Baker Hughes Overview

  • Year Founded
  • 1908

Year Founded

  • Status
  • Public

  • Employees
  • 57,000

Employees

  • Stock Symbol
  • BKR

Stock Symbol

  • Investments
  • 71

  • Share Price
  • $37.80
  • (As of Monday Closing)

Baker Hughes General Information

Description

Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment, or OFSE, is one of the Big Three oilfield service players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three quarters of the firm's OFSE. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services across various energy and industrial applications.

Contact Information

Formerly Known As
BHGE, GE Power Systems, Bear Newco, Inc., Baker Hughes A Ge Co Llc, Baker Hughes A Ge Co
Ownership Status
Publicly Held
Financing Status
Corporate Backed or Acquired
Corporate Office
  • 575 North Dairy Ashford Road
  • Suite 100
  • Houston, TX 77079-1121
  • United States
+1 (713)
Primary Industry
Oil and Gas Equipment
Stock Exchange
NAS
Corporate Office
  • 575 North Dairy Ashford Road
  • Suite 100
  • Houston, TX 77079-1121
  • United States
+1 (713)

Baker Hughes Timeline

2022202320242025
Financing RoundCaptured Employee CountEstimated Employee Growth

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Baker Hughes Stock Performance

As of 21-Apr-2025, Baker Hughes’s stock price is $37.80. Its current market cap is $37.4B with 990M shares.

(As of Monday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$37.80 $38.91 $30.93 - $49.40 $37.4B 990M 8.44M $3.00

Baker Hughes Financials Summary

As of 31-Dec-2024, Baker Hughes has a trailing 12-month revenue of $27.8B.

In Thousands,
USD
TTM 31-Dec-2024 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023 FY 2022 31-Dec-2022
EV 44,116,349 44,116,349 37,996,074 33,600,337
Revenue 27,829,000 27,829,000 25,506,000 21,156,000
EBITDA 4,599,000 4,599,000 3,958,000 1,335,000
Net Income 2,979,000 2,979,000 1,943,000 (601,000)
Total Assets 38,363,000 38,363,000 36,945,000 34,181,000
Total Debt 6,023,000 6,023,000 6,021,000 6,658,000
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Baker Hughes Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Baker Hughes Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Following a 2022 reorganization, Baker Hughes operates across two segments: oilfield services and equipment, and industr
Oil and Gas Equipment
Houston, TX
57,000 As of 2024

Houston, TX
 

Tulsa, OK
 
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Baker Hughes Competitors (22)

One of Baker Hughes’s 22 competitors is Forum Energy Technologies, a Formerly PE-Backed company based in Houston, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Forum Energy Technologies Formerly PE-Backed Houston, TX
T.D. Williamson Private Equity-Backed Tulsa, OK
Fishbones Venture Capital-Backed Sandnes, Norway
Superior Energy Services Corporation Houston, TX
GE Oil & Gas Corporation Houston, TX
You’re viewing 5 of 22 competitors. Get the full list »

Baker Hughes Patents

Baker Hughes Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
GB-202418620-D0 Intermediate material and pipe and method of manufacture Pending 18-Dec-2024
GB-202418333-D0 Collapse resistant tape, manufacturing and/or winding tape and smoothing a bore Pending 13-Dec-2024
GB-202418334-D0 Carcass winding Pending 13-Dec-2024
GB-202418335-D0 Method and apparatus for forming tape Pending 13-Dec-2024
GB-202418336-D0 Method and apparatus for carcass smoothing Pending 13-Dec-2024
To view Baker Hughes’s complete patent history, request access »

Baker Hughes Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Baker Hughes Investments & Acquisitions (71)

Baker Hughes’s most recent deal was a Later Stage VC with Baseload Capital for . The deal was made on 04-Sep-2024.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Baseload Capital 04-Sep-2024 Later Stage VC Asset Management
Citroniq Chemicals 18-Jun-2024 Early Stage VC Specialty Chemicals
HIF Global 13-May-2024 PE Growth/Expansion Energy Production
Zhero (Amsterdam) 24-Apr-2024 Corporate Energy Infrastructure
Sage Energy Partners 11-Apr-2024 Corporate Energy Infrastructure
You’re viewing 5 of 71 investments and acquisitions. Get the full list »

Baker Hughes ESG

Risk Overview

Risk Rating

Updated September, 10, 2024

19.12 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,109

Rank

Percentile

Energy Services

Industry

of 102

Rank

Percentile

Oil & Gas Equipment

Subindustry

of 81

Rank

Percentile

To view Baker Hughes’s complete esg history, request access »

Baker Hughes Exits (7)

Baker Hughes’s most recent exit was on 11-Apr-2024 from Sage Energy Partners. The exit was categorized as .

Company Name Exit Date Exit Type Exit Size Status Buyers
Sage Energy Partners 11-Apr-2024 Completed
C3.ai 15-Sep-2019 Completed
  • 3 buyers
AC Compressor 31-May-2001 Completed
WesternGeco 21-Dec-2000 Completed
  • 2 buyers
vMonitor 01-Jan-2000 Early Stage VC Completed
  • 4 buyers
You’re viewing 5 of 7 exits. Get the full list »

Baker Hughes Affiliates

Subsidiaries (8)

Name Industry Location Year Founded
Mosaic Materials Berkeley, CA 2014
Baker Hughes Pension Plan Houston, TX 2002
Arms Reliability Ocean Grove, Australia 1995
Altus Intervention Stavanger, Norway 1995
Quest Integrity Group Stafford, TX 1971
You’re viewing 5 of 8 affiliates. Get the full list.  »

Baker Hughes FAQs

  • When was Baker Hughes founded?

    Baker Hughes was founded in 1908.

  • Where is Baker Hughes headquartered?

    Baker Hughes is headquartered in Houston, TX.

  • What is the size of Baker Hughes?

    Baker Hughes has 57,000 total employees.

  • What industry is Baker Hughes in?

    Baker Hughes’s primary industry is Oil and Gas Equipment.

  • Is Baker Hughes a private or public company?

    Baker Hughes is a Public company.

  • What is Baker Hughes’s stock symbol?

    The ticker symbol for Baker Hughes is BKR.

  • What is the current stock price of Baker Hughes?

    As of 21-Apr-2025 the stock price of Baker Hughes is $37.80.

  • What is the current market cap of Baker Hughes?

    The current market capitalization of Baker Hughes is $37.4B.

  • What is Baker Hughes’s current revenue?

    The trailing twelve month revenue for Baker Hughes is $27.8B.

  • Who are Baker Hughes’s competitors?

    Forum Energy Technologies, T.D. Williamson, Fishbones, Superior Energy Services, and GE Oil & Gas are some of the 22 competitors of Baker Hughes.

  • What is Baker Hughes’s annual earnings per share (EPS)?

    Baker Hughes’s EPS for 12 months was $3.00.

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