Company Analysis

Baker Hughes Company (BKR)

Nasdaq: BKR · Oil & Gas Field Machinery & Equipment · Houston, TX · filing with the SEC since 2017
Grade5.4
◀ Past 5.4● Present 5.9▶ Future 4.7
1 est.

The grade of Baker Hughes Company

Nine metrics read from its own filings, by tense
Headline grade
5.4/10
◀ Past5.430% of the headline
● Present5.940% of the headline
▶ Future4.730% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

5.4/1030% of the headline grade · 2 of 3 filed, 1 estimated

Surviving crises

as filed
2.9/10

Has it survived what it has been through?

2 warning events since 2017; the latest 2021-10-27.

weight 33% of this tense · 29th percentile among 17 sector filers · read for itself

From the record

Baker Hughes Company's filings since 2017 show 2 warning events of 2 kinds: a notice about its exchange listing (8-K item 3.01, the latest 2021-10-27); an auditor change (8-K item 4.01, the latest 2017-07-03) (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
5.2/10

What has it actually done, year after year?

+8.7% a year over 10 filed years; profitable in 5 of 10.

weight 45% of this tense · 52nd percentile among 15 sector filers · read for its customers

From the record

Baker Hughes Company's 10 filed years say what it did: revenue went from $13 billion in fiscal 2016 to $28 billion in fiscal 2025, up 8.7% a year; it rose in 6 of 9 years; the deepest fall was 14% from fiscal 2019 to fiscal 2021; net income was positive in 5 of 10 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span8.7%top 43% of its family
  • the share of years revenue rosebottom 47% of its family
  • the share of filed years with a profitbottom 33% of its family
  • the deepest fall from a revenue peak14.0%top 30% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

SI estimate
9.6/10

How has it treated the people who own it?

SI estimate 9.6/10, confidence 35 of 100 (one part).

weight 22% of this tense · 96th percentile among 16 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
Read from one part only, the cash returned against operating cash flow, which ranks in the top 4% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
What the record cannot read
Fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income.
How it was reasoned
one part: cash returned against operating cash flow, the one part on file, ranked among 16 in its family.
Confidence
35 of 100
What would change it
A filing that carries the missing parts replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Baker Hughes Company's shareholder treatment is put at 9.6 of 10 with a confidence of 35 of 100, because read from one part only, the cash returned against operating cash flow, which ranks in the top 4% of 16 in its family; fewer than two of the parts can be read: the share count over the years, and the cash returned against a positive operating cash flow or net income. A filing that carries the missing parts replaces this estimate with the filed reading.

● Present

What are they doing right now?

5.9/1040% of the headline grade · 3 of 3 filed

Financial health

as filed
5.6/10

Is it financially healthy right now?

ROE 14%: 14¢ of profit per shareholder dollar. Leverage 53%: owes 53¢ per asset dollar.

weight 45% of this tense · 56th percentile among 16 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Baker Hughes Company earned about 14 cents of profit for every dollar of shareholders' money. Leverage: it owed about 53 cents per dollar of assets (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 47% of its family
  • return on equitytop 34% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
7.0/10

How strong is its position in its industry?

top 30% of 16 in its family; net margin 9.3%.

weight 33% of this tense · 70th percentile among 16 sector filers · read for its customers

From the record

Baker Hughes Company's standing among 16 graded names in its industry family: revenue of $28 billion in fiscal 2025 ranks in the top 3% by size; a net margin of 9.3% ranks in the top 34%; revenue growth of 9.4% a year over the last 3 filed years ranks in the bottom 47% (its annual reports).

What it rests on

  • revenue against the family$27.73Btop 3% of its family
  • net margin9.3%top 34% of its family
  • three-year revenue growth9.4%bottom 47% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

as filed
5.0/10

What are the people in charge doing?

top 50% of 10 in its family for leadership; chief executive since 2017.

weight 22% of this tense · 50th percentile among 10 sector filers · read for its shareholders

From the record

Baker Hughes Company's leadership, from its insiders' filings and its current reports: the chief executive on the record is Simonelli, Lorenzo (Chairman, President and CEO, as filed), filing under that title since 2017-07-03, 9.4 years (top 15% of its family); the 18 officers and directors filing in the last fifteen months have been on the record a median of 3.8 years (bottom 5%); 7 officer or director changes were reported on Form 8-K since 2023-11-13, against the 18 people in charge now (top 39%; fewer changes for each person reads higher) (the Form 4 record, its Form 8-K reports). Years count from a person's first filing in the SEC's data sets, which begin in 2006, so each is a floor.

What it rests on

  • officer and director changes on Form 8-K, against the people in charge7 in three years among 18 peopletop 39% of its family
  • the median years the people in charge have filed3.8 yearsbottom 5% of its family
  • the chief executive's years on the record9.4 yearstop 15% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

▶ Future

What are they set up to do next?

4.7/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
4.8/10

How much room does it have to grow?

bottom 48% of 16 in its family for room to expand.

weight 45% of this tense · 48th percentile among 16 sector filers · read for itself

From the record

Baker Hughes Company's room to grow, from the newest filed statements (fiscal 2025): cash of $3.7 billion against debt of $5.4 billion leaves -4.1% of its assets as net cash, bottom 41% of its family; cash from operations less capital spending is 9.1% of revenue (bottom 47%); research spending of 2.2% of revenue (top 44%) (its annual report).

What it rests on

  • cash less debt against assets-4.1%bottom 41% of its family
  • cash from operations less capital spending against revenue9.1%bottom 47% of its family
  • research spending against revenue2.2%top 44% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
3.8/10

What could actually drive growth from here?

bottom 38% of 15 in its family for growth drivers.

weight 33% of this tense · 38th percentile among 15 sector filers · read for its customers

From the record

Baker Hughes Company's growth drivers, from the filed years to fiscal 2025: revenue grew 9.4% a year over the last three filed years against 8.7% over all 10, speeding up (top 43% of its family); the newest year grew -0.3% (top 50%); research spending grew 2.8% a year (bottom 6%); capital spending grew 8.8% a year (bottom 39%) (its annual reports). Baker Hughes Company reported 2 lines of business in fiscal 2025: Oilfield Services and Equipment at $14 billion (52%), Industrial and Energy Technology at $13 billion (48%); 1 of 2 grew against the year before (its annual report).

What it rests on

  • three-year growth against the whole span+0.7 points a yeartop 43% of its family
  • the newest year's revenue growth-0.3%top 50% of its family
  • three-year growth of research spending2.8%bottom 6% of its family
  • three-year growth of capital spending8.8%bottom 39% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
5.8/10

Did its newest year beat what its own record pointed to?

top 42% of 14 in its family for expectations against reality.

weight 22% of this tense · 58th percentile among 14 sector filers · read for its shareholders

From the record

Baker Hughes Company's newest year against its own record: revenue of $28 billion in fiscal 2025 came in 13.1% below the $32 billion its prior three years' pace pointed to (bottom 25% of its family); net income of $2.6 billion against a prior three-year average of $1.4 billion (top 25%); a net margin of 9.3% against 5.2% before (top 25%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace-13.1%bottom 25% of its family
  • net income against the prior three years' average+80%top 25% of its family
  • net margin against its prior average+4.2 pointstop 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton BKR · research, not advice