BKR Competition Analysis

Baker Hughes Company Peer Comparison

Metric	Value	Ranking
Market Cap	$44.7 Billion	2/16	SLB $57.5B	BKR $44.7B	HAL $22.3B	TS $22.2B	FTI $12.8B	NOV $5.9B	CHX $5.8B	WFRD $3.9B	WHD $3.2B	VAL $2.8B	TDW $2.2B	OII $2.2B	DNOW $1.8B	XPRO $1.2B	RES $1.2B	VTOL $927.1M
Gross Margin	21%	11/16	HAL 100%	FTI 100%	VTOL 100%	VAL 100%	WHD 38%	CHX 34%	TS 32%	WFRD 32%	RES 25%	DNOW 23%	BKR 21%	SLB 21%	NOV 21%	OII 20%	XPRO 15%	TDW -86%
Profit Margin	16%	4/16	VAL 23%	TS 18%	WHD 17%	BKR 16%	SLB 12%	HAL 11%	TDW 11%	FTI 9%	CHX 9%	OII 8%	VTOL 8%	WFRD 8%	NOV 7%	XPRO 5%	RES 4%	DNOW 4%
EBITDA margin	9%	12/16	VAL 31%	WHD 28%	TDW 25%	TS 23%	HAL 17%	SLB 17%	WFRD 17%	XPRO 16%	RES 15%	OII 15%	CHX 14%	BKR 9%	NOV 9%	VTOL 8%	DNOW 1%	FTI 0%
Quarterly Revenue	$7.4 Billion	2/16	SLB $9.3B	BKR $7.4B	HAL $5.6B	TS $2.8B	FTI $2.4B	NOV $2.3B	WFRD $1.3B	CHX $912.0M	OII $713.5M	VAL $584.4M	DNOW $571.0M	XPRO $436.8M	VTOL $365.1M	TDW $345.1M	RES $335.4M	WHD $272.1M
Quarterly Earnings	$1.2 Billion	1/16	BKR $1.2B	SLB $1.1B	HAL $615.0M	TS $516.2M	FTI $224.7M	NOV $160.0M	VAL $133.7M	WFRD $112.0M	CHX $82.8M	OII $56.1M	WHD $46.7M	TDW $36.9M	VTOL $28.2M	XPRO $23.0M	DNOW $23.0M	RES $12.8M
Quarterly Free Cash Flow	$1.2 Billion	2/16	SLB $1.7B	BKR $1.2B	HAL $1.0B	NOV $473.0M	TS $310.4M	WFRD $149.0M	DNOW $119.0M	TDW $114.3M	OII $94.5M	WHD $54.5M	XPRO $53.0M	VAL $12.9M	VTOL $9.0M	FTI -$0	RES -$0	CHX -$0
Trailing 4 Quarters Revenue	$27.8 Billion	2/16	SLB $36.3B	BKR $27.8B	HAL $22.9B	TS $12.5B	FTI $9.1B	NOV $8.9B	WFRD $5.5B	CHX $3.6B	OII $2.7B	DNOW $2.4B	VAL $2.4B	XPRO $1.7B	RES $1.4B	VTOL $1.3B	TDW $1.3B	WHD $1.1B
Trailing 4 Quarters Earnings	$3.0 Billion	2/16	SLB $9.3B	BKR $7.4B	HAL $5.6B	TS $2.8B	FTI $2.4B	NOV $2.3B	WFRD $1.3B	CHX $912.0M	OII $713.5M	VAL $584.4M	DNOW $571.0M	XPRO $436.8M	VTOL $365.1M	TDW $345.1M	RES $335.4M	WHD $272.1M
Quarterly Earnings Growth	169%	4/16	VTOL 507%	FTI 324%	XPRO 285%	BKR 169%	OII 26%	CHX 7%	RES 0%	SLB -2%	TDW -2%	WHD -5%	HAL -7%	WFRD -20%	TS -54%	NOV -73%	DNOW -84%	VAL -84%
Annual Earnings Growth	49%	5/16	XPRO 227%	FTI 161%	RES 65%	TDW 55%	BKR 49%	VTOL 25%	OII 10%	CHX 3%	SLB 0%	WFRD -1%	WHD -10%	HAL -11%	TS -26%	NOV -32%	VAL -57%	DNOW -68%
Quarterly Revenue Growth	8%	6/16	VAL 21%	VTOL 16%	FTI 14%	TDW 14%	OII 9%	BKR 8%	XPRO 7%	SLB 3%	DNOW 3%	RES 0%	NOV -1%	WHD -1%	HAL -2%	WFRD -2%	CHX -3%	TS -17%
Annual Revenue Growth	4%	8/16	RES 43%	VAL 28%	XPRO 13%	TDW 12%	FTI 10%	VTOL 9%	SLB 7%	BKR 4%	OII 4%	WFRD 4%	DNOW 2%	NOV 0%	HAL -1%	WHD -1%	CHX -3%	TS -5%
Cash On Hand	$3.4 Billion	2/16	SLB $3.5B	BKR $3.4B	HAL $2.6B	NOV $1.2B	FTI $1.2B	WFRD $916.0M	TS $675.3M	CHX $507.7M	OII $497.5M	VAL $368.2M	WHD $342.8M	RES $326.0M	TDW $324.9M	DNOW $256.0M	VTOL $208.6M	XPRO $183.0M
Short Term Debt	$53.0 Million	9/16	SLB $1.1B	HAL $644.0M	TS $470.5M	FTI $277.9M	NOV $139.0M	OII $131.4M	TDW $65.4M	WFRD $61.0M	BKR $53.0M	XPRO $19.5M	VTOL $16.9M	WHD $11.1M	RES $10.6M	CHX $6.2M	DNOW -$0	VAL -$0
Long Term Debt	$6.0 Billion	3/16	SLB $11.0B	HAL $8.0B	BKR $6.0B	NOV $2.2B	WFRD $1.6B	VAL $1.1B	VTOL $812.6M	OII $720.3M	CHX $591.5M	TDW $571.7M	TS $111.8M	XPRO $62.5M	WHD $30.6M	DNOW $29.0M	RES $22.3M	FTI $0
PE	15.02	7/16	DNOW 22.41	XPRO 18.14	CHX 18.07	VTOL 17.41	WHD 17.35	FTI 15.16	BKR 15.02	OII 15.02	RES 13.35	SLB 12.89	TDW 12.40	TS 10.90	NOV 9.27	HAL 8.92	WFRD 7.76	VAL 7.52
PS	1.61	4/16	WHD 2.85	TS 1.77	TDW 1.66	BKR 1.61	CHX 1.59	SLB 1.58	FTI 1.41	VAL 1.19	HAL 0.97	RES 0.85	OII 0.83	DNOW 0.76	XPRO 0.73	WFRD 0.71	VTOL 0.69	NOV 0.66
PB	2.31	6/16	OII 3.08	WFRD 3.06	CHX 2.77	SLB 2.57	WHD 2.54	BKR 2.31	HAL 2.11	TDW 2.02	DNOW 1.59	TS 1.32	FTI 1.30	VAL 1.25	RES 1.12	VTOL 1.03	NOV 0.92	XPRO 0.83
PC	13.30	3/16	TS 32.87	SLB 16.22	BKR 13.30	CHX 11.40	FTI 11.04	WHD 9.38	HAL 8.52	VAL 7.63	DNOW 7.00	TDW 6.89	XPRO 6.80	NOV 4.79	OII 4.45	VTOL 4.44	WFRD 4.28	RES 3.70
Liabilities to Equity	0.98	6/16	WFRD 2.46	OII 2.26	HAL 1.43	VTOL 1.32	SLB 1.26	BKR 0.98	VAL 0.97	TDW 0.87	NOV 0.77	CHX 0.66	XPRO 0.56	DNOW 0.44	WHD 0.38	RES 0.29	TS 0.22	FTI 0.00
ROA	0.08	9/16	WHD 11%	WFRD 11%	HAL 10%	TS 10%	SLB 9%	FTI 9%	TDW 9%	CHX 9%	BKR 8%	VAL 8%	RES 7%	NOV 6%	OII 6%	DNOW 5%	VTOL 3%	XPRO 3%
ROE	0.15	7/16	WFRD 39%	HAL 24%	SLB 21%	OII 21%	VAL 17%	TDW 16%	BKR 15%	WHD 15%	CHX 15%	TS 12%	NOV 10%	RES 8%	DNOW 7%	VTOL 6%	XPRO 5%	FTI -100%
Current Ratio	2.02	10/16	TS 5.62	RES 4.50	WHD 3.66	DNOW 3.29	XPRO 2.77	CHX 2.52	NOV 2.30	TDW 2.15	VAL 2.03	BKR 2.02	SLB 1.84	VTOL 1.76	HAL 1.70	OII 1.45	WFRD 1.41	FTI -1.00
Quick Ratio	0.18	11/16	DNOW 22.41	XPRO 18.14	CHX 18.07	VTOL 17.41	WHD 17.35	FTI 15.16	BKR 15.02	OII 15.02	RES 13.35	SLB 12.89	TDW 12.40	TS 10.90	NOV 9.27	HAL 8.92	WFRD 7.76	VAL 7.52
Long Term Debt to Equity	0.31	9/16	WFRD} 1.26	OII} 1.01	VTOL} 0.90	HAL} 0.75	SLB} 0.52	TDW} 0.51	VAL} 0.48	NOV} 0.35	BKR} 0.31	CHX} 0.28	XPRO} 0.04	DNOW} 0.03	RES} 0.02	WHD} 0.02	TS} 0.01	FTI} -1.00
Debt to Equity	0.31	9/16	WFRD 1.26	OII 1.19	VTOL 0.92	HAL 0.82	SLB 0.57	TDW 0.57	VAL 0.48	NOV 0.37	BKR 0.31	CHX 0.29	XPRO 0.05	TS 0.04	RES 0.03	DNOW 0.03	WHD 0.03	FTI -1.00
Burn Rate	-3.63	5/16	TDW 140.66	OII 89.35	VTOL 24.61	TS -1.71	BKR -3.63	VAL -4.07	FTI -7.46	WHD -8.03	CHX -8.82	SLB -9.06	XPRO -11.69	DNOW -11.72	HAL -19.30	WFRD -28.56	NOV -34.78	RES -35.38
Cash to Cap	0.08	14/16	RES 0.27	WFRD 0.23	OII 0.22	VTOL 0.22	NOV 0.21	TDW 0.15	XPRO 0.15	DNOW 0.14	VAL 0.13	HAL 0.12	WHD 0.11	FTI 0.09	CHX 0.09	BKR 0.08	SLB 0.06	TS 0.03
CCR	1.01	10/16	DNOW 5.17	TDW 3.10	NOV 2.96	XPRO 2.30	OII 1.68	HAL 1.67	SLB 1.57	WFRD 1.33	WHD 1.17	BKR 1.01	TS 0.60	VTOL 0.32	VAL 0.10	FTI	RES	CHX
EV to EBITDA	71.27	2/16	DNOW} 260.91	BKR} 71.27	VTOL} 55.76	CHX} 46.22	SLB} 43.10	WHD} 38.18	NOV} 34.03	TS} 33.53	HAL} 30.35	TDW} 30.06	OII} 24.78	WFRD} 19.85	VAL} 19.59	RES} 18.62	XPRO} 16.30	FTI} -1.00
EV to Revenue	1.70	5/16	WHD 2.58	TDW 1.90	SLB 1.82	TS 1.76	BKR 1.70	CHX 1.62	VAL 1.49	HAL 1.23	VTOL 1.15	OII 0.97	WFRD 0.84	NOV 0.79	XPRO 0.67	DNOW 0.66	RES 0.65	FTI -1.00

Baker Hughes Company Peer Comparison

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