Baker Hughes Competitors and Similar CompaniesClear all
Baker Hughes's competitors and similar companies include Weatherford, Superior Energy Services, Nabors, NOV, TechnipFMC, SLB and Halliburton.
 Weatherford Weatherford International is a company that provides equipment and services to the oil and natural gas industries. |  Superior Energy Services Superior Energy Services is a well service company that rents drilling equipment. |  Nabors Nabors Industries is a company that owns and operates land-based drilling rig fleets and offers offshore platform rigs. |  NOV NOV (formerly known as National Oilwell Varco) is a company specializing in the design, manufacture and sale of equipment and components used in oil and gas drilling. |  TechnipFMC TechnipFMC is an energy company that provides technologies and solutions for the energy industry. |  SLB SLB (formerly known as Schlumberger) is a technology company that supplies digital solutions and technologies for the energy industry. | |||
Founding Date | Founding Date 1987 | Founding Date 1941 | Founding Date 1989 | Founding Date 1952 | Founding Date 1862 | Founding Date 1884 | Founding Date 1926 | Founding Date 1919 |
Type | Type Public | Type Public | Type Private | Type Public | Type Public | Type Public | Type Public | Type Public |
Tags | ||||||||
Locations | Locations Houston, US HQ Hydra, DZ Luanda, AO Buenos Aires, AR Comodoro Rivadavia, AR Mendoza, AR Neuquen, AR see more | Locations Houston, US HQ Buenos Aires, AR Kuala Lumpur, MY Dubai, AE Aberdeen, GB Arnaudville, US Broussard, US see more | Locations Hamilton, BM HQ Ouargla, DZ Buenos Aires, AR Neuquén, AR Calgary, CA Shanghai, CN Bogotá, CO see more | Locations Houston, US HQ Hassi Messaoud, DZ Buenos Aires, AR Adelaide, AU Wien, AT Baku, AZ Askar, BH see more | Locations Houston, US HQ Chéraga, DZ Luanda, AO Buenos Aires, AR Neuquén, AR Adelaide, AU Brisbane City, AU see more | Locations Houston, US HQ Hassi Messaoud, DZ Hydra, DZ Luanda, AO Buenos Aires, AR Jandakot, AU Perth, AU see more | ||
Employees | Employees 56,0002% decrease | Employees 16,70012% decrease | Employees 2,8791% increase | Employees 12,400 | Employees 31,6057% decrease | Employees 21,9751% increase | Employees 110,0001% decrease | Employees 48,000 |
Valuation ($) | Valuation ($) 36.7 b | Valuation ($) 5.8 b | Valuation ($) N/A | Valuation ($) 699.1 m | Valuation ($) 6 b | Valuation ($) 11.1 b | Valuation ($) 58.4 b | Valuation ($) 24.3 b |
Financial | ||||||||
Revenue (est.) | Revenue (est.) $27.7b (FY, 2025) | Revenue (est.) $4.9b (FY, 2025) | Revenue (est.) $919.4m (FY, 2023) | Revenue (est.) $3.2b (FY, 2025) | Revenue (est.) $8.7b (FY, 2025) | Revenue (est.) $9.9b (FY, 2025) | Revenue (est.) $35.7b (FY, 2025) | Revenue (est.) $22.2b (FY, 2025) |
Cost of goods | Cost of goods $21.2b (FY, 2025) | Cost of goods $3.4b (FY, 2025) | Cost of goods $474.1m (FY, 2023) | Cost of goods $1.9b (FY, 2025) | Cost of goods $7b (FY, 2025) | Cost of goods $7.8b (FY, 2025) | Cost of goods N/A | Cost of goods N/A |
Gross profit | Gross profit $6.5b (FY, 2025) | Gross profit $1.5b (FY, 2025) | Gross profit $445.3m (FY, 2023) | Gross profit $1.3b (FY, 2025) | Gross profit $1.8b (FY, 2025) | Gross profit $2.2b (FY, 2025) | Gross profit N/A | Gross profit N/A |
Net income | Net income $2.6b (FY, 2025) | Net income $457m (FY, 2025) | Net income $175m (FY, 2023) | Net income $374.4m (FY, 2025) | Net income $151m (FY, 2025) | Net income $967.1m (FY, 2025) | Net income $3.5b (FY, 2025) | Net income $1.3b (FY, 2025) |
Operating ⚠ | ||||||||
Backlog | Backlog N/A | Backlog N/A | Backlog N/A | Backlog N/A | Backlog $4b (Q1, 2024) | Backlog N/A | Backlog $5.4b (FY, 2024) | Backlog N/A |
Countries | Countries 120 (Q1, 2025) | Countries 75 (FY, 2024) | Countries N/A | Countries N/A | Countries N/A | Countries N/A | Countries 100 (FY, 2024) | Countries 70 (FY, 2024) |
Countries Covered | Countries Covered N/A | Countries Covered N/A | Countries Covered N/A | Countries Covered 20 (FY, 2019) | Countries Covered 61 (Q1, 2024) | Countries Covered N/A | Countries Covered N/A | Countries Covered N/A |
Drilling Rigs | Drilling Rigs 1.7 k (Q1, 2025) | Drilling Rigs N/A | Drilling Rigs N/A | Drilling Rigs 399 (FY, 2019) | Drilling Rigs N/A | Drilling Rigs N/A | Drilling Rigs N/A | Drilling Rigs N/A |
Drilling Rigs (International) | Drilling Rigs (International) 903 (Q1, 2025) | Drilling Rigs (International) N/A | Drilling Rigs (International) 851 (FY, 2022) | Drilling Rigs (International) N/A | Drilling Rigs (International) N/A | Drilling Rigs (International) N/A | Drilling Rigs (International) N/A | Drilling Rigs (International) N/A |
Remaining Performance Obligations | Remaining Performance Obligations $33.2b (Q1, 2025) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations $4.3b (Q1, 2024) | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A | Remaining Performance Obligations N/A |
Funding | ||||||||
Total funding raised | Total funding raised N/A | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 800m | Total funding raised N/A | Total funding raised N/A | Total funding raised $ 2.2m | Total funding raised $ 2.5b |
For sources of this data, please see the company profile
View Company Profiles
Weatherford
HQ
Houston, US
Employees
16,700↓ 12% decrease
Weatherford International is a company that provides equipment and services to the oil and natural gas industries.
View companySuperior Energy Services
HQ
Houston, US
Employees
2,879↑ 1% increase
Superior Energy Services is a well service company that rents drilling equipment.
View companyNabors
HQ
Hamilton, BM
Employees
12,400
Nabors Industries is a company that owns and operates land-based drilling rig fleets and offers offshore platform rigs.
View companyNOV
HQ
Houston, US
Employees
31,605↓ 7% decrease
NOV (formerly known as National Oilwell Varco) is a company specializing in the design, manufacture and sale of equipment and components used in oil and gas drilling.
View company