Financials Baker Hughes Company

Equities

BKR

US05722G1004

Oil Related Services and Equipment

Market Closed - Nasdaq 04:00:00 2024-04-26 pm EDT 5-day change 1st Jan Change
32.84 USD -1.38% Intraday chart for Baker Hughes Company +0.74% -3.92%

Valuation

Fiscal Period: December 2019 2020 2021 2022 2023 2024 2025 2026
Capitalization 1 16,656 14,299 20,931 29,573 34,393 32,774 - -
Enterprise Value (EV) 1 20,029 17,800 23,805 33,742 37,767 35,469 34,388 33,134
P/E ratio 111 x -1.42 x -89.1 x -48.4 x 17.9 x 15.7 x 13.4 x 11.1 x
Yield 2.81% 3.45% 2.99% 2.47% 2.28% 2.54% 2.7% 3%
Capitalization / Revenue 0.7 x 0.69 x 1.02 x 1.4 x 1.35 x 1.19 x 1.11 x 1.08 x
EV / Revenue 0.84 x 0.86 x 1.16 x 1.59 x 1.48 x 1.29 x 1.17 x 1.09 x
EV / EBITDA 6.63 x 7.55 x 8.88 x 11.3 x 10 x 8.2 x 6.89 x 6.11 x
EV / FCF 22.6 x 34.4 x 13 x 30.2 x 18.5 x 17.3 x 14.3 x 12.8 x
FCF Yield 4.42% 2.91% 7.7% 3.31% 5.41% 5.78% 6.97% 7.8%
Price to Book 0.76 x 1.18 x 1.47 x 2.07 x - 2.03 x 1.88 x 1.71 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 32.84 32.84 32.84
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 27,553 29,419 30,441
EBITDA 1 3,020 2,357 2,681 2,981 3,763 4,324 4,989 5,421
EBIT 1 1,602 1,040 1,576 1,920 2,676 3,197 3,787 4,228
Operating Margin 6.72% 5.02% 7.67% 9.08% 10.49% 11.6% 12.87% 13.89%
Earnings before Tax (EBT) 1 753 -15,202 428 22 2,655 2,944 3,478 3,983
Net income 1 128 -9,940 -219 -601 1,943 2,118 2,425 2,905
Net margin 0.54% -48.01% -1.07% -2.84% 7.62% 7.69% 8.24% 9.54%
EPS 2 0.2300 -14.73 -0.2700 -0.6100 1.910 2.096 2.445 2.948
Free Cash Flow 1 886 518 1,833 1,116 2,045 2,049 2,396 2,585
FCF margin 3.72% 2.5% 8.93% 5.28% 8.02% 7.44% 8.15% 8.49%
FCF Conversion (EBITDA) 29.34% 21.98% 68.37% 37.44% 54.34% 47.39% 48.03% 47.68%
FCF Conversion (Net income) 692.19% - - - 105.25% 96.75% 98.82% 88.98%
Dividend per Share 2 0.7200 0.7200 0.7200 0.7300 0.7800 0.8330 0.8872 0.9844
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 6,805 7,057 7,317 6,831 7,270
EBITDA 1 844 625 651 758 947 782 907 983 1,091 943 1,052 1,120 1,219 1,066 1,190
EBIT 1 571 348 376 503 692 512 631 716 816 660 771.2 832.4 929.7 767.6 871
Operating Margin 10.35% 7.2% 7.45% 9.37% 11.72% 8.96% 9.99% 10.78% 11.94% 10.28% 11.33% 11.8% 12.71% 11.24% 11.98%
Earnings before Tax (EBT) 1 688 187 -655 144 345 760 614 759 522 641 722 762 860.5 677.5 800.2
Net income 1 294 72 -839 -17 182 576 410 518 439 455 493.9 541.8 622.5 465.7 535.7
Net margin 5.33% 1.49% -16.62% -0.32% 3.08% 10.08% 6.49% 7.8% 6.42% 7.09% 7.26% 7.68% 8.51% 6.82% 7.37%
EPS 2 0.3200 0.0800 -0.8400 -0.0200 0.1800 0.5700 0.4000 0.5100 0.4300 0.4500 0.4782 0.5468 0.6151 0.4726 0.5657
Dividend per Share 2 0.1800 0.1800 0.1800 0.1800 0.1900 0.1900 0.1900 0.2000 0.2000 - 0.2062 0.2088 0.2088 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 2,694 1,614 360
Net Cash position 1 - - - - - - - -
Leverage (Debt/EBITDA) 1.117 x 1.485 x 1.072 x 1.399 x 0.8966 x 0.6231 x 0.3234 x 0.0664 x
Free Cash Flow 1 886 518 1,833 1,116 2,045 2,049 2,396 2,585
ROE (net income / shareholders' equity) 1.36% 0.06% 3.08% 5.78% - 13.3% 15% 16.8%
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 38,130 41,438 41,500
Book Value Per Share 2 33.60 17.60 16.30 14.30 - 16.20 17.50 19.20
Cash Flow per Share 2 3.820 1.930 2.880 1.910 3.020 3.190 3.590 4.000
Capex 1 1,240 787 541 772 1,016 1,233 1,249 1,325
Capex / Sales 5.2% 3.8% 2.63% 3.65% 3.98% 4.47% 4.24% 4.35%
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
28
Last Close Price
32.84 USD
Average target price
40.49 USD
Spread / Average Target
+23.30%
Consensus
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