Since last quarter: No major changeValuation also moves with the share price every day.
Why it changed since the Oct 27, 2026 close: Score 33 → 39
Share price -10.5%+7
Peer companies moved-1
Each step re-scores the company against its peers as they were on Oct 28, 2026; the parts add up to the change. Price effects on EBITDA yield are approximate.
Return on invested capital, operating margin, and return on assets.
Operating margin12.8%
Yahoo Finance fallback · SEC operating income not reported in standard form · fiscal year to Dec 2025Reported value33% base weight · Z-score 0.12Sector median: 0.1169 · MAD: 0.0936
Return on assets5.9%
SEC filings · 12 months to Jun 2026Reported value33% base weight · Z-score 0.48Sector median: 0.0444 · MAD: 0.0302
Return on invested capital14.7%
Yahoo Finance fallback · SEC operating income or invested capital unavailable · trailing 12 monthsReported value33% base weight · Z-score 0.83Sector median: 0.0929 · MAD: 0.0648
Other data (not scored)
Gross margin23.7%
Yahoo Finance fallback · SEC figure unavailable or out of date · trailing 12 monthsReported valueInformational · 0% composite weightSector median: 0.3310 · MAD: 0.1935
Return on equity15.6%
SEC filings · 12 months to Jun 2026Reported valueInformational · 0% composite weightSector median: 0.1014 · MAD: 0.0743
Valuation, growth and profitability scores: higher is better. Risk: 0 is lower, 2 is higher. Risk is a relative proxy, not a bankruptcy probability. Scores depend on available sector peers.
Questions investors ask about Baker Hughes
Is Baker Hughes getting weaker?
Its latest SEC filing (Jul 27, 2026) showed no major changes. Its overall score is 47/100, up 1 since Oct 28, 2026.
How is Baker Hughes valued vs its peers?
Priced higher than most peers relative to what it earns. Valuation scores 39/100 against 404 energy peers.EBITDA yield 9.3% vs a peer median of 12.1% (weaker than 66% of peers).EBITDA yield 9.3% vs peers 12.1% (weaker than 66% of peers).
Is Baker Hughes growing?
At about the same pace as its peers. Growth scores 57/100 against 404 energy peers.3-year revenue growth 6.0% vs a peer median of -1.3% (stronger than 72% of peers).3-year revenue growth 6.0% vs peers -1.3% (stronger than 72% of peers).
How profitable is Baker Hughes?
About as profitable as its peers. Profitability scores 57/100 against 404 energy peers.Return on invested capital 14.7% vs a peer median of 9.3% (stronger than 68% of peers).Return on invested capital 14.7% vs peers 9.3% (stronger than 68% of peers).
How risky is Baker Hughes?
Moderate risk relative to 404 energy peers, judged on debt, liquidity and share-price swings.Current ratio 2.09× vs a peer median of 1.37× (stronger than 75% of peers).Current ratio 2.09× vs peers 1.37× (stronger than 75% of peers).Beta 1.03 vs a peer median of 0.57 (weaker than 87% of peers).Beta 1.03 vs peers 0.57 (weaker than 87% of peers). A relative measure, not a bankruptcy probability.
Latest filing: what changed
Quarter ended Jun 30, 2026 · filed Jul 27, 2026 · compared with the quarter ended Mar 31, 2026
No major changes
Previous quarter
Latest quarter
Change
Revenue (12 months)
27.9B USD
27.7B USD
−0.6%
Net income (12 months)
3.1B USD
3.1B USD
−0.6%
Free cash flow (12 months)
2.3B USD
3.1B USD
+36.5%
Debt
16.2B USD
16.3B USD
+0.6%
Cash
14.8B USD
15.7B USD
+6.5%
Shares outstanding
992.1M
992.7M
+0.1%
From the company’s own SEC filings, as filed. Twelve-month figures roll forward one quarter at a time.
Industry valuation context
Sector: Energy · 117 companies
Valuations in Energy are above their usual range since 2016.
71% of months since 2016 were valued lower than now.
41% of companies are in the most expensive fifth of their own price-to-sales history.
Over 24 months, company values +37% and earnings +10% (medians): prices rose faster than earnings.
Median price-to-sales is −30% vs the whole market, against a usual −35%.
2016Shaded: most expensive fifth of its range2026
Shown for Energy: too few Oil & Gas Equipment & Services companies have a long enough history of their own.
This is a cyclical group: after a downturn, trailing earnings and sales fall faster than prices, which can make valuations look high near a cycle's low.
Describes valuations since 2016; it does not predict prices. US companies worth $1B+, from SEC filings and month-end prices, as of Aug 2026. Today's companies and industry labels are used throughout. Measured on earnings, EBITDA, sales and free cash flow yields. How this works
Financials
Fiscal years from SEC annual filings · change vs the prior year
Key ratios
FY 2021
FY 2022
FY 2023
FY 2024
FY 2025
Change
Operating margin
6.4%
5.6%
9.1%
11.1%
11.3%
▲ 0.2 pts
Net margin
-1.1%
-2.8%
7.6%
10.7%
9.3%
▼ 1.4 pts
Return on assets (ROA)
-0.6%
-1.8%
5.3%
7.8%
6.3%
▼ 1.4 pts
Return on equity (ROE)
-1.5%
-4.2%
12.6%
17.6%
13.7%
▼ 3.9 pts
Free cash flow margin
7.4%
4.2%
7.2%
7.4%
9.1%
▲ 1.8 pts
Current ratio
1.65×
1.32×
1.25×
1.32×
1.36×
▲ 2.4%
Quick ratio
1.21×
0.90×
0.86×
0.94×
1.00×
▲ 6.0%
Debt to equity
0.45×
0.46×
0.39×
0.36×
0.32×
▼ 9.3%
BKR price history
Price history is added with the daily price update and will appear after the next one.