Direct Answer
SEC EDGAR classifies Baker Hughes under SIC code 3533 (Oil & Gas Field Machinery & Equipment). Among Swoopr's S&P 500 Equal Weight companies, 7 others share that classification; by latest reported revenue, Baker Hughes ranks 1 of 8. A filing classification is a starting point: a company's real competitors depend on its segments, which its 10-K describes.
How Does Baker Hughes Compare With Its Peers?
| Company | Revenue (latest FY) | Revenue growth | Operating margin | Net margin |
|---|---|---|---|---|
| Baker Hughes (BKR) | $27.7 billion FY2025 | -0.3% | n/a | 9.3% |
| NOV Inc. (NOV) | $8.7 billion FY2025 | -1.4% | 5.6% | 1.7% |
| Weatherford International plc (WFRD) | $4.9 billion FY2025 | -10.8% | 15.4% | 8.8% |
| Forum Energy Technologies Inc. (FET) | $791 million FY2025 | -3.1% | 3.8% | -1.2% |
| Flowco Holdings Inc. (FLOC) | $760 million FY2025 | 41.9% | 19.6% | 5.4% |
| Oil States International Inc. (OIS) | $669 million FY2025 | -3.4% | -14.6% | -16.3% |
| Drilling Tools International Corporation (DTI) | $160 million FY2025 | 3.4% | n/a | -2.4% |
| Hyperscale Data Inc. (GPUS) | $102 million FY2025 | -4.3% | -61.0% | -65.0% |
Revenue growth compares each company's latest fiscal year with the one before. Fiscal years do not always end on the same date, so treat close comparisons with care.
How Does Baker Hughes Rank Among All SEC Filers in Its Industry Code?
8 companies with annual reports in Swoopr's SEC dataset share SIC code 3533 (Oil & Gas Field Machinery & Equipment), a wider group than the S&P 500 Equal Weight companies above. Ranks run from 1 (highest) and use each company's latest fiscal year, in U.S. dollars.
| Measure | Baker Hughes | Median of filers | Rank |
|---|---|---|---|
| Revenue | $27.7 billion | $776 million | 1 of 8 |
| Revenue growth | -0.3% | -2.2% | 3 of 8 |
| Net margin | 9.3% | 0.2% | 1 of 8 |
A SIC code reflects the filer's main business as the SEC records it, so the group mixes companies of very different size; the median is a better guide than the average, and a rank near the top by revenue says nothing about quality.
Where These Numbers Come From
Every figure on this page is a value Baker Hughes reported in its own SEC filings, read from the SEC's XBRL data (accession 0001701605-26-000007 for fiscal year 2025). Ratios are computed from those reported values. Figures were retrieved on October 12, 2026; a later amendment or a new annual report can change them, and the filing itself always takes precedence over this summary.
Each fiscal year is labeled by the calendar year in which it ended, so a company that names the same period differently in its own filings (many retailers whose year ends in January) may use another label. A year is left out of the table when the SEC data set holds no value for it. A figure shown as "Not reported" means the company did not file a value under the standard tag Swoopr reads, not that the amount was zero. This page is educational and describes reported history only; it is not a forecast or a recommendation.
Frequently Asked Questions
Who are Baker Hughes's competitors?
Companies sharing Baker Hughes's SEC classification (SIC code 3533 (Oil & Gas Field Machinery & Equipment)) include NOV Inc. (NOV), Weatherford International plc (WFRD), Forum Energy Technologies Inc. (FET), Flowco Holdings Inc. (FLOC), Oil States International Inc. (OIS). Its 10-K names the competitors it considers most relevant.
How does Baker Hughes compare with its peers on margins?
A margin comparison needs reported operating income for Baker Hughes and its peers; where either is missing, Swoopr leaves the comparison out.
How are these peers chosen?
By the SEC Standard Industrial Classification code each company files under, within Swoopr's S&P 500 Equal Weight company set, falling back to the two-digit major group when fewer than two companies share the exact code. Classification codes are broad, so read the peer list as a screen, not a verdict.
How does Baker Hughes rank among all companies in its SEC industry?
Among 8 SEC filers under SIC code 3533, Baker Hughes ranks 1 by latest revenue.