Baker Hughes (BKR) Asset Utilization Ratio (2017 - 2026)
Baker Hughes' (BKR) quarterly Asset Utilization Ratio came in at 0.54 in Q2 2026, down 25.45% on a YoY basis from 0.72 in Q2 2025, and down 11.87% quarter-over-quarter from 0.61 in Q1 2026.
Analysis
Baker Hughes (BKR) Asset Utilization Ratio (2017 - 2026) Analysis & Trends
Baker Hughes (BKR) has reported Asset Utilization Ratio for 10 consecutive years, with 0.54 the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Asset Utilization Ratio fell 25.45% year-over-year to 0.54; the trailing twelve-month figure through Jun 2026 stood at 0.54 (down 25.45% YoY), and the FY2025 full-year result was 0.7, down 5.29% from the prior year.
- Asset Utilization Ratio fell to 0.54 in Q2 2026 per BKR's latest filing, from 0.61 in the prior quarter.
- Across five years, Asset Utilization Ratio topped out at 0.74 in Q3 2024 and bottomed at 0.54 in Q2 2026.
- Historically, Asset Utilization Ratio has averaged 0.67 across 5 years, with a median of 0.68 in 2023.
- The sharpest annual moves came in 2024 and 2026: Asset Utilization Ratio gained 11.81% in 2024, then slipped 25.45% in 2026.
- Over 5 years, Asset Utilization Ratio stood at 0.63 in 2022, then grew by 10.48% to 0.69 in 2023, then rose by 5.66% to 0.73 in 2024, then decreased by 5.6% to 0.69 in 2025, then decreased by 22.63% to 0.54 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.54, 0.61, and 0.69 for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 83.41 Bn | 79.34 Bn | 4.63 Bn | 0.51 |
| 2 | Baker Hughes | 58.89 Bn | 43.16 Bn | 1.58 Bn | 0.54 |
| 3 | Halliburton | 30.18 Bn | 28.14 Bn | 2.10 Bn | 0.88 |
| 4 | Weatherford International | 6.46 Bn | 5.32 Bn | 662.00 Mn | 0.94 |
| 5 | Kodiak Gas Services | 5.97 Bn | 5.83 Bn | 246.76 Mn | 0.28 |
| 6 | Tidewater | 4.57 Bn | 3.96 Bn | 161.54 Mn | 0.57 |
| 7 | USA Compression Partners | 4.03 Bn | 4.02 Bn | 217.36 Mn | 0.32 |
| 8 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 0.81 |
| 9 | Liberty Energy | 3.40 Bn | 2.84 Bn | 208.34 Mn | 0.94 |
| 10 | Select Water Solutions | 2.77 Bn | 2.74 Bn | 76.84 Mn | 0.82 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.54 |
| 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 |