Baker Hughes (BKR) Return on Capital Employed (2017 - 2026)
Baker Hughes (BKR) reported Return on Capital Employed of 35.87% for Q1 2026, up 1714.0% on a YoY basis from 1.98% in Q1 2025, and down 29.08% quarter-over-quarter from 50.58% in Q4 2025.
Baker Hughes (BKR) Return on Capital Employed (2017 - 2026) Analysis & Trends
Baker Hughes has reported Return on Capital Employed for 10 years, with the latest figure at 35.87% in Q1 2026.
- For the quarter ending Q1 2026, Return on Capital Employed rose 1714.0% year-over-year to 35.87%; the trailing twelve-month figure through Mar 2026 stood at 35.87% (up 1714.0% YoY), and the FY2025 full-year result was 58.02%, up 4553.0% from the prior year.
- Return on Capital Employed for Q1 2026 stood at 35.87%, down from 50.58% in the prior quarter.
- The five-year high for Return on Capital Employed was 50.58% in Q4 2025, with the low at 4.57% in Q3 2022.
- Historically, Return on Capital Employed has averaged 15.45% across 5 years, with a median of 10.61% in 2024.
- Annual changes were most pronounced in 2022 — Return on Capital Employed gained 29 bps — and 2025, when it jumped 3824 bps.
- Baker Hughes' Return on Capital Employed stood at 5.25% in 2022, then soared by 86 bps to 9.75% in 2023, then rose by 27 bps to 12.35% in 2024, then soared by 310 bps to 50.58% in 2025, then slipped by 29 bps to 35.87% in 2026.
- The last three Return on Capital Employed figures came in at 35.87% (Q1 2026), 50.58% (Q4 2025), and 31.2% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROCE (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 36.80% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 35.87% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 12.84% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 27.54% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 2.02% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 4.37% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 19.80% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 20.30% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 8.84% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.37% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 35.87% |
| Dec 31, 2025 | 50.58% |
| Sep 30, 2025 | 31.20% |
| Jun 30, 2025 | 25.28% |
| Mar 31, 2025 | 18.73% |
| Dec 31, 2024 | 12.35% |
| Sep 30, 2024 | 12.62% |
| Jun 30, 2024 | 11.73% |
| Mar 31, 2024 | 10.61% |
| Dec 31, 2023 | 9.75% |
| Sep 30, 2023 | 9.85% |
| Jun 30, 2023 | 8.10% |
| Mar 31, 2023 | 5.85% |
| Dec 31, 2022 | 5.25% |
| Sep 30, 2022 | 4.57% |
| Jun 30, 2022 | 4.82% |
| Mar 31, 2022 | 5.48% |
| Dec 31, 2021 | 4.96% |
| Sep 30, 2021 | 3.42% |
| Jun 30, 2021 | 1.82% |