Baker Hughes Company

BKR Energy Oil & Gas Equipment & Services

Baker Hughes Company’s revenue for fiscal 2025 (year ended December 2025) was $27.7 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue fell 2.43%, EPS fell 2.82%, free cash flow grew 366.0% and total debt rose 169.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, operating cash flow growth for three.

55.70 1.30 +2.39%
Market cap
$54.0B
P/E
17.7×
Fwd P/E
23.2×
Dividend yield
1.65%
F-score
7/9
Altman Z
2.22
Beneish M
−2.67
Dividend safety
78/100

Baker Hughes Company (BKR) Gross margin

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Baker Hughes Company's gross margin over the twelve months to 30 June 2026 was 23.6%, down 0.0 percentage points from fiscal 2025 (23.6%). Over the past ten years it has ranged from 15.5% (fiscal 2020) to 26.9% (fiscal 2015); the current reading is higher than 91% of that period. That is in line with the Oil & Gas Equipment & Services industry median of 23.3% and below the Energy sector median of 49.5%.

Gross margin, annual

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Annual newest first

Period Gross margin Change (points)
FY2025 23.6% 0.30
FY2024 23.3% 0.16
FY2023 23.1% 2.34
FY2022 20.8% 1.05
FY2021 19.8% 4.30
FY2020 15.5% (3.14)
FY2019 18.6% 1.17
FY2018 17.4% (0.25)
FY2017 17.7% (4.74)
FY2016 22.4% (4.53)

Quarterly newest first

Period Gross margin Change (points)
Jun 2026 23.4% 0.56
Mar 2026 22.8% (0.90)
Dec 2025 23.7% (0.54)
Sep 2025 24.3% 0.90
42 more quarters

Against its own ten years

Low 15.5% High 26.9%
Ten-year median 20.8%
Current reading's percentile 76

Gross margin against peers

Company Gross margin
LB LandBridge Company LLC compare 98.8%
SEI Solaris Energy Infrastructure, Inc. compare 49.9%
TS Tenaris S.A. compare 33.9%
WFRD Weatherford International PLC compare 30.5%
BKR Baker Hughes Company 23.6%
FTI TechnipFMC plc compare 23.0%
NOV NOV Inc. compare 20.5%
SLB SLB Limited compare 16.5%
HAL Halliburton Company compare 15.1%
Oil & Gas Equipment & Services industry median 23.3%
Energy sector median 49.5%
Market median 46.2%

What Gross margin is

Gross Margin tells an investor how much of each sale a company keeps after paying the direct costs of making or buying what it sells.

Gross Profit ÷ Revenue

The full definition of Gross margin →

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