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Discontinued — last reported Q3 '25

CapEx at other companies

Kimberly-Clark logo
Kimberly-ClarkKMB
$41M+13.9%
Kimberly-Clark logo
Kimberly-ClarkKMB
$337M+136%
Mativ Holdings logo
Mativ HoldingsMATV
$3.45M-42.5%
Mativ Holdings logo
Mativ HoldingsMATV
$6.5M-13.3%
NSA
NSANSA
$952K+266%
Graphic Packaging Holding logo
Graphic Packaging HoldingGPK
$16M-15.8%

Segments

By segment

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Oilfield Services & Equipment$197M-7.5%
Industrial & Energy Technology$87M+26.1%

Other financials

Income statement

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Revenue$6.7B-2.4%
Operating income$665.0M+2.2%
Net income$681.0M-2.9%
EPS (diluted)$0.68-4.2%

Balance sheet

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Cash & equivalents$15.7B+409%
Total debt$16.3B
Total equity$19.9B+12.5%
Total assets$52.6B+35.8%

Cash flow

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Operating cash flow$1.3B+164%
CapEx$300.0M-0.3%
Free cash flow$1.0B+400%

Valuation

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Market cap$63.6B+51.1%
Enterprise value$64.13B
P/E20.5×+6.7×
P/S2.3×+0.8×

Profitability

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Gross margin18.6%
Operating margin11.1%+2.0pp
Net margin11.2%+0.1pp
FCF margin11.3%+3.4pp

Returns & leverage

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Return on equity16.5%-1.9pp
Debt / equity0.8×
Current ratio2.1×+0.7×

Where this comes from

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept bkr:CapitalExpenditures.

The source filing: Baker Hughes’s 10-Q, filed October 24, 2025.

Filed
Oct 23, 2025, 8:00 PM EDT
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0001701605-25-000117
Capital expendituresThree Months Ended September 30, 2025Three Months Ended September 30, 2024Nine Months Ended September 30, 2025Nine Months Ended September 30, 2024
OFSE$213$226$627$702
IET6762221197
Total segment280288848899
Corporate15124826
Total$295$300$896$925

ITEM 1. FINANCIAL STATEMENTS (UNAUDITED)

FAQ

What is Baker Hughes's capex?
Baker Hughes (BKR) reported capex of $295M in Q3 2025.
How has Baker Hughes's capex changed year-over-year?
Baker Hughes's capex decreased by 1.7% year-over-year, from $300M to $295M.

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