.51$19.44
2 Jul 2020$15.41$15.36$18.93
24 Jul 2020$16.37$15.84$18.36
14 Aug 2020$17.23$16.04$17.93
4 Sep 2020$14.53$15.69$17.42
25 Sep 2020$13.13$15.41$16.86
16 Oct 2020$13.14$14.53$15.98
6 Nov 2020$15.57$14.02$15.27
27 Nov 2020$19.78$15.19$15.03
18 Dec 2020$21.17$17.57$15.25
8 Jan 2021$22.47$19.60$15.90
29 Jan 2021$20.09$21.21$16.61
19 Feb 2021$23.40$21.96$17.23
12 Mar 2021$24.37$22.78$17.96
1 Apr 2021$21.73$22.80$18.33
23 Apr 2021$20.01$22.45$18.71
14 May 2021$25.10$22.02$19.22
4 Jun 2021$26.02$22.53$19.83
25 Jun 2021$23.55$23.58$20.55
16 Jul 2021$20.60$24.13$21.13
6 Aug 2021$21.19$22.88$21.70
27 Aug 2021$23.07$21.74$22.17
17 Sep 2021$23.94$21.88$22.51
8 Oct 2021$25.24$22.94$22.72
29 Oct 2021$25.08$24.31$23.01
19 Nov 2021$22.55$24.93$23.25
10 Dec 2021$25.44$24.87$23.29
31 Dec 2021$24.06$24.39$23.29
21 Jan 2022$27.24$24.72$23.61
11 Feb 2022$29.14$25.79$24.16
4 Mar 2022$33.22$27.27$24.56
25 Mar 2022$38.72$30.53$25.37
14 Apr 2022$37.29$33.19$26.26
6 May 2022$32.13$34.52$27.09
27 May 2022$37.18$34.82$28.09
17 Jun 2022$29.97$34.34$29.01
8 Jul 2022$28.47$32.73$29.36
29 Jul 2022$25.69$30.87$29.44
19 Aug 2022$25.16$27.37$29.37
9 Sep 2022$25.25$25.77$29.44
30 Sep 2022$20.96$24.38$29.35
21 Oct 2022$26.67$24.12$29.30
11 Nov 2022$31.02$24.99$29.43
2 Dec 2022$29.51$26.40$29.54
23 Dec 2022$29.10$28.29$29.34
13 Jan 2023$31.63$29.27$28.91
3 Feb 2023$31.37$29.66$28.52
24 Feb 2023$30.38$30.52$28.51
17 Mar 2023$26.92$30.84$28.14
6 Apr 2023$28.51$30.11$27.69
28 Apr 2023$29.24$29.34$27.75
19 May 2023$28.17$28.37$27.92
9 Jun 2023$30.01$28.78$28.21
30 Jun 2023$31.61$29.12$28.57
21 Jul 2023$35.43$30.56$29.36
11 Aug 2023$35.48$32.86$30.23
1 Sep 2023$36.81$34.51$30.74
22 Sep 2023$35.40$35.72$31.25
13 Oct 2023$34.85$35.60$31.72
3 Nov 2023$35.19$35.50$32.09
24 Nov 2023$33.89$34.80$32.27
15 Dec 2023$33.58$34.10$32.40
5 Jan 2024$33.42$33.87$32.71
26 Jan 2024$30.48$32.88$32.90
16 Feb 2024$29.15$31.48$32.89
8 Mar 2024$30.60$30.52$33.03
28 Mar 2024$33.50$30.54$33.28
19 Apr 2024$32.60$31.59$33.49
10 May 2024$32.34$32.53$33.33
31 May 2024$33.48$32.88$33.13
21 Jun 2024$32.93$32.42$32.88
12 Jul 2024$34.50$32.90$32.74
2 Aug 2024$35.74$34.11$32.87
23 Aug 2024$35.22$34.90$32.86
13 Sep 2024$33.40$35.07$32.87
4 Oct 2024$37.93$35.36$33.10
25 Oct 2024$37.52$35.69$33.36
15 Nov 2024$42.94$37.48$34.14
6 Dec 2024$41.31$39.92$35.13
27 Dec 2024$40.80$41.02$35.89
17 Jan 2025$46.54$42.71$36.58
7 Feb 2025$46.20$43.47$37.46
28 Feb 2025$44.59$44.32$38.39
21 Mar 2025$44.11$44.84$39.16
11 Apr 2025$37.93$43.66$39.81
2 May 2025$37.10$40.88$39.98
23 May 2025$36.74$39.07$40.04
13 Jun 2025$39.04$37.31$40.24
3 Jul 2025$39.64$37.57$40.54
25 Jul 2025$46.05$38.86$40.89
15 Aug 2025$42.80$40.83$41.40
5 Sep 2025$45.58$42.52$41.68
26 Sep 2025$50.52$45.01$41.99
17 Oct 2025$45.18$46.04$42.45
7 Nov 2025$47.87$47.23$42.69
28 Nov 2025$50.20$47.93$42.87
19 Dec 2025$44.71$47.56$43.09
9 Jan 2026$49.97$47.80$43.34
30 Jan 2026$56.04$49.29$44.26
20 Feb 2026$62.21$52.28$45.86
13 Mar 2026$54.26$56.90$47.68
2 Apr 2026$60.38$59.94$49.26
24 Apr 2026$68.94$61.35$51.00
15 May 2026$64.12$62.51$52.84
5 Jun 2026$62.59$64.14$54.36
26 Jun 2026$56.56$63.84$55.45
17 Jul 2026$55.95$61.18$56.01
7 Aug 2026$61.55$59.38$56.93
28 Aug 2026$62.41$59.37$58.11
18 Sep 2026$57.25$60.60$58.94
9 Oct 2026$56.70$60.38$59.64
30 Oct 2026$55.23$58.13$60.24
4 Nov 2026$49.88$57.52$60.25
Weekly closing price ($) with its 50-day and 200-day averages. The strip under the chart shows the phase: tan sideways, green rising, yellow stalling near a high, orange falling. 9-year window.

Price stage: Rising from Oct 2025 to Sep 2026; Sideways from Sep 2026 to Nov 2026.

Price stage: Rising from Nov 2023 to Jan 2024; Sideways from Jan 2024 to Mar 2024; Rising from Mar 2024 to Apr 2024; Sideways from Apr 2024 to Jun 2024; Rising from Jun 2024 to Jul 2024; Sideways from Jul 2024 to Nov 2024; Rising from Nov 2024 to Mar 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Sep 2026; Sideways from Sep 2026 to Nov 2026.

Price stage: Sideways from Oct 2021 to Nov 2021; Rising from Dec 2021 to Jun 2022; Sideways from Jun 2022 to Dec 2022; Sideways from Jan 2023 to Jul 2023; Rising from Aug 2023 to Jan 2024; Sideways from Jan 2024 to Jul 2024; Sideways from Jul 2024 to Nov 2024; Rising from Nov 2024 to Mar 2025; Sideways from Apr 2025 to Jul 2025; Rising from Aug 2025 to Sep 2026; Sideways from Sep 2026 to Nov 2026.

Price stage: Falling from Nov 2018 to Oct 2020; Sideways from Nov 2020 to Mar 2021; Rising from Apr 2021 to Jun 2022; Sideways from Jul 2022 to Dec 2022; Sideways from Jan 2023 to Jul 2023; Rising from Aug 2023 to Jan 2024; Sideways from Jan 2024 to May 2024; Rising from May 2024 to Jul 2024; Sideways from Aug 2024 to Oct 2024; Rising from Nov 2024 to Mar 2025; Sideways from Apr 2025 to Jul 2025; Rising from Jul 2025 to Aug 2026; Sideways from Sep 2026 to Nov 2026.

Week by week since 2017: did it beat the S&P 500 over the past 13 weeks?

Ahead in 208 of 475 weeks

Week by week since 2017: did it beat the S&P 500 over the past 13 weeks?
Week13-week return vs S&P 500
7 Jul 2017no S&P 500 reading
14 Jul 2017no S&P 500 reading
21 Jul 2017no S&P 500 reading
28 Jul 2017no S&P 500 reading
4 Aug 2017no S&P 500 reading
11 Aug 2017no S&P 500 reading
18 Aug 2017no S&P 500 reading
25 Aug 2017no S&P 500 reading
1 Sep 2017no S&P 500 reading
8 Sep 2017no S&P 500 reading
15 Sep 2017no S&P 500 reading
22 Sep 2017no S&P 500 reading
29 Sep 2017no S&P 500 reading
6 Oct 2017−8.7%
13 Oct 2017−13.5%
20 Oct 2017−6.7%
27 Oct 2017−20.0%
3 Nov 2017−16.0%
10 Nov 2017−9.6%
17 Nov 2017−11.9%
24 Nov 2017−13.9%
1 Dec 2017−17.2%
8 Dec 2017−19.8%
15 Dec 2017−24.9%
22 Dec 2017−19.4%
29 Dec 2017−19.8%
5 Jan 2018−13.2%
12 Jan 2018+1.3%
19 Jan 2018−4.6%
26 Jan 2018−6.6%
2 Feb 2018−7.0%
9 Feb 2018−20.9%
16 Feb 2018−20.1%
23 Feb 2018−14.5%
2 Mar 2018−12.3%
9 Mar 2018−5.1%
16 Mar 2018−0.7%
23 Mar 2018−5.9%
29 Mar 2018−10.8%
6 Apr 2018−9.1%
13 Apr 2018−7.9%
20 Apr 2018+2.8%
27 Apr 2018+16.9%
4 May 2018+19.4%
11 May 2018+30.6%
18 May 2018+35.9%
25 May 2018+24.7%
1 Jun 2018+25.6%
8 Jun 2018+15.0%
15 Jun 2018+4.3%
22 Jun 2018+5.6%
29 Jun 2018+15.9%
6 Jul 2018+7.8%
13 Jul 2018−5.3%
20 Jul 2018−10.8%
27 Jul 2018−9.1%
3 Aug 2018−12.5%
10 Aug 2018−6.6%
17 Aug 2018−18.6%
24 Aug 2018−11.2%
31 Aug 2018−11.7%
7 Sep 2018−12.8%
14 Sep 2018−8.1%
21 Sep 2018−5.7%
28 Sep 2018−4.7%
5 Oct 2018−9.8%
12 Oct 2018−4.2%
19 Oct 2018−5.2%
26 Oct 2018−15.5%
2 Nov 2018−18.9%
9 Nov 2018−24.7%
16 Nov 2018−20.7%
23 Nov 2018−23.0%
30 Nov 2018−25.7%
7 Dec 2018−22.7%
14 Dec 2018−21.6%
21 Dec 2018−19.0%
28 Dec 2018−21.8%
4 Jan 2019−18.9%
11 Jan 2019−19.0%
18 Jan 2019−15.9%
25 Jan 2019−14.3%
1 Feb 2019−5.9%
8 Feb 2019−0.9%
15 Feb 2019+9.2%
22 Feb 2019+11.3%
1 Mar 2019+17.0%
8 Mar 2019+14.7%
15 Mar 2019+21.8%
22 Mar 2019+14.1%
29 Mar 2019+15.3%
5 Apr 2019+7.6%
12 Apr 2019+2.2%
18 Apr 2019−2.7%
26 Apr 2019−1.5%
3 May 2019−9.8%
10 May 2019−15.8%
17 May 2019−14.4%
24 May 2019−17.0%
31 May 2019−19.2%
7 Jun 2019−14.2%
14 Jun 2019−23.3%
21 Jun 2019−12.6%
28 Jun 2019−14.9%
5 Jul 2019−11.8%
12 Jul 2019−8.8%
19 Jul 2019−10.4%
26 Jul 2019−5.8%
2 Aug 2019+0.3%
9 Aug 2019+4.9%
16 Aug 2019−9.1%
23 Aug 2019−6.7%
30 Aug 2019−4.9%
6 Sep 2019−2.7%
13 Sep 2019−1.5%
20 Sep 2019−7.7%
27 Sep 2019−3.2%
4 Oct 2019−7.1%
11 Oct 2019−9.7%
18 Oct 2019−7.9%
25 Oct 2019−9.8%
1 Nov 2019−13.7%
8 Nov 2019−12.0%
15 Nov 2019−0.2%
22 Nov 2019−1.8%
29 Nov 2019−4.1%
6 Dec 2019−11.3%
13 Dec 2019−1.3%
20 Dec 2019−1.2%
27 Dec 2019−3.3%
3 Jan 2020+4.6%
10 Jan 2020+1.9%
17 Jan 2020−3.0%
24 Jan 2020−6.9%
31 Jan 2020−6.2%
7 Feb 2020−6.6%
14 Feb 2020−11.4%
21 Feb 2020−15.7%
28 Feb 2020−22.5%
6 Mar 2020−22.1%
13 Mar 2020−31.0%
20 Mar 2020−31.5%
27 Mar 2020−31.9%
3 Apr 2020−36.4%
9 Apr 2020−33.7%
17 Apr 2020−31.2%
24 Apr 2020−27.4%
1 May 2020−24.6%
8 May 2020−21.2%
15 May 2020−22.2%
22 May 2020−14.9%
29 May 2020−0.1%
5 Jun 2020+3.0%
12 Jun 2020+12.3%
19 Jun 2020+20.0%
26 Jun 2020+5.3%
2 Jul 2020+22.4%
10 Jul 2020+2.9%
17 Jul 2020+5.0%
24 Jul 2020+8.6%
31 Jul 2020−2.4%
7 Aug 2020−4.0%
14 Aug 2020+7.6%
21 Aug 2020−12.7%
28 Aug 2020−25.6%
4 Sep 2020−25.4%
11 Sep 2020−22.3%
18 Sep 2020−9.2%
25 Sep 2020−20.2%
2 Oct 2020−24.8%
9 Oct 2020−21.5%
16 Oct 2020−21.9%
23 Oct 2020−20.5%
30 Oct 2020−4.7%
6 Nov 2020−10.7%
13 Nov 2020−2.6%
20 Nov 2020+13.2%
27 Nov 2020+29.9%
4 Dec 2020+42.0%
11 Dec 2020+52.9%
18 Dec 2020+27.9%
24 Dec 2020+47.8%
31 Dec 2020+52.8%
8 Jan 2021+60.3%
15 Jan 2021+65.9%
22 Jan 2021+44.4%
29 Jan 2021+22.7%
5 Feb 2021+31.1%
12 Feb 2021+17.4%
19 Feb 2021+18.7%
26 Feb 2021+19.2%
5 Mar 2021+8.0%
12 Mar 2021−0.1%
19 Mar 2021+1.4%
26 Mar 2021−1.0%
1 Apr 2021−2.9%
9 Apr 2021−18.4%
16 Apr 2021−23.2%
23 Apr 2021−18.6%
30 Apr 2021−12.8%
7 May 2021+2.7%
14 May 2021+4.5%
21 May 2021+2.8%
28 May 2021−10.8%
4 Jun 2021−3.3%
11 Jun 2021−1.4%
18 Jun 2021−6.3%
25 Jun 2021−2.3%
2 Jul 2021+0.1%
9 Jul 2021+7.2%
16 Jul 2021−0.9%
23 Jul 2021−4.6%
30 Jul 2021+0.7%
6 Aug 2021−18.8%
13 Aug 2021−20.7%
20 Aug 2021−26.9%
27 Aug 2021−12.6%
3 Sep 2021−18.2%
10 Sep 2021−12.9%
17 Sep 2021−0.8%
24 Sep 2021−1.2%
1 Oct 2021+6.8%
8 Oct 2021+10.5%
15 Oct 2021+27.2%
22 Oct 2021+18.9%
29 Oct 2021+13.3%
5 Nov 2021+11.2%
12 Nov 2021+7.7%
19 Nov 2021+4.6%
26 Nov 2021−2.0%
3 Dec 2021+3.3%
10 Dec 2021+0.9%
17 Dec 2021−5.3%
23 Dec 2021−6.0%
31 Dec 2021−13.8%
7 Jan 2022−3.0%
14 Jan 2022−2.1%
21 Jan 2022+13.9%
28 Jan 2022+12.1%
4 Feb 2022+11.5%
11 Feb 2022+25.4%
18 Feb 2022+36.5%
25 Feb 2022+32.6%
4 Mar 2022+43.5%
11 Mar 2022+58.7%
18 Mar 2022+52.4%
25 Mar 2022+63.7%
1 Apr 2022+56.0%
8 Apr 2022+47.6%
14 Apr 2022+41.6%
22 Apr 2022+20.9%
29 Apr 2022+21.0%
6 May 2022+29.2%
13 May 2022+25.9%
20 May 2022+29.0%
27 May 2022+31.2%
3 Jun 2022+18.9%
10 Jun 2022+0.8%
17 Jun 2022+2.6%
24 Jun 2022−12.6%
1 Jul 2022−4.3%
8 Jul 2022−11.0%
15 Jul 2022−16.4%
22 Jul 2022−18.0%
29 Jul 2022−17.2%
5 Aug 2022−25.6%
12 Aug 2022−30.1%
19 Aug 2022−35.5%
26 Aug 2022−27.3%
2 Sep 2022−28.7%
9 Sep 2022−32.6%
16 Sep 2022−26.0%
23 Sep 2022−18.0%
30 Sep 2022−21.6%
7 Oct 2022−13.0%
14 Oct 2022−7.0%
21 Oct 2022+16.0%
28 Oct 2022+11.6%
4 Nov 2022+30.0%
11 Nov 2022+26.0%
18 Nov 2022+22.0%
25 Nov 2022+9.8%
2 Dec 2022+13.0%
9 Dec 2022+10.6%
16 Dec 2022+19.8%
23 Dec 2022+29.9%
30 Dec 2022+33.8%
6 Jan 2023+24.0%
13 Jan 2023+26.6%
20 Jan 2023+10.7%
27 Jan 2023+10.6%
3 Feb 2023−1.8%
10 Feb 2023+3.7%
17 Feb 2023+2.2%
24 Feb 2023+8.1%
3 Mar 2023+10.1%
10 Mar 2023+9.1%
17 Mar 2023−6.9%
24 Mar 2023−10.5%
31 Mar 2023−9.3%
6 Apr 2023−10.3%
14 Apr 2023−11.3%
21 Apr 2023−8.7%
28 Apr 2023−9.1%
5 May 2023−10.1%
12 May 2023−16.8%
19 May 2023−10.7%
26 May 2023−14.2%
2 Jun 2023−14.2%
9 Jun 2023−8.2%
16 Jun 2023+0.9%
23 Jun 2023+0.7%
30 Jun 2023+1.3%
7 Jul 2023+9.0%
14 Jul 2023+8.9%
21 Jul 2023+9.8%
28 Jul 2023+11.3%
4 Aug 2023+17.6%
11 Aug 2023+20.0%
18 Aug 2023+20.9%
25 Aug 2023+22.1%
1 Sep 2023+19.0%
8 Sep 2023+19.5%
15 Sep 2023+17.4%
22 Sep 2023+19.6%
29 Sep 2023+15.3%
6 Oct 2023+3.9%
13 Oct 2023+5.4%
20 Oct 2023+5.2%
27 Oct 2023+8.4%
3 Nov 2023+1.8%
10 Nov 2023−2.1%
17 Nov 2023−7.7%
24 Nov 2023−7.7%
1 Dec 2023−10.0%
8 Dec 2023−16.0%
15 Dec 2023−13.0%
22 Dec 2023−13.7%
29 Dec 2023−14.4%
5 Jan 2024−9.9%
12 Jan 2024−20.0%
19 Jan 2024−26.4%
26 Jan 2024−31.1%
2 Feb 2024−31.3%
9 Feb 2024−29.1%
16 Feb 2024−24.3%
23 Feb 2024−23.3%
1 Mar 2024−23.0%
8 Mar 2024−16.3%
15 Mar 2024−12.4%
22 Mar 2024−12.0%
28 Mar 2024−12.0%
5 Apr 2024−8.1%
12 Apr 2024−2.3%
19 Apr 2024+3.6%
26 Apr 2024+3.5%
3 May 2024+6.7%
10 May 2024+7.4%
17 May 2024+8.8%
24 May 2024+4.0%
31 May 2024+8.9%
7 Jun 2024−1.0%
14 Jun 2024−10.3%
21 Jun 2024−6.0%
28 Jun 2024+0.9%
5 Jul 2024−7.2%
12 Jul 2024−5.2%
19 Jul 2024−0.7%
26 Jul 2024+7.5%
2 Aug 2024+7.7%
9 Aug 2024+6.1%
16 Aug 2024−0.3%
23 Aug 2024+2.6%
30 Aug 2024−1.8%
6 Sep 2024+6.1%
13 Sep 2024+3.9%
20 Sep 2024+5.1%
27 Sep 2024−2.1%
4 Oct 2024+7.5%
11 Oct 2024+5.8%
18 Oct 2024−5.2%
25 Oct 2024−6.7%
1 Nov 2024−1.3%
8 Nov 2024+10.4%
15 Nov 2024+17.2%
22 Nov 2024+19.7%
29 Nov 2024+18.1%
6 Dec 2024+9.2%
13 Dec 2024+18.7%
20 Dec 2024+7.8%
27 Dec 2024+8.7%
3 Jan 2025+9.2%
10 Jan 2025+14.6%
17 Jan 2025+25.6%
24 Jan 2025+16.4%
31 Jan 2025+16.6%
7 Feb 2025+7.0%
14 Feb 2025+4.0%
21 Feb 2025+2.4%
28 Feb 2025+2.8%
7 Mar 2025+9.1%
14 Mar 2025+8.5%
21 Mar 2025+14.0%
28 Mar 2025+12.2%
4 Apr 2025−2.4%
11 Apr 2025−4.3%
17 Apr 2025−4.5%
25 Apr 2025−10.5%
2 May 2025−13.8%
9 May 2025−15.0%
16 May 2025−16.0%
23 May 2025−16.0%
30 May 2025−16.1%
6 Jun 2025−15.7%
13 Jun 2025−14.9%
20 Jun 2025−17.0%
27 Jun 2025−22.3%
3 Jul 2025−11.8%
11 Jul 2025−9.5%
18 Jul 2025−17.1%
25 Jul 2025+10.6%
1 Aug 2025+7.6%
8 Aug 2025+5.7%
15 Aug 2025+5.0%
22 Aug 2025+10.4%
29 Aug 2025+13.1%
5 Sep 2025+12.2%
12 Sep 2025+9.0%
19 Sep 2025+9.7%
26 Sep 2025+25.1%
3 Oct 2025+15.3%
10 Oct 2025+5.9%
17 Oct 2025+7.9%
24 Oct 2025−3.6%
31 Oct 2025+1.6%
7 Nov 2025+5.3%
14 Nov 2025+9.4%
21 Nov 2025+7.1%
28 Nov 2025+4.6%
5 Dec 2025+2.0%
12 Dec 2025−2.9%
19 Dec 2025−8.1%
26 Dec 2025−14.7%
2 Jan 2026−4.9%
9 Jan 2026+4.7%
16 Jan 2026+10.4%
23 Jan 2026+12.2%
30 Jan 2026+14.3%
6 Feb 2026+20.2%
13 Feb 2026+24.1%
20 Feb 2026+22.7%
27 Feb 2026+29.6%
6 Mar 2026+23.5%
13 Mar 2026+18.6%
20 Mar 2026+39.7%
27 Mar 2026+47.9%
2 Apr 2026+32.1%
10 Apr 2026+27.8%
17 Apr 2026+12.8%
24 Apr 2026+24.3%
1 May 2026+19.2%
8 May 2026+1.6%
15 May 2026−3.7%
22 May 2026−2.0%
29 May 2026−12.4%
5 Jun 2026−5.0%
12 Jun 2026+4.4%
18 Jun 2026−18.4%
26 Jun 2026−25.5%
2 Jul 2026−26.1%
10 Jul 2026−19.5%
17 Jul 2026−11.1%
24 Jul 2026−20.5%
31 Jul 2026−16.1%
7 Aug 2026−8.5%
14 Aug 2026−3.9%
21 Aug 2026−8.3%
28 Aug 2026−4.0%
4 Sep 2026−3.0%
11 Sep 2026−9.5%
18 Sep 2026−4.0%
25 Sep 2026−3.6%
2 Oct 2026+2.8%
9 Oct 2026−4.6%
16 Oct 2026−3.1%
23 Oct 2026−5.3%
30 Oct 2026−9.9%
4 Nov 2026−18.1%
Each bar is one week, from 2017 to now (475 weeks with a reading). Green means the stock's return over the previous 13 weeks beat the S&P 500; red means it trailed. The colour is strongest at a gap of 25 percentage points or more. A gap means there is no reading for that week.

Over the last 9.3 years the share price moved +32% while the S&P 500 moved +217%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 2 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

What dividend does Baker Hughes pay?

Baker Hughes Company paid $0.92 per share over the last four reported quarters. The most recent declaration was $0.23 for Jun 2026. At today's price of $49.88 that is a yield of 1.84%, based on dividends already paid, not a forecast.

A dividend is cash paid out for each share. The 12-month total is the four most recent quarters added together.

Dividend per share each quarter: latest $0.23 (Jun 2026)

  • Dividend per share $0.23
Dividend per share each quarter: latest $0.23 (Jun 2026)
QuarterDividend per share
Sep 2023$0.20
Dec 2023$0.20
Mar 2024$0.21
Jun 2024$0.21
Sep 2024$0.21
Dec 2024$0.21
Mar 2025$0.23
Jun 2025$0.23
Sep 2025$0.23
Dec 2025$0.23
Mar 2026$0.23
Jun 2026$0.23
Declared dividend per share, $ a share, each reported quarter. 12 quarters on file.

Which stock lists is Baker Hughes on?

Baker Hughes is on 2 of our US lists: Nasdaq 100 companies and S&P 500 companies.

Is Baker Hughes profitable?

Baker Hughes Company earned $681 M of net profit in the Jun 2026 quarter, −2.9% on the same quarter a year earlier. Full-year FY25 profit was $2.6 B. That is 10.1% of the quarter's revenue. The same quarter a year earlier earned $701 M.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY25 profit was $2.6 B (−13.1% on the year before).

FY25 profit $2.6 B (−13.1% on the year before)

  • Net profit $2.6 B
FY25 profit $2.6 B (−13.1% on the year before)
QuarterNet profit
FY21−$219 M
FY22−$601 M
FY23$1.9 B
FY24$3.0 B
FY25$2.6 B

Growth on a year earlier

  • Growth on a year earlier −13.1%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY22–
FY23–
FY2453.3%
FY25−13.1%
Top: net profit each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $681 M (−2.9% on a year earlier)

  • Net profit (quarterly) $681 M
Jun 2026: $681 M (−2.9% on a year earlier)
QuarterNet profit (quarterly)
Sep 2023$518 M
Dec 2023$440 M
Mar 2024$455 M
Jun 2024$579 M
Sep 2024$766 M
Dec 2024$1.2 B
Mar 2025$402 M
Jun 2025$701 M
Sep 2025$609 M
Dec 2025$876 M
Mar 2026$930 M
Jun 2026$681 M

Growth on a year earlier

  • Growth on a year earlier −2.9%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 2023–
Dec 2023141.8%
Mar 2024−21%
Jun 202441.2%
Sep 202447.9%
Dec 2024168%
Mar 2025−11.6%
Jun 202521.1%
Sep 2025−20.5%
Dec 2025−25.7%
Mar 2026131.3%
Jun 2026−2.9%
Top: net profit each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Why profit moved: revenue changed −2.4% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +20.6% and revenue +0.5%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra dollar of revenue adds more to profit.

How much revenue does Baker Hughes make, and is it growing?

Baker Hughes Company reported $6.7 B of revenue in the Jun 2026 quarter, −2.4% on the same quarter a year earlier. Over 4 years it has grown 7.8% a year on average. The last full year, FY25, came in at $27.7 B. The last four reported quarters add to $27.7 B.

Revenue is everything the company billed its customers in the period.

FY25 revenue was $27.7 B, −0.3% on the year before.

FY25 revenue $27.7 B (−0.3% on the year before), 7.8% a year over 4 years

  • Revenue $27.7 B
FY25 revenue $27.7 B (−0.3% on the year before), 7.8% a year over 4 years
QuarterRevenue
FY21$20.5 B
FY22$21.2 B
FY23$25.5 B
FY24$27.8 B
FY25$27.7 B

Growth on a year earlier

  • Growth on a year earlier −0.3%
Growth on a year earlier
QuarterGrowth on a year earlier
FY21–
FY223.2%
FY2320.6%
FY249.1%
FY25−0.3%
Top: revenue each year, $ B. Below: growth on the year before, %. 5-year window. A grey bar is lower than the year before.

Jun 2026: $6.7 B (−2.4% on a year earlier)

  • Revenue (quarterly) $6.7 B
Jun 2026: $6.7 B (−2.4% on a year earlier)
QuarterRevenue (quarterly)
Sep 2023$6.6 B
Dec 2023$6.8 B
Mar 2024$6.4 B
Jun 2024$7.1 B
Sep 2024$6.9 B
Dec 2024$7.4 B
Mar 2025$6.4 B
Jun 2025$6.9 B
Sep 2025$7.0 B
Dec 2025$7.4 B
Mar 2026$6.6 B
Jun 2026$6.7 B

Growth on a year earlier

  • Growth on a year earlier −2.4%
Growth on a year earlier
QuarterGrowth on a year earlier
Sep 202323.7%
Dec 202315.7%
Mar 202412.3%
Jun 202413%
Sep 20244%
Dec 20247.7%
Mar 20250.1%
Jun 2025−3.2%
Sep 20251.5%
Dec 20250.3%
Mar 20262.5%
Jun 2026−2.4%
Top: revenue each quarter, $ B. Below: growth on the same quarter a year earlier, %. Last 12 quarters. A grey bar is lower than the quarter before.

Recent pace: the last four quarters grew +0.5% on average, against 7.8% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +0.4%, against +1.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +1.6%, against +24.7% a year (rolling over).

How much of every $100 of sales does Baker Hughes keep?

Baker Hughes Company's operating margin was 12.8% in the Jun 2026 quarter, about the same as the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between 7.2% and 12.7%. The latest quarter is above every full year in that period.

Operating margin is what is left from every $100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Across 5 years it has been between 7.2% and 12.7%, and FY25's 12.7% is the highest of them.

Why the margin moved: operating margin changed +0.0 percentage points on the year while gross margin changed +0.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged.

As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead.

FY25: 12.7%, the highest in a range of 7.2% to 12.7% over 5 years

  • Operating margin 12.7%
FY25: 12.7%, the highest in a range of 7.2% to 12.7% over 5 years
QuarterOperating margin
FY217.2%
FY229.1%
FY2310.4%
FY2412.3%
FY2512.7%

Change on the year before (points)

  • Change on the year before (points) +0.4 pts
Change on the year before (points)
QuarterChange on the year before (points)
FY21–
FY22+1.9 pts
FY23+1.3 pts
FY24+1.9 pts
FY25+0.4 pts
Operating margin each year, % (top). Below: change on the year before, in percentage points. 5-year window.

Jun 2026: operating margin 12.8% (+0.0 points on a year earlier)

  • Operating margin 12.8%
Jun 2026: operating margin 12.8% (+0.0 points on a year earlier)
QuarterOperating margin
Sep 202310.8%
Dec 202311.6%
Mar 202410.3%
Jun 202411.8%
Sep 202413.5%
Dec 202413.6%
Mar 202511.7%
Jun 202512.8%
Sep 202513.5%
Dec 202512.5%
Mar 202612.3%
Jun 202612.8%

Change on a year earlier (points)

  • Change on a year earlier (points) 0.0 pts
Change on a year earlier (points)
QuarterChange on a year earlier (points)
Sep 2023+1.6 pts
Dec 2023−2.2 pts
Mar 2024+1.3 pts
Jun 2024+1.9 pts
Sep 2024+2.7 pts
Dec 2024+2.0 pts
Mar 2025+1.4 pts
Jun 2025+1.0 pts
Sep 20250.0 pts
Dec 2025−1.1 pts
Mar 2026+0.6 pts
Jun 20260.0 pts
Top: quarterly operating margin, %. Below: change on the same quarter a year earlier, in percentage points. Last 12 quarters. Operating profit as a share of revenue, each quarter.

Is Baker Hughes' profit turning into cash?

Over the last 3 years, 136% of Baker Hughes Company's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $3.8 B of operating cash against $2.6 B of profit. After $1.3 B of spending on assets, $2.5 B was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

FY25: operating cash $3.8 B against profit $2.6 B; 136% of 3 years' profit came in as cash

  • Operating cash $3.8 B
  • Net profit $2.6 B
  • Free cash $2.5 B
FY25: operating cash $3.8 B against profit $2.6 B; 136% of 3 years' profit came in as cash
QuarterOperating cashNet profitFree cash
FY21$2.4 B−$219 M$1.5 B
FY22$1.9 B−$601 M$899 M
FY23$3.1 B$1.9 B$1.8 B
FY24$3.3 B$3.0 B$2.1 B
FY25$3.8 B$2.6 B$2.5 B
Operating cash flow and net profit each year, $ B. The line is free cash flow: operating cash minus spending on assets. 5-year window, yearly figures.

Jun 2026: operating cash $1.3 B = 198% of the quarter's profit

  • Operating cash (quarterly) $1.3 B
Jun 2026: operating cash $1.3 B = 198% of the quarter's profit
QuarterOperating cash (quarterly)
Sep 2023$810 M
Dec 2023$932 M
Mar 2024$784 M
Jun 2024$348 M
Sep 2024$1.0 B
Dec 2024$1.2 B
Mar 2025$709 M
Jun 2025$510 M
Sep 2025$929 M
Dec 2025$1.7 B
Mar 2026$500 M
Jun 2026$1.3 B

Operating cash as % of profit

  • Operating cash as % of profit 198%
Operating cash as % of profit
QuarterOperating cash as % of profit
Sep 2023156%
Dec 2023212%
Mar 2024172%
Jun 202460%
Sep 2024132%
Dec 2024101%
Mar 2025176%
Jun 202573%
Sep 2025153%
Dec 2025190%
Mar 202654%
Jun 2026198%
Top: operating cash each quarter, $ B. Below: operating cash as a % of net profit; 100% means all of the quarter's profit came in as cash. Last 12 quarters.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Where does Baker Hughes' cash go?

Baker Hughes Company does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.8 B on assets over the last 3 years. Averaged over those years that is 4.5% of FY25 revenue a year.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn.

Spending on assets: $3.8 B over the last 3 years.

FY25: capex $1.3 B, steady spending

  • Capex $1.3 B
FY25: capex $1.3 B, steady spending
QuarterCapex
FY21$856 M
FY22$989 M
FY23$1.2 B
FY24$1.3 B
FY25$1.3 B
Capital spending each year, $ B.

Jun 2026: capex $300 M in the quarter

  • Capex (quarterly) $300 M
Jun 2026: capex $300 M in the quarter
QuarterCapex (quarterly)
Sep 2023$281 M
Dec 2023$356 M
Mar 2024$333 M
Jun 2024$292 M
Sep 2024$300 M
Dec 2024$353 M
Mar 2025$300 M
Jun 2025$301 M
Sep 2025$295 M
Dec 2025$377 M
Mar 2026$336 M
Jun 2026$300 M

Free cash

  • Free cash $1.0 B
Free cash
QuarterFree cash
Sep 2023$529 M
Dec 2023$576 M
Mar 2024$451 M
Jun 2024$56.0 M
Sep 2024$710 M
Dec 2024$837 M
Mar 2025$409 M
Jun 2025$209 M
Sep 2025$634 M
Dec 2025$1.3 B
Mar 2026$164 M
Jun 2026$1.0 B
Top: capital spending each quarter, $ B. Below: free cash flow, $ B. Last 12 quarters.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

What is Baker Hughes' P/E ratio, and how does it compare with its own history?

Baker Hughes Company's P/E is 17.1×, near the low end of its own history: it has been lower only 33% of the time. Its usual P/E (the middle reading) is 18.5×, over 4.6 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many dollars the market pays for each dollar of yearly profit.

Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks.

P/E 17.1× against a usual 18.5×: near the low end of its own history: it has been lower only 33% of the time

  • P/E 16.1×
  • Median 18.5×
P/E 17.1× against a usual 18.5×: near the low end of its own history: it has been lower only 33% of the time
WeekP/EMedian
1 Apr 202255.4×18.5×
8 Apr 202255.4×18.5×
14 Apr 202255.4×18.5×
22 Apr 202255.4×18.5×
29 Apr 202255.4×18.5×
6 May 202255.4×18.5×
13 May 202255.4×18.5×
20 May 202255.4×18.5×
27 May 202255.4×18.5×
3 Jun 202255.4×18.5×
10 Jun 202255.4×18.5×
17 Jun 202255.4×18.5×
24 Jun 202255.4×18.5×
1 Jul 202255.4×18.5×
8 Jul 202255.4×18.5×
15 Jul 202255.4×18.5×
22 Jul 202255.4×18.5×
29 Jul 202255.4×18.5×
5 Aug 202255.4×18.5×
12 Aug 202255.4×18.5×
19 Aug 202255.4×18.5×
26 Aug 202255.4×18.5×
2 Sep 202255.4×18.5×
9 Sep 202255.4×18.5×
16 Sep 202255.4×18.5×
23 Sep 202255.4×18.5×
30 Sep 202255.4×18.5×
7 Oct 202255.4×18.5×
14 Oct 202255.4×18.5×
21 Oct 202255.4×18.5×
28 Oct 202255.4×18.5×
4 Nov 202255.4×18.5×
30 Jun 202327.9×18.5×
7 Jul 202329.3×18.5×
14 Jul 202330.3×18.5×
21 Jul 202331.3×18.5×
28 Jul 202331.3×18.5×
4 Aug 202331.4×18.5×
11 Aug 202331.3×18.5×
18 Aug 202331.1×18.5×
25 Aug 202331.3×18.5×
1 Sep 202332.5×18.5×
8 Sep 202332.6×18.5×
15 Sep 202331.9×18.5×
22 Sep 202331.3×18.5×
29 Sep 202331.2×18.5×
6 Oct 202320.3×18.5×
13 Oct 202321.0×18.5×
20 Oct 202321.0×18.5×
27 Oct 202320.9×18.5×
3 Nov 202321.2×18.5×
10 Nov 202320.7×18.5×
17 Nov 202320.3×18.5×
24 Nov 202320.4×18.5×
1 Dec 202320.3×18.5×
8 Dec 202319.4×18.5×
15 Dec 202320.2×18.5×
22 Dec 202320.5×18.5×
29 Dec 202320.6×18.5×
5 Jan 202417.5×18.5×
12 Jan 202416.5×18.5×
19 Jan 202416.1×18.5×
26 Jan 202415.9×18.5×
2 Feb 202415.2×18.5×
9 Feb 202415.2×18.5×
16 Feb 202415.3×18.5×
23 Feb 202415.6×18.5×
1 Mar 202415.7×18.5×
8 Mar 202416.0×18.5×
15 Mar 202416.9×18.5×
22 Mar 202417.5×18.5×
28 Mar 202417.5×18.5×
5 Apr 202419.2×18.5×
12 Apr 202418.4×18.5×
19 Apr 202418.2×18.5×
26 Apr 202418.3×18.5×
3 May 202417.8×18.5×
10 May 202418.1×18.5×
17 May 202418.7×18.5×
24 May 202418.1×18.5×
31 May 202418.7×18.5×
7 Jun 202417.7×18.5×
14 Jun 202417.4×18.5×
21 Jun 202418.4×18.5×
28 Jun 202419.6×18.5×
5 Jul 202417.4×18.5×
12 Jul 202417.5×18.5×
19 Jul 202418.2×18.5×
26 Jul 202419.1×18.5×
2 Aug 202418.1×18.5×
9 Aug 202417.8×18.5×
16 Aug 202417.7×18.5×
23 Aug 202417.9×18.5×
30 Aug 202417.8×18.5×
6 Sep 202417.2×18.5×
13 Sep 202416.9×18.5×
20 Sep 202418.3×18.5×
27 Sep 202418.4×18.5×
4 Oct 202417.0×18.5×
11 Oct 202416.9×18.5×
18 Oct 202416.3×18.5×
25 Oct 202416.8×18.5×
1 Nov 202417.0×18.5×
8 Nov 202419.3×18.5×
15 Nov 202419.3×18.5×
22 Nov 202419.8×18.5×
29 Nov 202419.7×18.5×
6 Dec 202418.5×18.5×
13 Dec 202418.9×18.5×
20 Dec 202418.1×18.5×
27 Dec 202418.3×18.5×
3 Jan 202514.3×18.5×
10 Jan 202514.5×18.5×
17 Jan 202515.6×18.5×
24 Jan 202515.3×18.5×
31 Jan 202515.5×18.5×
7 Feb 202515.5×18.5×
14 Feb 202515.6×18.5×
21 Feb 202515.3×18.5×
28 Feb 202514.9×18.5×
7 Mar 202514.4×18.5×
14 Mar 202514.4×18.5×
21 Mar 202514.8×18.5×
28 Mar 202514.4×18.5×
4 Apr 202512.1×18.5×
11 Apr 202512.9×18.5×
17 Apr 202513.3×18.5×
25 Apr 202512.4×18.5×
2 May 202512.7×18.5×
9 May 202512.4×18.5×
16 May 202512.9×18.5×
23 May 202512.5×18.5×
30 May 202512.6×18.5×
6 Jun 202512.9×18.5×
13 Jun 202513.3×18.5×
20 Jun 202513.3×18.5×
27 Jun 202513.0×18.5×
3 Jul 202512.9×18.5×
11 Jul 202513.3×18.5×
18 Jul 202513.0×18.5×
25 Jul 202515.0×18.5×
1 Aug 202514.2×18.5×
8 Aug 202514.1×18.5×
15 Aug 202514.0×18.5×
22 Aug 202514.6×18.5×
29 Aug 202514.8×18.5×
5 Sep 202514.9×18.5×
12 Sep 202515.2×18.5×
19 Sep 202515.5×18.5×
26 Sep 202516.5×18.5×
3 Oct 202516.7×18.5×
10 Oct 202515.5×18.5×
17 Oct 202515.6×18.5×
24 Oct 202516.3×18.5×
31 Oct 202516.7×18.5×
7 Nov 202516.5×18.5×
14 Nov 202516.8×18.5×
21 Nov 202516.8×18.5×
28 Nov 202517.3×18.5×
5 Dec 202516.9×18.5×
12 Dec 202516.1×18.5×
19 Dec 202515.4×18.5×
26 Dec 202515.6×18.5×
2 Jan 202618.1×18.5×
9 Jan 202619.2×18.5×
16 Jan 202619.9×18.5×
23 Jan 202620.7×18.5×
30 Jan 202621.6×18.5×
6 Feb 202622.7×18.5×
13 Feb 202623.5×18.5×
20 Feb 202623.9×18.5×
27 Feb 202625.1×18.5×
6 Mar 202623.0×18.5×
13 Mar 202620.9×18.5×
20 Mar 202623.2×18.5×
27 Mar 202624.3×18.5×
2 Apr 202619.3×18.5×
10 Apr 202620.1×18.5×
17 Apr 202619.1×18.5×
24 Apr 202622.0×18.5×
1 May 202622.1×18.5×
8 May 202620.4×18.5×
15 May 202620.5×18.5×
22 May 202621.1×18.5×
29 May 202620.4×18.5×
5 Jun 202620.0×18.5×
12 Jun 202620.2×18.5×
18 Jun 202618.7×18.5×
26 Jun 202618.1×18.5×
2 Jul 202617.0×18.5×
10 Jul 202618.6×18.5×
17 Jul 202618.1×18.5×
24 Jul 202618.5×18.5×
31 Jul 202619.5×18.5×
7 Aug 202619.9×18.5×
14 Aug 202620.9×18.5×
21 Aug 202620.1×18.5×
28 Aug 202620.1×18.5×
4 Sep 202620.5×18.5×
11 Sep 202619.1×18.5×
18 Sep 202618.5×18.5×
25 Sep 202618.6×18.5×
2 Oct 202618.1×18.5×
9 Oct 202618.3×18.5×
16 Oct 202618.0×18.5×
23 Oct 202618.0×18.5×
30 Oct 202617.8×18.5×
4 Nov 202616.1×18.5×

Earnings per share, 12 months

  • Earnings per share, 12 months $3.10
Earnings per share, 12 months
WeekEarnings per share, 12 months
1 Apr 2022–
8 Apr 2022–
14 Apr 2022–
22 Apr 2022–
29 Apr 2022–
6 May 2022–
13 May 2022–
20 May 2022–
27 May 2022–
3 Jun 2022–
10 Jun 2022–
17 Jun 2022–
24 Jun 2022$0.33
1 Jul 2022$0.33
8 Jul 2022$0.33
15 Jul 2022$0.33
22 Jul 2022$0.33
29 Jul 2022$0.33
5 Aug 2022$0.33
12 Aug 2022$0.33
19 Aug 2022$0.33
26 Aug 2022$0.33
2 Sep 2022$0.33
9 Sep 2022$0.33
16 Sep 2022$0.33
23 Sep 2022$0.33
30 Sep 2022$0.33
7 Oct 2022$0.33
14 Oct 2022$0.33
21 Oct 2022$0.33
28 Oct 2022$0.33
4 Nov 2022$0.33
30 Jun 2023$1.13
7 Jul 2023$1.13
14 Jul 2023$1.13
21 Jul 2023$1.13
28 Jul 2023$1.13
4 Aug 2023$1.13
11 Aug 2023$1.13
18 Aug 2023$1.13
25 Aug 2023$1.13
1 Sep 2023$1.13
8 Sep 2023$1.13
15 Sep 2023$1.13
22 Sep 2023$1.13
29 Sep 2023$1.13
6 Oct 2023$1.13
13 Oct 2023$1.13
20 Oct 2023$1.13
27 Oct 2023$1.13
3 Nov 2023$1.13
10 Nov 2023$1.13
17 Nov 2023$1.13
24 Nov 2023$1.13
1 Dec 2023$1.13
8 Dec 2023$1.13
15 Dec 2023$1.13
22 Dec 2023$1.13
29 Dec 2023$1.66
5 Jan 2024$1.66
12 Jan 2024$1.66
19 Jan 2024$1.66
26 Jan 2024$1.66
2 Feb 2024$1.66
9 Feb 2024$1.66
16 Feb 2024$1.66
23 Feb 2024$1.66
1 Mar 2024$1.66
8 Mar 2024$1.66
15 Mar 2024$1.66
22 Mar 2024$1.66
28 Mar 2024$1.91
5 Apr 2024$1.91
12 Apr 2024$1.91
19 Apr 2024$1.91
26 Apr 2024$1.91
3 May 2024$1.91
10 May 2024$1.91
17 May 2024$1.91
24 May 2024$1.91
31 May 2024$1.91
7 Jun 2024$1.91
14 Jun 2024$1.91
21 Jun 2024$1.91
28 Jun 2024$1.79
5 Jul 2024$1.79
12 Jul 2024$1.79
19 Jul 2024$1.79
26 Jul 2024$1.79
2 Aug 2024$1.79
9 Aug 2024$1.79
16 Aug 2024$1.79
23 Aug 2024$1.79
30 Aug 2024$1.79
6 Sep 2024$1.79
13 Sep 2024$1.79
20 Sep 2024$1.79
27 Sep 2024$1.97
4 Oct 2024$1.97
11 Oct 2024$1.97
18 Oct 2024$1.97
25 Oct 2024$1.97
1 Nov 2024$1.97
8 Nov 2024$1.97
15 Nov 2024$1.97
22 Nov 2024$1.97
29 Nov 2024$1.97
6 Dec 2024$1.97
13 Dec 2024$1.97
20 Dec 2024$1.97
27 Dec 2024$2.23
3 Jan 2025$2.23
10 Jan 2025$2.23
17 Jan 2025$2.23
24 Jan 2025$2.23
31 Jan 2025$2.23
7 Feb 2025$2.23
14 Feb 2025$2.23
21 Feb 2025$2.23
28 Feb 2025$2.23
7 Mar 2025$2.23
14 Mar 2025$2.23
21 Mar 2025$2.23
28 Mar 2025$2.98
4 Apr 2025$2.98
11 Apr 2025$2.98
17 Apr 2025$2.98
25 Apr 2025$2.98
2 May 2025$2.98
9 May 2025$2.98
16 May 2025$2.98
23 May 2025$2.98
30 May 2025$2.98
6 Jun 2025$2.98
13 Jun 2025$2.98
20 Jun 2025$2.98
27 Jun 2025$2.93
3 Jul 2025$2.93
11 Jul 2025$2.93
18 Jul 2025$2.93
25 Jul 2025$2.93
1 Aug 2025$2.93
8 Aug 2025$2.93
15 Aug 2025$2.93
22 Aug 2025$2.93
29 Aug 2025$2.93
5 Sep 2025$2.93
12 Sep 2025$2.93
19 Sep 2025$2.93
26 Sep 2025$3.06
3 Oct 2025$3.06
10 Oct 2025$3.06
17 Oct 2025$3.06
24 Oct 2025$3.06
31 Oct 2025$3.06
7 Nov 2025$3.06
14 Nov 2025$3.06
21 Nov 2025$3.06
28 Nov 2025$3.06
5 Dec 2025$3.06
12 Dec 2025$3.06
19 Dec 2025$3.06
26 Dec 2025$2.90
2 Jan 2026$2.90
9 Jan 2026$2.90
16 Jan 2026$2.90
23 Jan 2026$2.90
30 Jan 2026$2.90
6 Feb 2026$2.90
13 Feb 2026$2.90
20 Feb 2026$2.90
27 Feb 2026$2.90
6 Mar 2026$2.90
13 Mar 2026$2.90
20 Mar 2026$2.90
27 Mar 2026$2.60
2 Apr 2026$2.60
10 Apr 2026$2.60
17 Apr 2026$2.60
24 Apr 2026$2.60
1 May 2026$2.60
8 May 2026$2.60
15 May 2026$2.60
22 May 2026$2.60
29 May 2026$2.60
5 Jun 2026$2.60
12 Jun 2026$2.60
18 Jun 2026$2.60
26 Jun 2026$3.13
2 Jul 2026$3.13
10 Jul 2026$3.13
17 Jul 2026$3.13
24 Jul 2026$3.13
31 Jul 2026$3.13
7 Aug 2026$3.13
14 Aug 2026$3.13
21 Aug 2026$3.13
28 Aug 2026$3.13
4 Sep 2026$3.13
11 Sep 2026$3.13
18 Sep 2026$3.13
25 Sep 2026$3.10
2 Oct 2026$3.10
9 Oct 2026$3.10
16 Oct 2026$3.10
23 Oct 2026$3.10
30 Oct 2026$3.10
4 Nov 2026$3.10
Top: P/E each week. Below: earnings per share, trailing twelve months, a step line that moves once a quarter; 4.6 years of history; short peaks above 55× are drawn at the top edge.

PEG 1.94 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate

  • PEG 1.94×
  • PEG = 1.0 1.00×
PEG 1.94 at the Jun 2026 quarter end: above 1.0, so the P/E is bigger than the earnings growth rate
QuarterPEGPEG = 1.0
Sep 20210.07×1.00×
Dec 20210.12×1.00×
Mar 20220.43×1.00×
Jun 20220.30×1.00×
Sep 20220.60×1.00×
Dec 20220.81×1.00×
Mar 20230.31×1.00×
Jun 20231.21×1.00×
Sep 20230.35×1.00×
Dec 20230.18×1.00×
Mar 20240.58×1.00×
Jun 20240.47×1.00×
Sep 20240.40×1.00×
Dec 20240.52×1.00×
Mar 20251.12×1.00×
Jun 20251.21×1.00×
Sep 20252.02×1.00×
Dec 20251.25×1.00×
Mar 20261.72×1.00×
Jun 20261.94×1.00×
PEG each quarter: the P/E divided by the yearly growth rate of earnings. The flat line marks 1.0. Below it the P/E is smaller than the growth rate; above it the P/E is bigger. Last 20 quarters.
17.1×P/E · lower than 67% of its last 4.6 years
2.33PEG · today, as reported

Why the multiple is where it is: over the past year earnings per share moved −12.8% while the price moved +4.2%. The price did better than earnings, which pushed the multiple up within its own range.

Where the price move came from: over 3 years the price moved +12.3% a year; about +23.1% a year came from earnings growth and about −10.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple.

In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple.

Is the Baker Hughes business getting better or worse?

Baker Hughes Company's business is giving mixed signals. Growth is slowing from a very fast pace: profit growth has eased from +73.1% at its peak to +1.6%, but the business is still expanding, with ROCE falling at 11.0%. This is based on 12 quarters of 4 measures.

Every business is somewhere on a path of getting better or worse, and this section names where. The last 12 quarters of growth in revenue, profit and earnings per share, plus the return the business earns on its capital, are read as lines. Getting worse: the lines are falling. Turning around: a low point has just formed and the last few quarters are rising from it. Getting better: the rise from the low has lasted. Growing steadily: steady growth with healthy returns. Slowing from a peak: still high, but slowing. When the lines disagree the result is mixed; too little history means no reading. CAGR (compound annual growth rate) is the steady yearly rate that would turn the starting value into the latest one. It is the fairest way to compare growth over different periods. If the 1-year figure is much bigger than the 10-year one, recent growth is running faster than the long-run trend. A dash means there is no figure for that period, or the starting year was a loss, where a growth rate means nothing.

Growth year by year: revenue −0.3% in FY25, profit −13.1%

  • Revenue growth −0.3%
Growth year by year: revenue −0.3% in FY25, profit −13.1%
QuarterRevenue growth
FY21–
FY223.2%
FY2320.6%
FY249.1%
FY25−0.3%

Profit growth, EPS growth

  • Profit growth −13.1%
  • EPS growth −12.8%
Profit growth, EPS growth
QuarterProfit growthEPS growth
FY21––
FY22––
FY23––
FY2453.3%56%
FY25−13.1%−12.8%
Growth on the year before, each year, %. Top: revenue. Below: net profit and earnings per share, on their own scale because profit growth swings much more. Zero line drawn.

Three growth lines over twelve quarters: revenue stabilising, profit rolling over

  • Revenue 0.4%
Three growth lines over twelve quarters: revenue stabilising, profit rolling over
QuarterRevenue
Sep 202318.5%
Dec 202320.6%
Mar 202418.9%
Jun 202416%
Sep 202411.1%
Dec 20249.1%
Mar 20256.2%
Jun 20252.1%
Sep 20251.5%
Dec 2025−0.3%
Mar 20260.2%
Jun 20260.4%

Profit, EPS

  • Profit 1.6%
  • EPS 1.2%
Profit, EPS
QuarterProfitEPS
Sep 2023––
Dec 2023––
Mar 2024––
Jun 202473.1%74.1%
Sep 202432.9%34.2%
Dec 202453.2%56.1%
Mar 202560.5%63.8%
Jun 202553%55.4%
Sep 202529.1%30.1%
Dec 2025−13.1%−12.8%
Mar 20266.5%6.7%
Jun 20261.6%1.2%
Growth on a year earlier, % at each quarter end. Top: revenue. Below: profit and earnings per share, on their own scale because they swing much more. Each is measured over the last 12 months. A gap means there is no reading for that quarter.

ROCE: the return line, worked out each quarter

  • ROCE 11%
ROCE: the return line, worked out each quarter
QuarterROCE
Sep 2023–
Dec 2023–
Mar 2024–
Jun 202412.6%
Sep 202413.3%
Dec 202413.9%
Mar 202514.3%
Jun 202514.2%
Sep 202513.9%
Dec 202513.4%
Mar 202611.3%
Jun 202611%
Operating profit over the last 12 months (before interest and tax) as a share of average capital employed (total assets minus current liabilities), %.
Steady highRevenue growth · latest +0.4%, range −0.3% to +20.6%
FallingProfit growth · latest +1.6%, range −13.1% to +73.1%
FallingEPS growth · latest +1.2%, range −12.8% to +74.1%
FallingROCE · latest 11.0%, range 11.0% to 14.3%

Why it matters: when the lines disagree, each line above matters more than any single label.

Compound annual growth rate (%)

Compound annual growth rate over each period, %. Revenue, profit and EPS come from yearly figures; the stock price row is price growth over the same periods. A dash means no figure for that period, or the starting year was a loss.

Compound annual growth rate (%)
Measure1yr3yr5yr10yr
Revenue−0.3%+9.4%——
Profit−13.1%———
EPS−12.8%———
Stock price+4.2%+12.3%+15.0%—
−2.4%Revenue growth (Jun 2026) · latest quarter against a year ago
−2.9%Profit growth (Jun 2026) · latest quarter against a year ago
7.8%Revenue, 4 years · yearly growth over the long run

How much does Baker Hughes earn on its capital?

Baker Hughes Company earned a ROE of 14% in FY25. That is up from a low of −4% in FY22. Its return on capital used (ROIC) is 3.8 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 9.3% net margin and 0.68× asset turnover (sales divided by assets).

Return on equity (ROE) is the profit the business earns on its shareholders’ money. We do not have the full capital split, so ROE is the longest history we can draw here.

Why the return is what it is (FY25): a 9.3% net margin × 0.68× asset turnover × 2.15× leverage (assets divided by equity) ≈ 13.6% on equity. The margin does its share; borrowing is a big part of it.

The key test, return on capital used minus the cost of capital: 12.1% − 8.3% = +3.8 percentage points. The 8.3% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error.

The 12.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 15.1%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method.

FY25: ROE 14%, the climb back from FY22's −4%

  • ROE 13.6%
  • ROIC (annual) 15.1%
  • Cost of capital 8.3%
FY25: ROE 14%, the climb back from FY22's −4%
QuarterROEROIC (annual)Cost of capital
FY21−1.3%−5.6%8.3%
FY22−4.1%−260.3%8.3%
FY2312.5%10.1%8.3%
FY2417.5%15.8%8.3%
FY2513.6%15.1%8.3%
Return on equity each year, % (line); ROIC each year, % (line). 5-year window, low years included. The flat line is the 8.3% cost of capital used on this page.

Jun 2026: ROIC 13.7% (last 12 months) against a 8.3% cost of capital

  • ROIC (12 months) 13.7%
  • ROE (12 months) 19.5%
  • Cost of capital 8.3%
Jun 2026: ROIC 13.7% (last 12 months) against a 8.3% cost of capital
QuarterROIC (12 months)ROE (12 months)Cost of capital
Sep 20236.6%11%8.3%
Dec 20239.6%13.7%8.3%
Mar 202410.8%11.7%8.3%
Jun 202411.2%11.9%8.3%
Sep 202412%14.9%8.3%
Dec 202412.9%19.3%8.3%
Mar 202514.3%28.5%8.3%
Jun 202514.5%9.6%8.3%
Sep 202514.6%16.2%8.3%
Dec 202514.3%13.6%8.3%
Mar 202613.5%19%8.3%
Jun 202613.7%19.5%8.3%
ROIC and ROE over the last 12 months, each quarter, %; the flat line is the cost of capital. Last 12 quarters, lined up with the yearly figure.

Does Baker Hughes have too much debt?

Baker Hughes Company has total debt of $16.3 B against shareholder equity of $20.1 B as of Jun 2026, so its debt is 0.81× its equity. Year by year, that ratio went from 0.45 in FY21 to 0.35 in FY25. Keep that borrowing in mind when reading the returns on this page.

Debt-to-equity shows how much of the business is paid for with borrowed money. Lower is safer, and the direction matters as much as the level.

FY25: debt $6.7 B, 0.35× equity

  • Total debt $6.7 B
FY25: debt $6.7 B, 0.35× equity
QuarterTotal debt
FY21$7.6 B
FY22$7.5 B
FY23$6.8 B
FY24$6.7 B
FY25$6.7 B

Debt-to-equity

  • Debt-to-equity 0.35×
Debt-to-equity
QuarterDebt-to-equity
FY210.45×
FY220.51×
FY230.44×
FY240.39×
FY250.35×
Top: total debt each year, $ B. Below: debt-to-equity, ×. 5-year window.

Jun 2026: debt $16.3 B, debt-to-equity 0.81

  • Total debt (quarterly) $16.3 B
Jun 2026: debt $16.3 B, debt-to-equity 0.81
QuarterTotal debt (quarterly)
Sep 2023$6.7 B
Dec 2023$6.8 B
Mar 2024$6.0 B
Jun 2024$5.9 B
Sep 2024$6.0 B
Dec 2024$6.7 B
Mar 2025$6.0 B
Jun 2025$6.0 B
Sep 2025$6.1 B
Dec 2025$6.7 B
Mar 2026$16.2 B
Jun 2026$16.3 B

Debt-to-equity

  • Debt-to-equity 0.81×
Debt-to-equity
QuarterDebt-to-equity
Sep 20230.44×
Dec 20230.44×
Mar 20240.39×
Jun 20240.37×
Sep 20240.37×
Dec 20240.39×
Mar 20250.35×
Jun 20250.34×
Sep 20250.33×
Dec 20250.35×
Mar 20260.83×
Jun 20260.81×
Top: total debt each quarter, $ B. Below: debt-to-equity, ×. Last 12 quarters.

What is the Baker Hughes shareholding pattern?

2.5% of Baker Hughes Company's tradable shares are in short positions, which are bets that the price will fall, so some traders are betting against it. At normal trading volumes, closing those positions would take about 3.4 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead.

There is no quarter-by-quarter list of owners here, so we look at short interest: the share of tradable shares held in short positions, which gain if the price falls.

It is a single reading at one point in time; we do not have its history.

2.5%Short interest · of the tradable float
3.4Days to cover · at typical volumes

Why it is at this level: the figure does not say who has the short positions or why, so we show the level without guessing the story.

How far is Baker Hughes from balance-sheet trouble?

For Baker Hughes Company, the Z-score is 1.62. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure.

The Z-score estimates how far a company is from balance-sheet trouble. Above about 3 is safe; below about 1.8 is the danger zone. It was built for manufacturers, so it is not used for banks and lenders.

Why it matters: a Z-score of 1.62 is inside the danger zone, so the balance sheet is a real risk.

How does Baker Hughes rank in its industry?

33.2 out of 100, rank 26 of 30 in Oil & Gas Equipment & Services, with 81% of the evidence available.

Baker Hughes Company scores 33.2 out of 100 against the 30 companies it is compared with in Oil & Gas Equipment & Services, ranking 26. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.

The four parts add up to the total exactly: 12 + 11.9 + 6 + 3.3 = 33.2. This is the same number shown on the industry page; it is worked out once for the whole group and read here.

What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector.

Which companies is Baker Hughes compared with?

Baker Hughes ranks 26 of 30 Oil & Gas Equipment & Services companies on the 4-Factor Sector Score, with 33.2 out of 100.

  1. 1Flotek Industries, Inc.FTK · quiet · Most evidence points up · 71% evidence71.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 29.1/35 · Revenue 36.9% · Profit 100% · Operating margin change 3.4 points · 83% evidenceCapital efficiency 17.9/25 · ROCE 22% · Operating margin 15% · 76% evidenceValuation 10.3/20 · P/E 22.4× · PEG — · 15% evidenceRelative strength 13.7/20 · Lead over its industry 21.6% · Lead over S&P 500 11.6% · 1 year 59.2% · 100% evidence · 7 of 12 weeks aheadExact sum: 29.1 + 17.9 + 10.3 + 13.7 = 71 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  2. 2TechnipFMC plcFTI · quiet · Most evidence points up · 81% evidence69.0out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/35 · Revenue 9.9% · Profit 28.2% · Operating margin change 1.8 points · 83% evidenceCapital efficiency 18.7/25 · ROCE 31.8% · Operating margin 17.7% · 76% evidenceValuation 13.2/20 · P/E 22.5× · PEG 0.62 · 65% evidenceRelative strength 12.6/20 · Lead over its industry 2.7% · Lead over S&P 500 -6.3% · 1 year 50.5% · 100% evidence · 4 of 12 weeks aheadExact sum: 24.5 + 18.7 + 13.2 + 12.6 = 69 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks.
  3. 3Halliburton CompanyHAL · turning · Evidence leans up · 85% evidence61.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.2/35 · Revenue 1.5% · Profit 52.6% · Operating margin change -0.5 points · 95% evidenceCapital efficiency 16.5/25 · ROCE 14.8% · Operating margin 12.4% · 76% evidenceValuation 15.6/20 · P/E 13.2× · PEG 0.23 · 65% evidenceRelative strength 11.6/20 · Lead over its industry -2.1% · Lead over S&P 500 -10.2% · 1 year 19.7% · 100% evidence · 1 of 12 weeks aheadExact sum: 18.2 + 16.5 + 15.6 + 11.6 = 61.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  4. 4Archrock, Inc.AROC · quiet · Evidence leans up · 81% evidence61.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.5/35 · Revenue 11.6% · Profit 41.8% · Operating margin change 0 points · 83% evidenceCapital efficiency 17.9/25 · ROCE 13.7% · Operating margin 35.9% · 76% evidenceValuation 13.8/20 · P/E 22× · PEG 0.54 · 65% evidenceRelative strength 5.5/20 · Lead over its industry -9.5% · Lead over S&P 500 -17.1% · 1 year 16.4% · 100% evidence · 0 of 12 weeks aheadExact sum: 24.5 + 17.9 + 13.8 + 5.5 = 61.7 · What this means: Earnings are strong; relative strength in its sector is -9.5% and the one-year return is 16.4%.
  5. 5Tenaris S.A.TS · turning · Evidence leans up · 81% evidence60.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 14.0/35 · Revenue 2.3% · Profit -3.3% · Operating margin change -2.2 points · 83% evidenceCapital efficiency 15.8/25 · ROCE 12.2% · Operating margin 16.7% · 76% evidenceValuation 12.6/20 · P/E 14.6× · PEG 0.95 · 65% evidenceRelative strength 17.8/20 · Lead over its industry 8.3% · Lead over S&P 500 -1% · 1 year 37.9% · 100% evidence · 1 of 12 weeks aheadExact sum: 14 + 15.8 + 12.6 + 17.8 = 60.2 · What this means: Relative strength against the index is -1%, and revenue and profit growth are weak.
  6. 6Solaris Energy Infrastructure, Inc.SEI · breaking out · Evidence leans up · 81% evidence58.9out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 24.2/35 · Revenue 70.8% · Profit 100% · Operating margin change 1.8 points · 83% evidenceCapital efficiency 11.4/25 · ROCE 4.7% · Operating margin 26.5% · 76% evidenceValuation 12.3/20 · P/E 88.6× · PEG 0.52 · 65% evidenceRelative strength 11.0/20 · Lead over its industry -2.1% · Lead over S&P 500 -10.2% · 1 year 13.7% · 100% evidence · 3 of 12 weeks aheadExact sum: 24.2 + 11.4 + 12.3 + 11 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  7. 7LandBridge Company LLCLB · quiet · Evidence leans up · 64% evidence58.7out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 26.9/35 · Revenue 44.9% · Profit 100% · Operating margin change 6.1 points · 62% evidenceCapital efficiency 9.9/25 · ROCE 0% · Operating margin 66.1% · 76% evidenceValuation 9.3/20 · P/E 60.5× · PEG — · 15% evidenceRelative strength 12.6/20 · Lead over its industry 0.7% · Lead over S&P 500 -7.6% · 1 year 0.1% · 100% evidence · 9 of 12 weeks aheadExact sum: 26.9 + 9.9 + 9.3 + 12.6 = 58.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  8. 8Oceaneering International, Inc.OII · quiet · Evidence leans up · 85% evidence56.8out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 17.0/35 · Revenue 3% · Profit 43.7% · Operating margin change 0.1 points · 95% evidenceCapital efficiency 15.9/25 · ROCE 15.1% · Operating margin 11.7% · 76% evidenceValuation 15.3/20 · P/E 13.1× · PEG 0.3 · 65% evidenceRelative strength 8.6/20 · Lead over its industry 1% · Lead over S&P 500 -8.1% · 1 year 60.4% · 100% evidence · 7 of 12 weeks aheadExact sum: 17 + 15.9 + 15.3 + 8.6 = 56.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  9. 9Innovex International, Inc.INVX · losing its lead · Evidence leans up · 81% evidence52.4out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 16.1/35 · Revenue 15.1% · Profit -57.9% · Operating margin change -0.8 points · 83% evidenceCapital efficiency 10.9/25 · ROCE 9.7% · Operating margin 11.6% · 76% evidenceValuation 14.7/20 · P/E 27.7× · PEG 0.13 · 65% evidenceRelative strength 10.7/20 · Lead over its industry -0.5% · Lead over S&P 500 -8.3% · 1 year 27.8% · 100% evidence · 8 of 12 weeks aheadExact sum: 16.1 + 10.9 + 14.7 + 10.7 = 52.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  10. 10Forum Energy Technologies, Inc.FET · losing its lead · Evidence leans up · 64% evidence52.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 18.9/35 · Revenue 3.9% · Profit — · Operating margin change 5.2 points · 62% evidenceCapital efficiency 6.8/25 · ROCE 6.2% · Operating margin 9.3% · 76% evidenceValuation 11.5/20 · P/E -358.7× · PEG — · 15% evidenceRelative strength 15.0/20 · Lead over its industry 32.7% · Lead over S&P 500 20.4% · 1 year 157.3% · 100% evidence · 11 of 12 weeks aheadExact sum: 18.9 + 6.8 + 11.5 + 15 = 52.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  11. 11National Energy Services Reunited Corp.NESR · quiet · Evidence leans up · 81% evidence51.5out of 100GrowthCapitalValuationRelative
  12. 12USA Compression Partners, LPUSAC · basing · Evidence leans up · 81% evidence51.3out of 100GrowthCapitalValuationRelative
  13. 13Cactus, Inc.WHD · losing its lead · Evidence leans up · 81% evidence51.3out of 100GrowthCapitalValuationRelative
  14. 14Tidewater Inc.TDW · losing its lead · Evidence leans up · 81% evidence50.8out of 100GrowthCapitalValuationRelative
  15. 15WaterBridge Infrastructure LLCWBI · quiet · Evidence leans down · 65% evidence49.9out of 100GrowthCapitalValuationRelative
  16. 16Weatherford International plcWFRD · quiet · Evidence leans down · 85% evidence49.8out of 100GrowthCapitalValuationRelative
  17. 17SLB N.V.SLB · turning · Evidence leans down · 85% evidence49.7out of 100GrowthCapitalValuationRelative
  18. 18Enerflex Ltd.EFXT · turning · Evidence leans down · 81% evidence47.1out of 100GrowthCapitalValuationRelative
  19. 19Select Water Solutions, Inc.WTTR · quiet · Evidence leans down · 81% evidence46.4out of 100GrowthCapitalValuationRelative
  20. 20RPC, Inc.RES · turning · Evidence leans down · 71% evidence45.2out of 100GrowthCapitalValuationRelative
  21. 21Flowco Holdings Inc.FLOC · quiet · Evidence leans down · 71% evidence45.2out of 100GrowthCapitalValuationRelative
  22. 22Bristow Group Inc.VTOL · quiet · Evidence leans down · 81% evidence43.4out of 100GrowthCapitalValuationRelative
  23. 23Liberty Energy Inc.LBRT · quiet · Evidence leans down · 85% evidence38.1out of 100GrowthCapitalValuationRelative
  24. 24NOV Inc.NOV · quiet · Evidence leans down · 71% evidence38.0out of 100GrowthCapitalValuationRelative
  25. 25Kodiak Gas Services, Inc.KGS · quiet · Evidence leans down · 81% evidence35.4out of 100GrowthCapitalValuationRelative
  26. 26Baker Hughes Company this pageBKR · quiet · Most evidence points down · 81% evidence33.2out of 100GrowthCapitalValuationRelative
    How the score adds upGrowth & earnings 12.0/35 · Revenue 0.4% · Profit 1.6% · Operating margin change 0 points · 83% evidenceCapital efficiency 11.9/25 · ROCE 9.3% · Operating margin 12.8% · 76% evidenceValuation 6.0/20 · P/E 17.8× · PEG 2.85 · 65% evidenceRelative strength 3.3/20 · Lead over its industry -11.7% · Lead over S&P 500 -18.9% · 1 year 4.2% · 100% evidence · 0 of 12 weeks aheadExact sum: 12 + 11.9 + 6 + 3.3 = 33.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer.
  27. 27Expro Group Holdings N.V.XPRO · quiet · Most evidence points down · 71% evidence22.5out of 100GrowthCapitalValuationRelative
  28. 28Atlas Energy Solutions Inc.AESI · quiet · Most evidence points down · 64% evidence21.4out of 100GrowthCapitalValuationRelative
  29. 29NextDecade CorporationNEXT · basing · Too little evidence to rank firmly · 50% evidence43.9out of 100GrowthCapitalValuationRelative
  30. 30EagleRock Land, LLCEROK · quiet · Too little evidence to rank firmly · 28% evidence37.3out of 100GrowthCapitalValuationRelative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led S&P 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read.

The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section.

Related companies: Oil & Gas Equipment & Services, all 30 compared on one page.

Which companies are close to Baker Hughes in size?

Baker Hughes is the 2nd largest of 38 Oil & Gas Equipment & Services companies on Sector Alpha by market value (scores of 4 November 2026). Just above it: SLB N.V. Just below it: Tenaris S.A., Halliburton Company, TechnipFMC plc, NOV Inc. and Weatherford International plc.

Oil & Gas Equipment & Services companies close in size

  1. SLB N.V. $76.1 billion
  2. Baker Hughes Company $49.5 billion
  3. Tenaris S.A. $28.2 billion
  4. Halliburton Company $27.3 billion
  5. TechnipFMC plc $25.1 billion
  6. NOV Inc. $6.4 billion
  7. Weatherford International plc $6.2 billion

All 38 Oil & Gas Equipment & Services companies, largest first

Companies close in size in other industries

  1. PayPal Holdings, Inc. $50 billion · Credit Services
  2. Agilent Technologies, Inc. $49.9 billion · Diagnostics & Research
  3. Baker Hughes Company $49.5 billion
  4. Westinghouse Air Brake Technologies Corporation $49.5 billion · Railroads
  5. Fifth Third Bancorp $49.5 billion · Banks - Regional

What else do people ask about Baker Hughes?

What were Baker Hughes's latest quarterly results?

Baker Hughes Company reported revenue of $6.7 B and net profit of $681 M for the Jun 2026 quarter. Revenue fell 2.4% and profit fell 2.9% compared with a year earlier. Earnings per share were $0.68.

The operating margin was 12.8%, 0.0 percentage points higher than a year earlier (as of 4 November 2026).

What is Baker Hughes's market cap?

Baker Hughes Company's market capitalisation is $49.5 B at a stock price of $49.88. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026).

How is Baker Hughes performing?

Baker Hughes Company's share price has been moving sideways for 8 weeks. In its latest quarter, revenue fell 2.4% and profit fell 2.9% compared with a year earlier. Over the past 13 weeks it has done worse than the S&P 500, for 5 weeks running (as of 4 November 2026).

Will Baker Hughes's stock price go up?

This page does not forecast Baker Hughes Company's stock price. What it shows instead: the stock price is $49.88, and it has been moving sideways for 8 weeks. Its P/E of 17.1× is higher than 33% of its own last 5 years (as of 4 November 2026).

Does Baker Hughes have too much debt?

Baker Hughes Company has a moderate amount of debt: its debt is 0.89× its equity. A year-by-year history of its borrowings is not in our data, so this uses the latest reading. Keep that borrowing in mind when reading the returns on this page (as of 4 November 2026).

Where is Baker Hughes in its business cycle?

Baker Hughes Company's FY25 operating margin was 12.7%, against a 5-year range of 7.2% to 12.7%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 12.8%.

Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026).

What could break the Baker Hughes story?

The main question: the P/E is near the low end of its own history, higher than only 33% of past readings, but results are getting worse. A low multiple can stay low until the quarters turn.

On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 4 November 2026).

Is Baker Hughes a stock worth studying right now?

What the numbers show: Baker Hughes Company's P/E is near the low end of its own history, higher than only 33% of past readings, and its quarterly results are still getting worse. The main open question: whether results start to improve.

Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 4 November 2026).

Where do these numbers come from?

Sector Alpha, written by code from the published numbers. Data as of 4 November 2026.

Every chart on this page is drawn by code from the published figures, with no forecasts and no price opinions.

See the plain-text version of this page.

More lists

Every Sector Alpha list, grouped

X · Instagram · YouTube · About · Newsletter · Newsletter archive
This is research, not advice. We’re not SEBI-registered.