Baker Hughes Company (BKR) - Company Profile - 2026-05-01

Company Overview

Baker Hughes Company (BKR) is a United States-based energy technology and services company with approximately 53,000 employees. The company operates in the Energy sector, focusing on oil and gas equipment and services, as well as industrial technology solutions. Its headquarters are in Houston, Texas. Baker Hughes markets its offerings through two main segments: Oilfield Services & Equipment and Industrial & Energy Technology. The company has a long-standing history, with its name change to Baker Hughes Company occurring in October 2019, after separating from its prior GE affiliation and adopting a standalone corporate structure established in 2016.

Business and Operations

Baker Hughes divides its operations into two principal segments, each serving a broad set of customers across the energy value chain and related industries:

• Oilfield Services & Equipment: This segment designs, manufactures, and delivers products and services for onshore and offshore oilfield operations. It encompasses drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems; oilfield and industrial chemicals; subsea projects and services; flexible pipe systems; surface pressure control systems; and integrated well services and solutions. The segment serves oil and natural gas companies, national or state-owned entities, EPC contractors, geothermal companies, and other oilfield service providers, addressing exploration through decommissioning activities.

• Industrial & Energy Technology: This segment provides gas technology equipment (drivers, driven equipment, and turnkey solutions) for mechanical and electric-drive, compression, and power-generation applications, along with aftermarket uptime services. It includes non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant software for asset/process optimization; Bently Nevada sensing and protection hardware for vibration monitoring; and climate technology solutions. The segment serves industrial, upstream, midstream, downstream, onshore, offshore, and varying scale customers across energy and industrial markets.

The company emphasizes a global footprint and integration of hardware, software, and services to address complex energy projects. Baker Hughes positions itself as a technology-focused provider serving a broad set of customers in the oil and gas value chain and related industrial sectors. The Houston headquarters remains a central hub for its operations and leadership.

Fundamental Metrics

• Market cap: $68.57B
• Enterprise value: $69.52B
• P/E (trailing): 22.08
• P/E (forward): 24.80
• P/B: 3.55
• P/S: 2.46
• PEG: 2.80
• Profit margin: 11.17%
• Operating margin: 12.28%
• ROE: 17.18%
• ROA: 5.01%
• Debt/Equity: 82.94
• Current ratio: 2.13
• Revenue (TTM): $27.89B
• Revenue growth (YoY): 2.50%
• Earnings growth (YoY): 132.50%
• Free cash flow: $3.15B
• Dividend yield: 132.00%
• Payout ratio: 29.39%
• Beta: 0.90

Share Structure and Ownership

• Shares outstanding: 992,068,697
• Float: 989,777,018
• Insider held: 0.15%
• Institutional held: 102.36%
• Short ratio (days to cover): 2.50
• Short % of float: 2.66%

Top institutional holders:

• Vanguard Group Inc: 14.67%
• BlackRock Inc.: 11.29%
• JPMorgan Chase & Co: 10.48%
• State Street Corporation: 7.41%
• Capital World Investors: 5.70%

Trading Activity

• Last close: $69.12 (2026-05-01)
• 30-day average volume: 9,009,528
• 90-day average volume: 9,301,322
• 52-week high: $70.41
• 52-week low: $35.83
• Drawdown from 52W high: -1.83%

Recent Price Action

• 1-month change: +14.55%
• 3-month change: +22.06%
• Year-to-date (YTD) change: +46.63%
• 1-year change: +86.31%
• 30-day average volume: 9,009,528
• 90-day average volume: 9,301,322

Strengths

• Diversified portfolio across Oilfield Services & Equipment and Industrial & Energy Technology, enabling exposure to multiple endpoints within oil & gas and broader industrial markets.
• Global operating footprint with a wide customer base spanning onshore and offshore oil and gas, as well as industrial sectors.
• Profitability metrics: Profit margin 11.17%, Operating margin 12.28%, and ROE 17.18%.
• Robust free cash flow generation: $3.15B in the trailing twelve months.
• Liquidity and leverage indicators: Current ratio 2.13 and Debt/Equity 82.94.
• Valuation and market metrics: P/E trailing 22.08 and P/S 2.46; P/B 3.55; PEG 2.80.
• Dividend and capital return data: Dividend yield 132.00% and Payout ratio 29.39%.
• Market exposure and ownership: Institutional holders account for 102.36% (as reported) with large allocations to Vanguard Group Inc, BlackRock Inc., and JPMorgan Chase & Co.
• Moderate equity beta: 0.90, indicating comparatively lower sensitivity to market movements relative to the broader market.

Considerations

• Leverage level: Debt/Equity at 82.94, indicating a substantial debt load relative to equity.
• Revenue growth modest (YoY 2.50%) while earnings growth shows stronger YoY expansion (132.50%), suggesting earnings leverage or other non-revenue drivers.
• Dividend yield reported at 132.00% is unusually high for a typical equity dividend context; interpretation of sustainability would require additional disclosure.
• Institutional ownership is high, with several large managers; sensitivity to action by major holders could influence trading dynamics.
• Short interest indicators (Short ratio 2.50 days; Short % of float 2.66%) suggest modest near-term bearish positioning, but not extreme.
• Sector cyclicality: Exposure to oil & gas market cycles and related capital expenditure patterns, which can influence demand for the company’s services and technologies.
• Price proximity to 52-week high (near $70.41) may reflect value perceptions within a narrow trading range, requiring further data for deeper valuation context.

Summary

Baker Hughes Company operates two primary segments—Oilfield Services & Equipment and Industrial & Energy Technology—serving oil and gas industries and broader industrial markets from its Houston base. As of 2026-05-01, the firm shows a market capitalization around $68.6 billion, trailing revenue of $27.89 billion with solid profitability metrics and free cash flow, alongside a current ratio above 2.0 and a substantial debt-to-equity level. The stock price last closed at $69.12, with notable year-to-date and one-year gains and a 52-week trading range near the high end of roughly $70.41. Institutional ownership is prominent among major managers, and trading activity features averages around 9.0 million shares daily. The profile presents factual operating characteristics, financial metrics, and market activity without directional valuation or outlook.