Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Baker Hughes Co trades at about 21.6× earnings — below its 10-year norm (10-year range 14.9×–94.2×, median 52.4×).

14.9× 94.2×

Shaded band = 10-year range (14.9×–94.2×); dot = today's 21.6×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

Ratio	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018	FY2017	FY2016
Gross margin	—	—	—	—	—	—	18.6%	17.4%	17.6%	23.7%
Operating margin	—	11.1%	9.1%	5.6%	6.4%	-77.2%	4.5%	3.1%	-1.6%	3.4%
Net margin	9.3%	10.7%	7.6%	-2.8%	-1.1%	-48.0%	0.5%	0.9%	-0.6%	0.0%
Return on assets	6.3%	7.8%	5.3%	-1.8%	-0.6%	-26.2%	0.2%	0.4%	-0.2%	0.0%
Return on equity	13.6%	17.5%	12.5%	-4.1%	-1.3%	-54.5%	0.4%	0.6%	-0.3%	0.0%
Debt / equity	—	—	—	—	—	—	—	—	—	0.00×
Current ratio	1.36	1.32	1.25	1.32	1.65	1.61	1.52	1.66	2.00	1.50

Computed from company filings · US · as of 2025-12-31. Facts plus Stocktoria's own computed scores — not investment advice.