Baker Hughes Co

Baker Hughes maintains a liquidity position with a cash and equivalents balance of $3.72 billion and a debt-to-equity ratio of 0.32, indicating a relatively conservative capital structure. The company's price-to-book ratio of 3.68 and price-to-tangible-book ratio of 3.68 suggest a premium valuation relative to its book value. The enterprise value to EBITDA ratio of 22.14 and enterprise value to revenue ratio of 2.58 reflect a moderate valuation compared to industry peers [doc:HA-latest]. Profitability metrics show a return on equity of 13.74% and a return on assets of 6.33%, which are above the industry median for energy equipment and services firms. The gross profit margin of 23.67% (calculated as $6.57 billion gross profit / $27.73 billion revenue) and operating margin of 11.66% (calculated as $3.24 billion operating income / $27.73 billion revenue) indicate strong operational efficiency. These metrics align with the industry_config's preferred focus on margin sustainability and asset productivity [doc:HA-latest]. The company's revenue is split between two segments: Oilfield Services & Equipment and Industrial & Energy Technology. The geographic exposure is not explicitly detailed in the input data, but the company's global operations suggest a diversified footprint. The revenue concentration by segment is not disclosed, but the dual-segment structure implies a balanced risk profile [doc:HA-latest]. The outlook for the current fiscal year shows a revenue trajectory supported by ongoing energy demand and capital expenditure in the oil and gas sector. The company's free cash flow of $1.63 billion and operating cash flow of $3.81 billion indicate strong cash generation capabilities. The capital expenditure of -$1.27 billion (negative due to the nature of the field) suggests a focus on cost management and asset optimization [doc:HA-latest]. Risk factors include medium liquidity risk due to negative net cash after subtracting total debt. The dilution risk is assessed as low, with no significant dilution potential identified in the basic shares outstanding. The company's risk assessment highlights the need to monitor liquidity and debt management strategies [doc:HA-latest]. Recent events include analyst estimates with a mean price target of $64.60 and a median price target of $67.00. The mean recommendation of 1.91 (on a scale from 1 to 5) indicates a generally positive outlook from analysts, with 6 strong-buy ratings and 13 buy ratings [doc:HA-latest].