Baker Hughes Co Class A

BKR: XNAS (USA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Baker Earnings: Stellar Order Book and Backlog in the Industrial Segment Drive Our FVE Increase

Joshua Aguilar

Apr 24, 2026

Baker Hughes had a strong first quarter, reporting consolidated EBITDA of $1,158 million, up 12% year over year. Most important was the strong order book in its industrial and energy technology, or IET, segment, which rose 54% year on year, and drove a record backlog of $33.1 billion.

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United States

Baker Hughes Co Class A

Baker Earnings: Stellar Order Book and Backlog in the Industrial Segment Drive Our FVE Increase

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