BKR vs. TRP: Baker Hughes vs. TC Energy Stock Comparison
How do Baker Hughes (BKR) and TC Energy (TRP) 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 TC Energy (TRP) both fall under the Energy industry group, but BKR is classified in Energy Equipment & Services while TRP is classified in Oil, Gas & Consumable Fuels.
| Profile Item | BKR | TRP |
|---|---|---|
| Name | Baker Hughes Company | TC Energy Corporation |
| Country/Region | United States | Canada |
| 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 | Oil & Gas Storage & Transportation |
| Market Capitalization | 47.54 billion USD | 64.51 billion USD |
| Currency | USD | USD |
| Exchange | Nasdaq | NYSE |
| Listing Date | April 6, 1987 | September 20, 1982 |
| Security Type | Common Stock | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | BKR | TRP |
|---|---|---|
| Total Return (1Y) | 3.17% | 24.67% |
| Total Return (3Y, Annualized) | 15.12% | 26.02% |
| Total Return (5Y, Annualized) | 16.57% | 9.85% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | BKR | TRP |
|---|---|---|
| Volatility (1Y, Annualized) | 35.34% | 19.39% |
| Beta (5Y) | 1.10 | 0.64 |
| Max Drawdown (5Y) | -46.53% | -38.98% |
| Avg. Volume (3M) | 7.67M | 2.56M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | BKR | TRP |
|---|---|---|
| Sharpe Ratio (1Y) | -0.03 | 1.05 |
| Sortino Ratio (1Y) | -0.04 | 1.61 |
Profitability
ROE (TTM)
Both Baker Hughes (BKR) at 15.06% and TC Energy (TRP) at 12.15% 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%
TRP
Energy industry group
12.15%
- Max
- 53.85%
- Q3
- 24.79%
- Median
- 12.85%
- TRP
- 12.15%
- Q1
- 2.03%
- Min
- -29.09%
Net Margin (TTM)
TC Energy (TRP) at 25.05% retains a top-quartile share of revenue as profit, ahead of Baker Hughes (BKR) at 10.08%, which keeps about the industry-typical share.
BKR
Energy industry group
10.08%
- Max
- 56.92%
- Q3
- 22.92%
- Median
- 10.10%
- BKR
- 10.08%
- Q1
- 0.07%
- Min
- -27.38%
TRP
Energy industry group
25.05%
- Max
- 56.92%
- TRP
- 25.05%
- Q3
- 22.92%
- Median
- 10.10%
- Q1
- 0.07%
- Min
- -27.38%
Operating Margin (TTM)
TC Energy (TRP) at 41.66% 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%
TRP
Energy industry group
41.66%
- Max
- 71.31%
- TRP
- 41.66%
- Q3
- 33.75%
- Median
- 18.73%
- Q1
- 6.94%
- Min
- -24.52%
Profitability Metrics
| Metric | BKR | TRP |
|---|---|---|
| ROE (TTM) | 15.06% | 12.15% |
| ROA (TTM) | 4.46% | 3.70% |
| Net Margin (TTM) | 10.08% | 25.05% |
| Operating Margin (TTM) | 11.29% | 41.66% |
| Gross Margin (TTM) | 23.70% | 70.07% |
Growth
Revenue Growth
Both Baker Hughes (BKR) at -0.35% and TC Energy (TRP) at 10.66% 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 TC Energy (TRP) at -26.19% 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 | TRP |
|---|---|---|
| Revenue Growth (YoY) | -0.35% | 10.66% |
| Revenue Growth (3Y CAGR) | 9.44% | 7.38% |
| EPS Growth (YoY) | -12.75% | -26.19% |
| EPS Growth (3Y CAGR) | -- | 72.24% |
Financial Strength
Current Ratio (MRQ)
Baker Hughes (BKR) at 1.24 keeps current ratio within its industry’s typical mid-range, while TC Energy (TRP) at 0.57 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for TRP.
BKR
Energy industry group
1.24
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- BKR
- 1.24
- Q1
- 0.88
- Min
- 0.24
TRP
Energy industry group
0.57
- Max
- 3.64
- Q3
- 2.21
- Median
- 1.41
- Q1
- 0.88
- TRP
- 0.57
- Min
- 0.24
Debt / Equity (MRQ)
Baker Hughes (BKR) at 0.89 carries an industry-typical debt-to-equity mix, while TC Energy (TRP) at 1.68 uses more debt funding than most peers.
BKR
Energy industry group
0.89
- Max
- 1.75
- Q3
- 0.93
- BKR
- 0.89
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
TRP
Energy industry group
1.68
- Max
- 1.75
- TRP
- 1.68
- Q3
- 0.93
- Median
- 0.54
- Q1
- 0.30
- Min
- 0.00
Financial Strength Metrics
| Metric | BKR | TRP |
|---|---|---|
| Current Ratio (MRQ) | 1.24 | 0.57 |
| Debt / Equity (MRQ) | 0.89 | 1.68 |
| Net Debt / EBITDA | 2.57 | 6.08 |
Dividends
Dividend Yield (TTM)
TC Energy (TRP) at 5.57% delivers top-quartile income for its industry, while Baker Hughes (BKR) at 1.99% pays a more typical yield — both are credible income propositions, TRP 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%
TRP
Energy industry group
5.57%
- Max
- 8.57%
- TRP
- 5.57%
- Q3
- 3.58%
- Median
- 1.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Baker Hughes (BKR) at 31.62% pays out a band-typical share of earnings, while TC Energy (TRP) at 93.87% distributes more than its industry norm — less retained, thinner cover.
BKR
Energy industry group
31.62%
- Max
- 133.24%
- Q3
- 53.31%
- BKR
- 31.62%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
TRP
Energy industry group
93.87%
- Max
- 133.24%
- TRP
- 93.87%
- Q3
- 53.31%
- Median
- 25.24%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | BKR | TRP |
|---|---|---|
| Dividend Yield (TTM) | 1.99% | 5.57% |
| Dividend Payout Ratio (TTM) | 31.62% | 93.87% |
Valuation
P/E Ratio (TTM)
Baker Hughes (BKR) at 16.45 is near its industry’s usual P/E ratio, while TC Energy (TRP) at 23.19 sits in the richer quartile — TRP needs stronger growth or earnings quality to justify the premium.
BKR
Energy industry group
16.45
- Max
- 39.54
- Q3
- 21.72
- BKR
- 16.45
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
TRP
Energy industry group
23.19
- Max
- 39.54
- TRP
- 23.19
- Q3
- 21.72
- Median
- 12.19
- Q1
- 7.71
- Min
- 2.99
P/S Ratio (TTM)
Baker Hughes (BKR) at 1.65 is priced about in line with its industry on P/S ratio, while TC Energy (TRP) at 4.03 sits in the pricier quartile — TRP costs more per dollar of sales.
BKR
Energy industry group
1.65
- Max
- 5.40
- Q3
- 2.85
- Median
- 1.69
- BKR
- 1.65
- Q1
- 0.88
- Min
- 0.00
TRP
Energy industry group
4.03
- Max
- 5.40
- TRP
- 4.03
- Q3
- 2.85
- Median
- 1.69
- Q1
- 0.88
- Min
- 0.00
P/B Ratio (MRQ)
Baker Hughes (BKR) at 2.36 is valued about in line with its industry on P/B ratio, while TC Energy (TRP) at 3.54 carries an above-peer premium to book — TRP is pricier on assets.
BKR
Energy industry group
2.36
- Max
- 4.21
- Q3
- 2.38
- BKR
- 2.36
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
TRP
Energy industry group
3.54
- Max
- 4.21
- TRP
- 3.54
- Q3
- 2.38
- Median
- 1.51
- Q1
- 1.08
- Min
- 0.01
Valuation Metrics
| Metric | BKR | TRP |
|---|---|---|
| P/E Ratio (TTM) | 16.45 | 23.19 |
| P/S Ratio (TTM) | 1.65 | 4.03 |
| P/B Ratio (MRQ) | 2.36 | 3.54 |
| Free Cash Flow Yield (TTM) | 10.69% | 0.77% |