Baker Hughes (BKR) FCF Margin (2016 - 2026)
Baker Hughes' (BKR) quarterly FCF Margin came in at 15.5% in Q2 2026, up 1248.0% on a YoY basis from 1.15% in Q2 2025, and up 522.55% quarter-over-quarter from 2.49% in Q1 2026.
Analysis
Baker Hughes (BKR) FCF Margin (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has reported FCF Margin for 11 consecutive years, with 15.5% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, FCF Margin rose 1248.0% year-over-year to 15.5%; the trailing twelve-month figure through Jun 2026 stood at 11.28% (up 344.0% YoY), and the FY2025 full-year result was 9.15%, up 177.0% from the prior year.
- FCF Margin improved to 15.5% in Q2 2026 per BKR's latest filing, from 2.49% 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.
- Historically, FCF Margin has averaged 7.05% across 5 years, with a median of 7.5% in 2023.
- The sharpest annual moves came in 2022 and 2026: FCF Margin plunged 1361 bps in 2022, then surged 1248 bps in 2026.
- Over 5 years, 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 dropped by 11 bps to 15.5% in 2026.
- According to Business Quant data, FCF Margin over the past three periods registered 15.5%, 2.49%, and 17.4% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 85.35 Bn | 82.46 Bn | 4.63 Bn | 10.03% |
| 2 | Baker Hughes | 63.03 Bn | 47.48 Bn | 1.58 Bn | 15.50% |
| 3 | Halliburton | 30.89 Bn | 28.89 Bn | 2.10 Bn | 10.31% |
| 4 | Weatherford International | 6.88 Bn | 5.75 Bn | 662.00 Mn | 12.04% |
| 5 | Kodiak Gas Services | 6.31 Bn | 6.18 Bn | 246.76 Mn | -25.76% |
| 6 | Tidewater | 4.69 Bn | 4.07 Bn | 161.54 Mn | 15.23% |
| 7 | USA Compression Partners | 3.95 Bn | 3.94 Bn | 217.36 Mn | 37.32% |
| 8 | National Energy Services Reunited | 3.50 Bn | 3.32 Bn | 81.29 Mn | 19.19% |
| 9 | Liberty Energy | 3.36 Bn | 2.80 Bn | 208.34 Mn | -7.64% |
| 10 | Select Water Solutions | 2.55 Bn | 2.61 Bn | 76.84 Mn | 3.97% |
Historic Data
Download Data
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% |