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Baker Hughes BKR Debt-to-equity

Debt-to-equity at other companies

Halliburton logo
HalliburtonHAL
0.7×-0.1×
Schlumberger
 logo
Schlumberger SLB
0.4×-0.2×
TechnipFMC logo
TechnipFMCFTI
0.4×-0.2×
Imperial Oil logo
Imperial OilIMO
0.2×0.0×
Devon Energy logo
Devon EnergyDVN
0.6×-0.1×
Exxon Mobil logo
Exxon MobilXOM
0.2×0.0×

Other financials

Income statement

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Revenue$6.6B+2.5%
Net income$930.0M+131%

Balance sheet

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Cash & equivalents$14.8B+351%
Total equity$19.3B+13.3%
Total assets$50.9B+33.6%

Cash flow

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Operating cash flow$500.0M-29.5%
CapEx$336.0M+12.0%
Free cash flow$164.0M-59.9%

Valuation

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Market cap$59.59B+39.1%
P/E19.1×+4.5×
P/S2.1×+0.6×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.7pp

Returns & leverage

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Return on equity17.1%-0.9pp
Current ratio2.1×+0.8×

Where this comes from

Calculated from Baker Hughes’s reported figures.

Based on the most recent quarter.

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

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Questions, answered.

What is Baker Hughes's debt-to-equity?
Baker Hughes (BKR) reported debt-to-equity of 0× in Q4 2025.
How has Baker Hughes's debt-to-equity changed year-over-year?
Baker Hughes's debt-to-equity decreased by 17.8% year-over-year, from 0× to 0×.
What does debt-to-equity mean?
How much debt the company carries for every dollar of shareholder equity.
How do you interpret debt-to-equity?
Lower is generally safer, but moderate leverage can boost returns. Read in the context of cash-flow stability — a utility tolerates more debt than a cyclical. Negative equity makes the ratio meaningless and it is suppressed there.
How does debt-to-equity compare across companies?
Comparable within an industry; capital structures differ sharply across sectors. Not meaningful for banks.