Company Information


State: TX 
Zip Code: 77073 
Telephone: 713-439-8600 

Description of Business

Primary SIC Code: 3533
(As filed with the SEC)  

Baker Hughes, a GE company (the Company, BHGE, we, us, or our), a Delaware corporation, was formed on October 28, 2016, for the purpose of facilitating the combination of Baker Hughes Incorporated, a Delaware corporation (Baker Hughes), and the oil and gas business (GE O&G) of General Electric Company (GE). On July 3, 2017, we closed our business combination (the Transactions) to combine GE O&G and Baker Hughes creating a fullstream oilfield technology provider that has a unique mix of integrated equipment and service capabilities (refer to "Note 2. Business Acquisition" of the Notes to the Consolidated and Combined Financial Statements in Item 8 herein for further details on the Transactions). As a result of the Transactions, the Company became the holding company of the combined businesses of Baker Hughes and GE O&G.  ... More ...  

Per Share Overview

Date 12-mos Rolling EPS Dividend P/E Ratio

Key Financial Ratios and Statistics

FYE: 12/31

Profitability 2017 Leverage 2017
Net Inc/Comm Equity-0.02Total Liab/Total Assets0.74
Net Inc/Total Assets0.00Total Liab/Inv Cap0.92
Net Inc/Inv Cap-0.01Total Liab/Comm Equity2.73
Pretax Inc/Net Sales-0.01Interest Coverage Ratio-0.22
Net Inc/Net Sales-0.01Curr Debt/Equity0.14
Cash Flow/Net Sales-0.05LTD/Equity0.43
SG&A/NetSales0.15Total Debt/Equity0.57
Asset Utilization   Liquidity  
Net Receivables Turnover4.02Quick Ratio1.56
Inventory Turnover3.60Current Ratio2.08
Inventory Day Sales0.01Net Rec/Curr Assets0.33
Net Sales/Work Cap1.80Inv/Curr Assets0.25
Net Sales/PP&E2.48  

Income Statement (Millions)

Total Revenues(Net Sales) 5,763.00
Cost of Goods Sold 4,887.00
Selling & Admin Exps 785.00
Operating Income -92.00
Interest Exp 56.00
Pretax Income -135.00
Other Income 13.00
Net Income Bef Extraordinary ... NA
Net Income -82.00

Balance Sheet (Millions)

Assets 12/31/2017
Cash & Short Term Investments 7,023.00
Receivables - Total 6,014.00
Inventories - Total 4,590.00
Total Current Assets 18,499.00
Net Property, Plant & Equipment 6,959.00
Total Assets 57,050.00
Accounts Payable 3,377.00
Debt in Current Liabilities 2,037.00
Total Current Liabilities 8,897.00
Long-Term Debt 6,312.00
Total Liabilities 42,341.00
Stockholder's Equity  
Minority Interest 24,464.00
Preferred Stock NA
Common Stock 0.00
Retained Earnings -73.00
Treasury Stock NA
Total Stockholders' Equity 14,709.00
Total Liabilities and Stockholders' Equity 57,050.00

Cash Flow Summary (Millions)

Categories 12/31/2017
Net Cash Provided by Operating Activities -214.00
Net Cash Provided by Investing Activities -251.00
Net Cash Provided by Financing Activities 2,707.00

Annual Summary Data (Millions)

Year Sales Net Income EPS
Growth Rates30.07----

Stock Ownership

Type Date(Q,M) No. Owners Shares Held (000s) % Own

Report Date : 3/19/2018

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