Baker Hughes

Energy Oil & Gas Equipment & Services Houston, Texas Last filing Feb 5, 2026 · FY2025

                    Revenue
                    FY2025
                
$27.7B
                    3y CAGR +9.4%
                    
                    P89
                    
                    -0.3%
                    
                    Net income
                    FY2025
                
$2.6B
                    Net margin +9.3%
                    
                    P26
                    
                    -13.1%
                    
                    Total assets
                    FY2025
                
$40.9B
                    ROA +6.3%
                    
                    P59
                    
                    +6.6%
                    
                    Operating cash flow
                    FY2025
                
$3.8B
                    
                    +14.3%

11 yrs · FY2015–FY2025 9 filed · 0 derived · 0 blank

1Y 3Y 5Y 10Y

Dollars % of revenue % of assets YoY % CAGR

Each cell as a share of that year’s revenue.

Balance Sheet

Assets, liabilities, and equity

30 accounts · 3 years

Total assets $40.9B

Total liabilities $13.9B

Shareholders equity $18.8B

Account	2025	2024	2023
Assets
Cash and Cash Equivalents	13.4%	12.1%	10.4%
Short Term Investments	4.4%	4.6%	3.8%
Accounts Receivable	23.9%	25.6%	27.7%
Inventory	17.9%	17.8%	20.0%
Prepaid Expenses	12.7%	6.4%	5.8%
Other Current Assets	12.7%	6.4%	5.8%
Total Current Assets	67.9%	61.8%	63.9%
Property,Plant and Equipment	19.2%	18.4%	19.2%
Goodwill	21.9%	21.8%	24.1%
Intangible Assets	14.8%	14.2%	16.0%
Deferred Tax Assets	7.1%	4.6%	2.8%
Other Noncurrent Assets	10.8%	10.7%	11.9%
Total Assets	147.4%	137.9%	144.8%
Liabilities
Accounts Payable	16.5%	16.3%	17.5%
Accrued Liabilities	0.0%	4.4%	5.3%
Deferred Revenue	21.3%	20.4%	21.7%
Current Portion of Long Term Debt	2.5%	0.2%	0.6%
Other Current Liabilities	9.8%	9.8%	11.1%
Total Current Liabilities	50.0%	46.7%	50.9%
Long Term Debt	21.9%	21.6%	23.6%
Deferred Tax Liabilities	0.3%	0.3%	0.7%
Other Noncurrent Liabilities	5.2%	4.6%	5.5%
Total Liabilities	50.0%	46.7%	50.9%
Equity
Common Stock	0.0%	0.0%	0.0%
Additional Paid In Capital	89.2%	93.1%	105.8%
Retained Earnings	-11.7%	-21.0%	-34.6%
Accumulated Other Comprehensive Income	-9.6%	-11.4%	-11.0%
Noncontrolling Interest	0.6%	0.6%	0.6%
Total Stockholders Equity	67.9%	60.7%	60.3%
Total Liabilitiesand Equity	147.4%	137.9%	144.8%

Income Statement

Revenue, expense, and profitability

12 accounts · 3 years

Revenue $27.7B

Operating income $3.1B

Net income $2.6B

Account	2025	2024	2023
IncomeStatement
Revenues Total Revenue	100.0%	100.0%	100.0%
Expenses Research and Development	2.2%	2.3%	2.6%
Expenses Selling,General and Administrative	8.6%	8.8%	10.2%
Expenses Depreciation and Amortization	4.3%	4.1%	4.3%
Expenses Share Based Compensation	0.7%	0.7%	0.8%
Expenses Restructuring and Asset Impairment	0.8%	0.9%	1.2%
Other Income Expense Interest Expense	-0.8%	-0.7%	-0.8%
Other Income Expense Other Income/expense	-0.9%	1.2%	2.1%
Other Income Expense Income Before Tax	10.4%	11.7%	10.4%
Income Tax Income Tax Expense	0.9%	0.9%	2.7%
net Income net Income	9.3%	10.7%	7.6%
net Income Comprehensive Income	11.2%	9.4%	8.3%

Cash Flow Statement

Operating, investing, and financing flows

19 accounts · 3 years

Operating cash flow $3.8B

Investing cash flow $-2.0B

Financing cash flow $-1.5B

Account	2025	2024	2023
CashFlow
Operating Activities net Income	9.3%	10.7%	7.6%
Operating Activities Depreciation and Amortization	4.3%	4.1%	4.3%
Operating Activities Stock Based Compensation	0.7%	0.7%	0.8%
Operating Activities Deferred Income Taxes	-2.5%	-2.4%	-0.2%
Operating Activities Changes In Operating Assets and Liabilities	-1.8%	1.9%	12.1%
Operating Activities net Cash From Operating Activities	13.7%	12.0%	12.0%
Investing Activities Business Acquisitions	3.0%	0.0%	1.2%
Investing Activities Purchases of Investments	4.6%	4.6%	4.8%
Investing Activities Other Investing Activities	0.5%	0.1%	0.6%
Investing Activities net Cash From Investing Activities	-7.4%	-3.7%	-3.2%
Financing Activities Repayment of Debt	0.0%	0.5%	2.6%
Financing Activities Repurchase of Common Stock	1.4%	1.7%	2.1%
Financing Activities Dividends Paid	3.3%	3.0%	3.1%
Financing Activities Other Financing Activities	-0.7%	-0.2%	-0.2%
Financing Activities net Cash From Financing Activities	-5.3%	-5.5%	-8.0%
Cash Reconciliation Effect of Exchange Rate On Cash	0.2%	-0.3%	-0.2%
Cash Reconciliation net Change In Cash	1.3%	2.6%	0.6%
Cash Reconciliation Cash At Beginning of Period	13.4%	12.1%	10.4%
Cash Reconciliation Cash At End of Period	13.4%	12.1%	10.4%

Key Ratios

Margins, returns, liquidity, leverage, efficiency

Computed at import · 3 years

Ratio	2025	2024	2023
Profitability
Gross margin	—	+11.1%	+9.1%
Operating margin	—	+11.1%	+9.1%
Net margin	+9.3%	+10.7%	+7.6%
FCF margin	—	—	—
Growth
Revenue CAGR (3y)	+9.4%	+10.7%	+7.2%
Returns
ROE	+13.7%	+17.6%	+12.6%
ROA	+6.3%	+7.8%	+5.3%
ROIC	—	+14.5%	+9.1%
Liquidity
Current ratio	1.36x	1.32x	1.25x
Quick ratio	0.75x	0.81x	0.75x
Leverage
D/E	0.74x	0.77x	0.85x
Interest coverage	—	-15.56x	-10.73x
Efficiency
Asset turnover	0.68x	0.73x	0.69x
Cash conversion cycle	—	+99d	+111d

Valuation

Price against fundamentals

FY2025 fundamentals · no price

No price data cached, so there is nothing to multiply. Load prices from the Stock Data tab and this panel reprices itself.

Notes

Your annotations

Not watched

Baker Hughes

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Assets, liabilities, and equity

Revenue, expense, and profitability

Operating, investing, and financing flows

Margins, returns, liquidity, leverage, efficiency

Price against fundamentals

Your annotations

One-year price and volume history

Price data unavailable

Recent price history