Baker Hughes (BKR) FCF Margin (2016 - 2026)
Baker Hughes (BKR) reported FCF Margin of 15.50% for Q2 2026, up 12.48 percentage points from 3.02% a year earlier and up 13.01 percentage points from the prior quarter.
Baker Hughes (BKR) FCF Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Baker Hughes' FCF Margin came in at 11.28%, up 3.44 percentage points year-over-year; for FY2025, it was 9.15%, up 1.77 percentage points from FY2024.
- FCF Margin has increased for three consecutive years, with a five-year change of +7.55 percentage points (FY2020 to FY2025).
- By year, FCF Margin came in at 7.38% in FY2024 (+0.17 pp), 7.21% in FY2023 (+2.96 pp), 4.25% in FY2022 (-3.15 pp) and 7.40% in FY2021 (+5.81 pp).
- Five-year quarterly FCF Margin spans a low of -4.05% in Q1 2022 and a high of 17.40% in Q4 2025.
- Year over year, FCF Margin gained in five of the last eight quarters, with an average year-over-year change of +2.53 percentage points.
- The high point for year-over-year FCF Margin in five years was Q2 2026 (a gain of 12.48 percentage points); the low point was Q1 2022 (a drop of 13.61 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 2.49% (Q1 2026), 17.40% (Q4 2025) and 9.04% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 10.03% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 15.50% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 17.66% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 10.31% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | -3.00% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | -8.39% |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 21.95% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 12.04% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | -17.14% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | -25.76% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 15.50% |
| Mar 31, 2026 | 2.49% |
| Dec 31, 2025 | 17.40% |
| Sep 30, 2025 | 9.04% |
| Jun 30, 2025 | 3.02% |
| Mar 31, 2025 | 6.36% |
| Dec 31, 2024 | 11.37% |
| Sep 30, 2024 | 10.28% |
| Jun 30, 2024 | 0.78% |
| Mar 31, 2024 | 7.03% |
| Dec 31, 2023 | 8.43% |
| Sep 30, 2023 | 7.97% |
| Jun 30, 2023 | 9.22% |
| Mar 31, 2023 | 2.64% |
| Dec 31, 2022 | 10.65% |
| Sep 30, 2022 | 6.91% |
| Jun 30, 2022 | 1.88% |
| Mar 31, 2022 | -4.05% |
| Dec 31, 2021 | 9.26% |
| Sep 30, 2021 | 4.28% |
Baker Hughes FCF Margin 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=fcf-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "fcf-margin", "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=fcf-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();