BKR vs. HAL: Baker Hughes vs. Halliburton Stock Comparison

November 11, 2026

How do Baker Hughes (BKR) and Halliburton (HAL) 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 Halliburton (HAL) are both classified in the Oil & Gas Equipment & Services sub-industry within the broader Energy Equipment & Services industry, placing them in the closest GICS peer bucket.

Company profile comparison for Baker Hughes (BKR) and Halliburton (HAL)
Profile Item	BKR	HAL
Name	Baker Hughes Company	Halliburton Company
Country/Region	United States	United States
GICS Sector	Energy	Energy
GICS Industry Group	Energy	Energy
GICS Industry	Energy Equipment & Services	Energy Equipment & Services
GICS Sub-Industry	Oil & Gas Equipment & Services	Oil & Gas Equipment & Services
Market Capitalization	47.54 billion USD	26.34 billion USD
Currency	USD	USD
Exchange	Nasdaq	NYSE
Listing Date	April 6, 1987	June 1, 1972
Security Type	Common Stock	Common Stock

Price Performance

Cumulative Growth

BKR

HAL

GSPC

Baker Hughes (BKR) vs. Halliburton (HAL), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for Baker Hughes (BKR) and Halliburton (HAL). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for Baker Hughes (BKR) and Halliburton (HAL). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Total Return (1Y)	3.17%	18.66%
Total Return (3Y, Annualized)	15.12%	-3.16%
Total Return (5Y, Annualized)	16.57%	7.11%

Risk Profile

Drawdown History

BKR

HAL

GSPC

Baker Hughes (BKR) vs. Halliburton (HAL), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for Baker Hughes (BKR) and Halliburton (HAL). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Volatility (1Y, Annualized)	35.34%	33.27%
Beta (5Y)	1.10	0.77
Max Drawdown (5Y)	-46.53%	-54.01%
Avg. Volume (3M)	7.67M	10.27M

Risk-Adjusted Performance

Risk-Return Positioning

BKR and HAL are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Sharpe Ratio (1Y)	-0.03	0.43
Sortino Ratio (1Y)	-0.04	0.64

Profitability

ROE (TTM)

Both Baker Hughes (BKR) at 15.06% and Halliburton (HAL) at 18.78% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BKR

Energy industry group

15.06%

Max: 53.85%
Q3: 24.79%
BKR: 15.06%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

HAL

Energy industry group

18.78%

Max: 53.85%
Q3: 24.79%
HAL: 18.78%
Median: 12.85%
Q1: 2.03%
Min: -29.09%

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their ROE against the Energy industry group benchmark.

Net Margin (TTM)

Both Baker Hughes (BKR) at 10.08% and Halliburton (HAL) at 8.90% 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%

HAL

Energy industry group

8.90%

Max: 56.92%
Q3: 22.92%
Median: 10.10%
HAL: 8.90%
Q1: 0.07%
Min: -27.38%

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their net margin against the Energy industry group benchmark.

Operating Margin (TTM)

Both Baker Hughes (BKR) at 11.29% and Halliburton (HAL) at 12.43% run core operations about as efficiently as their industries’ norm — neither stands out on operating profitability.

BKR

Energy industry group

11.29%

Max: 71.31%
Q3: 33.75%
Median: 18.73%
BKR: 11.29%
Q1: 6.94%
Min: -24.52%

HAL

Energy industry group

12.43%

Max: 71.31%
Q3: 33.75%
Median: 18.73%
HAL: 12.43%
Q1: 6.94%
Min: -24.52%

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their operating margin against the Energy industry group benchmark.

Profitability Metrics

Profitability metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
ROE (TTM)	15.06%	18.78%
ROA (TTM)	4.46%	7.23%
Net Margin (TTM)	10.08%	8.90%
Operating Margin (TTM)	11.29%	12.43%
Gross Margin (TTM)	23.70%	14.83%

Growth

Revenue Growth

Both Baker Hughes (BKR) at -0.35% and Halliburton (HAL) at -3.31% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their Revenue Growth across different time periods.

EPS Growth

Both Baker Hughes (BKR) at -12.75% and Halliburton (HAL) at -47.00% land near their industries' usual EPS growth ranges, so bottom-line momentum looks broadly in line with peers on both sides.

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Revenue Growth (YoY)	-0.35%	-3.31%
Revenue Growth (3Y CAGR)	9.44%	3.01%
EPS Growth (YoY)	-12.75%	-47.00%
EPS Growth (3Y CAGR)	--	-4.83%

Financial Strength

Current Ratio (MRQ)

Both Baker Hughes (BKR) at 1.24 and Halliburton (HAL) at 2.02 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

HAL

Energy industry group

2.02

Max: 3.64
Q3: 2.21
HAL: 2.02
Median: 1.41
Q1: 0.88
Min: 0.24

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their current ratio against the Energy industry group benchmark.

Debt / Equity (MRQ)

Both Baker Hughes (BKR) at 0.89 and Halliburton (HAL) at 0.73 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

HAL

Energy industry group

0.73

Max: 1.75
Q3: 0.93
HAL: 0.73
Median: 0.54
Q1: 0.30
Min: 0.00

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their debt-to-equity ratio against the Energy industry group benchmark.

Financial Strength Metrics

Financial strength metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Current Ratio (MRQ)	1.24	2.02
Debt / Equity (MRQ)	0.89	0.73
Net Debt / EBITDA	2.57	1.54

Dividends

Dividend Yield (TTM)

Both Baker Hughes (BKR) at 1.99% and Halliburton (HAL) at 2.13% pay solid, industry-typical yields, sitting squarely within their peers’ usual range.

BKR

Energy industry group

1.99%

Max: 8.57%
Q3: 3.58%
BKR: 1.99%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

HAL

Energy industry group

2.13%

Max: 8.57%
Q3: 3.58%
HAL: 2.13%
Median: 1.71%
Q1: 0.00%
Min: 0.00%

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their dividend yield against the Energy industry group benchmark.

Dividend Payout Ratio (TTM)

Both Baker Hughes (BKR) at 31.62% and Halliburton (HAL) at 28.57% 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%

HAL

Energy industry group

28.57%

Max: 133.24%
Q3: 53.31%
HAL: 28.57%
Median: 25.24%
Q1: 0.00%
Min: 0.00%

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their payout ratio against the Energy industry group benchmark.

Dividend Metrics

Dividend metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
Dividend Yield (TTM)	1.99%	2.13%
Dividend Payout Ratio (TTM)	31.62%	28.57%

Valuation

P/E Ratio (TTM)

Both Baker Hughes (BKR) at 16.45 and Halliburton (HAL) at 13.38 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

HAL

Energy industry group

13.38

Max: 39.54
Q3: 21.72
HAL: 13.38
Median: 12.19
Q1: 7.71
Min: 2.99

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their P/E ratio against the Energy industry group benchmark.

P/S Ratio (TTM)

On P/S ratio, both Baker Hughes (BKR) at 1.65 and Halliburton (HAL) at 1.17 are priced roughly in line with their industries — neither looks cheap nor rich on a sales basis.

BKR

Energy industry group

1.65

Max: 5.40
Q3: 2.85
Median: 1.69
BKR: 1.65
Q1: 0.88
Min: 0.00

HAL

Energy industry group

1.17

Max: 5.40
Q3: 2.85
Median: 1.69
HAL: 1.17
Q1: 0.88
Min: 0.00

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their P/S ratio against the Energy industry group benchmark.

P/B Ratio (MRQ)

On P/B ratio, both Baker Hughes (BKR) at 2.36 and Halliburton (HAL) at 2.37 are valued close to their industries’ norm against book — neither stands out from peers.

BKR

Energy industry group

2.36

Max: 4.21
Q3: 2.38
BKR: 2.36
Median: 1.51
Q1: 1.08
Min: 0.01

HAL

Energy industry group

2.37

Max: 4.21
Q3: 2.38
HAL: 2.37
Median: 1.51
Q1: 1.08
Min: 0.01

Baker Hughes (BKR) vs. Halliburton (HAL): A comparison of their P/B ratio against the Energy industry group benchmark.

Valuation Metrics

Valuation metrics for Baker Hughes (BKR) and Halliburton (HAL)
Metric	BKR	HAL
P/E Ratio (TTM)	16.45	13.38
P/S Ratio (TTM)	1.65	1.17
P/B Ratio (MRQ)	2.36	2.37
Free Cash Flow Yield (TTM)	10.69%	6.20%