Baker Hughes (BKR) EV to CFO (2018 - 2026)
Baker Hughes' EV to CFO came in at 8.91 for Q2 2026, down 12.6% from 10.20 a year earlier and down 30.2% from the prior quarter.
Baker Hughes (BKR) EV to CFO (2018 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Baker Hughes reported EV to CFO of 4.14, down 44.6% year-over-year; for FY2025, it was 10.88, down 3.1% from FY2024.
- EV to CFO has declined in each of the last three years.
- Going back by year, EV to CFO was 11.23 in FY2024 (-48.2%), 21.69 in FY2023 (-29.0%), 30.57 in FY2022 (+51.0%) and 20.24 in FY2021 (-28.4%).
- The Q2 2026 figure represents the lowest quarterly EV to CFO since Q3 2020.
- Year-over-year, EV to CFO increased in three of the last eight quarters, with an average decline of 7.7%.
- The fastest year-over-year change in EV to CFO over five years came in Q1 2022 (growth of 173.3%), and the weakest in Q1 2024 (a decline of 62.9%).
- Business Quant data shows BKR's EV to CFO at 12.77 (Q1 2026), 10.88 (Q4 2025) and 13.65 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 76.39 Bn | 73.50 Bn | 1.40 Bn |
| 2 | Baker Hughes | 56.70 Bn | 19.98 Bn | 1.58 Bn |
| 3 | TechnipFMC | 27.74 Bn | 23.88 Bn | 684.70 Mn |
| 4 | Halliburton | 27.03 Bn | 18.79 Bn | 804.00 Mn |
| 5 | Nov | 6.97 Bn | 1.76 Bn | 521.00 Mn |
| 6 | Noble | 6.81 Bn | 4.74 Bn | 239.27 Mn |
| 7 | Weatherford International | 5.95 Bn | 1.88 Bn | 333.00 Mn |
| 8 | Transocean | 5.90 Bn | 3.61 Bn | 358.00 Mn |
| 9 | Valaris | 5.52 Bn | 3.13 Bn | 123.70 Mn |
| 10 | Kodiak Gas Services | 5.32 Bn | 5.09 Bn | 246.76 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.91 |
| Mar 31, 2026 | 12.77 |
| Dec 31, 2025 | 10.88 |
| Sep 30, 2025 | 13.65 |
| Jun 30, 2025 | 10.20 |
| Mar 31, 2025 | 12.41 |
| Dec 31, 2024 | 11.23 |
| Sep 30, 2024 | 10.82 |
| Jun 30, 2024 | 11.41 |
| Mar 31, 2024 | 9.12 |
| Dec 31, 2023 | 21.69 |
| Sep 30, 2023 | 22.53 |
| Jun 30, 2023 | 21.74 |
| Mar 31, 2023 | 24.60 |
| Dec 31, 2022 | 30.57 |
| Sep 30, 2022 | 22.63 |
| Jun 30, 2022 | 35.56 |
| Mar 31, 2022 | 40.87 |
| Dec 31, 2021 | 20.24 |
| Sep 30, 2021 | 12.46 |
Baker Hughes EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();