Baker Hughes Co (BKR) - Net Assets
Based on the latest financial reports, Baker Hughes Co (BKR) has net assets worth $19.01 Billion USD as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($40.88 Billion) and total liabilities ($21.87 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check BKR asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $19.01 Billion |
| % of Total Assets | 46.5% |
| Annual Growth Rate | 2.71% |
| 5-Year Change | 13.25% |
| 10-Year Change | 27.97% |
| Growth Volatility | 51.73 |
Baker Hughes Co - Net Assets Trend (2015–2025)
This chart illustrates how Baker Hughes Co's net assets have evolved over time, based on quarterly financial data. Also explore how large is Baker Hughes Co's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Baker Hughes Co (2015–2025)
The table below shows the annual net assets of Baker Hughes Co from 2015 to 2025. For live valuation and market cap data, see Baker Hughes Co (BKR) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $19.01 Billion | +11.46% |
| 2024-12-31 | $17.05 Billion | +9.90% |
| 2023-12-31 | $15.52 Billion | +6.84% |
| 2022-12-31 | $14.53 Billion | -13.47% |
| 2021-12-31 | $16.79 Billion | -8.10% |
| 2020-12-31 | $18.27 Billion | -47.06% |
| 2019-12-31 | $34.50 Billion | -1.47% |
| 2018-12-31 | $35.01 Billion | -8.84% |
| 2017-12-31 | $38.41 Billion | +158.57% |
| 2016-12-31 | $14.86 Billion | +2.13% |
| 2015-12-31 | $14.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Baker Hughes Co's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 133.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $987.00 Million | 5.24% |
| Other Comprehensive Income | $-2.65 Billion | -14.08% |
| Other Components | $23.75 Billion | 126.11% |
| Total Equity | $18.83 Billion | 100.00% |
Baker Hughes Co Competitors by Market Cap
The table below lists competitors of Baker Hughes Co ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bajaj Finance Limited
NSE:BAJFINANCE
|
$62.99 Billion |
|
Elevance Health Inc
NYSE:ELV
|
$63.54 Billion |
|
ENGIE ADR/1 EO 1
F:GZFB
|
$63.66 Billion |
|
Republic Services Inc
NYSE:RSG
|
$63.82 Billion |
|
Rheinmetall AG
F:RHM
|
$62.87 Billion |
|
Apollo Global Management LLC Class A
NYSE:APO
|
$62.77 Billion |
|
Air Products and Chemicals Inc
NYSE:APD
|
$62.29 Billion |
|
Valero Energy Corporation
NYSE:VLO
|
$62.18 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Baker Hughes Co's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 16,895,000,000 to 18,834,000,000, a change of 1,939,000,000 (11.5%).
- Net income of 2,588,000,000 contributed positively to equity growth.
- Dividend payments of 910,000,000 reduced retained earnings.
- Share repurchases of 384,000,000 reduced equity.
- Other comprehensive income increased equity by 509,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $2.59 Billion | +13.74% |
| Dividends Paid | $910.00 Million | -4.83% |
| Share Repurchases | $384.00 Million | -2.04% |
| Other Comprehensive Income | $509.00 Million | +2.7% |
| Other Changes | $136.00 Million | +0.72% |
| Total Change | $- | 11.48% |
Book Value vs Market Value Analysis
This analysis compares Baker Hughes Co's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.65x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 2.04x to 3.65x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $33.83 | $69.12 | x |
| 2016-12-31 | $34.55 | $69.12 | x |
| 2017-12-31 | $33.44 | $69.12 | x |
| 2018-12-31 | $40.30 | $69.12 | x |
| 2019-12-31 | $39.37 | $69.12 | x |
| 2020-12-31 | $19.10 | $69.12 | x |
| 2021-12-31 | $18.00 | $69.12 | x |
| 2022-12-31 | $14.58 | $69.12 | x |
| 2023-12-31 | $15.14 | $69.12 | x |
| 2024-12-31 | $16.88 | $69.12 | x |
| 2025-12-31 | $18.95 | $69.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Baker Hughes Co utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 13.74%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.33%
- • Asset Turnover: 0.68x
- • Equity Multiplier: 2.17x
- Recent ROE (13.74%) is above the historical average (-3.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -4.17% | -3.63% | 0.72x | 1.59x | $-2.06 Billion |
| 2016 | 1.71% | 1.91% | 0.61x | 1.46x | $-1.23 Billion |
| 2017 | -0.43% | -0.36% | 0.30x | 3.96x | $-1.49 Billion |
| 2018 | 1.12% | 0.85% | 0.44x | 3.00x | $-1.55 Billion |
| 2019 | 0.58% | 0.54% | 0.45x | 2.43x | $-2.06 Billion |
| 2020 | -77.10% | -48.01% | 0.54x | 2.95x | $-11.23 Billion |
| 2021 | -1.48% | -1.07% | 0.58x | 2.38x | $-1.70 Billion |
| 2022 | -4.18% | -2.84% | 0.62x | 2.37x | $-2.04 Billion |
| 2023 | 12.64% | 7.62% | 0.69x | 2.40x | $406.20 Million |
| 2024 | 17.63% | 10.70% | 0.73x | 2.27x | $1.29 Billion |
| 2025 | 13.74% | 9.33% | 0.68x | 2.17x | $704.60 Million |
Industry Comparison
This section compares Baker Hughes Co's net assets metrics with peer companies in the Oil & Gas Equipment & Services industry.
Industry Context
- Industry: Oil & Gas Equipment & Services
- Average net assets among peers: $584,518,778
- Average return on equity (ROE) among peers: 0.46%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Baker Hughes Co (BKR) | $19.01 Billion | -4.17% | 1.15x | $62.90 Billion |
| ProFrac Holding Corp. (ACDC) | $176.81 Million | -1.24% | 2.26x | $980.32 Million |
| Atlas Energy Solutions Inc. (AESI) | $338.70 Million | 1.26% | 0.61x | $1.64 Billion |
| Archrock Inc (AROC) | $722.86 Million | 4.64% | 1.69x | $6.33 Billion |
| ChampionX Corporation (CHX) | $1.64 Billion | 6.75% | 0.16x | $4.94 Billion |
| Core Laboratories NV (CLB) | $47.60 Million | 16.18% | 0.67x | $655.15 Million |
| Drilling Tools International Corp. (DTI) | $49.10 Million | 42.93% | 1.14x | $76.38 Million |
| Dawson Geophysical Company (DWSN) | $48.80 Million | -38.20% | 0.41x | $62.41 Million |
| Enerflex Ltd. (EFXT) | $1.21 Billion | 8.14% | 0.88x | $2.57 Billion |
| Forum Energy Technologies Inc (FET) | $1.03 Billion | -36.31% | 0.78x | $597.54 Million |
About Baker Hughes Co
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and dr… Read more