Baker Hughes (BKR) Debt to Equity (2016 - 2026)

Baker Hughes (BKR) reported Debt to Equity of $0.83 for Q1 2026, up 136.88% on a YoY basis from $0.35 in Q1 2025, and up 159.01% quarter-over-quarter from $0.32 in Q4 2025.

Baker Hughes (BKR) Debt to Equity (2016 - 2026) Analysis & Trends

Baker Hughes has reported Debt to Equity for 11 years, with the latest figure at $0.83 in Q1 2026.

  • For the quarter ending Q1 2026, Debt to Equity rose 136.88% year-over-year to $0.83; the trailing twelve-month figure through Mar 2026 stood at $0.83 (up 136.88% YoY), and the FY2025 full-year result was $0.32, down 9.33% from the prior year.
  • Debt to Equity for Q1 2026 stood at $0.83, up from $0.32 in the prior quarter.
  • The five-year high for Debt to Equity was $0.83 in Q1 2026, with the low at $0.32 in Q4 2025.
  • Historically, Debt to Equity has averaged $0.42 across 5 years, with a median of $0.39 in 2023.
  • Annual changes were most pronounced in 2023 — Debt to Equity slipped 15.36% — and 2026, when it soared 136.88%.
  • Baker Hughes' Debt to Equity stood at $0.46 in 2022, then fell by 15.36% to $0.39 in 2023, then slipped by 8.96% to $0.35 in 2024, then declined by 9.33% to $0.32 in 2025, then surged by 159.01% to $0.83 in 2026.
  • The last three Debt to Equity figures came in at $0.83 (Q1 2026), $0.32 (Q4 2025), and $0.33 (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt/Equity (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn 0.37
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn 0.83
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn 0.01
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn 0.13
5 Enerflex 8.62 Bn 8.57 Bn - 0.53
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn 0.27
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn 0.84
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn 1.57
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn 2.37
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn 0.66

Historic Data

Download Data
DateValue
Mar 31, 2026 0.83
Dec 31, 2025 0.32
Sep 30, 2025 0.33
Jun 30, 2025 0.34
Mar 31, 2025 0.35
Dec 31, 2024 0.35
Sep 30, 2024 0.37
Jun 30, 2024 0.37
Mar 31, 2024 0.39
Dec 31, 2023 0.39
Sep 30, 2023 0.43
Jun 30, 2023 0.44
Mar 31, 2023 0.45
Dec 31, 2022 0.46
Sep 30, 2022 0.46
Jun 30, 2022 0.44
Mar 31, 2022 0.41
Dec 31, 2021 0.40
Sep 30, 2021 0.40
Jun 30, 2021 0.39