Baker Hughes Co
Baker Hughes Co (BKR) is listed on NASDAQ and classified in Oil & Gas Equipment & Services, part of the Energy sector. It is headquartered in Houston, United States and has 54,000 employees. The company is worth $53.23B and trades at 17.2x its earnings of the last twelve months; the median for its sector is 14.7x. Revenue was $27.73B in fiscal 2025, down 0.3% from the year before. Net income was $2.59B. The share price is 23.8% below its 52-week high of $70.41. It pays a dividend yielding 1.72%. 7 of the 38 superinvestors we track held it at the end of Q2 2026. The largest position belongs to Lansdowne Partners (Lansdowne Partners (UK)), at $138.42M. In that quarter, 4 of them opened or added to the position and 2 reduced it. No open-market insider trades in it were filed over the last 30 days.
Written from the data on this page: SEC filings (13F, Form 4, annual reports) and market prices.
Year by year, from the annual reports; dividends from the payments themselves.
Bars are year-end balances; lines are what happened during the year.
Major managers that reported this stock in their latest 13F.
▲ +138.6% over 5Y.
today you would have $2,491.03▲ +149.1%
Dividends reinvested, splits accounted for. Past prices say what happened, not what will.
The last 11 closed years, each at that year’s closing price and reported numbers.
| Indicator | Median | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year-end price | $45.54 | $41.02 | $34.18 | $29.53 | $24.06 | $20.85 | $25.63 | $21.50 | $31.64 | $64.97 | $46.15 | |
| P/E | 32.8x | — | 13.8x | 17.9x | — | — | — | 111.4x | 47.8x | — | — | — |
Seven formulas applied to the reported numbers, each with its assumption next to the result. None of them predicts a price.
Square root of 22.5 × earnings × book value. Blind to intangibles, so it undervalues software and brands.
Earnings growing 25.0% a year plus a 1.7% dividend yield. Growth capped at 25%.
Median P/E of 14.7 among peers in the sector.
Median P/E of 32.8 across this company’s own years on record.
Cash flow growing 15.0% a year for 10 years, discounted at 10%, then 2.5% forever.
This formula has no meaning here — usually a loss, negative cash flow, or a missing input.
Dividend growing 2.5% a year against a 9.2% required return, from the stock’s beta.
Companies of similar size in Energy, for comparison. The columns are the same ones above, in the same order.
| Stock | Price | P/E | P/B | Dividend yield | ROE | Market cap |
|---|---|---|---|---|---|---|
| DVNDevon Energy Corp | $49.18 | 10.7x | 1.4x | 2.60% | 11.52% | $54.1B |
| FANGDiamondback Energy, Inc. | $197.14 | 37.6x | 1.5x | 2.23% | 3.49% | $55.2B |
| MPLXMPLX LP | $58.18 | 12.6x | 4.2x | 7.41% | 33.69% | $58.99B |
| CVECenovus Energy Inc | $32.01 |
| P/S | 1.4x | 1.6x | 1.5x | 1.3x | 1.4x | — | — | — | — | — | — | — |
| P/B | 2.3x | 2.4x | 2.4x | 2.2x | 2.1x | — | — | — | — | — | — | — |
| EPS | — | $2.98 | $1.91 | -$0.61 | -$0.27 | -$14.73 | $0.23 | $0.45 | -$0.24 | — | — |
| Dividend yield | 2.47% | 2.02% | 2.05% | 2.28% | 2.47% | 2.99% | 3.45% | 2.81% | 3.35% | 57.49% | 1.05% | 1.47% |
| Payout | 100.42% | — | 28.19% | 40.84% | — | — | — | 313.04% | 160.00% | — | — | — |
| Profit margin | 0.00% | 9.33% | 10.70% | 7.62% | -2.84% | -1.07% | -48.01% | 0.54% | 0.85% | -0.60% | 0.00% | 0.00% |
| ROE | 0.00% | 13.74% | 17.63% | 12.64% | -4.18% | -1.48% | -77.10% | 0.58% | 1.12% | -0.72% | 0.00% | 0.00% |
Median of the years shown; P/E years above 200x are left out.
The average of the method families that answered, not of the seven numbers: four of the seven start from the same earnings per share.
6 methods answered, across 3 families.
Room for errors in the reported numbers.
+3.6% from the average.
Models, not forecasts, and not investment advice. How each formula works →
| 12.3x |
| 2.4x |
| 1.94% |
| 20.93% |
| $59.03B |
| OKEOneok Inc /new/ | $93.90 | 16.2x | 2.6x | 4.56% | 16.28% | $59.2B |
| LNGCheniere Energy, Inc. | $287.01 | 21.7x | 9.6x | 0.77% | 39.12% | $59.28B |