Why did Baker Hughes (BKR) stock move recently?

On 7/28/2026, Baker Hughes moved -3.5% — Baker Hughes fell 3.52% as investors digested its strong Q2 beat and raised IET order guidance, focusing instead on management's outlook for modestly lower global oil & gas producer spending in 2026 plus ongoing Middle East disruptions. This is MarketChacha's decoded reason from filings and credible news; it is education, not buy/sell advice.

Is Baker Hughes (BKR) overvalued or fairly valued?

MarketChacha shows Baker Hughes's valuation in context — a forward P/E of about 18.9, a price-to-book of about 2.8 — alongside its revenue and profit growth and whether reported profit converts into operating cash, so you can judge value for yourself. MarketChacha does not issue ratings, price targets, or buy/sell advice.

Does Baker Hughes's reported profit turn into cash?

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash. MarketChacha computes this cash-conversion check (1.36×) from reported figures — education, not a rating.

What is Baker Hughes's revenue?

Baker Hughes reported revenue of $27.7B for FY2025, with net profit of $2.6B, per official filings.

What is the share price of Baker Hughes (BKR)?

Baker Hughes last traded at $55.65 (-0.1% on the day), as of 10/20/2026 — a delayed quote shown for education, not investment advice.

Baker Hughes

BKR · NYSE · Energy · United States

Snapshot

TickerBKR

ExchangeNYSE

SectorEnergy

IndustryOil & Gas Equipment & Services

CountryUnited States

Employees54,000

HeadquartersHouston, United States

Websitewww.bakerhughes.com

Filings tracked19

About Baker Hughes

Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company's Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.

Who owns it

Insiders0.2%
Institutions99.8%
Public & other0.0%

1,645 institutional holders

Ownership breakdown from public market data.

Top holders

Blackrock Inc.11.96%
JPMORGAN CHASE & CO8.44%
Vanguard Capital Management LLC7.83%
State Street Corporation7.79%
Vanguard Portfolio Management LLC5.92%
Capital World Investors5.73%
Invesco Ltd.4.27%
Dodge & Cox Inc.4.21%

Largest institutional holders — last updated 6/30/2026.

Forensic scorecard

No major accounting red flags in the fundamentals we have — profit is backed by cash and returns look healthy.

Cash conversion1.36×

Over 3 years, operating cash flow fully covered reported profit — earnings are backed by real cash.

Net margin trend7.6% → 9.3%

Margin has expanded by about 1.7 points — the business is getting more profitable.

Growth qualityrev 4% · PAT 15%

Profit growth is broadly tracking revenue growth — the earnings trend looks operational rather than one-off.

Computed by MarketChacha from reported figures (SEC XBRL). Education, not a rating or recommendation.

What's expected next

Next quarter

Rev $8.3B · EPS 0.69

Est. earnings growth -11.2%

Next fiscal year

Rev $32.5B · EPS 2.93

Est. earnings growth +15.1%

Analyst consensus estimates — not the company's own guidance.

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Financials at a glance

Source: SEC XBRL

Annual

Quarterly · last 8

Revenue (FY2025)

$27.7B

Net margin

9.3%

ROE

13.7%

Revenue CAGR (2y)

+4.3%

Profit CAGR (2y)

+15.4%

Net profit (FY2025)

$2.6B

Ask MarketChacha about BKR

Get a cited, plain-English answer — the “why”, not just data. Finance research only, never buy/sell advice.

Why it moved

Jul 28, 2026
Baker Hughes fell 3.52% as investors digested its strong Q2 beat and raised IET order guidance, focusing instead on management's outlook for modestly lower global oil & gas producer spending in 2026 plus ongoing Middle East disruptions.
source 1 ↗source 2 ↗· confidence: medium
Jul 27, 2026
Baker Hughes shares rose on a strong Q2 2026 earnings beat (adjusted EPS $0.64 vs. ~$0.49-0.50 expected; EBITDA above guidance high end) with record IET orders doubling YoY, despite some Middle East caution and lower oil/gas spending outlook.
source 1 ↗source 2 ↗source 3 ↗· confidence: high

Daily moves with the verified reason behind them. Education only — not investment advice.

Financials

Yearly

Period	Revenue	Net profit	EPS	Net margin	ROE
FY2025	$27.7B	$2.6B	—	9.3%	13.7%
FY2024	$27.8B	$3.0B	2.98	10.7%	17.6%
FY2023	$25.5B	$1.9B	1.91	7.6%	12.6%

Quarterly

Period	Revenue	Net profit	Net margin
2026Q2	$6.7B	$681.0M	10.1%
2026Q1	$6.6B	$930.0M	14.1%
2025Q3	$7.0B	$609.0M	8.7%
2025Q2	$6.9B	$701.0M	10.1%
2025Q1	$6.4B	$402.0M	6.3%
2024Q3	$6.9B	$766.0M	11.1%
2024Q2	$7.1B	$579.0M	8.1%
2024Q1	$6.4B	$455.0M	7.1%
2023Q3	$6.6B	$518.0M	7.8%
2023Q2	$6.3B	$410.0M	6.5%
2023Q1	$5.7B	$576.0M	10.1%

Figures as reported, in reporting currency. Source: SEC XBRL.

Filings & announcements

2026

8-K — Reg FD disclosure, Exhibits
SEC9/9/2026material
10-Q filing
SEC7/27/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC7/27/2026material
8-K — Material agreement, Termination of agreement, Completion of acquisition/disposition, Material financial obligation, Reg FD disclosure, Exhibits
SEC7/16/2026material
8-K — Other events
SEC6/22/2026material
8-K — Other events
SEC5/21/2026material
8-K — Executive/director change, Shareholder vote results, Exhibits
SEC5/19/2026material
10-Q filing
SEC4/24/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC4/23/2026material
8-K — Material agreement, Material financial obligation, Other events, Exhibits
SEC3/11/2026material
8-K — Other events, Exhibits
SEC3/2/2026material
10-K filing
SEC2/5/2026
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC1/26/2026material

2025

8-K — Other events, Exhibits
SEC11/7/2025material
10-Q filing
SEC10/24/2025
8-K — Results of operations, Reg FD disclosure, Exhibits
SEC10/23/2025material
8-K — Executive/director change
SEC10/14/2025material
8-K — Material agreement, Material financial obligation, Exhibits
SEC8/18/2025material
8-K — Material agreement, Reg FD disclosure, Exhibits
SEC7/29/2025material

In the news

Education and discussion only — not investment advice. Financials from official filings (SEC/BSE) and reported company statements; market figures (delayed market data) are delayed and shown for reference only. Verify with the linked sources before acting.