Baker Hughes vs Schlumberger
Schlumberger is the larger business, with $35.71bn of revenue in fiscal 2025 against $27.73bn for Baker Hughes (1.3 times as much). Baker Hughes grew faster (-0.3% against -1.6%). Schlumberger kept more of each dollar of sales as profit: a net margin of 9.4% against 9.3%.
| Latest fiscal year | Baker HughesBKR, 2025 | SchlumbergerSLB, 2025 |
|---|---|---|
| Revenue | $27.73bn | $35.71bn |
| Revenue growth | -0.3% | -1.6% |
| Net income | $2.59bn | $3.37bn |
| Operating margin | — | — |
| Net margin | 9.3% | 9.4% |
| Return on equity | 14.5% | 14.3% |
| Free cash flow | $2.54bn | $4.79bn |
| Cash | $3.71bn | — |
| Total debt | $6.09bn | $9.74bn |
| Debt to equity | — | 37.3% |
| Dividend per share | — | — |
| Dividend yield | 1.7% | 2.2% |
| Share buybacks | $384m | $2.41bn |
| Employees | 56,000 | 109,000 |
| Market value | $52.82bn | $77.23bn |
| Price vs our value range | Above our value range | Within our value range |
| Moat score | 18 (Weak) | 57 (Moderate) |
| Insider trades, 12 months | 0 buys, 20 sales | 0 buys, 26 sales |