11 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $27.7B | $2.6B | 0.0% | 0.0% | $2.5B | $6.1B | $3.7B |
| 2024 | $27.8B | $3.0B | 0.0% | 11.1% | $2.1B | $6.0B | $3.4B |
| 2023 | $25.5B | $1.9B | 0.0% | 9.1% | $1.8B | $6.0B | $2.6B |
| 2022 | $21.2B | -$601M | 0.0% | 5.6% | $899M | $6.7B | $2.5B |
| 2021 | $20.5B | -$219M | 0.0% | 6.4% | $1.5B | $6.7B | $3.9B |
| 2020 | $20.7B | -$9.9B | 0.0% | -77.2% | $330M | $7.6B | $4.1B |
| 2019 | $23.8B | $128M | 18.6% | 4.5% | $886M | $6.6B | $3.2B |
| 2018 | $22.9B | $195M | 17.4% | 3.1% | $767M | $7.2B | $3.7B |
| 2017 | $17.2B | -$103M | 17.7% | -1.7% | -$1.5B | $8.3B | $7.0B |
| 2016 | $13.1B | $0 | 22.4% | 3.5% | -$162M | $277M | $981M |
| 2015 | — | $0 | — | — | $670M | — | $1.4B |
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $6.6B | $930M | 0.0% | 0.0% | $164M | $16.2B | $14.8B |
| Dec '25 | $7.4B | $876M | 0.0% | 0.0% | $1.3B | $6.1B | $3.7B |
| Sep '25 | $7.0B | $609M | 0.0% | 0.0% | $634M | $6.1B | $2.7B |
| Jun '25 | $6.9B | $701M | 0.0% | 0.0% | $209M | $6.0B | $3.1B |
| Mar '25 | $6.4B | $402M | 0.0% | 0.0% | $409M | $6.0B | $3.3B |
| Dec '24 | $7.4B | $1.2B | 0.0% | 9.0% | $837M | $6.0B | $3.4B |
| Sep '24 | $6.9B | $766M | 0.0% | 13.5% | $710M | $6.0B | $2.7B |
| Jun '24 | $7.1B | $579M | 0.0% | 11.7% | $56M | $5.9B | $2.3B |
| Mar '24 | $6.4B | $455M | 0.0% | 10.2% | $451M | $6.0B | $2.7B |
| Dec '23 | $6.8B | $440M | 0.0% | 9.5% | $576M | $6.0B | $2.6B |
| Sep '23 | $6.6B | $518M | 0.0% | 10.8% | $529M | $6.7B | $3.2B |
| Jun '23 | $6.3B | $410M | 0.0% | 8.1% | $582M | $6.6B | $2.8B |
| Mar '23 | $5.7B | $576M | 0.0% | 7.7% | $151M | $6.7B | $2.4B |
| Dec '22 | $5.9B | $182M | 0.0% | 11.2% | $629M | $6.7B | $2.5B |
| Sep '22 | $5.4B | -$17M | 0.0% | 5.0% | $371M | $6.7B | $2.9B |
| Jun '22 | $5.0B | -$839M | 0.0% | -0.5% | $95M | $6.7B | $2.9B |
| Mar '22 | $4.8B | $72M | 0.0% | 5.8% | -$196M | $6.7B | $3.2B |
| Dec '21 | $5.5B | $293M | 0.0% | 10.5% | $508M | $6.7B | $3.9B |
| Sep '21 | $5.1B | $8M | 0.0% | 7.4% | $218M | $6.8B | $3.9B |
| Jun '21 | $5.1B | -$68M | 0.0% | 3.8% | $335M | $6.8B | $3.9B |
How the market has priced BKR against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
Over the past 5 years, Baker Hughes's revenue has grown 6.0% per year. These are computed facts, not advice.
As of FY2025, Baker Hughes reported $6.1B of total debt against $3.7B of cash.
In FY2025, gross margin was —, operating margin —, and net margin 9.3%.
As of Jun '26, Baker Hughes traded at a price-to-earnings ratio of about 21.8× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S and dividend yield have moved with the share price. These are computed facts, not advice.
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.