← Baker Hughes Co

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
ASSETS
Current assets:
All other current assets $633.0m $872.0m $659.0m $949.0m $2.3b $1.6b $1.6b $1.5b $1.8b $3.5b
Cash and Cash Equivalents, at Carrying Value $981.0m $7.0b — — — — — — — —
Cash and cash equivalents — $7.0b $3.7b $3.2b $4.1b $3.9b $2.5b $2.6b $3.4b $3.7b
Inventories, net $3.2b $4.6b $4.6b $4.6b $4.4b $4.0b $4.6b $5.1b $5.0b $5.0b
Inventory, Net $3.2b $4.6b $4.6b $4.6b $4.4b $4.0b $4.6b $5.1b $5.0b $5.0b
Assets, Current $7.4b $18.5b $15.0b $15.2b $16.5b $15.1b $14.6b $16.3b $17.2b $18.8b
Total current assets $7.4b $18.5b $15.0b $15.2b $16.5b $15.1b $14.6b $16.3b $17.2b $18.8b
Property, plant and equipment, less accumulated depreciation $2.3b $7.0b $6.2b $6.2b $5.4b $4.9b $4.5b $4.9b $5.1b $5.3b
Property, Plant and Equipment, Net $2.3b $7.0b $6.2b $6.2b $5.4b $4.9b $4.5b $4.9b $5.1b $5.3b
Goodwill $6.7b $19.9b $20.7b $20.7b $6.0b $6.0b $5.9b $6.1b $6.1b $6.1b
Intangible Assets, Net (Excluding Goodwill) $2.4b $6.4b $5.7b $5.4b $4.4b $4.1b $4.2b $4.1b $4.0b $4.1b
Other intangible assets, net $2.4b $6.4b $5.7b $5.4b $4.4b $4.1b $4.2b $4.1b $4.0b $4.1b
All other assets $573.0m $2.1b $1.8b $3.0b $2.9b $2.9b $2.8b $3.0b $3.0b $3.0b
Operating Lease, Right-of-Use Asset — — — — $802.0m $822.0m $757.0m $769.0m $678.0m $622.0m
Other Assets, Noncurrent $573.0m $2.1b $1.8b $3.0b $2.9b $2.9b $2.8b $3.0b $3.0b $3.0b
Additional Financial Items
All other current liabilities $1.2b $2.1b $2.3b $2.6b $2.4b $2.1b $2.3b $2.8b $2.7b $2.7b
All other liabilities $495.0m $972.0m $960.0m $1.4b $1.4b $1.5b $1.4b $1.4b $1.3b $1.4b
Baker Hughes Company equity $14.7b $14.7b $17.5b $21.9b $12.9b $14.8b $14.4b $15.4b $16.9b $18.8b
Capital in excess of par value $0 $15.5b $18.7b $23.6b $24.6b $27.4b $28.1b $27.0b $25.9b $24.7b
Contract and other deferred assets $2.0b $2.7b $1.9b $1.9b $2.0b $1.6b $1.5b $1.8b $1.7b $1.6b
Current receivables, net $2.6b $6.0b $6.0b $6.4b $5.6b $5.7b $6.0b $7.1b $7.1b $6.6b
Deferred income tax assets $326.0m $482.0m $1.1b $954.0m $953.0m $735.0m $657.0m $722.0m $1.3b $2.0b
Progress collections and deferred income — $1.8b $1.8b $2.9b $3.5b $3.2b $3.8b $5.5b $5.7b $5.9b
Retained loss $0 ($73.0m) $25.0m $0 ($9.9b) ($10.2b) ($10.8b) ($8.8b) ($5.8b) ($3.3b)
Total equity $14.9b $39.2b $35.0b $34.5b $18.2b $16.7b $14.5b $15.5b $17.1b $19.0b
Assets $21.7b $57.0b $52.4b $53.4b $38.0b $35.3b $34.2b $36.9b $38.4b $40.9b
Total assets $21.7b $57.0b $52.4b $53.4b $38.0b $35.3b $34.2b $36.9b $38.4b $40.9b
LIABILITIES AND EQUITY
Current liabilities:
Accounts Payable, Current $1.9b $3.4b $4.0b $4.3b $3.5b $3.7b $4.3b $4.5b $4.5b $4.6b
Operating Lease, Liability, Current — — — $201.0m $218.0m $196.0m $189.0m $220.0m $198.0m $173.0m
Operating Lease, Liability, Noncurrent — — — $641.0m $591.0m $624.0m $552.0m $549.0m $475.0m $442.0m
Short-term and current portion of long-term debt $239.0m $2.0b $942.0m $321.0m $889.0m $40.0m $677.0m $148.0m $53.0m $689.0m
Liabilities, Current $4.9b $8.9b $9.0b $10.0b $10.2b $9.1b $11.1b $13.0b $13.0b $13.9b
Total current liabilities $4.9b $8.9b $9.0b $10.0b $10.2b $9.1b $11.1b $13.0b $13.0b $13.9b
Deferred Income Tax Liabilities, Net — $490.0m $143.0m $51.0m $186.0m $127.0m $229.0m $176.0m $83.0m $84.0m
Deferred income tax liabilities — $490.0m $143.0m $51.0m $186.0m $127.0m $229.0m $176.0m $83.0m $84.0m
Liabilities for pensions and other postretirement benefits $519.0m $1.2b $1.0b $1.1b $1.2b $1.1b $960.0m $978.0m $988.0m $1.1b
Long-term debt $38.0m $6.3b $6.3b $6.3b $6.7b $6.7b $6.0b $5.9b $6.0b $5.4b
Other Liabilities, Noncurrent $495.0m $972.0m $960.0m $1.4b $1.4b $1.5b $1.4b $1.4b $1.3b $1.4b
Deferred Tax Liabilities, Net $556.0m $42.0m $143.0m $51.0m $186.0m $127.0m $229.0m $176.0m $83.0m $84.0m
Stockholders’ equity:
Accumulated Other Comprehensive Income (Loss), Net of Tax ($1.9b) ($701.0m) ($1.2b) ($1.6b) ($1.8b) ($2.4b) ($3.0b) ($2.8b) ($3.2b) ($2.7b)
Accumulated other comprehensive loss ($1.9b) ($701.0m) ($1.2b) ($1.6b) ($1.8b) ($2.4b) ($3.0b) ($2.8b) ($3.2b) ($2.7b)
Additional Paid in Capital, Common Stock $0 $15.5b $18.7b $23.6b $24.6b $27.4b $28.1b $27.0b $25.9b $24.7b
Class A common stock, $0.0001 par value - 2,000 authorized, 987 and 990 issued and outstanding as of December 31, 2025 and 2024, respectively $0 $0 $0 $0 $0 $0 $0 $0 $0 $0
Retained Earnings (Accumulated Deficit) $0 ($73.0m) $25.0m $0 ($9.9b) ($10.2b) ($10.8b) ($8.8b) ($5.8b) ($3.3b)
Stockholders' Equity Attributable to Parent $14.7b $14.7b $17.5b $21.9b $12.9b $14.8b $14.4b $15.4b $16.9b $18.8b
Noncontrolling interests $167.0m $24.5b $17.5b $12.6b $5.3b $1.9b $131.0m $151.0m $160.0m $176.0m
Stockholders' Equity Attributable to Noncontrolling Interest $167.0m $24.5b $17.5b $12.6b $5.3b $1.9b $131.0m $151.0m $160.0m $176.0m
Liabilities and Equity $21.7b $57.0b $52.4b $53.4b $38.0b $35.3b $34.2b $36.9b $38.4b $40.9b
Total liabilities and equity $21.7b $57.0b $52.4b $53.4b $38.0b $35.3b $34.2b $36.9b $38.4b $40.9b

Data sourced from SEC EDGAR 10-K filings via EdgarTools. Amounts are shown in USD as reported in each fiscal year filing.

Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.