Financial-condition grades for SEC filers
Company Report · as of Oct 9, 2026
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| Baker Hughes Co.BKR · manufacturing | |
|---|---|
| Grade | Nonecomputable_factors_below_threshold: 6 of 14 inputs computable; 7 are required |
| Reliability | 0.94 AUCfailure model, filers with over $2.67B assets; 95% interval 0.88 to 0.97; 61 events, 2020 to 2025 |
| Peer failure rate | 0.52% a yearItem 1.03 bankruptcies, same asset band, 2012 to 2025 |
| Size band | over $2.67B assetstotal assets $40.9B[1] |
| Standard universe | insiderevenue above $1M and assets above $10M[1-2] |
| Warnings | thin data · fortress balance sheetnot computable: short runway, distress |
| Inputs computable | 6 of 14 |
| Graded from | filings received through Feb 5, 2026246 days before the rescan; every figure keyed to the SEC receipt date |
| Last close | $56.312026-10-08; market equity $55.9B; iex feed |
| Price used in grade | None |
| Share price, twelve months to the rescansplit-adjusted close; a lollipop at every rescan carries the letter held then; baseline ticks are SEC receipt dates of the inputs; ranges and dragging scroll the full history | ||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Percentile at every rescan on file, Jan 21, 2012 to Oct 9, 2026; stronger toward the top. Hover for the date. Open this report as it stood on | ||||||||||||||||||||||||||||
Each date opens the report as it stood on that rescan. |
Business, in the company's words. Opening of Item 1 of the 10-K received Feb 5, 2026; the document on sec.gov.
Baker Hughes Company ("Baker Hughes," "the Company," "we," "us," or "our") is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. Built on a century of experience and conducting business in over 120 countries, our innovative technologies and services are taking energy forward. With our diverse portfolio, leading technology and clear purpose to make energy safer, cleaner and more efficient, Baker Hughes is well positioned to deliver solutions across industrial and energy markets.
7 checks ran; none of them enters the letter. The checks are listed on the warnings screen.
Lower percentile is stronger. Source numbers open the SEC filing; a range that spans filings opens the sources table.
| Input | Percentile, 0 to 100 | Value | Source | Peer median | Percentile | Peers | Period end |
|---|---|---|---|---|---|---|---|
| Profitability, sleeve percentile 54.1 | |||||||
| Gross profitability | not computable | 21.9% | |||||
| latest aligned inputs end 2019-12-31; latest annual assets end 2025-12-31 | |||||||
| Return on invested capital | not computable | 9.7% | |||||
| a prior annual debt, equity, and cash observation is required | |||||||
| Accruals ratio | (3.1%) | [1,5-7] | (3.6%) | 54.1 | 308 | 2025-12-31 | |
| Gross margin stability, five years | not computable | 2.1 pts | |||||
| five annual gross margins are required; found 3 | |||||||
| Solvency, sleeve percentile 78.4 | |||||||
| Twelve-month failure probability | not computable | 0.04% | |||||
| liabilities and a nearby cover-page share count are required at 2026-06-30 | |||||||
| Altman Z double-prime | not computable | 3.66 | |||||
| one or more required annual facts are missing | |||||||
| Net debt to EBITDA | not computable | 1.78x | |||||
| latest aligned inputs end 2017-12-31; latest annual assets end 2025-12-31 | |||||||
| Interest coverage | not computable | 5.09x | |||||
| one or more required annual facts are missing | |||||||
| Current ratio | 1.36x | [8-9] | 2.25x | 78.4 | 325 | 2025-12-31 | |
| Growth and financing, sleeve percentile 30.1 | |||||||
| Revenue growth, three-year compound | 9.4% | [2,10-12] | 2.1% | 23.9 | 269 | 2025-12-31 | |
| Free cash flow growth, three-year compound | 41.3% | [6,13-19] | 13.9% | 15.2 | 139 | 2025-12-31 | |
| Reinvestment rate | not computable | 26.4% | |||||
| latest aligned inputs end 2024-12-31; latest annual assets end 2025-12-31 | |||||||
| Asset growth, three years | 6.1% | [1,7,20-21] | 4.4% | 37.4 | 279 | 2025-12-31 | |
| Net share issuance, one year | (0.2%) | [22-23] | 0.01% | 43.8 | 243 | 2026-01-27 | |
Gross profitability. Revenue less cost of goods sold, over total assets.
Accruals ratio. Net income less operating cash flow, over average assets; lower is stronger.
Gross margin stability, five years. Standard deviation of gross margin; lower is stronger.
Twelve-month failure probability. CHS model; lower is stronger.
Net debt to EBITDA. Lower is stronger.
Net share issuance, one year. Split-adjusted; lower is stronger.
Market measures at the 2026-10-08 close. None enters the grade. Percentile among graded peers with the same measure.
| Measure | Value | Peer median | Percentile | Reading |
|---|---|---|---|---|
| Twelve-month price change, skipping the latest month | 32.5% | 13.7% | 66 | hotter than 66 of 100 peers |
| Distance from 52-week high | (19.2%) | (24.3%) | 63 | closer to its high than 63 of 100 peers |
| EBIT to enterprise value | 4.7% | 4.1% | 55 | pricier than 45 of 100 peers |
| Free cash flow yield | 4.5% | 3.4% | 61 | pricier than 39 of 100 peers |
| Book value to price | 0.36 | 0.34 | 50 | pricier than 50 of 100 peers |
| Sales to price | 0.50 | 0.54 | 45 | pricier than 55 of 100 peers |
| Composite equity issuance, five years | not computable | (9.5%) | a share count from five years earlier is required | |
| Relative strength against the sector, log excess return | 0.15 | (0.00) | 66 | ahead of 66 of 100 peers |
Inputs: market equity $55.9B; EBIT $3.1B; free cash flow $2.5B; book equity $19.9B; sales $27.7B; debt $15.5B; cash $5.6B[24].
Diagnostics do not feed the grade.
| Piotroski F-score: None of 9, period end 2025-12-31 | ||
|---|---|---|
| Return on assets above zero | 6.7% | ✓ pass[5,7] |
| Operating cash flow above zero | $3.8B | ✓ pass[6] |
| Return on assets improved | (1.3 pts) | ✗ fail[5,7,20,25] |
| Operating cash flow exceeds net income | $1.2B | ✓ pass[5-6] |
| Long-term leverage fell | (2.2 pts) | ✓ pass[1,7,20,26-27] |
| Current ratio improved | 3.2 pts | ✓ pass[8-9,28-29] |
| No new shares issued | (0.2%) | ✓ pass[22-23] |
| Gross margin improved | n/a | |
| Asset turnover improved | (3.0 pts) | ✗ fail[2,7,10,20] |
| Cash, filings, liquidity | |
|---|---|
| Cash and equivalents | n/a |
| Operating cash flow, four quarters | n/a[6,30-33] |
| Months of runway | not finite |
| cash is missing at the end of the latest cash-flow quarter | |
| Late filings, two years | 0 |
| NT 10-K or NT 10-Q | |
| Days since last periodic filing | 74 |
| 10-Q received Jul 27, 2026 | |
| Median daily dollar volume | $408.3M |
| 63 sessions | |
| Days since newest grade input | 246 |
|
Every citation on this page. Filing opens the SEC index page for that submission; viewer opens the SEC interactive data for the same filing; series opens the SEC XBRL API record for that tag and company.
| # | Concept | XBRL tag | Value | Period end | Received | Form | Links |
|---|---|---|---|---|---|---|---|
| 1 | assets | us-gaap:Assets | $40.9B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 2 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $27.7B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 3 | cash | us-gaap:CashAndCashEquivalentsAtCarryingValue | $7.0B | 2017-12-31 | 2018-02-23 | 10-K | filing · viewer · series |
| 4 | total debt | us-gaap:LongTermDebtAndCapitalLeaseObligations | $6.3B | 2017-12-31 | 2019-02-19 | 10-K | filing · viewer · series |
| 5 | net income | us-gaap:NetIncomeLoss | $2.6B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 6 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.8B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 7 | assets | us-gaap:Assets | $38.4B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 8 | current assets | us-gaap:AssetsCurrent | $18.8B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 9 | current liabilities | us-gaap:LiabilitiesCurrent | $13.9B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 10 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $27.8B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 11 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $25.5B | 2023-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 12 | revenue | us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax | $21.2B | 2022-12-31 | 2025-02-04 | 10-K | filing · viewer · series |
| 13 | capital expenditure | us-gaap:PaymentsToAcquireProductiveAssets | $1.3B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 14 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.3B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 15 | capital expenditure | us-gaap:PaymentsToAcquireProductiveAssets | $1.3B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 16 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $3.1B | 2023-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 17 | capital expenditure | us-gaap:PaymentsToAcquireProductiveAssets | $1.2B | 2023-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 18 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.9B | 2022-12-31 | 2025-02-04 | 10-K | filing · viewer · series |
| 19 | capital expenditure | us-gaap:PaymentsToAcquireProductiveAssets | $989.0M | 2022-12-31 | 2025-02-04 | 10-K | filing · viewer · series |
| 20 | assets | us-gaap:Assets | $36.9B | 2023-12-31 | 2025-02-04 | 10-K | filing · viewer · series |
| 21 | assets | us-gaap:Assets | $34.2B | 2022-12-31 | 2024-02-05 | 10-K | filing · viewer · series |
| 22 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 988,236,510 | 2026-01-27 | 2026-02-05 | 10-K | filing · viewer · series |
| 23 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 990,111,854 | 2025-01-22 | 2025-02-04 | 10-K | filing · viewer · series |
| 24 | shares outstanding | dei:EntityCommonStockSharesOutstanding | 992,674,071 | 2026-07-23 | 2026-07-27 | 10-Q | filing · viewer · series |
| 25 | net income | us-gaap:NetIncomeLoss | $3.0B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 26 | long term debt | us-gaap:LongTermDebtAndCapitalLeaseObligations | $5.4B | 2025-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 27 | long term debt | us-gaap:LongTermDebtAndCapitalLeaseObligations | $6.0B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 28 | current assets | us-gaap:AssetsCurrent | $17.2B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 29 | current liabilities | us-gaap:LiabilitiesCurrent | $13.0B | 2024-12-31 | 2026-02-05 | 10-K | filing · viewer · series |
| 30 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.8B | 2026-06-30 | 2026-07-27 | 10-Q | filing · viewer · series |
| 31 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $500.0M | 2026-03-31 | 2026-04-24 | 10-Q | filing · viewer · series |
| 32 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $2.1B | 2025-09-30 | 2025-10-24 | 10-Q | filing · viewer · series |
| 33 | operating cash flow | us-gaap:NetCashProvidedByUsedInOperatingActivities | $1.2B | 2025-06-30 | 2026-07-27 | 10-Q | filing · viewer · series |
Peer group. Sector assignment from four-digit SIC codes, hand-tuned and published. The grade under three alternative peer policies is tabled above.
Size. Within a sector the letter tracks size. Among graded filers in the smallest asset band, 72% grade E and 0% grade A; in the largest, 13% grade E and 21% grade A. Universe as of Oct 9, 2026.
Failure model. filings 2012-01-01 to 2019-12-31 fit, filings 2020-01-01 to 2025-12-31 test; status post hoc pending confirmation. pre-registered on 2026 filings once their 12-month outcome windows close; supported if the paired per-quintile gain over the pooled model has a lower bound above 0.05.
Input validity. Revenue or total assets at or below $100,000 sets the degenerate-inputs flag. An input whose denominator is at or below $100,000 is left not computable rather than ranked.
Returns. No input on this page has a post-2015 confidence interval on returns that excludes zero. The grade ranks reported financial condition and is not a return forecast.
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