Baker Hughes
Baker Hughes Company is an energy technology company with a diversified portfolio spanning the energy and industrial value chain. Operating in over 120 countries with approximately 56,000 employees, more than 45,000 of whom work internationally across 85 different countries, the company delivers innovative… From the company’s description.
Margins and return on equity change in ; everything else in percent. Fewer shares and less debt are shown plainly, not as bad news — it depends what you make of buybacks. Dotted labels explain each measure. is shown separately from the annual figures.
What Baker Hughes does
In the company’s own words
Baker Hughes Company is an energy technology company with a diversified portfolio spanning the energy and industrial value chain. Operating in over 120 countries with approximately 56,000 employees, more than 45,000 of whom work internationally across 85 different countries, the company delivers innovative technologies and services to customers in upstream, midstream, downstream, and new energy sectors. The company website is www.bakerhughes.com.
Baker Hughes operates through two primary segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment designs and manufactures products and provides services for onshore and offshore oilfield operations across the asset lifecycle, including exploration, development, production, and decommissioning. This segment encompasses four product lines: Well Construction, Completions and Intervention, Production Solutions, and Subsea & Surface Pressure Systems. The IET segment combines domain expertise, technologies, and services for energy and industrial customers across applications including liquefied natural gas, pipeline infrastructure, refining, petrochemical, hydrogen, carbon capture and storage, and power generation. IET comprises five product lines: Gas Technology Equipment, Gas Technology Services, Industrial Products, Industrial Solutions, and Climate Technology Solutions.
The company recognized $29.6 billion in orders during 2025, with remaining performance obligations totaling $35.9 billion as of December 31, 2025. OFSE contributed $14.7 billion in orders while IET contributed $14.9 billion. The company invests substantially in research and development, spending $600 million annually and securing more than 1,400 patents worldwide in 2025.
Baker Hughes maintains strategic partnerships and licenses with GE Aerospace, GE Vernova, and GE HealthCare for critical intellectual property. The company announced a definitive agreement in July 2025 to acquire Chart Industries for $210 per share in cash, expected to close in the second quarter of 2026. Additionally, Baker Hughes completed the formation of a joint venture with Cactus, Inc. on January 1, 2026, and sold its Precision Sensors & Instrumentation business to Crane Company on the same date.
Company details
- Sector
- Energy
- Industry (SIC)
- Industrial Machinery
- Headquarters
- HOUSTON, TX
- Fiscal year end
- December
- CIK
- 1701605
- SIC
- 3533
Financial performance, year by year
Fiscal 2017–2025 · USDThe full income statement, balance sheet and cash flow for each of these years — every figure traceable to its filing — is on the Financials tab with a free account.
Who owns Baker Hughes — and what changed
Funds as of 2026Q2 · superinvestors as of 2026-06-30
Largest fund holders · Baker Hughes’s weight in each
Fund ownership is a floor, not a census — pensions, insurers and people holding shares directly are not visible here.
Fund ownership counts N-PORT filers only, so it is a floor rather than a census — pensions, insurers and direct holders are not visible here, and the remainder is not “held by individuals”.
Could not be determined for this company: bond issues.
Every fund and institutional holder, quarter by quarter, is on the Ownership tab with a free account.
Recent filings
All filings →Each filing opens into its own statements and disclosures here.
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