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Equiscale · Syntellia LLC
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 has a collaboration with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector. 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.
Rule-based from financial data. Not advice.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $27.7B | $4.3B | $2.6B | $2.5B | 13.7% | -0.3% | -13.1% |
| 2024 | $27.8B | $4.6B | $3.0B | $2.1B | 17.6% | 9.1% | 53.3% |
| 2023 | $25.5B | $4.0B | $1.9B | $1.8B | 12.6% | 20.6% | -423.3% |
| 2022 | $21.2B | $1.3B | $-601M | $899M | -4.2% | - | - |
| 2021 | - | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 21,156 | 25,506 | 27,829 | 27,733 |
| Operating Revenue | - | 21,156 | 25,506 | 27,829 | 27,733 |
| Cost Of Revenue | - | 16,756 | 19,604 | 21,346 | 21,189 |
| Gross Profit | - | 4,400 | 5,902 | 6,483 | 6,544 |
| Operating Expense | - | 2,510 | 3,262 | 3,101 | 2,987 |
| Research And Development | - | - | 651 | 643 | 600 |
| Selling General And Administration | - | 2,510 | 2,611 | 2,458 | 2,387 |
| Total Expenses | - | 19,266 | 22,866 | 24,447 | 24,176 |
| Operating Income | - | 1,890 | 2,640 | 3,382 | 3,557 |
| Total Operating Income As Reported | 1,310 | 1,185 | 2,317 | 3,081 | - |
| EBITDA | - | 1,335 | 3,958 | 4,599 | 4,287 |
| Normalized EBITDA | - | 2,040 | 3,735 | 4,498 | 4,712 |
| EBIT | - | 274 | 2,871 | 3,463 | 3,099 |
| Interest Expense | - | 252 | 216 | 198 | 222 |
| Net Interest Income | - | -252 | -216 | -198 | -222 |
| Other Non Operating Income Expenses | - | -911 | 8 | -26 | -33 |
| Other Income Expense | - | -1,616 | 231 | 75 | -458 |
| Interest Expense Non Operating | - | 252 | 216 | 198 | 222 |
| Net Non Operating Interest Income Expense | - | -252 | -216 | -198 | -222 |
| Pretax Income | - | 22 | 2,655 | 3,265 | 2,877 |
| Tax Provision | - | 600 | 685 | 257 | 253 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | -148.05 | 57.53 | 7.98 | -37.40 |
| Net Income Continuous Operations | - | -578 | 1,970 | 3,008 | 2,624 |
| Net Income From Continuing And Discontinued Operation | - | -601 | 1,943 | 2,979 | 2,588 |
| Net Income From Continuing Operation Net Minority Interest | - | -601 | 1,943 | 2,979 | 2,588 |
| Net Income | - | -601 | 1,943 | 2,979 | 2,588 |
| Net Income Common Stockholders | - | -601 | 1,943 | 2,979 | 2,588 |
| Net Income Including Noncontrolling Interests | - | -578 | 1,970 | 3,008 | 2,624 |
| Normalized Income | - | -44.05 | 1,777.53 | 2,885.98 | 2,975.60 |
| Diluted NI Availto Com Stockholders | - | -601 | 1,943 | 2,979 | 2,588 |
| Basic Average Shares | - | 987 | 1,008 | 994 | 988 |
| Diluted Average Shares | - | 987 | 1,015 | 1,001 | 994 |
| Reconciled Depreciation | - | 1,061 | 1,087 | 1,136 | 1,188 |
| Reconciled Cost Of Revenue | - | 16,756 | 19,604 | 21,346 | 21,189 |
| Total Unusual Items | - | -705 | 223 | 101 | -425 |
| Total Unusual Items Excluding Goodwill | - | -705 | 223 | 101 | -425 |
| Minority Interests | - | -23 | -27 | -29 | -36 |
| Special Income Charges | - | -705 | -332 | -266 | -322 |
| Other Special Charges | - | - | 45 | 36 | 40 |
| Impairment Of Capital Assets | - | 0 | -2 | 77 | 53 |
| Restructuring And Mergern Acquisition | - | 705 | 289 | 153 | 229 |
| Gain On Sale Of Security | - | - | 555 | 367 | -103 |
Energy sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Baker Hughes Companythis co. | BKR | $65.6B | 25.34 | 3.48 | 13.7% | 15.85 |
| Valero Energy Corporation | VLO | $76.9B | 32.73 | 3.24 | 9.9% | 12.48 |
| EOG Resources, Inc. | EOG | $75.0B | 15.07 | 2.52 | 16.7% | 7.24 |
| Phillips 66 | PSX | $73.8B | 16.77 | 2.54 | 15.1% | 9.47 |
| Kinder Morgan, Inc. | KMI | $70.5B | 23.08 |
| - |
| - |
| - |
| - |
| - |
| 2.26 |
| 9.8% |
| 14.25 |
| Occidental Petroleum Corporation | OXY | $58.4B | 25.09 | 2.10 | 8.4% | 6.84 |
| Targa Resources Corp. | TRGP | $57.4B | 29.84 | 18.71 | 62.7% | 15.40 |
| Diamondback Energy, Inc. | FANG | $57.1B | 34.31 | 1.54 | 4.5% | 10.01 |
| ONEOK, Inc. | OKE | $56.0B | 16.52 | 2.49 | 15.1% | 11.40 |
| Peer Median | - | 24.08 | 2.50 | 12.5% | 10.71 | |
Historically, Jan has averaged the highest return (+8.1%); Apr the lowest (-4.3%).
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +23.1%Positive MonthJan 2026: +23.06% | +16.5%Positive MonthFeb 2026: +16.45% | -6.5%Negative MonthMar 2026: -6.45% | +14.1%Positive MonthApr 2026: +14.12% | -8.3%Negative MonthMay 2026: -8.31% | -13.1%Negative MonthJun 2026: -13.12% | +9.0%Positive MonthJul 2026: +8.99% | +6.6%*Positive MonthAug 2026: +6.60% | — | — | — | — |
| 2025 | +12.6%Positive MonthJan 2025: +12.58% | -3.4%Negative MonthFeb 2025: -3.44% | -1.4%Neutral MonthMar 2025: -1.44% | -19.5%Negative MonthApr 2025: -19.45% | +4.7%Positive MonthMay 2025: +4.66% | +3.5%Positive MonthJun 2025: +3.48% | +17.5%Positive MonthJul 2025: +17.50% | +0.8%Neutral MonthAug 2025: +0.78% | +7.3%Positive MonthSep 2025: +7.31% | -0.6%Neutral MonthOct 2025: -0.64% | +3.7%Positive MonthNov 2025: +3.70% | -9.3%Negative MonthDec 2025: -9.28% |
| 2024 | -16.6%Negative MonthJan 2024: -16.62% | +3.8%Positive MonthFeb 2024: +3.82% | +13.2%Positive MonthMar 2024: +13.21% | -2.6%Negative MonthApr 2024: -2.63% | +2.6%Positive MonthMay 2024: +2.64% | +5.0%Positive MonthJun 2024: +5.05% | +10.1%Positive MonthJul 2024: +10.09% | -9.2%Negative MonthAug 2024: -9.17% | +2.8%Positive MonthSep 2024: +2.79% | +5.3%Positive MonthOct 2024: +5.34% | +15.4%Positive MonthNov 2024: +15.41% | -6.7%Negative MonthDec 2024: -6.67% |
| 2023 | +7.5%Positive MonthJan 2023: +7.48% | -3.6%Negative MonthFeb 2023: -3.59% | -5.7%Negative MonthMar 2023: -5.69% | +1.3%Neutral MonthApr 2023: +1.32% | -6.8%Negative MonthMay 2023: -6.81% | +16.0%Positive MonthJun 2023: +16.00% | +13.2%Positive MonthJul 2023: +13.22% | +1.1%Neutral MonthAug 2023: +1.12% | -2.4%Negative MonthSep 2023: -2.40% | -2.5%Negative MonthOct 2023: -2.55% | -1.9%Neutral MonthNov 2023: -1.95% | +1.3%Neutral MonthDec 2023: +1.27% |
| 2022 | +14.0%Positive MonthJan 2022: +14.05% | +7.1%Positive MonthFeb 2022: +7.07% | +23.9%Positive MonthMar 2022: +23.93% | -14.8%Negative MonthApr 2022: -14.80% | +16.0%Positive MonthMay 2022: +15.99% | -19.8%Negative MonthJun 2022: -19.76% | -11.0%Negative MonthJul 2022: -11.01% | -1.7%Neutral MonthAug 2022: -1.67% | -17.0%Negative MonthSep 2022: -17.02% | +32.0%Positive MonthOct 2022: +31.97% | +4.9%Positive MonthNov 2022: +4.92% | +1.8%Neutral MonthDec 2022: +1.76% |
| 2021 | — | — | — | — | +21.5%Positive MonthMay 2021: +21.51% | -6.3%Negative MonthJun 2021: -6.27% | -7.1%Negative MonthJul 2021: -7.13% | +7.3%Positive MonthAug 2021: +7.25% | +8.6%Positive MonthSep 2021: +8.56% | +1.4%Neutral MonthOct 2021: +1.42% | -6.9%Negative MonthNov 2021: -6.94% | +3.1%Positive MonthDec 2021: +3.08% |
| Avg±SD |
Each cell is the percentage change in closing price from the end of the prior month to the end of this month. The bottom row shows the average return for that calendar month across the selected years, plus or minus one standard deviation — the range that historically contained roughly two-thirds of outcomes. Past monthly patterns are not a forecast of future returns.
This aggregates every month by calendar position — all Januaries together, all Februaries together, and so on — to show whether a given month has leaned positive or negative historically. ‘Simple’ counts each month as +1 or −1. ‘Weighted’ gives larger moves more influence: +2 above +10%, −2 below −10%. With only 6 years of history for this asset, each month’s score reflects a small number of observations — read it as a historical tendency, not a reliable seasonal pattern.
This tracks a running tally across the asset’s full price history: each month adds or subtracts based on whether it was positive or negative. A rising line means more positive months than negative so far; a flattening or falling line means recent months have leaned negative. This measures historical month-to-month consistency, not expected future performance.
Year-to-date return is calculated by dividing each day’s closing price by the price on January 1st of that year (or the asset’s first available price if it began trading mid-year). The custom average line shows the mean YTD return at each calendar day across the selected years. The standard deviation band shows the range within which returns have historically fallen — at 1 SD, roughly two-thirds of years; at 2 SD, roughly 95%. Past year-to-date patterns do not predict future returns. The average and standard deviation band are computed from the year set chosen in “Average from”, which is independent of which year lines are displayed. The current in-progress year is excluded from these calculations, since a partial year is not comparable to complete ones. Election-cycle groupings follow the US presidential calendar and are offered only for US and crypto assets.
