profit from every $100 of sales.
$0$100
Baker Hughes
$48.86-1.11% today
+2.8% in 1 year
1-year low $44.471-year high $69.67
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2020 to 2025.
0%20% a year
You pay $18.75 for every $1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Baker Hughes sold, what it kept, and what it did with the cash.
Sales went from $21.2 billion in 2022 to $27.7 billion in 2025, with $2.59 billion of profit last year.
SalesProfit
Baker Hughes handed back 51% of the cash it generated last year.
$910M
Free cash flow 2025$2.5B
Bought back its own shares$384M
Paid as dividends$910M
Cash vs. debt$3.7B vs. $6.1B
Baker Hughes vs. similar companies
Baker Hughes grows in the middle of these 5 and is priced in the middle for its profits.
| Company | Profit from $100 of sales | Sales growth a year | Price per $1 of profit |
|---|---|---|---|
| Baker Hughes | 18.7× · Fair price | ||
 SLB | 22.3× · Fair price | ||
 Tenaris | 15.9× · Fair price | ||
 Halliburton | 21.1× · Fair price | ||
 TechnipFMC | 26.2× · Fair price |
Compare Baker Hughes with TechnipFMC
AI analysis
An AI analyst reads Baker Hughes's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 20,705 | 20,502 | 21,156 | 25,506 | 27,829 | 27,733 | |
| – | – | 4,400 | 5,902 | 6,483 | 6,544 | |
| – | – | 1,890 | 2,640 | 3,382 | 3,557 | |
| – | – | 1,335 | 3,958 | 4,599 | 4,287 | |
| -9,940 | -219 | -601 | 1,943 | 2,979 | 2,588 | |
| -14.73 | -0.27 | -0.61 | 1.91 | 2.98 | 2.60 | |
| – | – | 20.8% | 23.1% | 23.3% | 23.6% | |
| – | – | 8.9% | 10.4% | 12.2% | 12.8% | |
| -48.0% | -1.1% | -2.8% | 7.6% | 10.7% | 9.3% |
Balance sheet
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| Total assets | 38,007 | 35,308 | 34,181 | 36,945 | 38,363 | 40,881 |
| Cash | 4,132 | 3,853 | 2,488 | 2,646 | 3,364 | 3,715 |
| Total debt | 7,633 | 6,727 | 6,658 | 6,021 | 6,023 | 6,087 |
| Total liabilities | – | – | 19,656 | 21,426 | 21,308 | 21,871 |
| 12,893 | 14,830 | 14,394 | 15,368 | 16,895 | 18,834 | |
| – | – | 987 | 1,015 | 1,001 | 994 | |
| – | – | 1.0% | 10.6% | 11.9% | 9.8% | |
| -77.1% | -1.5% | -4.2% | 12.6% | 17.6% | 13.7% |
Cash flow
| In millions of USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|
| 1,304 | 2,374 | 1,888 | 3,062 | 3,332 | 3,810 | |
| 974 | 856 | 989 | 1,224 | 1,278 | 1,273 | |
| 330 | 1,518 | 899 | 1,838 | 2,054 | 2,537 | |
| Dividends paid | 488 | 592 | 726 | 786 | 836 | 910 |
| 0 | 434 | 828 | 538 | 484 | 384 | |
| 210 | 205 | 207 | 197 | 202 | 203 |
Valuation
- 18.7×
- 20.4×
- –
- 2.5×
- 1.7×
- 19.1×
- 11.9×
- 5.2%
- 5.3%
- 1.4%
Profitability
- 23.6%
- 12.8%
- 9.3%
- 16.3%
- 10.1%
- 8.6%
- 16.8%
- 6.1%
- 9.6%
- 2.1%
Growth
- +6.0%
- –
- +23.5%
- +5.0%
- +0.2%
Financial health
- 0.6×
- 0.32
- 31.8%
- 14.0×
- 1.36
- 1.77
- 0.55
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 34%of 467
Top 50%of 466
Bottom 46%of 387
Top 38%of 461
Top 50%of 460
What analysts expect
- Average price target
- $72.00
- Range
- $60.00 – $80.00
- 10 analysts
These targets were collected on May 20, 2026 and our analyst feed has not updated since, so we no longer compare them with today's price.
Recent earnings
Our results feed has not updated since May 21, 2026. Results reported after that are not in this table yet.
| Date | EPS | Expected | Surprise |
|---|---|---|---|
| Apr 23, 2026 | 0.58 | 0.49 | +17.6% |
| Jan 25, 2026 | 0.78 | 0.67 | +16.8% |
| Oct 23, 2025 | 0.68 | 0.62 | +10.4% |
| Jul 22, 2025 | 0.63 | 0.56 | +13.5% |
| Apr 22, 2025 | 0.51 | 0.47 | +8.1% |
| Jan 30, 2025 | 0.70 | 0.62 | +12.2% |
| Oct 22, 2024 | 0.67 | 0.61 | +9.8% |
| Jul 25, 2024 | 0.57 | 0.49 | +16.3% |
1.4%of the share price, paid each year
On $1,000 invested$14a year at today's yield, before tax
+5.0%2020 to 2025
Raised4 yearsin a row, in our data
Paid per share, each year
$0.68 in 2015 → $0.92 in 2025
How safe it looks
35.2% of its profit
Room to growStretchedMore than it earns: 35.9%
News
U.S. drilling rig count jumps by 4 in latest Baker Hughes surveySeeking Alpha · Sep 18, 2026Baker Hughes sees no slowdown in energy projects despite higher rates as AI buildouts stoke LNG demandCNBC · Sep 14, 2026U.S. drilling rig count rises by 3 in latest Baker Hughes surveySeeking Alpha · Sep 11, 2026The newest story we have is from Sep 18, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
0/7Passes 0 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
52No pass
Benjamin Graham
42No pass
Philip Fisher
44No pass
Peter Lynch
52No pass
Joel Greenblatt
33No pass
Charlie Munger
42No pass
Terry Smith
38No pass
Questions about Baker Hughes
Is Baker Hughes a good stock to buy?
A solid business at a fair price. 0 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Baker Hughes AI analysis
What does Baker Hughes do?
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. It is in Oil & Gas Equipment & Services, based in Houston, TX, United States, with 53,000 employees.
Does Baker Hughes pay a dividend?
Yes. At today's price the dividend is 1.4% a year, about 35% of its yearly profit. In 2025 it paid out $910 million in dividends.
Is Baker Hughes stock halal?
Yes. Baker Hughes passes our halal screen: its business is permitted and its debt is 13% of its market value, under the 30% limit. How we check
How has Baker Hughes stock done over the past year?
Up 2.8% over the past twelve months, to $48.86. It traded between $44.47 and $69.67 and is 29.9% below its high.
Who are Baker Hughes's competitors?
The largest listed companies in the same industry are SLB, Tenaris, Halliburton and TechnipFMC. The peers table on this page compares their profit, growth and price with Baker Hughes's.
Prices: daily closes to Nov 12, 2026. Fundamentals: company reports via invest-like data.