# Baker Hughes Company (BKR) — Stock CV

Baker Hughes Company is a $56.3B industrial company. Revenue grew 0.4% over the last year, it keeps 11¢ of every dollar of sales as profit, and its net debt equals ~0.8 years of free cash flow. It trades at 18.2× earnings — around the middle of its own history.

> Following a 2022 reorganization, Baker Hughes operates in two segments: oilfield services and equipment, and industrial and energy technology.

## Identity

- **Ticker**: BKR
- **Sector**: Industrials
- **Industry**: Oil & Gas Field Machinery & Equipment
- **Headquarters**: HOUSTON, TX
- **Employees**: 54 000
- **Website**: https://www.bakerhughes.com
- **Market cap**: $56.3B
- **Last price**: $56.70
- **Financial profile**: Mixed

## Vitals (TTM)

- **Revenue**: $27.7B
- **Net income**: $3.10B
- **Free cash flow**: $3.13B
- **Net debt**: $2.37B
- **P/E**: 18.2
- **Revenue growth (YoY)**: 0.4%

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 80 |
| Growth | 12 |
| Profitability | 64 |
| Health | 63 |
| Quality | 65 |
| Moat | 24 |

## Qualifications (beginner checklist) — 8 of 11 passed

- [x] Revenue growing — +0.4% YoY
- [x] Profitable — $3.10B TTM
- [ ] Profit growing — -13.1% YoY
- [x] Generates cash — $3.13B TTM
- [x] Debt under control — ~0.8y of cash flow to repay
- [x] Established company — $56.3B market cap
- [ ] Not printing shares — +47.5% shares over ~5y
- [x] Proven track record — 5/9 profitable years
- [ ] Financially stable — health score 43/100
- [x] Pays a dividend — yield 1.62%
- [x] Valuation not extreme — P/E 18.2

## Experience (career milestones)

- **2025** — Chart Industries (2025) In July 2025, Baker Hughes announced they were acquiring Chart Industries for $13.6 billion…
- **FY2024** — Best year on record: $2.98B net income
- **FY2018** — Turned profitable: $195M net income after a loss year
- **FY2018** — Positive free cash flow every year since: 8-year streak
- **FY2017** — Revenue already above $10B: $17.3B in first reported year
- **2001** — The company introduced the largest fracking proppants vessel for deepwater work in the Gulf of Mexico
- **1990** — The company sold a 71% stake in BJ Services via an initial public offering
- **1987** — Baker Hughes traces its roots to the 1987 merger of Hughes Tool Company and Baker Oil Tool Company and the company…
- **1978** — Christensen Diamond Products was acquired by Norton Co
- **1972** — Teleco Oilfield Services was founded in 1972 and introduced the world's first MWD tool in 1978
- **1963** — The company acquired Aquaness, and in 1964 the combination became Milchem
- **1960** — After collecting data from thousands of bit runs, Hughes introduced the first comprehensive guides to efficient…
- **1942** — Oil Base Inc. (OBI), founded by George Miller in 1942, was acquired by Hughes Tool Company in 1979
- **1929** — Brown in 1929 in Houston and patented the first liner hanger in 1937

## Strengths

- Interest covered 9.9× by operating earnings

## Watch-outs

- Loss-making in 4 of the recent years

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | $20.5B | -$219M | $1.52B |
| FY2022 | $21.2B | -$601M | $899M |
| FY2023 | $25.5B | $1.94B | $1.84B |
| FY2024 | $27.8B | $2.98B | $2.05B |
| FY2025 | $27.7B | $2.59B | $2.54B |

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Source: https://stockcv.com/BKR — derived from company filings; may be delayed or incomplete. Information, not investment advice.