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03
Price $57.38
P/E -59.1
EPS $2.98
Revenue $27.73B
ROE 14.5%
52W Range $44–$70

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About Baker Hughes Company - Common Stock Company overview from Wikipedia

05 · wikidata

Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK. As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications. It operates in over 120 countries, with facilities in Australia, Brazil, Singapore, Malaysia, India, UAE, Saudi Arabia, Italy, Germany, Norway, the United Kingdom, Namibia, Nigeria and the United States.

Baker Hughes manufactures equipment which can also be used for industrial applications such as hydrogen production, geothermal energy resources, enhanced geothermal, and carbon capture utilization and storage, as part of the energy transition.

Divisions

The company divides its organization into the following segments:

Oilfield Services and Equipment – provides drilling, completion, production, intervention, subsea systems, flexible pipes, and related services for petroleum and geothermal industries.

Industrial and Energy Technology – supplies equipment and services for mechanical drive, compression, power generation, and measurement, as well as climate-related technologies such as carbon capture, hydrogen, and emissions management.

The company has acquired many legacy brands and businesses over the years, including Bently Nevada.

History

Baker Hughes traces its roots to the 1987 merger of Hughes Tool Company and Baker Oil Tool Company and the company has subsequently grown via acquisitions.

Hughes Tool Company

The Hughes Tool Company was founded in 1908 by business partners Walter Benona Sharp and Howard R. Hughes, Sr., father of Howard Hughes, Jr. That year, Hughes, Sr. and Sharp developed the first dual cone rotary drill bit, designed to enable rotary drilling in harder, deeper formations than was possible with earlier fishtail bits. They conducted two secret tests on a drilling rig in Goose Creek, Texas. Each time, Hughes asked the drilling crew to leave the rig floor, pulled the bit from a locked wooden box, and then his associates ran the bit into the hole. The drill pipe twisted off on the first test, but the second was extremely successful. Following these successful drill bit tests, the partners founded the Sharp-Hughes Tool Company in 1909. The first shop to manufacture the bit occupied a 20-foot by 40-foot rented space. On August 10, 1909, the United States Patent and Trademark Office granted a patent to Hughes.

After Walter Sharp died in 1912, Hughes purchased Sharp's half of the business. The company was renamed Hughes Tool Company in 1915, and Hughes, Jr. inherited it after his father's death in 1924. In 1933, the company introduced the Tricone drill bit. Through the 1950s and 1960s, Hughes Tool Company remained a private enterprise, owned by Hughes. While Hughes was engaged in his Hollywood and aviation enterprises, managers in Houston, such as Fred W. Ayers and Maynard Ellsworth Montrose, kept the tool company growing through technical innovation and international expansion. In 1958, the Engineering and Research Laboratory was enlarged to accommodate six laboratory sections that housed specialized instruments, such as a direct reading spectrometer and x-ray diffractometer. In 1959, Hughes introduced self-lubricating, sealed bearing rock bits. After collecting data from thousands of bit runs, Hughes introduced the first comprehensive guides to efficient drilling practices in 1960; in 1964, X-Line rock bits were introduced, combining new cutting structure designs and hydraulic jets.

Hughes Tool Company acquired Brown Oil Tools in 1978. Brown Oil Tools was founded by Cicero C. Brown in 1929 in Houston and patented the first liner hanger in 1937. Liner hangers enable drillers to lengthen their casing strings without having the liner pipe extend all the way to the surface. This saves capital cost and reduces weight borne by offshore platforms.

Oil Base Inc. (OBI), founded by George Miller in 1942, was acquired by Hughes Tool Company in 1979, and renamed Hughes Drilling Fluids in 1982. In 1949, OBI introduced Black Magic SFT, a drilling fluid additive to free stuck pipe that is still sold today.

Baker Oil Tool Company

Reuben C. Baker (1872–1957) was a farm boy who never advanced in school beyond the third grade. He followed his brother Aaron Alphonso Baker into the oil business. In 1895, he got a job in a California oilfield driving a horse team to haul oil for drillers. One year later, he became a drilling contractor. In July 1907, he was granted a U.S. patent for a casing shoe that enabled drillers to efficiently run casing and cement it in oil wells. The casing shoe revolutionized cable tool drilling by ensuring the uninterrupted flow of oil through the bottom of the casing in the well. In 1913, he founded Baker Casing Shoe Company. In the 1920s, it expanded into national and international markets. In 1928, Baker Casing Shoe Company changed its name to Baker Oil Tools, Inc. to reflect its product line of completion, cementing, and fishing equipment. Baker Oil Tools expanded to Houston in the 1920s.

In 1942, driven in part by the shortage of steel during World War II, the company introduced the Model D Packer, which enabled multiple completions in the same well. In 1943, the company earned the Army-Navy E Flag for its wartime manufacturing contributions. In early 1956, during one of the most successful periods in the company's history, Baker retired as President of Baker Oil Tools and was succeeded by his long-time associate Ted Sutter. Baker died only a few weeks later after a brief illness at the age of 85. Although he only had three years of formal education, Baker received more than 150 patents in his lifetime. In 1962, it acquired Pressure Services. In 1963, it acquired Kobe, one of the largest manufacturers of hydraulic systems for oil well pumping. In 1964, Sutter was succeeded by E.H. "Hubie" Clark, who became the first Baker Hughes chairman of the board in 1987. During its 80-year history prior to its merger with Baker Hughes, Baker Oil Tools had only three chief executive officers.

In 1970, Baker Oil Tools acquired Lynes, Inc., which produced liner hangers and other completion equipment. In 1978, Baker Oil Tools introduced the Bakerline casing liner hanger. In 1985, the FlexLock Liner Hanger was introduced, extending the performance range and functionality of liner hanger systems. In 1987, the Brown liner hanger technology was merged into Baker Oil Tools. In 1992, Baker Oil Tools introduced the ZXP Liner Top Packer, with expandable metal seals, which set the stage for development of expandable screens, casing systems and liner hangers. In 1994, Baker Oil Tools introduced multilateral completion systems, which enabled operators to install completion tools and perform selective intervention work in multiple horizontal sections from a common main borehole.

In 1971, the company acquired Milchem, a provider of drilling fluids, for approximately $20 million in stock. In 1931, Max B. Miller devised a drilling mud using a white clay as a weighting material. To market the new mud, he formed The Milwhite Company in Texas. In the mid-1930s, the company mined barites in conjunction with the Magnet Cove Barium Corporation (later called Magcobar). After a hiatus during World War II, the company resumed grinding operations using barite from a mine in Missouri and conducted mud sales through independent distributors. After 1956, Milwhite Mud Sales Company built its own sales network. In 1963, the company acquired Aquaness, and in 1964 the combination became Milchem.

In 1972, the company acquired Exploration Logging Company (EXLOG), a leader in mud logging. EXLOG was founded in 1952 in Sacramento, California by Vern C. Jones, and had 800 employees. In November 1975, the company acquired Reed Tool Company of Houston in a $120 million stock transaction. In 1976, it became Baker International Corporation with almost all of its operations headquartered in Houston. In 1985, Baker International acquired the drilling fluids division of Newpark Resources and merged it with Milchem's mud division to form Milpark.

Merger to form Baker Hughes (1987)

As a result of the 1980s oil glut, in 1987, Baker International merged with Hughes Tool Company in a $728 million stock transaction to form Baker Hughes Incorporated. The merger required Baker to enter into a consent decree to divest Reed Tool Company, Reed's facility in Singapore, and its Baker Lift division. Hughes attempted to terminate the agreement after Baker entered into the consent decree; however, Baker sued Hughes for $1 billion and Hughes shareholders voted overwhelmingly to complete the transaction.

Violation of Foreign Corrupt Practices Act (2001–2003)

In April 2007, the company pleaded guilty in U.S. federal court to violations of the Foreign Corrupt Practices Act (FCPA) and agreed to pay $44.1 million in fines and penalties for making $4.1 million in "commission" payments between 2001 and 2003 that allegedly resulted in an oil-services contract in the Karachaganak Field in Kazakhstan.

Largest vessel in Gulf of Mexico (2001)

In 2001, the company introduced the largest fracking proppants vessel for deepwater work in the Gulf of Mexico. It was named after founder Howard R. Hughes Sr.

Threat of strike action (2012)

On June 11, 2012, during the annual period of negotiations between trade unions, including SAFE, the Norwegian union for energy workers, and their employer counterparts in Norway, 114 Baker Hughes employees were called to a strike action, which would have affected over a dozen installations. On June 18, 2012, the strike was called off after the parties agreed to a new collective agreement.

Emissions

In January 2019, Baker Hughes pledged to reduce carbon dioxide equivalent emissions by 50% by 2030, and 100% by 2050 from a 2012 baseline.

In June 2021, Baker Hughes signed a memorandum of understanding with Borg CO2 to develop carbon capture, liquefaction, and transportation technologies on a waste-to-energy plant in Sarpsborg.

Acquisitions, divestures, and joint ventures

1989–1990 acquisitions and divestitures

In 1989, the company acquired Bird Machine Company for $47.5 million, Vetco Services for $37 million, and EDECO Petroleum Services for $12.1 million. In 1990, the company acquired Eastman Christensen, a leader in directional drilling systems and diamond bit technology, for $600 million. It also acquired the instrumentation units of Tracor Holdings for $93.7 million in cash and Chemlink for $136 million in cash. In 1990, the company also sold Totco division of its Exlog subsidiary to NOV Inc. for $41 million in cash and stock.

Eastman Christensen (1990)

In 1929, H. John Eastman introduced "controlled directional drilling" in Huntington Beach, California, using whipstocks and magnetic survey instruments to deflect the drill pipe from shore-based rigs to reach oil deposits offshore. In 1934, Eastman Whipstock Inc. was founded by Eastman and Roman W. Hines, the same year the company drilled the world's first relief well to control a blowout in Conroe, Texas, that had been on fire for more than a year.

In 1957, Frank Christensen's Christensen Diamond Products opened a manufacturing plant in Celle, Germany. The facility built diamond core heads and drilling bits and soon began producing stabilizers, drilling jars and other equipment. In 1977, the Celle engineering and manufacturing team introduced the Navi-Drill line of downhole drilling motors, which has led the drilling industry in performance and reliability for three decades. Other innovations developed in Celle include the industry's first steerable motor system, and the AutoTrak Rotary Closed Loop System, a pioneering directional drilling tool. In 1978, Christensen Diamond Products was acquired by Norton Co. and changed its name to Norton Christensen. In 1986, Eastman Whipstock merged with Norton Christensen to form Eastman Christensen.

In 1990, Baker Hughes acquired Eastman Christensen from Norton Abrasives for $550 million. To receive approval from the United States Department of Justice, the company sold its Hughes Tool diamond bit business. Baker Hughes combined Eastman Christensen and the remainder of Hughes Tools to form Hughes Christensen.

In 1993, Hughes Christensen introduced the AR-Series PDC bits, anti-whirl bits with increased penetration rates up to 100% in some applications and extended bit life as much as four-fold, compared to previous bit designs. By 1995, Hughes Christensen's Gold Series PDC line increased drilling efficiency by reducing the frictional forces that can accumulate in front of the cutting edge, reducing the energy required to remove the rock. In 1996, patented ChipMaster PDCs, known for their efficiency and durability, were built on the success of the Eggbeater product line. Hughes Christensen next introduced the Genesis HCM bits for steerable motors with patented EZSteer depth-of-cut control technology. This same technology was adapted to Genesis HCR bits for rotary steerable systems, such as the Baker Hughes AutoTrak rotary closed loop system. Genesis ZX PDCs followed with new Zenith cutters.

Teleco Oilfield Services (1992)

In April 1992, Baker Hughes acquired Teleco Oilfield Services, a provider of directional measurement-while-drilling technology, from Sonat for $200 million cash, preferred stock and royalty from future sales of Teleco's "triple combo" sensors. Teleco Oilfield Services was founded in 1972 and introduced the world's first MWD tool in 1978. Teleco had approximately 1,300 employees, including 430 in Meriden, Connecticut. In 1993, Baker Hughes INTEQ was formed by combining five of the company's oilfield divisions.

Petrolite (1997)

Petrolite was formed in 1930 from the merger of William Barnickel's Tret-O-Lite with Petroleum Rectifying Company of California (PETRECO). In 1997, Baker Hughes acquired Petrolite for $693 million in stock. At that time, Wm. S. Barnickel & Co. owned 47% of Petrolite.

In 2003, the division acquired Cornerstone Pipeline Inspection Group.

Drilex (1997)

In 1997, the company acquired Drilex, a provider of drilling products and services, for $109 million in stock.

Western Rock Bit Company (1998)

In 1998, the company acquired Western Rock Bit Company, a Canadian bit distributor, for $30.8 million.

Western Atlas (1998)

Western Atlas, which specialized in finding oil by mapping geological formations with sound waves and using wires to manipulate tools and gauges in oil and natural-gas wells, was divested from Litton Industries in 1994. In 1995, Western Atlas acquired 50% of PetroAlliance Services Company, Ltd., which offered seismic, well-logging, and integrated project services in the Post-Soviet states. In May 1997, Western Atlas acquired Sungroup Energy Services, a Canadian well logging, production testing, and completion services provider. During the fourth quarter of 1997, Western Atlas acquired Geosignal, a seismic data processing company; Seismic Resources, a provider of nonexclusive seismic surveys; and ParaMagnetic Logging, a well-logging research company. In the fourth quarter of 1997, the company acquired Heartland Kingfisher, a Canadian well-logging company.

On August 10, 1998, Baker Hughes acquired Western Atlas for $5.5 billion in stock plus the assumption of $700 million in debt. The acquisition was made in part to prevent an acquisition of Western Atlas by Halliburton. The acquisition added strong seismic-data operations as well as downhole wireline and testing services.

Joint venture with Schlumberger (2000–2006)

In 1999, the only new seismic technology that was being introduced was the 4-dimensional seismic survey monitoring. In 2000, during a downturn in the petroleum industry, the company merged its Western Geophysical division with Schlumberger's Geco (Geophysical Company of Norway) to form WesternGeco. In 2006, Baker Hughes sold its 30% share of WesternGeco to Schlumberger for $2.4 billion in cash.

OCRE (2001)

In 2001, Baker Hughes acquired OCRE (Scotland) Ltd. from Maritime Well Service, a division of Aker ASA.

Nova Technology Corporation (2006)

In February 2006, Baker Hughes acquired Nova Technology Corporation, a supplier of permanent monitoring, chemical injection systems, and multiline services for deepwater and subsea oil and gas well applications, for $70 million in cash and assumed debt.

JOA Oil and Gas BV (2010)

In October 2010, Baker Hughes acquired JOA Oil & Gas BV. JOA developed JewelSuite, a reservoir modelling software.

BJ Services Company (2010–2017)

In 1990, the company sold a 71% stake in BJ Services via an initial public offering. On April 28, 2010, Baker Hughes re-acquired BJ Services. In 2017, after the division suffered market share losses, the company sold a majority interest in BJ Services to private equity firms to obtain approval for the merger with GE Oil and Gas.

Proposed acquisition by Halliburton (2016)

In November 2014, the company agreed to a merger with Halliburton valued at $34.6 billion. If consummated, it would have been the largest merger in the history of the petroleum industry. The merger was approved by both companies' stockholders; however, on April 6, 2016, the United States Department of Justice sued to block the transaction due to concerns that the merger would affect competition and prices in the oilfield service industry. On May 1, 2016, the companies terminated the merger agreement due to the regulatory opposition.

Merger with GE Oil and Gas (2017)

In July 2017, the company merged with GE Oil and Gas. As part of the transaction, the company sold a 53.3% percent stake in the hydraulic fracturing and cementing business to CSL Capital Management and Goldman Sachs’ West Street Energy Partners for $325 million. General Electric announced plans to divest its stake by 2023; by year-end 2021, its remaining ownership was approximately 11.4%.

Sale of Reciprocating Compression division (2019)

In 2019, the company sold its Reciprocating Compression division to Arcline Investment Management, a private equity firm.

Sale of chemical manufacturing facility to Sterling Auxiliaries (2020)

In September 2020, Sterling Auxiliaries & Artek Surfin Chemicals acquired Baker Hughes' Sand Springs chemical manufacturing facility.

Compact Carbon Capture (2020)

In November 2020, Baker Hughes acquired Compact Carbon Capture, a company developing solvent-based carbon capture patents.

Joint venture with Aramco (2020)

In December 2020, Baker Hughes set up a joint venture with Aramco to create a non-metallic materials company called Novel Non-Metallic Solutions Manufacturing. Novel's facility is being developed at King Salman Energy Park.

ARMS Reliability (2021)

In 2021, Baker Hughes acquired ARMS Reliability, a company providing advisory services and software to several industries.

SRI International (2021)

In March 2021, Baker Hughes acquired a license for the use of mixed-salt process technology for flue gas carbon capture from SRI International.

Joint venture with Akastor (2021)

In March 2021, Baker Hughes announced the creation of a joint venture for drilling services with Akastor ASA's subsidiary MHWirth AS, called HMH.

Altus Intervention (2022)

In March 2022, Baker Hughes acquired Altus Intervention, an oilwell specialist company headquartered in Norway.

Sale of operations in Russia (2022)

In August 2022, after the 2022 Russian invasion of Ukraine, the company agreed to sell its operations in Russia to local management.

Quest Integrity (2022)

In November 2022, the company acquired Quest Integrity from Team, Inc. for $279 million.

Chart Industries (2025)

In July 2025, Baker Hughes announced they were acquiring Chart Industries for $13.6 billion The acquisition was completed in July 2026, with Chart becoming Baker Hughes's third operating segment. The segment incorporated Chart's air and gas handling, thermal-management and lifecycle-services businesses.

Source: Wikipedia, CC BY-SA 4.0 · View on Wikipedia ↗

Wikidata ↗

sectorEnergy industryEnergy employees54,000 countryUS

10-Year Performance Revenue, net income, margins and EPS trends

06
Revenue$27.73B
2017-12-31 → 2025-12-31
EPS$2.98
2017-12-31 → 2024-12-31
Free Cash Flow$2.54B
2017-12-31 → 2025-12-31
Net margin11.2%
2017-12-31 → 2025-12-31
Valuation & Ratios 07–12

Valuation P/E, P/S, P/B, EV/EBITDA ratios — is the stock expensive or cheap?

Metric 5Y trend BKR 5Y avg Peer Median Verdict
P/E -59.15Y avg ≈-33.0 ≈-33.0 · ·

Peer median is calculated on a standardized basis per metric and may not always match the TTM/MRQ basis shown for this stock.

value · ≈ 5Y avg · industry median · verdict relative to median

Dividends Yield, payout ratio, dividend history, 5Y CAGR

13
Payout Ratio35.2%
Annualized Payout≈$0.92Paid quarterly
5Y Div CAGR≈5.0%Per share, split-adjusted
Growth Streak≈4Consecutive years of dividend growth
Ex-dateAmountCurrencyYield
Aug 7, 2026$0.23USD≈1.5%
May 5, 2026$0.23USD≈1.4%
Feb 17, 2026$0.23USD≈1.5%
Nov 4, 2025$0.23USD≈2.0%
Aug 5, 2025$0.23USD≈2.1%
May 6, 2025$0.23USD≈2.4%
Feb 11, 2025$0.23USD≈1.8%
Nov 4, 2024$0.21USD≈2.2%
Aug 6, 2024$0.21USD≈2.4%
May 3, 2024$0.21USD≈2.6%
Feb 12, 2024$0.21USD≈2.7%
Nov 3, 2023$0.20USD≈2.2%
Aug 7, 2023$0.20USD≈2.2%
May 26, 2023$0.19USD≈2.7%
Feb 3, 2023$0.19USD≈2.4%
Nov 4, 2022$0.19USD≈2.5%
Aug 8, 2022$0.18USD≈3.0%
May 27, 2022$0.18USD≈1.9%
Feb 4, 2022$0.18USD≈2.7%
Nov 1, 2021$0.18USD≈2.8%

Earnings History EPS actual vs estimate, surprise %, beat rate, next earnings date

14
Avg Surprise 14.1%
Next Report Oct 21, 2026
PeriodReportEPS ActualEPS EstSurprise
June 30, 2026 Jul 20, 2026 $0.64 $0.51 26.2%
March 31, 2026 $0.58 $0.50 16.2%
Dec. 31, 2025 $0.78 $0.68 15.1%
Sept. 30, 2025 $0.68 $0.62 9.3%
June 30, 2025 $0.63 $0.56 12.2%
March 31, 2025 $0.51 $0.48 5.9%

Full Fundamentals All metrics by year — income statement, balance sheet, cash flow

15
Income Statement 14
Metric Trend 20252024202320222021202020192018201720162015
Revenue $27.73B$27.83B$25.51B$21.16B$20.50B$20.70B$23.84B$22.88B$17.18B$13.08B$16.69B
Cost of Revenue ········$9.40B$7.82B$9.27B
Gross Profit ······$4.43B$3.99B$3.04B$3.15B·
R&D Expense $600M$643M$651M$552M$492M$595M$687M$700M$501M$352M$408M
SG&A Expense $2.39B$2.46B$2.61B$2.51B$2.47B$2.40B$2.83B$2.70B$2.54B$1.93B$2.12B
Operating Expenses ·$24.75B$23.19B$19.97B$19.19B·$22.76B$22.18B$17.46B$12.62B$16.83B
Operating Income ·$3.08B$2.32B$1.19B$1.31B$-15.98B$1.07B$701M$-284M$457M$-138M
Other Non-op $-243M$341M$544M$-911M$-583M$1.04B$-84M$202M$80M$3M$100M
Pretax Income $2.88B$3.27B$2.65B$22M$428M$-15.20B$753M$541M$-346M$358M$-158M
Income Tax $253M$257M$685M$600M$758M$559M$482M$258M$45M$173M$473M
Net Income $2.59B$2.98B$1.94B$-601M$-219M$-9.94B$128M$195M$-103M$0$0
EPS (Basic) ·$3.00$1.93$-0.61$-0.27$-14.73$0.23$0.46$-0.24··
EPS (Diluted) ·$2.98$1.91$-0.61$-0.27$-14.73$0.23$0.45$-0.24··
EBITDA $1.19B$4.22B$3.40B$2.25B$2.42B$-14.66B$2.49B$2.19B$996M··
Balance Sheet 25
Metric Trend 20252024202320222021202020192018201720162015
Cash & Equivalents ········$7.03B$981M$1.43B
Receivables $6.64B$7.12B$7.08B$5.96B$5.65B$5.62B$6.42B$5.97B$6.01B$2.56B·
Inventory $4.95B$4.95B$5.09B$4.59B$3.98B$4.42B$4.61B$4.62B$4.51B$3.22B·
Other Current Assets $3.52B$1.77B$1.49B$1.56B$1.58B$2.28B$949M$659M$872M$633M·
Current Assets $18.83B$17.21B$16.30B$14.59B$15.06B$16.45B$15.22B$14.97B$18.42B$7.40B·
PP&E (Net) $5.33B$5.13B$4.89B$4.54B$4.88B$5.36B$6.24B$6.23B$6.96B$2.33B$2.55B
PP&E (Gross) $12.01B$11.18B$10.57B$9.66B$9.88B$10.47B$10.62B$9.85B$9.78B$4.39B·
Accum. Depreciation $6.69B$6.06B$5.68B$5.12B$5.00B$5.12B$4.38B$3.62B$2.82B$2.06B·
Goodwill $6.07B$6.08B$6.14B$5.93B$5.96B$5.98B$20.69B$20.72B$19.93B$6.68B$6.87B
Intangibles $4.10B$3.95B$4.09B$4.18B$4.13B$4.40B$5.38B$5.72B$6.36B$2.45B·
Other Non-current Assets $2.98B$2.98B$3.04B$2.78B$2.94B$2.87B$3.00B$1.84B$2.07B$573M·
Total Assets $40.88B$38.36B$36.95B$34.18B$35.31B$38.01B$53.37B$52.44B$56.50B$21.72B·
Accounts Payable $4.58B$4.54B$4.47B$4.30B$3.75B$3.53B$4.27B$4.03B$3.38B$1.90B·
Current Liabilities $13.88B$12.99B$12.99B$11.07B$9.13B$10.23B$10.01B$9.02B$9.23B$4.93B·
Capital Leases $442M$475M$549M$552M$624M$591M$641M$103M$87M$1M·
Deferred Tax $84M$83M$176M$229M$127M$186M$51M$143M$490M$880M·
Other Non-current Liabilities $1.45B$1.28B$1.41B$1.41B$1.51B$1.39B$1.43B$960M$889M$495M·
Total Liabilities ·········$0·
Long-term Debt ·········$37M·
Common Stock ·········$1·
Retained Earnings $-3.25B$-5.84B$-8.82B$-10.76B$-10.16B$-9.94B$0$25M$-103M$0·
AOCI $-2.65B$-3.16B$-2.80B$-2.97B$-2.38B$-1.78B$-1.64B$-1.22B$-703M$-1.89B·
Stockholders' Equity $18.83B$16.89B$15.37B$14.39B$14.83B$12.89B$21.93B$17.46B$14.28B$14.69B·
Liabilities + Equity $40.88B$38.36B$36.95B$34.18B$35.31B$38.01B$53.37B$52.44B$56.50B$21.72B·
Shares Outstanding ·········100·
Cash Flow 18
Metric Trend 20252024202320222021202020192018201720162015
D&A $1.19B$1.14B$1.09B$1.06B$1.10B$1.32B$1.42B$1.49B$1.10B$550M$530M
Stock-based Comp $203M$202M$197M$207M$205M$210M·····
Deferred Tax $-702M$-671M$-59M$105M$133M$160M$51M$-249M$-333M$-38M$-96M
Amort. of Intangibles $250M$266M$257M$222M$253M$308M$365M$455M$387M$239M$179M
Restructuring $215M$260M$313M$196M$138M$903M$314M$304M$385M$293M$314M
Other Non-cash $533M$-314M$-106M$1.12B$1.35B$9.77B$529M$330M$-1.52B··
Operating Cash Flow $3.81B$3.33B$3.06B$1.89B$2.37B$1.30B$2.13B$1.76B$-799M$262M$1.28B
CapEx $1.27B$1.28B$1.22B$989M$856M$974M$1.24B$995M$665M$424M$607M
Investing Cash Flow $-2.04B$-1.02B$-817M$-1.56B$-463M$-618M$-1.04B$-578M$-4.12B$-472M$-466M
Debt Issued ··$0$0$1.25B$500M$525M$0$3.93B$0$0
Net Debt Issued $0$-143M$-651M$0$-63M$458M$-45M$-684M$3.75B··
Stock Repurchased $384M$484M$538M$828M$434M$0$0$387M$174M$0$0
Net Stock Activity $-384M$-484M$-538M$-828M$-434M$0$0$-387M$-174M··
Dividends Paid $910M$836M$786M$726M$592M$488M$395M$315M$155M$0$0
Financing Cash Flow $-1.48B$-1.53B$-2.03B$-1.59B$-2.14B$225M$-1.53B$-4.36B$10.92B$-102M$-515M
Net Change in Cash $351M$718M$158M$-1.36B$-279M$883M$-474M$-3.31B$6.05B$-451M$42M
Taxes Paid $1.16B$1.04B$595M$498M$314M$441M$438M$424M$230M$317M$264M
Free Cash Flow $2.54B$2.05B$1.84B$899M$1.52B$330M$886M$767M$-1.46B··
Profitability 8
Metric Trend 20252024202320222021202020192018201720162015
Gross Margin ······18.6%17.4%18.6%··
Operating Margin ·11.1%9.1%5.6%6.4%-77.2%4.5%3.1%-0.62%··
Net Margin 9.3%10.7%7.6%-2.8%-1.1%-48.0%0.54%0.85%-0.42%··
Pretax Margin 10.4%11.7%10.4%0.10%2.1%-73.4%3.2%2.4%-0.99%··
EBITDA Margin 4.3%15.2%13.4%10.6%11.8%-70.8%10.4%9.6%5.8%··
ROA 6.5%7.9%5.5%-1.7%-0.60%-21.8%0.24%0.36%-0.19%··
ROE 14.5%18.5%13.1%-4.1%-1.6%-57.1%0.65%1.2%-0.50%··
ROIC ·16.8%11.2%-216.3%-6.8%-128.5%1.8%2.1%-1.0%··
Liquidity & Solvency 2
Metric Trend 20252024202320222021202020192018201720162015
Current Ratio 1.41.31.31.31.71.61.51.72.1··
Quick Ratio 0.50.50.50.50.60.50.60.71.5··
Efficiency 3
Metric Trend 20252024202320222021202020192018201720162015
Asset Turnover 0.70.70.70.60.60.50.50.40.4··
Inventory Turnover ········2.4··
Receivables Turnover 4.03.93.93.63.63.43.83.94.0··
Per Share 1
Metric Trend 20252024202320222021202020192018201720162015
EPS (TTM) $-0.77$2.98$1.91$-0.61$-0.27$-14.73$0.23$0.45$-0.24··
Growth Rates 6
Metric Trend 20252024202320222021202020192018201720162015
Revenue YoY -0.34%9.1%20.6%3.2%-0.98%······
Revenue CAGR 3Y 9.4%10.7%7.2%········
Revenue CAGR 5Y 6.0%··········
EPS YoY ·56.0%·········
Net Income YoY -13.1%53.3%·········
Dividends Paid CAGR 5Y 13.3%··········
Valuation (TTM) 6
Metric Trend 20252024202320222021202020192018201720162015
Revenue TTM $27.73B$27.83B$25.51B$21.16B$20.50B$20.70B$23.84B$22.88B$17.18B··
Net Income TTM $2.59B$2.98B$1.94B$-601M$-219M$-9.94B$128M$195M$-103M··
P/E -59.113.817.9-48.4-89.1-1.4111.447.8-131.8··
Earnings Yield -1.7%7.3%5.6%-2.1%-1.1%-70.7%0.90%2.1%-0.76%··
Payout Ratio 35.2%28.1%40.5%-120.8%-270.3%-4.9%308.6%161.5%-212.3%··
Annual Payout $910M$836M$786M$726M$592M$488M$395M$315M$155M··

Most recent period on the left · null values shown as ·

Financial Statements Income statement, balance sheet, cash flow — annual, last 5 years

16
Metric 2025-12-312024-12-312023-12-312022-12-312021-12-31
Revenue $27.73B $27.83B $25.51B $21.16B $20.50B
Operating Margin % · 11.1% 9.1% 5.6% 6.4%
Net Income $2.59B $2.98B $1.94B $-601M $-219M
Diluted EPS · $2.98 $1.91 $-0.61 $-0.27

Institutional owners (13F) 1,232 filers · $58.1B total · As of Sept. 30, 2026

17

Institutions that report holding this stock in their quarterly SEC Form 13F. Long positions only; a single filer may appear twice for separate option legs. Large offsetting put/call legs typically reflect market-making or hedged inventory, not directional conviction.

Holders 1,232
Value held $58.1B
New positions 121
Exited positions 113
Institutional activity — Q2 2026 vs prior quarter
New positions Exited positions Increased Decreased Net shares change
121 (-125 vs prior Q) 113 (+41 vs prior Q) 446 (+6 vs prior Q) 446 (+96 vs prior Q) +34.6M

Compared to Q1 2026. SEC Form 13F filings are due within 45 days of quarter-end plus a short buffer for late filers — quarters still inside that window are skipped in favor of the most recent fully-reported pair.

Institution Value Shares % of tracked 13F Type
VANGUARD GROUP INC $5,534,682,497 121,534,530 9.53% Shares
BlackRock, Inc. $5,500,959,475 99,116,387 9.48% Shares
JPMORGAN CHASE & CO $3,938,075,911 69,935,638 6.78% Shares
VANGUARD CAPITAL MANAGEMENT LLC $3,598,029,869 64,829,367 6.20% Shares
STATE STREET CORP $3,584,086,271 64,578,131 6.17% Shares
VANGUARD PORTFOLIO MANAGEMENT LLC $2,722,089,853 49,046,664 4.69% Shares
Capital World Investors $2,635,119,898 47,479,630 4.54% Shares
Invesco Ltd. $1,961,319,059 35,339,082 3.38% Shares
Dodge & Cox $1,934,423,751 34,854,482 3.33% Shares
GEODE CAPITAL MANAGEMENT, LLC $1,511,152,712 27,333,786 2.60% Shares
Capital Research Global Investors $1,222,804,135 22,032,387 2.11% Shares
NORGES BANK $1,132,004,862 20,396,484 1.95% Shares
DZ BANK AG Deutsche Zentral Genossenschafts Bank, Frankfurt am Main $984,580,756 17,740,194 1.70% Shares
MORGAN STANLEY $708,267,473 12,761,572 1.22% Shares
Amundi $641,199,218 11,553,139 1.10% Shares
DIMENSIONAL FUND ADVISORS LP $641,002,914 11,548,508 1.10% Shares
FMR LLC $626,219,044 11,283,226 1.08% Shares
Artisan Partners Limited Partnership $601,465,251 10,837,212 1.04% Shares
UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC $536,940,245 8,795,090 0.92% Shares
NORTHERN TRUST CORP $502,482,349 9,053,736 0.87% Shares
Allspring Global Investments Holdings, LLC $480,394,932 8,925,956 0.83% Shares
CHARLES SCHWAB INVESTMENT MANAGEMENT INC $478,091,542 8,614,262 0.82% Shares
FIRST TRUST ADVISORS LP $458,866,993 8,267,874 0.79% Shares
Nuveen, LLC $444,413,911 8,007,458 0.77% Shares
GOLDMAN SACHS GROUP INC $415,376,881 7,484,268 0.72% Shares
MASSACHUSETTS FINANCIAL SERVICES CO /MA/ $402,652,038 7,201,568 0.69% Shares
DEUTSCHE BANK AG\ $389,986,960 7,026,792 0.67% Shares
AMERICAN CENTURY COMPANIES INC $382,482,538 6,891,574 0.66% Shares
Bank of New York Mellon Corp $357,323,862 6,438,268 0.62% Shares
Legal & General Group Plc $331,965,661 5,981,394 0.57% Shares
VANGUARD FIDUCIARY TRUST CO $309,199,935 5,571,170 0.53% Shares
SCHRODER INVESTMENT MANAGEMENT GROUP $305,205,492 5,420,094 0.53% Shares
VICTORY CAPITAL MANAGEMENT INC $287,255,624 5,175,777 0.49% Shares
VAN ECK ASSOCIATES CORP $269,455,331 4,855,051 0.46% Shares
BANK OF AMERICA CORP /DE/ $251,665,943 4,534,521 0.43% Shares
FIL Ltd $248,017,512 4,468,784 0.43% Shares
FRANKLIN RESOURCES INC $233,232,763 4,202,392 0.40% Shares
ALLIANCEBERNSTEIN L.P. $192,727,951 3,156,887 0.33% Shares
UBS Group AG $181,394,093 3,268,362 0.31% Shares
Perpetual Ltd $177,212,722 3,193,022 0.31% Shares
SEI INVESTMENTS CO $173,456,965 3,125,346 0.30% Shares
AMERIPRISE FINANCIAL INC $171,462,147 3,092,555 0.30% Shares
Swiss National Bank $155,245,710 2,797,220 0.27% Shares
NORDEA INVESTMENT MANAGEMENT AB $152,902,798 2,726,026 0.26% Shares
Sumitomo Mitsui Trust Group, Inc. $140,183,343 2,525,826 0.24% Shares
Mitsubishi UFJ Asset Management Co., Ltd. $139,075,397 2,505,863 0.24% Shares
Connor, Clark & Lunn Investment Management Ltd. $139,003,691 2,504,571 0.24% Shares
LANSDOWNE PARTNERS (UK) LLP $138,423,218 2,494,112 0.24% Shares
BNP PARIBAS FINANCIAL MARKETS $135,744,176 2,445,841 0.23% Shares
AQR CAPITAL MANAGEMENT LLC $126,447,827 2,278,339 0.22% Shares

Show all 1,232 institutional owners →

Activists & 5%+ owners 4 positions

18

Investors who filed SEC Schedule 13D — beneficial ownership above 5% with an intent to influence the issuer (activist stakes, board campaigns, M&A). Each row shows the most recent known state of that filer's position.

Filer Filed Stake Status Purpose Filing
General Electric Company, GE Oil & Gas US Holdings I, Inc. ×16 filings May 9, 2022 · Initial filing · SEC
Sept. 10, 2019 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Dec. 1, 2017 · Initial filing · SEC
Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person, Undisclosed reporting person Aug. 8, 2017 · Initial filing Passive investment SEC

Purpose is an automated classification of the filer's own stated purpose (SEC Item 4) — not investment advice. "—" means no clear purpose was stated or the text could not be classified.

Company insiders 38 insiders · 21 officers · 14 directors

19
Insider Role Last activity Shares owned Buys 12m Sells 12m Net 12m
Lorenzo Simonelli Chairman, President and CEO June 22, 2026 M 703,444 0 4 $-54,783,457
Ahmed Farhan Moghal EVP, Chief Financial Officer June 15, 2026 S 0 0 3 $-2,566,854
Nancy Buese EVP & Chief Financial Officer Feb. 21, 2025 S 6,299 0 0 $0
Brian Worrell Chief Financial Officer March 15, 2022 F 130,419 0 0 $0
Amerino Gatti EVP, Oilfield Services & Equip Sept. 3, 2026 M 20,751 0 0 $0
Maria C Borras Chief Growth & Experience Ofcr July 1, 2026 S 20,035 0 3 $-10,483,492
Rebecca L Charlton SVP, Controller & CAO June 1, 2026 M 15,997 0 4 $-498,171
James E Apostolides Chief Infra & Performance Ofcr May 19, 2026 S 15,449 0 3 $-2,357,102
Maria Georgia Magno Chief Legal Officer March 11, 2026 S 15,555 0 2 $-1,430,876
Sreeganesh Ramaswamy EVP, Industrial & Energy Tech Sept. 23, 2025 S 40,520 0 0 $0
Regina Jones Chief Legal Officer Aug. 24, 2023 S 62,873 0 0 $0
Kurt Camilleri SVP/Controller/Chief Acctg Off May 2, 2023 S 1,000 0 0 $0
Rami Qasem EVP, Digital Solutions Nov. 11, 2022 M 32,523 0 0 $0
Neil Saunders EVP, Oilfield Equipment Nov. 8, 2022 M 54,417 0 0 $0
Michele Fiorentino EVP, Strategy & Business Dev May 18, 2022 M 11,887 0 0 $0
Roderick Christie EVP, Turbomachinery April 26, 2022 M 184,188 0 0 $0
Uwem Ukpong EVP, Regions and Alliances Jan. 31, 2022 M 58,922 0 0 $0
William D Marsh Chief Legal Officer Feb. 4, 2020 S 48,791 0 0 $0
Derek Mathieson Chief Mktg & Tech Officer Jan. 27, 2020 M 140,839 0 0 $0
Matthias L Heilmann Chief Digital Officer Feb. 12, 2019 P 4,043 0 0 $0
Belgacem Chariag Chief Global Ops Officer July 31, 2017 A 144,178 0 0 $0
Abdulaziz M Al Gudaimi Director May 19, 2026 A 5,453 0 0 $0
Shirley Ann Edwards Director May 19, 2026 A · 0 0 $0
Ilham Kadri Director May 19, 2026 A · 0 0 $0
Michael R Dumais Director May 19, 2026 A 36,807 0 0 $0
William G Beattie Director May 19, 2026 A 0 0 1 $-1,032,538
Gregory D Brenneman Director May 19, 2026 A 16,842 0 0 $0
Lynn Laverty Elsenhans Director May 22, 2024 M 88,420 0 0 $0
Nelda J Connors Director May 16, 2023 M 30,826 0 0 $0
Gregory L Ebel Director Dec. 30, 2022 M 46,439 0 0 $0
Clarence P Cazalot JR Director May 16, 2022 M 76,393 0 0 $0
James J Mulva Director Oct. 15, 2019 M 17,883 0 0 $0
Martin S Craighead Director May 10, 2019 M 514,951 0 0 $0
Larry J Nichols Director Aug. 1, 2017 A · 0 0 $0
General Electric Company 10% owner May 6, 2022 S 3,931,363 0 0 $0
Cynthia B Carroll · May 19, 2026 A 36,279 0 0 $0
Mohsen Sohi · May 19, 2026 A 10,309 0 0 $0
John G Rice · May 19, 2026 A 67,315 0 0 $0

Insiders from SEC Form 3/4/5 filings; net = open-market P/S only

ETF ownership Held by 142 ETFs

20

Weight reflects direct equity holdings (N-PORT) only; leveraged or derivative-based funds may hold additional swap exposure not shown.

Fund Weight Units As of Source
IEZ · iShares Trust 21.46% 1,366,094 SH Sept. 11, 2026 Daily
PXJ · Invesco Exchange-Traded Fund Trust 4.58% 104,847 SH Oct. 2, 2026 Daily
RSPG · Invesco Exchange-Traded Fund Trust 4.22% 462,035 SH Oct. 2, 2026 Daily
CBSE · Elevation Series Trust 2.86% 24,476 NS July 31, 2026 N-PORT
CBLS · Elevation Series Trust 2.81% 25,838 NS July 31, 2026 N-PORT
ERX · Direxion Shares ETF Trust 2.64% 101,836 NS July 31, 2026 N-PORT
VDE · VANGUARD WORLD FUND 2.41% 4,773,585 SH Aug. 19, 2026 Daily
IYE · iShares Trust 2.39% 761,582 SH Sept. 11, 2026 Daily
FENY · FIDELITY COVINGTON TRUST 2.35% 779,660 NS July 31, 2026 N-PORT
NUMV · Nushares ETF Trust 2.15% 157,661 NS July 31, 2026 N-PORT
PXI · Invesco Exchange-Traded Fund Trust 2.15% 21,872 SH Oct. 2, 2026 Daily
FGSI · First Trust Exchange-Traded Fund IV 2.11% 722 NS July 31, 2026 N-PORT
RDVI · First Trust Exchange-Traded Fund IV 1.93% 1,146,224 NS July 31, 2026 N-PORT
ASLV · ALLSPRING EXCHANGE-TRADED FUNDS TRU… 1.75% 63,196 NS July 31, 2026 N-PORT
FXN · First Trust Exchange-Traded AlphaDE… 1.66% 104,135 NS July 31, 2026 N-PORT
EIPX · First Trust Exchange-Traded Fund IV 1.65% 153,615 NS July 31, 2026 N-PORT
JDIV · J.P. Morgan Exchange-Traded Fund Tr… 1.58% 3,365 NS July 31, 2026 N-PORT
IXC · iShares Trust 1.51% 754,870 SH Sept. 11, 2026 Daily
IGE · iShares Trust 1.44% 193,789 SH Sept. 11, 2026 Daily
PWV · Invesco Exchange-Traded Fund Trust 1.37% 448,560 SH Oct. 2, 2026 Daily
NUDV · Nushares ETF Trust 1.35% 11,241 NS July 31, 2026 N-PORT
JGLO · J.P. Morgan Exchange-Traded Fund Tr… 1.32% 1,457,412 NS July 31, 2026 N-PORT
NULV · Nushares ETF Trust 1.28% 465,038 NS July 31, 2026 N-PORT
SPGP · Invesco Exchange-Traded Fund Trust 1.22% 449,236 SH Oct. 2, 2026 Daily
QNXT · iShares Trust 1.13% 5,189 SH Sept. 11, 2026 Daily
ELCV · Strategy Shares 1.09% 45,208 NS July 31, 2026 N-PORT
TEXN · iShares Trust 0.98% 3,097 SH Sept. 11, 2026 Daily
QQQE · Direxion Shares ETF Trust 0.96% 212,782 NS July 31, 2026 N-PORT
VOE · VANGUARD INDEX FUNDS 0.95% 6,372,749 SH Aug. 19, 2026 Daily
NULC · Nushares ETF Trust 0.91% 10,583 NS July 31, 2026 N-PORT
IMCG · iShares Trust 0.82% 547,812 SH Sept. 11, 2026 Daily
DFLV · Dimensional ETF Trust 0.67% 746,123 NS July 31, 2026 N-PORT
TECB · iShares Trust 0.61% 50,519 SH Sept. 11, 2026 Daily
IWS · iShares Trust 0.58% 1,483,100 SH Sept. 11, 2026 Daily
SPVM · Invesco Exchange-Traded Fund Trust 0.57% 13,582 SH Oct. 2, 2026 Daily
FTA · First Trust Exchange-Traded AlphaDE… 0.55% 126,546 NS July 31, 2026 N-PORT
SUSA · iShares Trust 0.54% 364,383 SH Sept. 11, 2026 Daily
VO · VANGUARD INDEX FUNDS 0.53% 21,499,383 SH Aug. 19, 2026 Daily
IWR · iShares Trust 0.43% 4,068,929 SH Sept. 11, 2026 Daily
IMCB · iShares Trust 0.41% 115,873 SH Sept. 11, 2026 Daily
JPME · J.P. Morgan Exchange-Traded Fund Tr… 0.39% 30,159 NS July 31, 2026 N-PORT
FEX · First Trust Exchange-Traded AlphaDE… 0.39% 101,554 NS July 31, 2026 N-PORT
HELO · J.P. Morgan Exchange-Traded Fund Tr… 0.39% 295,719 NS July 31, 2026 N-PORT
FEUS · FlexShares Trust 0.38% 6,985 NS July 31, 2026 N-PORT
EVUS · iShares Trust 0.37% 23,614 SH Sept. 11, 2026 Daily
XOEF · iShares Trust 0.33% 1,251 SH Sept. 11, 2026 Daily
DFUV · Dimensional ETF Trust 0.31% 801,117 NS July 31, 2026 N-PORT
BSCR · Invesco Exchange-Traded Self-Indexe… 0.31% 14,173,000 Oct. 2, 2026 Daily
BSCQ · Invesco Exchange-Traded Self-Indexe… 0.30% 9,466,000 Oct. 2, 2026 Daily
LGDX · Tidal Trust III 0.29% 6,781 NS July 31, 2026 N-PORT
QYLD · Global X Funds 0.28% 375,314 NS July 31, 2026 N-PORT
QYLG · Global X Funds 0.28% 7,326 NS July 31, 2026 N-PORT
PTNQ · Pacer Funds Trust 0.27% 54,253 NS July 31, 2026 N-PORT
FAB · First Trust Exchange-Traded AlphaDE… 0.27% 7,644 NS July 31, 2026 N-PORT
QQWZ · Pacer Funds Trust 0.27% 2,304 NS July 31, 2026 N-PORT
DFVX · Dimensional ETF Trust 0.27% 23,691 NS July 31, 2026 N-PORT
QCLR · Global X Funds 0.27% 148 NS July 31, 2026 N-PORT
QTR · Global X Funds 0.27% 337 NS July 31, 2026 N-PORT
QRMI · Global X Funds 0.27% 627 NS July 31, 2026 N-PORT
QSIX · Pacer Funds Trust 0.25% 766 NS July 31, 2026 N-PORT
FDMO · FIDELITY COVINGTON TRUST 0.25% 36,817 NS July 31, 2026 N-PORT
QQQM · Invesco Exchange-Traded Fund Trust … 0.23% 4,567,110 SH Oct. 2, 2026 Daily
QQQ · Invesco QQQ Trust, Series 1 0.23% 20,792,349 SH Oct. 2, 2026 Daily
VYM · VANGUARD WHITEHALL FUNDS 0.23% 3,966,662 SH Aug. 19, 2026 Daily
BSCT · Invesco Exchange-Traded Self-Indexe… 0.23% 7,064,000 Oct. 2, 2026 Daily
DFSU · Dimensional ETF Trust 0.23% 84,685 NS July 31, 2026 N-PORT
EQAL · Invesco Exchange-Traded Fund Trust … 0.22% 31,498 SH Oct. 2, 2026 Daily
VTV · VANGUARD INDEX FUNDS 0.21% 9,424,804 SH Aug. 19, 2026 Daily
IVE · iShares Trust 0.20% 1,647,691 SH Sept. 11, 2026 Daily
VOOV · VANGUARD ADMIRAL FUNDS 0.19% 228,488 SH Aug. 19, 2026 Daily
EUSA · iShares, Inc. 0.19% 60,514 SH Sept. 11, 2026 Daily
IUSV · iShares Trust 0.19% 868,043 SH Sept. 11, 2026 Daily
ILCG · iShares Trust 0.18% 96,418 SH Sept. 11, 2026 Daily
IQSU · New York Life Investments ETF Trust 0.18% 9,791 NS July 31, 2026 N-PORT
RSP · Invesco Exchange-Traded Fund Trust 0.18% 3,066,909 SH Oct. 2, 2026 Daily
SUSL · iShares Trust 0.17% 35,014 SH Sept. 11, 2026 Daily
CRBN · iShares Trust 0.17% 33,529 SH Sept. 11, 2026 Daily
SIZE · iShares Trust 0.17% 12,040 SH Sept. 11, 2026 Daily
DSI · iShares Trust 0.17% 151,628 SH Sept. 11, 2026 Daily
IWD · iShares Trust 0.16% 2,207,352 SH Sept. 11, 2026 Daily
DXUV · Dimensional ETF Trust 0.16% 14,341 NS July 31, 2026 N-PORT
VONV · VANGUARD SCOTTSDALE FUNDS 0.15% 599,365 SH Aug. 19, 2026 Daily
JPUS · J.P. Morgan Exchange-Traded Fund Tr… 0.14% 10,886 NS July 31, 2026 N-PORT
ESGU · iShares Trust 0.14% 419,152 SH Sept. 11, 2026 Daily
BSCU · Invesco Exchange-Traded Self-Indexe… 0.13% 3,730,000 Oct. 2, 2026 Daily
JFLI · J.P. Morgan Exchange-Traded Fund Tr… 0.13% 1,055 NS July 31, 2026 N-PORT
FHEQ · Fidelity Greenwood Street Trust 0.13% 20,488 NS July 31, 2026 N-PORT
DFAC · Dimensional ETF Trust 0.12% 985,574 NS July 31, 2026 N-PORT
RWL · Invesco Exchange-Traded Fund Trust … 0.12% 216,973 SH Oct. 2, 2026 Daily
PRF · Invesco Exchange-Traded Fund Trust 0.12% 213,041 SH Oct. 2, 2026 Daily
IUS · Invesco Exchange-Traded Self-Indexe… 0.12% 20,688 SH Oct. 2, 2026 Daily
DFAU · Dimensional ETF Trust 0.11% 229,487 NS July 31, 2026 N-PORT
USCL · iShares Trust 0.11% 52,439 SH Sept. 11, 2026 Daily
VFMO · VANGUARD WELLINGTON FUND 0.11% 37,865 SH Aug. 19, 2026 Daily
TOPC · iShares Trust 0.11% 607 SH Sept. 11, 2026 Daily
XVV · iShares Trust 0.10% 11,467 SH Sept. 11, 2026 Daily
QVML · Invesco Exchange-Traded Fund Trust … 0.10% 29,432 SH Oct. 2, 2026 Daily
XRMI · Global X Funds 0.10% 808 NS July 31, 2026 N-PORT
XYLG · Global X Funds 0.10% 1,030 NS July 31, 2026 N-PORT
ACVF · ETF Opportunities Trust 0.09% 2,376 NS July 31, 2026 N-PORT
CATH · Global X Funds 0.09% 20,229 NS July 31, 2026 N-PORT
CHRI · Global X Funds 0.09% 124 NS July 31, 2026 N-PORT
DCOR · Dimensional ETF Trust 0.09% 51,584 NS July 31, 2026 N-PORT
XYLD · Global X Funds 0.09% 49,782 NS July 31, 2026 N-PORT
BBUS · J.P. Morgan Exchange-Traded Fund Tr… 0.09% 136,487 NS July 31, 2026 N-PORT
PTLC · Pacer Funds Trust 0.09% 49,999 NS July 31, 2026 N-PORT
VOTE · TCW ETF Trust 0.09% 16,742 NS July 31, 2026 N-PORT
BKLC · BNY Mellon ETF Trust 0.09% 83,198 NS July 31, 2026 N-PORT
VOO · VANGUARD INDEX FUNDS 0.09% 25,771,068 SH Aug. 19, 2026 Daily
VV · VANGUARD INDEX FUNDS 0.09% 1,158,641 SH Aug. 19, 2026 Daily
IVV · iShares Trust 0.09% 12,501,670 SH Sept. 11, 2026 Daily
TOV · EA Series Trust 0.09% 4,030 NS July 31, 2026 N-PORT
XCLR · Global X Funds 0.09% 53 NS July 31, 2026 N-PORT
XTR · Global X Funds 0.09% 71 NS July 31, 2026 N-PORT
ILCB · iShares Trust 0.09% 19,147 SH Sept. 11, 2026 Daily
DFUS · Dimensional ETF Trust 0.09% 303,740 NS July 31, 2026 N-PORT
VOXP · Advisors Series Trust 0.09% 84 NS July 31, 2026 N-PORT
SPUU · Direxion Shares ETF Trust 0.09% 3,743 NS July 31, 2026 N-PORT
QDPL · Pacer Funds Trust 0.08% 23,907 NS July 31, 2026 N-PORT
PBP · Invesco Exchange-Traded Fund Trust 0.08% 5,906 SH Oct. 2, 2026 Daily
IWB · iShares Trust 0.08% 689,434 SH Sept. 11, 2026 Daily
IYY · iShares Trust 0.08% 42,697 SH Sept. 11, 2026 Daily
PBUS · Invesco Exchange-Traded Fund Trust … 0.08% 171,884 SH Oct. 2, 2026 Daily
IWV · iShares Trust 0.08% 274,954 SH Sept. 11, 2026 Daily
ITOT · iShares Trust 0.08% 1,291,593 SH Sept. 11, 2026 Daily
VTI · VANGUARD INDEX FUNDS 0.08% 31,505,294 SH Aug. 19, 2026 Daily
VONE · VANGUARD SCOTTSDALE FUNDS 0.08% 164,820 SH Aug. 19, 2026 Daily
VTHR · VANGUARD SCOTTSDALE FUNDS 0.08% 83,635 SH Aug. 19, 2026 Daily
HCMT · Direxion Shares ETF Trust 0.07% 6,907 NS July 31, 2026 N-PORT
PHDG · Invesco Actively Managed Exchange-T… 0.07% 781 SH Oct. 2, 2026 Daily
SPXL · Direxion Shares ETF Trust 0.07% 77,561 NS July 31, 2026 N-PORT
TOK · iShares Trust 0.07% 2,779 SH Sept. 11, 2026 Daily
TILT · FlexShares Trust 0.07% 24,016 NS July 31, 2026 N-PORT
PEVC · Pacer Funds Trust 0.07% 26 NS July 31, 2026 N-PORT
URTH · iShares, Inc. 0.06% 88,883 SH Sept. 11, 2026 Daily
ACWI · iShares Trust 0.06% 316,194 SH Sept. 11, 2026 Daily
GTO · Invesco Actively Managed Exchange-T… 0.05% 1,622,000 Oct. 2, 2026 Daily
VT · VANGUARD INTERNATIONAL EQUITY INDEX… 0.05% 834,343 SH Aug. 19, 2026 Daily
ROUS · Lattice Strategies Trust 0.04% 4,462 NS July 31, 2026 N-PORT
OMFL · Invesco Exchange-Traded Self-Indexe… 0.04% 29,874 SH Oct. 2, 2026 Daily
INFO · Harbor ETF Trust 0.02% 3,262 NS July 31, 2026 N-PORT
GTOS · Invesco Actively Managed Exchange-T… 0.01% 17,000 Sept. 30, 2026 Daily

BKR Analyst Consensus Bullish and bearish analyst opinions, 12-month price target, upside

21
rating · 29 analysts BUY
Median target $73.00 +27.2%
8 27.6% Strong Buy
15 51.7% Buy
5 17.2% Hold
1 3.4% Sell
0 0.0% Strong Sell

12-Month Price Target

24 analysts · 2026-10-05

Mean target $71.21 +24.1%

Now Current price $57.38
Low$51.00 Mean$71.21 High$85.00

Peer comparison (GICS sub-industry) Key metrics vs sector peers

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FY basis, prices as of each company's last fiscal year-end close.

Ticker Market Cap P/E Rev YoY Net Margin ROE Gross Margin
BKR · -59.1 -0.34% 9.3% 14.5% ·
SLB $57.38B 16.3 -1.6% 9.4% 14.3% ·
HAL $23.60B 19.4 -3.3% 5.8% 12.2% ·
NOV $5.64B 40.1 -1.4% 1.7% 2.3% 20.2%
WFRD $5.60B 13.2 -10.8% 8.8% 28.9% ·
SEI · 28.9 98.7% 4.9% 6.6% ·
KGS $3.21B 42.0 12.8% 6.2% 6.3% ·
AROC · 14.2 28.7% 21.6% 22.2% 48.6%
WHD · 55.0 -4.5% 15.4% 14.4% ·
OII · 6.9 4.6% 12.7% 39.6% 20.4%
TDW $2.50B 7.6 0.52% 24.7% 27.0% ·

Latest News Recent headlines mentioning this company

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Trading Signals Recent buy/sell signals with entry price and risk/reward ratio

25

No open signal right now — no card is filled, and that's honest.

My Metrics Your personal watchlist — selected rows from Full Fundamentals

26

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Source: SEC 10-Q filed Jul 27, 2026