Baker Hughes (BKR) Asset Utilization Ratio (2017 - 2026)

Baker Hughes (BKR) reported Asset Utilization Ratio of 0.61 for Q1 2026, down 16.51% on a YoY basis from 0.73 in Q1 2025, and down 12.2% quarter-over-quarter from 0.69 in Q4 2025.

Baker Hughes (BKR) Asset Utilization Ratio (2017 - 2026) Analysis & Trends

Baker Hughes has reported Asset Utilization Ratio for 10 years, with the latest figure at 0.61 in Q1 2026.

  • For the quarter ending Q1 2026, Asset Utilization Ratio fell 16.51% year-over-year to 0.61; the trailing twelve-month figure through Mar 2026 stood at 0.61 (down 16.51% YoY), and the FY2025 full-year result was 0.7, down 5.29% from the prior year.
  • Asset Utilization Ratio for Q1 2026 stood at 0.61, down from 0.69 in the prior quarter.
  • The five-year high for Asset Utilization Ratio was 0.74 in Q3 2024, with the low at 0.58 in Q1 2022.
  • Historically, Asset Utilization Ratio has averaged 0.67 across 5 years, with a median of 0.69 in 2025.
  • Annual changes were most pronounced in 2024 — Asset Utilization Ratio rose 11.81% — and 2026, when it decreased 16.51%.
  • Baker Hughes' Asset Utilization Ratio stood at 0.63 in 2022, then advanced by 10.48% to 0.69 in 2023, then grew by 5.66% to 0.73 in 2024, then fell by 5.6% to 0.69 in 2025, then declined by 12.2% to 0.61 in 2026.
  • The last three Asset Utilization Ratio figures came in at 0.61 (Q1 2026), 0.69 (Q4 2025), and 0.71 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Asset Util. (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.51
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.61
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.88
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 1.01
5 Enerflex 8.62 Bn 8.57 Bn - 0.22
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.77
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.95
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 0.35
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 0.30
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 1.01

Historic Data

Download Data
DateValue
Mar 31, 2026 0.61
Dec 31, 2025 0.69
Sep 30, 2025 0.71
Jun 30, 2025 0.72
Mar 31, 2025 0.73
Dec 31, 2024 0.73
Sep 30, 2024 0.74
Jun 30, 2024 0.73
Mar 31, 2024 0.71
Dec 31, 2023 0.69
Sep 30, 2023 0.68
Jun 30, 2023 0.66
Mar 31, 2023 0.64
Dec 31, 2022 0.63
Sep 30, 2022 0.62
Jun 30, 2022 0.60
Mar 31, 2022 0.58
Dec 31, 2021 0.58
Sep 30, 2021 0.57
Jun 30, 2021 0.56