Baker Hughes Co
Baker Hughes Co returns on capital
Annual and trailing 12-month returns on invested capital, equity and assets.
ROIC
% · Annual / TTM
Cash and cash equivalents is unavailable in the extracted statements for this period.
ROCE
% · Annual / TTM
ROIIC
% · Annual / TTM
Cash and cash equivalents is unavailable in the extracted statements for this period.
ROE
% · Annual / TTM
ROA
% · Annual / TTM
ROIC − WACC
Percentage points · Scenario
Cash and cash equivalents is unavailable in the extracted statements for this period.
Quarterly data
| Fiscal period | Ended | ROIC% | ROCE% | ROIIC% | ROE% | ROA% | ROIC − WACCPercentage points |
|---|---|---|---|---|---|---|---|
| FY 2026 Q2 | Jun 30, 2026 | — | — | — | 16.47% | 6.78% | — |
| FY 2026 Q1 | Mar 31, 2026 | — | — | — | 17.14% | 7% | — |
| FY 2025 Q4 | Dec 31, 2025 | — | — | — | 14.49% | 6.53% | — |
| FY 2025 Q3 | Sep 30, 2025 | — | — | — | 16.83% | 7.53% | — |
| FY 2025 Q2 | Jun 30, 2025 | — | — | — | 18.32% | 8.09% | — |
| FY 2025 Q1 | Mar 31, 2025 | — | — | — | 18.04% | 7.78% | — |
| FY 2024 Q4 | Dec 31, 2024 | — | 12.49% | — | 18.47% | 7.91% | — |
| FY 2024 Q3 | Sep 30, 2024 | — | 12.62% | — | 14.25% | 6.05% | — |
| FY 2024 Q2 | Jun 30, 2024 | — | 11.92% | — | 12.98% | 5.48% | — |
| FY 2024 Q1 | Mar 31, 2024 | — | 10.69% | — | 12.11% | 5.05% | — |
| FY 2023 Q4 | Dec 31, 2023 | — | 9.85% | — | 13.06% | 5.46% | — |
| FY 2023 Q3 | Sep 30, 2023 | — | 9.79% | — | 11.47% | 4.84% | — |
| FY 2023 Q2 | Jun 30, 2023 | — | 7.82% | — | 7.67% | 3.3% | — |
| FY 2023 Q1 | Mar 31, 2023 | — | 5.46% | — | -0.64% | -0.28% | — |
| FY 2022 Q4 | Dec 31, 2022 | — | 4.81% | — | -4.11% | -1.73% | — |
| FY 2022 Q3 | Sep 30, 2022 | — | 4.38% | — | -3.47% | -1.42% | — |
| FY 2022 Q2 | Jun 30, 2022 | — | 4.71% | — | -3.24% | -1.32% | — |
| FY 2022 Q1 | Mar 31, 2022 | — | 5.4% | — | 2.12% | 0.85% | — |
| FY 2021 Q4 | Dec 31, 2021 | — | 4.86% | — | -1.58% | -0.6% | — |
| FY 2021 Q3 | Sep 30, 2021 | — | 3.46% | — | 1.09% | 0.38% | — |
| FY 2021 Q2 | Jun 30, 2021 | — | 1.82% | — | -0.3% | -0.1% | — |
| FY 2021 Q1 | Mar 31, 2021 | — | 0.91% | — | -1.4% | -0.46% | — |
| FY 2020 Q4 | Dec 31, 2020 | — | -44.92% | — | -57.09% | -21.76% | — |
| FY 2020 Q3 | Sep 30, 2020 | — | -45.28% | — | -62.96% | -23.44% | — |
| FY 2020 Q2 | Jun 30, 2020 | — | -43.93% | — | -71.96% | -22.8% | — |
| FY 2020 Q1 | Mar 31, 2020 | — | -42.61% | — | -69.8% | -22.39% | — |
| FY 2019 Q4 | Dec 31, 2019 | — | 2.48% | — | 0.65% | 0.24% | — |
| FY 2019 Q3 | Sep 30, 2019 | — | 2.55% | — | 1.18% | 0.4% | — |
| FY 2019 Q2 | Jun 30, 2019 | — | 2.5% | — | 1.07% | 0.31% | — |
| FY 2019 Q1 | Mar 31, 2019 | — | 2.02% | — | 0.99% | 0.29% | — |
| FY 2018 Q4 | Dec 31, 2018 | — | 1.53% | — | 1.21% | 0.36% | — |
| FY 2018 Q3 | Sep 30, 2018 | — | 0.5% | — | 0.65% | 0.17% | — |
| FY 2018 Q2 | Jun 30, 2018 | — | — | — | -0.33% | -0.09% | — |
| FY 2018 Q1 | Mar 31, 2018 | — | — | — | — | — | — |
| FY 2017 Q4 | Dec 31, 2017 | — | — | — | — | — | — |
| FY 2017 Q3 | Sep 30, 2017 | — | — | — | — | — | — |
| FY 2017 Q2 | Jun 30, 2017 | — | — | — | — | — | — |
Sources and calculations
Financial inputs from company filings. Last checked Oct 18, 2026. A dash means missing inputs or an undefined calculation.
Period changes use the preceding fiscal quarter or year. Percentage changes divide by the absolute prior value; a zero or missing baseline has no percentage change. Percentage metrics show changes in percentage points.
Quarterly returns use trailing 12-month earnings and period-end balances averaged with the same fiscal quarter one year earlier. NOPAT uses the reported effective tax rate only when pretax profit is positive and the rate is between 0 and 100%. WACC starts at 7.7%, rounded from the US nonfinancial market · generic proxy benchmark in NYU Stern · January 2026. It is an editable US sector proxy applied across history, not a company estimate; foreign reporting currencies also need a currency-specific assessment.
Market prices: Yahoo Finance · BKR, USD. Latest completed close Sep 25, 2026. Price data retrieved Sep 28, 2026.
- ROIC
- NOPAT / average invested capital × 100. NOPAT = operating income × (1 − effective tax rate). Invested capital = equity including noncontrolling interests + debt − cash and equivalents. Average uses period end and one year earlier.
- ROCE
- Operating income / average (assets − current liabilities) × 100, using period end and one year earlier.
- ROIIC
- Year-over-year change in annual/TTM NOPAT / positive year-over-year change in invested capital × 100. Capital reductions and missing inputs yield unavailable values.
- ROE
- Earnings attributable to owners / average equity attributable to owners × 100, using period end and one year earlier.
- ROA
- Net income / average total assets × 100, using period end and one year earlier.
- ROIC − WACC
- ROIC less your WACC assumption, in percentage points. The same scenario rate is applied across history; it is not a reported or historical company WACC.