How many subsidiaries does Baker Hughes Co file with the SEC?

13, listed in its most recent exhibit 21. They are incorporated across 3 jurisdictions (Delaware, Netherlands, Italy). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.

Is Baker Hughes Co financially healthy?

Baker Hughes Co scores 4 out of 6 on the Piotroski F-score. Only 6 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.

Who are the largest institutional holders of Baker Hughes Co?

Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), JPMORGAN CHASE & CO (adding), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

Baker Hughes Co (BKR)

Nasdaq · Common Stock · Oil & Gas Field Machinery & Equipment

One email a week from me: what it filed, which 13F holders added or cut, where its scores stand. Free.

energy technology company

Corporate structure

13 entities across 3 jurisdictions. Read directly from the company’s own 10-K EX-21 filed 2026-02-05 — see the exhibit.

Which other public companies file entities in the same places:

Delaware8 Italy3 Netherlands2

Subsidiaries of Baker Hughes Co as disclosed in its SEC filing
Entity	Jurisdiction	Note
EHHC NewCo LLC	Delaware
CFC Holdings LLC	Delaware
Baker Hughes Holdings LLC	Delaware
Baker Hughes Energy Services LLC	Delaware
Baker Hughes Energy Manufacturing LLC	Delaware
Baker Hughes International Branches LLC	Delaware
Baker Hughes International Holdings LLC	Delaware
International Professional Resources USA LLC	Delaware
Baker Hughes Energy International B.V.	Netherlands
Baker Hughes Energy Europe B.V.	Netherlands

Financial health

Two standard screens, computed from the XBRL in FY2025 against FY2024. Every test shows the numbers behind it — a score with its inputs hidden is a number you cannot check.

Piotroski F-score

4 / 6

PASSReturn on assets positiveROA 6.3%
PASSOperating cash flow positiveOCF 3.8B
FAILReturn on assets improving7.8% → 6.3%
PASSCash flow exceeds earningsOCF 3.8B vs NI 2.6B
FAILLong-term debt ratio fallingno debt reported
PASSCurrent ratio improving1.32 → 1.36
FAILNo share dilutionno data
FAILGross margin improvingno gross profit reported
FAILAsset turnover improving0.73× → 0.68×

Six-year record

Year	Revenue	Net income	Free cash flow	Gross margin	Shares
FY2020	$20.7B	−$9.9B	$330.0M	—	—
FY2021	$20.5B	−$219.0M	$1.5B	—	—
FY2022	$21.2B	−$601.0M	$899.0M	—	—
FY2023	$25.5B	$1.9B	$1.8B	—	—
FY2024	$27.8B	$3.0B	$2.1B	—	—
FY2025	$27.7B

Ownership flow

15 institutions tracked — 9 added, 5 reduced, 1 opened a new position, 1 sold out.

Institutional holders of Baker Hughes Co and their share-count change
Manager	Kind	Shares	Change	Value
JPMORGAN CHASE & CO	Active fund	70,011,338	+11,814,771	$3.9B
BlackRock, Inc.	Index	99,116,387	+1,585,658	$5.5B
AQR CAPITAL MANAGEMENT LLC	Hedge fund	2,278,339	+1,129,009	$126.4M
PRICE T ROWE ASSOCIATES INC /MD/	Active fund	13,582,112	+1,004,772

Capital returned

What the company actually paid out and bought back, as reported — the record behind any yield figure.

Shares repurchased

2026Q1: $0
2025Q1: $188.0M
2024Q1: $158.0M
2023Q1: $0
2022Q1: $236.0M
2021Q1: $0

Identity

CIK: 0001701605
LEI: 2549005BEMAQI16E8K78
FIGI: BBG00GBVBK51
SIC: 3533 · Oil & Gas Field Machinery & Equipment
Incorporated: DE
Headquarters: HOUSTON, TX
Employees: 59,400 (2013)
Founded: 1908-00-00

Ownership

Institutional: 100.0%
Institutions: 1,641
Insiders: 0.2%

Ownership percentages are a vendor aggregate, not a filing — unlike everything else on this page.

Questions about Baker Hughes Co

How many subsidiaries does Baker Hughes Co file with the SEC?: 13, listed in its most recent exhibit 21. They are incorporated across 3 jurisdictions (Delaware, Netherlands, Italy). That exhibit is filed with the company's annual report and is the company's own list, not an estimate.
Is Baker Hughes Co financially healthy?: Baker Hughes Co scores 4 out of 6 on the Piotroski F-score. Only 6 of the nine tests could be computed from what it filed; the rest need a prior year it has not reported. Every test and the numbers behind it are shown above, so the arithmetic is checkable rather than something you have to take on trust.
Who are the largest institutional holders of Baker Hughes Co?: Among the managers tracked here, the biggest positions as of the 2026-Q2 13F filings are BlackRock, Inc. (adding), JPMORGAN CHASE & CO (adding), STATE STREET CORP (trimming). Direction is the change in share count against that manager's own previous filing; managers with no prior filing are left out rather than counted as new buyers.

This page is one panel of the terminal

The structure map above is the Corporate Blueprint, and in the desktop it is interactive — click any entity to re-centre the map on it and walk the ownership chain. It sits alongside the screener, the scorecard and the filings lab on one desk, on your machine.

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Sourced from SEC EDGAR primary filings. Figures are as reported by the company and are not investment advice. Scores are standard published screens computed from those filings; every input is shown above so you can check the arithmetic.