Baker Hughes (BKR) Return on Invested Capital [ROIC] (2017 - 2026)
Baker Hughes (BKR) posted Return on Invested Capital [ROIC] of 8.85% for Q2 2026, down 4.00 percentage points from 12.86% a year earlier and down 1.64 percentage points from the prior quarter.
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Analysis
Baker Hughes (BKR) Return on Invested Capital [ROIC] (2017 - 2026) Analysis & Trends
For FY2025, Baker Hughes' Return on Invested Capital [ROIC] came in at 12.89%, up 0.17 percentage points from FY2024.
- Annual Return on Invested Capital [ROIC] has increased for three consecutive years, with a five-year change of +60.59 percentage points (FY2020 to FY2025).
- In prior years, Baker Hughes' Return on Invested Capital [ROIC] was 12.72% in FY2024 (+4.68 pp), 8.05% in FY2023 (+8.05 pp), 0.00% in FY2022 (unchanged) and 0.00% in FY2021 (+47.70 pp).
- The Q2 2026 figure stands as the lowest quarterly Return on Invested Capital [ROIC] since Q1 2024.
- On a year-over-year basis, Return on Invested Capital [ROIC] increased in six of the last eight quarters, with an average year-over-year change of +1.49 percentage points.
- The strongest year-over-year quarter for Return on Invested Capital [ROIC] in the past five years was Q3 2021, with a gain of 63.93 percentage points; the weakest was Q2 2026, with a drop of 4.00 percentage points.
- According to Business Quant data, Return on Invested Capital [ROIC] for the three prior quarters was 10.49% (Q1 2026), 13.35% (Q4 2025) and 12.71% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | ROIC (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 76.30 Bn | 73.91 Bn | 1.57 Bn | 9.30% |
| 2 | Baker Hughes | 49.10 Bn | 11.25 Bn | 1.96 Bn | 13.18% |
| 3 | Halliburton | 27.94 Bn | 19.88 Bn | 840.00 Mn | 13.16% |
| 4 | TechnipFMC | 25.83 Bn | 21.81 Bn | 728.70 Mn | 35.01% |
| 5 | Noble | 6.97 Bn | 5.04 Bn | 228.22 Mn | 1.51% |
| 6 | Nov | 6.45 Bn | 1.39 Bn | 439.00 Mn | 2.34% |
| 7 | Weatherford International | 6.27 Bn | 2.04 Bn | 374.00 Mn | 16.40% |
| 8 | Transocean | 6.19 Bn | 4.23 Bn | 348.00 Mn | 6.10% |
| 9 | Valaris | 5.84 Bn | 3.59 Bn | 176.30 Mn | 4.43% |
| 10 | Kodiak Gas Services | 4.53 Bn | 4.21 Bn | 259.04 Mn | 6.91% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 13.18% |
| Jun 30, 2026 | 12.94% |
| Mar 31, 2026 | 15.09% |
| Dec 31, 2025 | 18.80% |
| Sep 30, 2025 | 16.82% |
| Jun 30, 2025 | 15.65% |
| Mar 31, 2025 | 14.23% |
| Dec 31, 2024 | 12.49% |
| Sep 30, 2024 | 10.56% |
| Jun 30, 2024 | 9.71% |
| Mar 31, 2024 | 8.58% |
| Dec 31, 2023 | 7.89% |
| Sep 30, 2023 | 7.30% |
| Jun 30, 2023 | 5.47% |
| Mar 31, 2023 | 0.00% |
| Dec 31, 2022 | 0.00% |
| Sep 30, 2022 | 0.00% |
| Jun 30, 2022 | 0.00% |
| Mar 31, 2022 | 1.89% |
| Dec 31, 2021 | 0.00% |
API Access
Baker Hughes Return on Invested Capital [ROIC] 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=return-on-invested-capital-%5Broic%5D&ticker=BKR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "return-on-invested-capital-[roic]", "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=return-on-invested-capital-%5Broic%5D&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();