Baker Hughes
Financials
Estimates*
USD | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 |
---|---|---|---|---|---|---|---|
Revenues | 20.7b | 20.5b | 21.2b | 25.5b | 28.0b | 29.2b | 30.5b |
% growth | (13 %) | (1 %) | 3 % | 21 % | 10 % | 4 % | 4 % |
EBITDA | 3.2b | 2.1b | 2.0b | 4.3b | 4.5b | 5.1b | 5.5b |
% EBITDA margin | 15 % | 10 % | 10 % | 17 % | 16 % | 17 % | 18 % |
Profit | (9.9b) | (219m) | (601m) | 1.9b | 2.3b | 2.6b | 3.0b |
% profit margin | (48 %) | (1 %) | (3 %) | 8 % | 8 % | 9 % | 10 % |
EV / revenue | 0.9x | 1.2x | 1.6x | 1.5x | 1.4x | 1.3x | 1.2x |
EV / EBITDA | 5.7x | 11.3x | 16.5x | 8.8x | 8.3x | 7.3x | 6.4x |
Source: Dealroom estimates
Date | Investors | Amount | Round |
---|---|---|---|
N/A | N/A | IPO | |
N/A | Acquisition | ||
Total Funding | - |
Recent News about Baker Hughes
EditBaker Hughes is a prominent player in the energy technology sector, offering a comprehensive range of services and products designed to enhance the performance and sustainability of businesses primarily in the oil and gas industry. The company operates globally, serving a diverse clientele that includes major oil and gas producers, independent operators, and national oil companies.
Baker Hughes specializes in providing advanced technology solutions and consultancy services that help clients optimize their operations, improve safety, and reduce environmental impact. Their offerings include machine asset management, health monitoring solutions, and a robust training program. The training services are particularly noteworthy, featuring a blend of e-learning and classroom training designed to maximize knowledge transfer and improve workforce competency.
The company’s business model revolves around delivering high-value technology and consultancy services. They generate revenue through the sale of their technology solutions, consultancy fees, and training services. Baker Hughes also emphasizes sustainability, integrating environmental, social, and governance (ESG) principles into their operations. This commitment not only helps mitigate risks but also opens up new opportunities for growth and profitability.
Baker Hughes' sustainability strategy is a cornerstone of their broader commercial strategy, aiming to position the company as a leader in the transition to cleaner energy. They have implemented several initiatives to reduce their carbon footprint, such as upgrading facilities to be more energy-efficient and promoting diversity, equity, and inclusion within their workforce.
In summary, Baker Hughes is a forward-thinking energy technology company that combines cutting-edge technology, expert consultancy, and a strong commitment to sustainability to serve the evolving needs of the oil and gas industry.
Keywords: Energy Technology, Oil and Gas, Consultancy, Sustainability, Training, Machine Management, Health Monitoring, E-Learning, Environmental Practices, Workforce Development.