Basis: FMP quote price / unrounded FMP forward EPS in the trading currency, available after its recorded retrieval time. Source: stored company filings and market data; unavailable inputs remain N/A.
The forward PE ratio is 22.07 as of 2026-09-24T00:15:38.374Z.
Consensus retrieved: 2026-09-13T22:21:21.849Z. This records retrieval, including cache reads, rather than vendor publication. The calculation uses the separately dated price and estimate available at its as-of time.
Calculation as of: 2026-09-24T00:15:38.374Z.
Quote observation: 2026-09-23T20:00:01.000Z. Amounts in USD. The price header may show a later quote.
FMP input reference: 637f40f65fa42d49e02eda612a8d38518ed35ffe021e92345e380628f947f4ce
Forward PE Ratio (22.07) = Dated Quote Price ($58.03) / Consensus Forward EPS ($2.63)
FORWARD PE RATIO
22.07
SECTOR MEDIAN · ENERGY
12.78
median of 39 covered companies
CURRENT VS SECTOR MEDIAN
+72.69%
vs the sector median at left
Baker Hughes Company
Market Cap
$57.60B
Forward PE Ratio
22.07
| NAME | MARKET CAP | FORWARD PE RATIO |
|---|---|---|
| Baker Hughes Company (BKR) | $57.60B | 22.07 |
| ONEOK, Inc. (OKE)vs › | $57.05B | 15.84 |
| Occidental Petroleum Corporation (OXY)vs › | $57.05B | 9.09 |
| MPLX Lp (MPLX)vs › | $59.68B | 13.72 |
| Targa Resources Corp. (TRGP)vs › | $60.75B | 25.10 |
| Devon Energy Corporation (DVN)vs › | $52.84B | 9.39 |
| TC Energy Corporation (TRP)vs › | $62.67B | N/A |
| Diamondback Energy, Inc. (FANG)vs › | $52.23B | N/A |
| Kinder Morgan, Inc. (KMI)vs › | $69.85B | 20.51 |
| Energy Transfer LP (ET)vs › | $70.51B | 12.09 |
Trailing P/E
18.7
reported TTM EPS
Forward P/E
22.1
consensus EPS · fiscal year ending 2026-12-31
The gap between the two multiples is the consensus growth expectation: analysts' forward EPS of $2.63 implies -15.4% EPS decline vs the reported trailing $3.11.
At the dated quote price of $58.03, each upcoming fiscal year's consensus EPS implies a different multiple — how quickly the price is "paid down" by expected earnings if the estimates hold.
| Fiscal year end | Consensus EPS | Estimate range | Analysts | Implied P/E |
|---|---|---|---|---|
| 2026-12-31 | $2.63 | $2.38 – $3.00 | 8 | 22.1x |
| 2027-12-31 | $3.00 | $2.41 – $3.46 | 8 | 19.3x |
| 2028-12-31 | $3.60 | $3.29 – $4.23 | 5 | 16.1x |
Source: FMP analyst consensus estimates, refreshed with the daily precompute. "n/m" = the consensus EPS is not positive, so a multiple is undefined. There is no forward P/E history chart here because charting one would require the estimates as they stood in the past, which we do not store — see the trailing P/E history for how the realized multiple has moved.
PE Ratio = Share Price / Diluted EPS (TTM)
The price-to-earnings ratio measures how much investors pay for each dollar of trailing earnings. A lower PE can indicate a cheaper valuation; a higher PE implies higher growth expectations.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
