Baker Hughes (BKR) EV to FCF (2018 - 2026)
Baker Hughes' EV to FCF was 12.64 in Q2 2026, down 21.5% from 16.11 a year earlier and down 37.0% from the prior quarter.
Baker Hughes (BKR) EV to FCF (2018 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baker Hughes' EV to FCF was 5.87 through Jun 30, 2026, down 50.3% year-over-year; for FY2025, it was 16.34, down 10.3% from FY2024.
- EV to FCF has now declined for three consecutive years.
- In earlier years, EV to FCF was 18.21 in FY2024 (-49.6%), 36.13 in FY2023 (-43.7%), 64.19 in FY2022 (+102.7%) and 31.66 in FY2021 (-71.6%).
- The Q2 2026 figure marks the lowest quarterly EV to FCF since Q1 2020.
- Compared with a year earlier, EV to FCF has declined for three straight quarters, with an average decline of 11.8% over the last eight quarters.
- The best year-over-year quarter for EV to FCF over five years was Q2 2022 (growth of 290.6%); the worst was Q4 2021 (a decline of 71.6%).
- Per Business Quant data, BKR's EV to FCF in the three quarters before Q2 2026 was 20.06 (Q1 2026), 16.34 (Q4 2025) and 21.81 (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 73.67 Bn | 71.28 Bn | 1.57 Bn |
| 2 | Baker Hughes | 47.44 Bn | 9.59 Bn | 1.96 Bn |
| 3 | Halliburton | 26.34 Bn | 18.29 Bn | 840.00 Mn |
| 4 | TechnipFMC | 25.18 Bn | 21.15 Bn | 728.70 Mn |
| 5 | Noble | 6.56 Bn | 4.64 Bn | 228.22 Mn |
| 6 | Nov | 6.31 Bn | 1.25 Bn | 439.00 Mn |
| 7 | Weatherford International | 6.11 Bn | 1.89 Bn | 374.00 Mn |
| 8 | Transocean | 5.79 Bn | 3.83 Bn | 348.00 Mn |
| 9 | Valaris | 5.48 Bn | 3.23 Bn | 176.30 Mn |
| 10 | Kodiak Gas Services | 4.28 Bn | 3.96 Bn | 259.04 Mn |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 15.76 |
| Jun 30, 2026 | 12.64 |
| Mar 31, 2026 | 20.06 |
| Dec 31, 2025 | 16.32 |
| Sep 30, 2025 | 21.81 |
| Jun 30, 2025 | 16.11 |
| Mar 31, 2025 | 20.09 |
| Dec 31, 2024 | 18.21 |
| Sep 30, 2024 | 17.91 |
| Jun 30, 2024 | 19.70 |
| Mar 31, 2024 | 14.44 |
| Dec 31, 2023 | 35.57 |
| Sep 30, 2023 | 35.49 |
| Jun 30, 2023 | 35.31 |
| Mar 31, 2023 | 44.96 |
| Dec 31, 2022 | 63.36 |
| Sep 30, 2022 | 51.31 |
| Jun 30, 2022 | 90.06 |
| Mar 31, 2022 | 83.54 |
| Dec 31, 2021 | 31.66 |
Baker Hughes EV to FCF 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-fcf&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-fcf", "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-fcf&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();