Baker Hughes Company

NasdaqGS:BKR Stock Report

Market Cap: US$40.4b

Baker Hughes Management

Management criteria checks 1/4

Baker Hughes' CEO is Lorenzo Simonelli, appointed in Jul 2017, has a tenure of 7.42 years. total yearly compensation is $21.68M, comprised of 7.3% salary and 92.7% bonuses, including company stock and options. directly owns 0.051% of the company’s shares, worth $20.48M. The average tenure of the management team and the board of directors is 1.9 years and 6 years respectively.

Key information

Lorenzo Simonelli

Chief executive officer

US$21.7m

Total compensation

CEO salary percentage7.3%
CEO tenure7.4yrs
CEO ownership0.05%
Management average tenure1.9yrs
Board average tenure6yrs

Recent management updates

Recent updates

We Ran A Stock Scan For Earnings Growth And Baker Hughes (NASDAQ:BKR) Passed With Ease

Dec 25
We Ran A Stock Scan For Earnings Growth And Baker Hughes (NASDAQ:BKR) Passed With Ease

Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly

Dec 09
Baker Hughes (NASDAQ:BKR) Seems To Use Debt Quite Sensibly

Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Nov 08
Estimating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Baker Hughes Q3 Results: Decent Performance, But I Am Cautious For Now

Oct 23

Returns On Capital Are Showing Encouraging Signs At Baker Hughes (NASDAQ:BKR)

Oct 17
Returns On Capital Are Showing Encouraging Signs At Baker Hughes (NASDAQ:BKR)

Investors Aren't Entirely Convinced By Baker Hughes Company's (NASDAQ:BKR) Earnings

Oct 02
Investors Aren't Entirely Convinced By Baker Hughes Company's (NASDAQ:BKR) Earnings

Here's Why We Think Baker Hughes (NASDAQ:BKR) Is Well Worth Watching

Sep 17
Here's Why We Think Baker Hughes (NASDAQ:BKR) Is Well Worth Watching

We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt

Sep 02
We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt

A Look At The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Jul 29
A Look At The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Baker Hughes: Slowing LNG Activity A Risk Ahead Of Q2 Results (Rating Downgrade)

Jul 09

There's Been No Shortage Of Growth Recently For Baker Hughes' (NASDAQ:BKR) Returns On Capital

Jun 19
There's Been No Shortage Of Growth Recently For Baker Hughes' (NASDAQ:BKR) Returns On Capital

Market Participants Recognise Baker Hughes Company's (NASDAQ:BKR) Revenues

Jun 01
Market Participants Recognise Baker Hughes Company's (NASDAQ:BKR) Revenues

These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well

May 14
These 4 Measures Indicate That Baker Hughes (NASDAQ:BKR) Is Using Debt Reasonably Well

Baker Hughes Should Realize Major Tailwinds Throughout The Energy Transition

Apr 26

Calculating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Apr 22
Calculating The Fair Value Of Baker Hughes Company (NASDAQ:BKR)

Baker Hughes (NASDAQ:BKR) Is Experiencing Growth In Returns On Capital

Mar 17
Baker Hughes (NASDAQ:BKR) Is Experiencing Growth In Returns On Capital

Baker Hughes Could Be This Year's Turnaround Play

Mar 06

Baker Hughes Company (NASDAQ:BKR) Investors Are Less Pessimistic Than Expected

Feb 28
Baker Hughes Company (NASDAQ:BKR) Investors Are Less Pessimistic Than Expected

Baker Hughes Company (NASDAQ:BKR) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Feb 08
Baker Hughes Company (NASDAQ:BKR) Just Reported Yearly Earnings: Have Analysts Changed Their Mind On The Stock?

Baker Hughes' (NASDAQ:BKR) Earnings Are Weaker Than They Seem

Jan 30
Baker Hughes' (NASDAQ:BKR) Earnings Are Weaker Than They Seem

Baker Hughes: Q4 Earnings, Attractive Despite LNG Uncertainty

Jan 27

Baker Hughes: LNG Winner

Jan 18

We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt

Jan 06
We Think Baker Hughes (NASDAQ:BKR) Can Stay On Top Of Its Debt

What to expect from Baker Hughes Q3 earnings?

Oct 18

Baker Hughes: Big Aqua And The Carbon Capture Rodeo

Aug 18

CEO Compensation Analysis

How has Lorenzo Simonelli's remuneration changed compared to Baker Hughes's earnings?
DateTotal CompensationSalaryCompany Earnings
Sep 30 2024n/an/a

US$2b

Jun 30 2024n/an/a

US$2b

Mar 31 2024n/an/a

US$2b

Dec 31 2023US$22mUS$2m

US$2b

Sep 30 2023n/an/a

US$2b

Jun 30 2023n/an/a

US$1b

Mar 31 2023n/an/a

-US$97m

Dec 31 2022US$16mUS$2m

-US$601m

Sep 30 2022n/an/a

-US$490m

Jun 30 2022n/an/a

-US$466m

Mar 31 2022n/an/a

US$305m

Dec 31 2021US$16mUS$1m

-US$219m

Sep 30 2021n/an/a

US$140m

Jun 30 2021n/an/a

-US$38m

Mar 31 2021n/an/a

-US$165m

Dec 31 2020US$15mUS$1m

-US$10b

Sep 30 2020n/an/a

-US$11b

Jun 30 2020n/an/a

-US$10b

Mar 31 2020n/an/a

-US$10b

Dec 31 2019US$15mUS$1m

US$128m

Sep 30 2019n/an/a

US$211m

Jun 30 2019n/an/a

US$167m

Mar 31 2019n/an/a

US$157m

Dec 31 2018US$16mUS$1m

US$195m

Sep 30 2018n/an/a

US$95m

Jun 30 2018n/an/a

-US$52m

Mar 31 2018n/an/a

-US$33m

Dec 31 2017US$13mUS$700k

-US$103m

Compensation vs Market: Lorenzo's total compensation ($USD21.68M) is above average for companies of similar size in the US market ($USD12.84M).

Compensation vs Earnings: Lorenzo's compensation has increased by more than 20% in the past year.

CEO

Lorenzo Simonelli (51 yo)

7.4yrs

Tenure

US$21,680,736

Compensation

Mr. Lorenzo Simonelli has been Senior Non-Executive Director at Iveco Group N.V. since March 2022. He serves as Independent Non-Executive Director of Iveco Group N.V. since January 01, 2022. He has been th...

Leadership Team

NamePositionTenureCompensationOwnership
Lorenzo Simonelli
Chairman7.4yrsUS$21.68m0.051%
$ 20.5m
Nancy Buese
Chief Financial Officer2.1yrsUS$6.04m0.0061%
$ 2.5m
Maria Borras
Chief Growth & Experience Officerno dataUS$6.93m0.0093%
$ 3.8m
James Apostolides
Senior Vice President of Enterprise Operational Excellence2.2yrsUS$2.28m0.0015%
$ 613.5k
Ganesh Ramaswamy
Executive Vice President of Industrial & Energy Technology1.9yrsUS$9.21m0.00097%
$ 391.5k
Rebecca Charlton
Senior VP1.5yrsno data0.00089%
$ 359.2k
Jeff Fleece
Chief Information Officer2.9yrsno datano data
Chase Mulvehill
Vice President of Investor Relationsno datano datano data
Georgia Magno
Chief Legal Officerless than a yearno data0.00083%
$ 335.0k
Muzzamil Ahmed
Chief People & Culture Officerless than a yearno datano data
Chris Barkey
Chief Technology Officer of Industrial & Energy Technologyno datano datano data
Amerino Gatti
Executive Vice President of Oilfield Services & Equipmentless than a yearno datano data

1.9yrs

Average Tenure

52yo

Average Age

Experienced Management: BKR's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.

Board Members

NamePositionTenureCompensationOwnership
Lorenzo Simonelli
Chairman7.4yrsUS$21.68m0.051%
$ 20.5m
Gregory Brenneman
Independent Director7.4yrsUS$378.18k0.0017%
$ 686.2k
John Rice
Independent Director7.4yrsUS$352.69k0.0068%
$ 2.7m
Cynthia Blum Carroll
Independent Director4.6yrsUS$333.50k0.0037%
$ 1.5m
Mohsen Sohi
Independent Director1.9yrsUS$305.62k0%
$ 0
William Beattie
Lead Independent Director7.4yrsUS$401.00k0.0018%
$ 722.5k
Michael Dumais
Independent Director2.9yrsUS$326.33k0.0037%
$ 1.5m
Lynn Elsenhans
Independent Director7.4yrsUS$335.61k0.0089%
$ 3.6m
Abdulaziz Al-Gudaimi
Independent Directorless than a yearno data0.00055%
$ 222.0k
Shirley Edwards
Directorless than a yearno datano data

6.0yrs

Average Tenure

63.5yo

Average Age

Experienced Board: BKR's board of directors are considered experienced (6 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/26 22:46
End of Day Share Price 2024/12/26 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Baker Hughes Company is covered by 56 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
William SeleskyArgus Research Company
Waqar SyedATB Capital Markets
Finbarr MacCarthyAtlantic Equities LLP