Baker Hughes vs TechnipFMC
Baker Hughes reported revenue of $27.7 billion in fiscal 2025, 2.8 times TechnipFMC's $9.9 billion in fiscal 2025. Baker Hughes' revenue fell 0.3% in its latest year, and TechnipFMC's grew 9.3%. Free cash flow was $2.5 billion at Baker Hughes and $1.4 billion at TechnipFMC.
Side by side
| Baker Hughes | TechnipFMC | |
|---|---|---|
| Latest fiscal year | FY2025, Dec 31, 2025 | FY2025, Dec 31, 2025 |
| Revenue | $27.7B | $9.9B |
| Revenue growth | −0.3% | 9.3% |
| Revenue growth a year, last 5 years | 6.0% | 8.7% |
| Gross margin | — | — |
| Operating margin | — | 14.5% |
| Net margin | 9.3% | 9.7% |
| Free cash flow | $2.5B | $1.4B |
| Free cash flow margin | 9.2% | 14.6% |
| Return on capital | 14.1% | 37.2% |
| Net debt to EBITDA | 0.5x | −0.3x |
| Dividends and buybacks | $1.3B | $1.0B |
| Change in diluted share count | — | −4.7% |
| Last close | $56.01 | $70.41 |
| P/E at the last close | — | 24.4× |
| Insider trades, last 12 months | sold $73.2 million | bought $499,971, sold $77.6 million |
| Piotroski F-score | — | 8 of 8 |
Amounts in each company's own currency, US$ unless marked (a foreign company may report in another), each company's latest fiscal year from its 10-K, or 20-F or 40-F for a foreign company. Growth rates compare with the year before; the five-year rate is the average a year. Free cash flow is cash from operations minus capital spending; return on capital is after-tax operating income over the money invested in the business; P/E is the last close over the latest earnings per share. Banks are measured differently (return on equity, efficiency ratio), so some rows apply to one company only.
Ten years
Revenue
US$ billions, fiscal years
Baker HughesTechnipFMC
Operating margin
Percent of revenue
Baker HughesTechnipFMC
Free cash flow
US$ billions. Cash from operations minus capital expenditure.
Baker HughesTechnipFMC
Source: the companies' Form 10-K filings, from SEC EDGAR, and the last close. For information only, not investment advice: the figures describe results, not which company is the better investment. The Filing Desk is not affiliated with either company. Full figures on the Baker Hughes and TechnipFMC pages.