Baker Hughes Co (BKR)
Return on total capital
| Dec 31, 2025 | Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | ||
|---|---|---|---|---|---|---|
| Earnings before interest and tax (EBIT) | US$ in thousands | 3,099,000 | 3,463,000 | 2,317,000 | 274,000 | 727,000 |
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 21,606,000 | 16,895,000 | 15,368,000 | 14,394,000 | 14,830,000 |
| Return on total capital | 14.34% | 20.50% | 15.08% | 1.90% | 4.90% |
December 31, 2025 calculation
Return on total capital = EBIT ÷ (Long-term debt + Total stockholders’ equity)
= $3,099,000K ÷ ($—K + $21,606,000K)
= 14.34%
Peer comparison
Dec 31, 2025
Company name
Symbol
Return on total capital
Baker Hughes Co
BKR
14.34%
Halliburton Company
HAL
20.86%
Liberty Oilfield Services Inc
LBRT
—
Schlumberger NV
SLB
20.05%
TechnipFMC PLC
FTI
33.27%