BKRBaker Hughes

$57.13+27% 1Y

RyuScore

Seven criteria, each scored 0 to 100 on a published scale, weighted into one number.

RyuScore 36 out of 100, Below average
Today's price. Only valuation depends on it.

Below average. Baker Hughes scores higher than 27% of the 1,794 companies Ryufin scores.

Carried by valuation and the balance sheet, held back by return on capital and return on new capital.

Energy median 63 · all companies 57

Valuation

26% of the score

67median 56

Baker Hughes is valued at 19x its operating profit, including debt: an ordinary multiple.

60x
50x
35x
25x
18x
12x
8x
19x
Full points at 8x or less, none from 60xfull points

Return on capital

18% of the score

0median 34

Over 7 years the business earned -4.3% a year after tax on the capital it uses.

2%
8%
15%
25%
-4.3%
None at 2% or less, full points from 25%full points
Return on capital by year
7 years agolatest 13%

Return on new capital

16% of the score

0median 49

No operating profit over the period, so nothing was earned to reinvest.

Capital allocation

14% of the score

40median 64

How management spends the money: shares bought back or issued, and whether assets grow faster than the business they serve.

Share countUp 12.4% a year over 5 years: new shares
0
5%
-3%
12%
0 pointsfull points
Assets against salesAssets grew 1.5% a year, sales 6%
100
12%
-2%
-4.5%
0 pointsfull points

Cycle position

12% of the score

0median 62

Today's operating margin of 11% is 2.12x its normal 5.3%: near a peak, where margins tend to fall back. Normal is half the 9 year median, half the last four years, so a margin that has held is not taken for a peak.

2x
1.5x
1x
0.7x
2.1x
A trough earns points, a peak costs themfull points
Operating margin by year, against its normal level
10 years agonow 11%

Balance sheet

8% of the score

100median 50

What the debt weighs against the profit that has to carry it.

Net debt to EBITDA0.1x a year of EBITDA
100
4.5x
0.5x
0.1x
0 pointsfull points

Earnings quality

6% of the score

88median 90

Whether the reported profit arrives as cash, and whether the accounts show the usual signs of stretching.

Cash against profitOperating cash flow was 1.36x profit over 3 years
100
0.7x
1x
1.3x
1.4x
0 pointsfull points
AccrualsCash ran ahead of profit by 3.1% of assets
75
8%
0%
-8%
-3.1%
0 pointsfull points

How the RyuScore works

Each criterion earns 0 to 100 points on the scale drawn under it, and the RyuScore is their average weighted 26, 18, 16, 14, 12, 8 and 6. Scales bend in the company's favour between their ends, so an ordinary figure is never already near zero. Where a criterion cannot be measured from the filings it is taken out and the remaining weights scale up; a company needs 60% of the weight covered, and always a price, to get a score.

Built from the company's annual and quarterly filings with the SEC and today's share price. Banks, insurers and property trusts are not scored: their debt is their raw material, so these yardsticks mean something else there. Figures as of 2026-06-30, latest annual report FY2025.