Baker Hughes (BKR) FCF Margin (2016 - 2026)

Baker Hughes (BKR) posted FCF Margin of 2.49% for Q1 2026, down 85.69% on a QoQ basis from 17.4% in Q4 2025, and down 387.0% year-over-year from 0.87% in Q1 2025.

Baker Hughes (BKR) FCF Margin (2016 - 2026) Analysis & Trends

Baker Hughes' FCF Margin history runs 11 years deep, the most recent figure standing at 2.49% for Q1 2026.

  • Quarterly FCF Margin fell 387.0% year-over-year to 2.49% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 8.22% (up 99.0% YoY) and the FY2025 annual result came in at 9.15%, up 177.0% from the prior year.
  • FCF Margin was 2.49% for Q1 2026 at Baker Hughes, down from 17.4% in the prior quarter.
  • Across five years, FCF Margin topped out at 17.4% in Q4 2025 and bottomed at 4.05% in Q1 2022.
  • A 5-year average of 6.55% and a median of 7.03% in 2024 frame the typical range for FCF Margin.
  • Annual changes were most pronounced in 2022 — FCF Margin slumped 1361 bps — and 2023, when it jumped 733 bps.
  • Baker Hughes' FCF Margin stood at 10.65% in 2022, then retreated by 21 bps to 8.43% in 2023, then soared by 35 bps to 11.37% in 2024, then soared by 53 bps to 17.4% in 2025, then tumbled by 86 bps to 2.49% in 2026.
  • Business Quant data shows BKR's FCF Margin at 2.49% in Q1 2026, 17.4% in Q4 2025, and 9.04% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) FCF Margin (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 5.62%
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn 23.61%
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 11.11%
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 1.50%
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn -4.43%
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 12.04%
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 19.36%
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn -11.05%
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn -13.65%
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 2.49%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 6.51%