CluenexBaker Hughes BKR
Baker Hughes scores average on business quality (4.8 of 10). Here is why, in plain words, and what our sealed record shows.
Why it matters
- What Baker Hughes does
Baker Hughes provides oilfield equipment, services, and digital solutions to energy producers globally, generating $27.7 billion in revenue from extracting and processing hydrocarbons. The business is navigating shifting rig counts by leaning into its industrial energy technology segment while supporting traditional oilfield operations.
- What it does best
Baker Hughes delivers superior gross margins of 23.7% compared to Halliburton's 11.6%, showing pricing power in specialized oilfield equipment. This edge relies on proprietary technology and deep customer integration that take years to replicate.
- The main risk
Falling energy prices and a declining US rig count threaten equipment demand, risking volume declines in the core oilfield services lines that anchor cash flows.
Quality, check by check
Scored against its own industry, from company filings.
Operating margins stand at 13.0% with net margins at 11.2%, remaining relatively stable as cost controls hold the line against flat revenue.
The company holds a modest moat built on proprietary energy equipment, sitting in the middle of the pack for sector gross margins at the 26th percentile.
Revenue slipped -0.3% to $27.7 billion, marking a slowdown from prior years as the top line stalls near historical levels.
With total debt of $6.1 billion offset by $5.0 billion in cash, the balance sheet remains manageable while free_cash_flow reached $3.1 billion, pointing to solid cash generation getting stronger.
Insiders
Executives and directors, from SEC Form 4 filings we read ourselves. Open market trades only; grants, option exercises and pre-planned sales left out.
No open market buys or unplanned sales by executives or directors.
Our sealed record on BKR
Verdicts appear here 30 days after we publish them; members see today's. Each one is in the nightly ledger, fingerprinted the night it was made.
The first sealed verdicts appear here on Oct 11, 2026.
Questions
Baker Hughes scores average on the Cluenex quality check (4.8 of 10), measured against its own industry. Profitability is weak, moat weak, growth slow and financial health strong.
In the last 90 days of SEC Form 4 filings: No open market buys or unplanned sales by executives or directors.
Oct 21, 2026, after the close.
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Cite this page: Cluenex, “Baker Hughes (BKR)”, https://cluenex.com/stocks/bkr/, data as of Oct 10, 2026.