What is Baker Hughes's oilfield services & equipment — goodwill?

Baker Hughes (BKR) reported oilfield services & equipment — goodwill of $1.56B in Q1 2026.

What does oilfield services & equipment — goodwill mean?

Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Oilfield Services & Equipment segment. This reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology specific to oilfield operations.

Baker Hughes BKR Oilfield Services & Equipment — Goodwill

Similar metrics at other companies

IOSPOilfield Services — Goodwill

$46.8M+4.2%

IOSPOilfield Services — Goodwill Gross

$46.8M+4.2%

IOSPOilfield Services — Goodwill Acquired

$500K—

IOSPOilfield Services — Goodwill Impairment

$0—

KNFEnergy Services — Goodwill

$31.37M-0.1%

ALGIndustrial Equipment — Goodwill

$137.04M+78.6%

Other financials

Income statement

See full

Revenue$6.6B+2.5%

Operating income$665.0M+2.2%

Net income$930.0M+131%

EPS (diluted)$0.75+56.0%

Balance sheet

See full

Cash & equivalents$14.8B+351%

Total debt$615.0M-8.6%

Total equity$19.3B+13.3%

Total assets$50.9B+33.6%

Cash flow

See full

Operating cash flow$500.0M-29.5%

CapEx$336.0M+12.0%

Free cash flow$164.0M-59.9%

Valuation

See full

Market cap$55.93B+46.2%

P/E18×+4.9×

P/S2×+0.6×

Profitability

See full

Gross margin18.6%—

Operating margin11.1%+2.0pp

Net margin11.2%+0.7pp

FCF margin8.2%+1.0pp

Returns & leverage

See full

Return on equity17.1%-0.9pp

Debt / equity0×0.0×

Current ratio2.1×+0.8×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:Goodwill.

The official record: Baker Hughes’s 10-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

Ask your AI about Baker Hughes's oilfield services & equipment — goodwill.

Connect your AI assistant and compare it to peers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Baker Hughes's oilfield services & equipment — goodwill?: Baker Hughes (BKR) reported oilfield services & equipment — goodwill of $1.56B in Q1 2026.
What does oilfield services & equipment — goodwill mean?: Represents the excess of the purchase price over the fair value of identifiable net assets acquired within the Oilfield Services & Equipment segment. This reflects the premium paid for intangible assets such as brand reputation, customer relationships, and proprietary technology specific to oilfield operations.