Financials Baker Hughes Company

Equities

BKR

US05722G1004

Oil Related Services and Equipment

Market Closed - Nasdaq 04:30:01 2024-05-03 pm EDT 5-day change 1st Jan Change
31.92 USD +0.63% Intraday chart for Baker Hughes Company -2.80% -6.61%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,656 14,299 20,931 29,573 34,393 31,856 - -
Enterprise Value (EV) 1 20,029 17,800 23,805 33,742 37,767 34,617 33,532 32,298
P/E ratio 111 x -1.42 x -89.1 x -48.4 x 17.9 x 15.1 x 13 x 10.9 x
Yield 2.81% 3.45% 2.99% 2.47% 2.28% 2.61% 2.77% 3.06%
Capitalization / Revenue 0.7 x 0.69 x 1.02 x 1.4 x 1.35 x 1.15 x 1.08 x 1.05 x
EV / Revenue 0.84 x 0.86 x 1.16 x 1.59 x 1.48 x 1.25 x 1.14 x 1.06 x
EV / EBITDA 6.63 x 7.55 x 8.88 x 11.3 x 10 x 7.99 x 6.73 x 6.01 x
EV / FCF 22.6 x 34.4 x 13 x 30.2 x 18.5 x 16.9 x 14 x 12.6 x
FCF Yield 4.42% 2.91% 7.7% 3.31% 5.41% 5.91% 7.16% 7.93%
Price to Book 0.76 x 1.18 x 1.47 x 2.07 x - 1.96 x 1.83 x 1.66 x
Nbr of stocks (in thousands) 649,869 685,817 869,968 1,001,468 1,006,234 997,998 - -
Reference price 2 25.63 20.85 24.06 29.53 34.18 31.92 31.92 31.92
Announcement Date 1/22/20 1/21/21 1/20/22 1/23/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net sales 1 23,838 20,705 20,536 21,156 25,506 27,593 29,378 30,438
EBITDA 1 3,020 2,357 2,681 2,981 3,763 4,331 4,980 5,375
EBIT 1 1,602 1,040 1,576 1,920 2,676 3,200 3,789 4,212
Operating Margin 6.72% 5.02% 7.67% 9.08% 10.49% 11.6% 12.9% 13.84%
Earnings before Tax (EBT) 1 753 -15,202 428 22 2,655 2,982 3,472 3,966
Net income 1 128 -9,940 -219 -601 1,943 2,114 2,425 2,868
Net margin 0.54% -48.01% -1.07% -2.84% 7.62% 7.66% 8.25% 9.42%
EPS 2 0.2300 -14.73 -0.2700 -0.6100 1.910 2.115 2.450 2.924
Free Cash Flow 1 886 518 1,833 1,116 2,045 2,045 2,401 2,562
FCF margin 3.72% 2.5% 8.93% 5.28% 8.02% 7.41% 8.17% 8.42%
FCF Conversion (EBITDA) 29.34% 21.98% 68.37% 37.44% 54.34% 47.23% 48.22% 47.66%
FCF Conversion (Net income) 692.19% - - - 105.25% 96.75% 99.03% 89.3%
Dividend per Share 2 0.7200 0.7200 0.7200 0.7300 0.7800 0.8345 0.8842 0.9752
Announcement Date 1/22/20 1/21/21 1/20/22 1/23/23 1/23/24 - - -
1USD in Million2USD
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: December 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3 2024 Q4 2025 Q1 2025 Q2
Net sales 1 5,519 4,835 5,047 5,369 5,905 5,716 6,315 6,641 6,835 6,418 6,813 7,065 7,326 6,804 7,258
EBITDA 1 844 625 651 758 947 782 907 983 1,091 943 1,053 1,125 1,219 1,064 1,191
EBIT 1 571 348 376 503 692 512 631 716 816 660 770.9 835.3 931.3 764.6 867.3
Operating Margin 10.35% 7.2% 7.45% 9.37% 11.72% 8.96% 9.99% 10.78% 11.94% 10.28% 11.31% 11.82% 12.71% 11.24% 11.95%
Earnings before Tax (EBT) 1 688 187 -655 144 345 760 614 759 522 641 711.6 790.1 872.2 673.3 829.9
Net income 1 294 72 -839 -17 182 576 410 518 439 455 490.5 551 618.7 467.3 558.3
Net margin 5.33% 1.49% -16.62% -0.32% 3.08% 10.08% 6.49% 7.8% 6.42% 7.09% 7.2% 7.8% 8.45% 6.87% 7.69%
EPS 2 0.3200 0.0800 -0.8400 -0.0200 0.1800 0.5700 0.4000 0.5100 0.4300 0.4500 0.4874 0.5516 0.6137 0.4746 0.5728
Dividend per Share 2 0.1800 0.1800 0.1800 0.1800 0.1900 0.1900 0.1900 0.2000 0.2000 0.2100 0.2075 0.2075 0.2075 0.2172 0.2201
Announcement Date 1/20/22 4/20/22 7/20/22 10/19/22 1/23/23 4/19/23 7/19/23 10/25/23 1/23/24 4/23/24 - - - - -
1USD in Million2USD
Estimates

Balance Sheet Analysis

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Net Debt 1 3,373 3,501 2,874 4,169 3,374 2,761 1,676 442
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.117 x 1.485 x 1.072 x 1.399 x 0.8966 x 0.6376 x 0.3365 x 0.0822 x
Free Cash Flow 1 886 518 1,833 1,116 2,045 2,045 2,401 2,562
ROE (net income / shareholders' equity) 1.36% 0.06% 3.08% 5.78% - 13.3% 15.1% 16.5%
ROA (Net income/ Total Assets) 0.89% 0.04% 1.47% 2.6% 5.46% 5.55% 5.85% 7%
Assets 1 14,316 -28,400,000 -14,902 -23,099 35,563 38,064 41,431 40,976
Book Value Per Share 2 33.60 17.60 16.30 14.30 - 16.30 17.40 19.20
Cash Flow per Share 2 3.820 1.930 2.880 1.910 3.020 3.250 3.610 3.950
Capex 1 1,240 787 541 772 1,016 1,241 1,255 1,319
Capex / Sales 5.2% 3.8% 2.63% 3.65% 3.98% 4.5% 4.27% 4.33%
Announcement Date 1/22/20 1/21/21 1/20/22 1/23/23 1/23/24 - - -
1USD in Million2USD
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

Trading Rating
Investor Rating
ESG Refinitiv
A-
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
27
Last Close Price
31.92 USD
Average target price
40.69 USD
Spread / Average Target
+27.49%
Consensus
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