The BusinessWeek 50 Ranking
21
Baker Hughes
ECCENTRIC billionaire Howard Hughes is long gone, but the Houston company that issued his first dividend check is still drilling away. Earnings leapt 66% last year at Baker Hughes, which is a leading supplier of drill bits, welllogging tools, and other equipment for finding and producing oil and gas. Results have been buoyed by a ramp-up in capital spending by oil companies. With eight technology centers around the globe and over 2,200 engineers, Baker Hughes continues to search for ways to keep profits pumping even if oil prices slide. New products generated about a quarter of last year’s sales.
Company Info |
|
| 2005 Rank | 163 |
| GET MORE COMPANY INFO | BHI |
| Market Value $ Million | 23,225.3 |
| Total Return $ Million | (1-yr.) 45.0
(3-yr.) 126.7 |
| 2005 Sales $ Billion | 7.2 |
| Sales Growth $ Million | (1-yr.) 18
(3-yr.) 13.8 |
| Long-Term Growth Est. % | 17.5 |
| Net income $ Million | 874.4 |
| Net Income Growth $ Million | (1-yr.) 66
(3-yr.) 66.4 |
| Net Margin %* | 12.2 |
| Return on Inv. Capital (%)* | 15.1 |
| Share Price 12-Mo. Hi/Lo | 78/42 |
| P/E Ratio | 27 |
| Industry | Energy |
| CORPORATE WEB SITE | |
