BKR
Baker Hughes Co
NASDAQ: BKR · ENERGY · OIL & GAS EQUIPMENT & SERVICES
$69.67
+1.25% today
Updated 2026-04-30
Market cap
$69.12B
P/E ratio
22.26
P/S ratio
2.48x
EPS (TTM)
$3.13
Dividend yield
1.34%
52W range
$35 – $70
Volume
9.6M
Baker Hughes Co (BKR) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $19.19B | $16.69B | $13.27B | $17.18B | $22.88B | $23.84B | $20.70B | $20.50B | $21.16B | $25.51B | $27.83B | $27.73B |
| Revenue growth (YoY) | — | -13.0% | -20.5% | +29.5% | +33.2% | +4.2% | -13.1% | -1.0% | +3.2% | +20.6% | +9.1% | -0.3% |
| Cost of revenue | $14.28B | $12.19B | $10.12B | $14.14B | $18.89B | $19.41B | $16.97B | $15.96B | $16.20B | $20.25B | $21.35B | $21.19B |
| Gross profit | $4.91B | $4.50B | $3.15B | $3.04B | $3.99B | $4.43B | $3.73B | $4.54B | $4.96B | $5.25B | $6.48B | $6.54B |
| Gross margin | 25.6% | 26.9% | 23.7% | 17.7% | 17.4% | 18.6% | 18.0% | 22.1% | 23.4% | 20.6% | 23.3% | 23.6% |
| R&D | $420.00M | $408.00M | $352.00M | $501.00M | $700.00M | $687.00M | $595.00M | $492.00M | $556.00M | $658.00M | $643.00M | $600.00M |
| SG&A | — | $2.12B | $2.96B | $2.54B | $2.70B | $2.83B | $2.40B | $2.47B | $2.51B | $2.62B | $2.46B | $2.39B |
| Operating income | $2.51B | $-138.00M | $457.00M | $-284.00M | $701.00M | $1.07B | $672.00M | $1.31B | $1.89B | $2.32B | $3.38B | $3.56B |
| Operating margin | 13.1% | -0.8% | 3.4% | -1.7% | 3.1% | 4.5% | 3.2% | 6.4% | 8.9% | 9.1% | 12.2% | 12.8% |
| EBITDA | $3.10B | $492.00M | $1.24B | $888.00M | $2.25B | $2.41B | $1.99B | $1.83B | $1.33B | $2.32B | $4.60B | $4.29B |
| EBITDA margin | 16.1% | 2.9% | 9.3% | 5.2% | 9.8% | 10.1% | 9.6% | 8.9% | 6.3% | 9.1% | 16.5% | 15.5% |
| EBIT | $2.51B | $-38.00M | $686.00M | $-215.00M | $764.00M | $990.00M | $672.00M | $727.00M | $274.00M | $2.32B | $3.46B | $3.10B |
| Interest expense | $232.00M | $120.00M | $102.00M | $131.00M | $223.00M | $237.00M | $264.00M | $299.00M | $252.00M | $216.00M | $198.00M | $222.00M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $1.84B | $-606.00M | $254.00M | $-61.00M | $195.00M | $128.00M | $-9.94B | $-219.00M | $-601.00M | $1.94B | $2.98B | $2.59B |
| Net income growth (YoY) | — | -132.9% | +141.9% | -124.0% | +419.7% | -34.4% | -7865.6% | +97.8% | -174.4% | +423.3% | +53.3% | -13.1% |
| Profit margin | 9.6% | -3.6% | 1.9% | -0.4% | 0.9% | 0.5% | -48.0% | -1.1% | -2.8% | 7.6% | 10.7% | 9.3% |