BKR vs. EQNR: Baker Hughes vs. Equinor Stock Comparison
How do Baker Hughes (BKR) and Equinor (EQNR) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Baker Hughes (BKR) and Equinor (EQNR) both fall under the Energy industry group, but BKR is classified in Energy Equipment & Services while EQNR is classified in Oil, Gas & Consumable Fuels.
Baker Hughes (BKR) trades as ordinary local shares, while Equinor (EQNR) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | BKR | EQNR |
|---|---|---|
| Name | Baker Hughes Company | Equinor ASA Sponsored ADR |
| Country/Region | United States | Norway |
| GICS Sector | Energy | Energy |
| GICS Industry Group | Energy | Energy |
| GICS Industry | Energy Equipment & Services | Oil, Gas & Consumable Fuels |
| GICS Sub-Industry | Oil & Gas Equipment & Services | Integrated Oil & Gas |
| Market Capitalization | 47.54 billion USD | 99.39 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 6, 1987 | June 18, 2001 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Total Return (1Y) | 3.17% | 78.03% |
| Total Return (3Y, Annualized) | 15.12% | 17.56% |
| Total Return (5Y, Annualized) | 16.57% | 17.66% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Volatility (1Y, Annualized) | 35.34% | 40.50% |
| Beta (5Y) | 1.10 | 0.18 |
| Max Drawdown (5Y) | -46.53% | -34.57% |
| Avg. Volume (3M) | 7.67M | 3.77M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Sharpe Ratio (1Y) | -0.03 | 1.82 |
| Sortino Ratio (1Y) | -0.04 | 2.76 |
Profitability
ROE (TTM)
Equinor (EQNR) at 27.57% sits in the top ROE quartile, while Baker Hughes (BKR) at 15.06% is closer to the peer norm — stronger capital efficiency for EQNR.
BKR
Energy industry group
15.06%
- Max
- 53.85%
- Q3
- 24.79%
- BKR
- 15.06%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
EQNR
Energy industry group
27.57%
- Max
- 53.85%
- EQNR
- 27.57%
- Q3
- 24.79%
- Median
- 12.85%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
Both Baker Hughes (BKR) at 10.08% and Equinor (EQNR) at 9.79% keep about the typical share of revenue as profit for their industries — neither bottom line stands out from peers.
BKR
Energy industry group
10.08%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- BKR
- 10.08%
- Q1
- 0.07%
- Min
- -27.38%
EQNR
Energy industry group
9.79%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- EQNR
- 9.79%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
Equinor (EQNR) at 37.00% operates in the top operating margin quartile, ahead of Baker Hughes (BKR) at 11.29%, which runs around its industry’s norm.
BKR
Energy industry group
11.29%
- Max
- 71.31%
- Q3
- 33.75%
- Median
- 18.73%
- BKR
- 11.29%
- Q1
- 6.94%
- Min
- -24.52%
EQNR
Energy industry group
37.00%
- Max
- 71.31%
- EQNR
- 37.00%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | BKR | EQNR |
|---|---|---|
| ROE (TTM) | 15.06% | 27.57% |
| ROA (TTM) | 4.46% | 17.10% |
| Net Margin (TTM) | 10.08% | 9.79% |
| Operating Margin (TTM) | 11.29% | 37.00% |
| Gross Margin (TTM) | 23.70% | 43.18% |
Growth
Revenue Growth
Both Baker Hughes (BKR) at -0.35% and Equinor (EQNR) at 3.24% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Both Baker Hughes (BKR) at -12.75% and Equinor (EQNR) at -37.62% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.
Growth Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Revenue Growth (YoY) | -0.35% | 3.24% |
| Revenue Growth (3Y CAGR) | 9.44% | -10.78% |
| EPS Growth (YoY) | -12.75% | -37.62% |
| EPS Growth (3Y CAGR) | -- | -40.11% |
Financial Strength
Current Ratio (MRQ)
Both Baker Hughes (BKR) at 1.24 and Equinor (EQNR) at 1.18 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
BKR
Energy industry group
1.24
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- BKR
- 1.24
- Q1
- 0.88
- Min
- 0.24
EQNR
Energy industry group
1.18
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- EQNR
- 1.18
- Q1
- 0.88
- Min
- 0.24
Debt / Equity (MRQ)
Both Baker Hughes (BKR) at 0.89 and Equinor (EQNR) at 0.66 fund their balance sheets with roughly industry-typical debt-to-equity mixes.
BKR
Energy industry group
0.89
- Max
- 1.75
- Q3
- 0.93
- BKR
- 0.89
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
EQNR
Energy industry group
0.66
- Max
- 1.75
- Q3
- 0.93
- EQNR
- 0.66
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Current Ratio (MRQ) | 1.24 | 1.18 |
| Debt / Equity (MRQ) | 0.89 | 0.66 |
| Net Debt / EBITDA | 2.57 | 0.12 |
Dividends
Dividend Yield (TTM)
Equinor (EQNR) at 3.67% delivers top-quartile income for its industry, while Baker Hughes (BKR) at 1.99% pays a more typical yield — both are credible income propositions, EQNR the richer one.
BKR
Energy industry group
1.99%
- Max
- 8.57%
- Q3
- 3.58%
- BKR
- 1.99%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
3.67%
- Max
- 8.57%
- EQNR
- 3.67%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Both Baker Hughes (BKR) at 31.62% and Equinor (EQNR) at 31.54% keep payout ratio within their industries’ typical mid-ranges — dividend policies that share earnings without consuming too much of them.
BKR
Energy industry group
31.62%
- Max
- 133.24%
- Q3
- 53.31%
- BKR
- 31.62%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
EQNR
Energy industry group
31.54%
- Max
- 133.24%
- Q3
- 53.31%
- EQNR
- 31.54%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BKR | EQNR |
|---|---|---|
| Dividend Yield (TTM) | 1.99% | 3.67% |
| Dividend Payout Ratio (TTM) | 31.62% | 31.54% |
Valuation
P/E Ratio (TTM)
Both Baker Hughes (BKR) at 16.45 and Equinor (EQNR) at 8.71 land around their industries’ usual P/E ratio levels — neither is getting a clear earnings-multiple discount or premium versus peers.
BKR
Energy industry group
16.45
- Max
- 39.54
- Q3
- 21.72
- BKR
- 16.45
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
EQNR
Energy industry group
8.71
- Max
- 39.54
- Q3
- 21.72
- Median
- 12.19
- EQNR
- 8.71
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Equinor (EQNR) at 0.82 sits in the cheaper P/S ratio quartile while Baker Hughes (BKR) at 1.65 prices around its industry’s middle — EQNR costs less per dollar of sales, though read it alongside growth and margins.
BKR
Energy industry group
1.65
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- BKR
- 1.65
- Q1
- 0.88
- Min
- 0.00
EQNR
Energy industry group
0.82
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- EQNR
- 0.82
- Min
- 0.00
P/B Ratio (MRQ)
Baker Hughes (BKR) at 2.36 sits near its industry’s typical P/B ratio, while Equinor (EQNR) at 4.44 prices above its benchmark range — EQNR looks rich relative to book.
BKR
Energy industry group
2.36
- Max
- 4.21
- Q3
- 2.38
- BKR
- 2.36
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
EQNR
Energy industry group
4.44
- EQNR
- 4.44
- Max
- 4.21
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | BKR | EQNR |
|---|---|---|
| P/E Ratio (TTM) | 16.45 | 8.71 |
| P/S Ratio (TTM) | 1.65 | 0.82 |
| P/B Ratio (MRQ) | 2.36 | 4.44 |
| Free Cash Flow Yield (TTM) | 10.69% | 32.55% |