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Side-by-side financial comparison of Baker Hughes (BKR) and CrossAmerica Partners LP (CAPL). Click either name above to swap in a different company.
Baker Hughes is the larger business by last-quarter revenue ($6.6B vs $866.3M, roughly 7.6× CrossAmerica Partners LP). Baker Hughes runs the higher net margin — 14.1% vs 1.2%, a 12.9% gap on every dollar of revenue. On growth, Baker Hughes posted the faster year-over-year revenue change (2.5% vs -8.3%). Baker Hughes produced more free cash flow last quarter ($210.0M vs $22.4M). Over the past eight quarters, Baker Hughes's revenue compounded faster (-3.9% CAGR vs -4.1%).
Baker Hughes Company is an American global energy technology company co-headquartered in Houston, Texas and London, UK. As one of the world's largest oil field services, industrial and energy technology companies, it provides products and services to the oil and gas industry for exploration and production, as well as other energy and industrial applications. It operates in over 120 countries, with facilities in Australia, Brazil, Singapore, Malaysia, India, UAE, Saudi Arabia, Italy, Germany, ...
TowerBrook Capital Partners, L.P. is an investment management firm headquartered in London and New York City. TowerBrook spun out of Soros Fund Management in 2005 and became known for acquiring majority stakes in companies such as Jimmy Choo. Managing $25+ billion in a number of private equity funds and structured opportunities funds, TowerBrook listed 110 investments on its website as of 2025.
BKR vs CAPL — Head-to-Head
Income Statement — Q1 2026 vs Q4 2025
| Metric | ||
|---|---|---|
| Revenue | $6.6B | $866.3M |
| Net Profit | $930.0M | $10.2M |
| Gross Margin | 22.8% | 12.4% |
| Operating Margin | — | 3.0% |
| Net Margin | 14.1% | 1.2% |
| Revenue YoY | 2.5% | -8.3% |
| Net Profit YoY | 131.3% | -39.6% |
| EPS (diluted) | $0.93 | $0.24 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | $6.6B | — | ||
| Q4 25 | $7.4B | $866.3M | ||
| Q3 25 | $7.0B | $971.8M | ||
| Q2 25 | $6.9B | $961.9M | ||
| Q1 25 | $6.4B | $862.5M | ||
| Q4 24 | $7.4B | $944.2M | ||
| Q3 24 | $6.9B | $1.1B | ||
| Q2 24 | $7.1B | $1.1B |
| Q1 26 | $930.0M | — | ||
| Q4 25 | $876.0M | $10.2M | ||
| Q3 25 | $609.0M | $13.6M | ||
| Q2 25 | $701.0M | $25.2M | ||
| Q1 25 | $402.0M | $-7.1M | ||
| Q4 24 | $1.2B | $16.9M | ||
| Q3 24 | $766.0M | $10.7M | ||
| Q2 24 | $579.0M | $12.4M |
| Q1 26 | 22.8% | — | ||
| Q4 25 | — | 12.4% | ||
| Q3 25 | — | 10.8% | ||
| Q2 25 | — | 10.5% | ||
| Q1 25 | — | 10.4% | ||
| Q4 24 | — | 10.7% | ||
| Q3 24 | — | 10.3% | ||
| Q2 24 | — | 9.2% |
| Q1 26 | — | — | ||
| Q4 25 | 7.1% | 3.0% | ||
| Q3 25 | 11.7% | 2.9% | ||
| Q2 25 | 14.0% | 4.3% | ||
| Q1 25 | 8.7% | 0.2% | ||
| Q4 24 | 9.0% | 3.0% | ||
| Q3 24 | 13.5% | 2.5% | ||
| Q2 24 | 11.7% | 2.5% |
| Q1 26 | 14.1% | — | ||
| Q4 25 | 11.9% | 1.2% | ||
| Q3 25 | 8.7% | 1.4% | ||
| Q2 25 | 10.1% | 2.6% | ||
| Q1 25 | 6.3% | -0.8% | ||
| Q4 24 | 16.0% | 1.8% | ||
| Q3 24 | 11.1% | 1.0% | ||
| Q2 24 | 8.1% | 1.1% |
| Q1 26 | $0.93 | — | ||
| Q4 25 | — | $0.24 | ||
| Q3 25 | — | $0.34 | ||
| Q2 25 | — | $0.64 | ||
| Q1 25 | — | $-0.20 | ||
| Q4 24 | — | $0.42 | ||
| Q3 24 | — | $0.27 | ||
| Q2 24 | — | $0.31 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | ||
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $14.8B | $3.1M |
| Total DebtLower is stronger | $16.2B | $687.2M |
| Stockholders' EquityBook value | $19.5B | — |
| Total Assets | $50.9B | $964.7M |
| Debt / EquityLower = less leverage | 0.83× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | $14.8B | — | ||
| Q4 25 | — | $3.1M | ||
| Q3 25 | — | $5.8M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | — | $6.7M | ||
| Q4 24 | — | $3.4M | ||
| Q3 24 | — | $7.8M | ||
| Q2 24 | — | $5.5M |
| Q1 26 | $16.2B | — | ||
| Q4 25 | $5.4B | $687.2M | ||
| Q3 25 | $6.0B | $700.8M | ||
| Q2 25 | $6.0B | $722.7M | ||
| Q1 25 | $6.0B | $774.1M | ||
| Q4 24 | $6.0B | $763.9M | ||
| Q3 24 | $6.0B | $769.2M | ||
| Q2 24 | $5.9B | $786.7M |
| Q1 26 | $19.5B | — | ||
| Q4 25 | $18.8B | — | ||
| Q3 25 | $18.2B | — | ||
| Q2 25 | $17.7B | — | ||
| Q1 25 | $17.0B | — | ||
| Q4 24 | $16.9B | — | ||
| Q3 24 | $16.2B | — | ||
| Q2 24 | $15.6B | — |
| Q1 26 | $50.9B | — | ||
| Q4 25 | $40.9B | $964.7M | ||
| Q3 25 | $39.2B | $998.9M | ||
| Q2 25 | $38.7B | $1.0B | ||
| Q1 25 | $38.1B | $1.1B | ||
| Q4 24 | $38.4B | $1.1B | ||
| Q3 24 | $37.5B | $1.1B | ||
| Q2 24 | $36.7B | $1.2B |
| Q1 26 | 0.83× | — | ||
| Q4 25 | 0.29× | — | ||
| Q3 25 | 0.33× | — | ||
| Q2 25 | 0.34× | — | ||
| Q1 25 | 0.35× | — | ||
| Q4 24 | 0.35× | — | ||
| Q3 24 | 0.37× | — | ||
| Q2 24 | 0.38× | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | ||
|---|---|---|
| Operating Cash FlowLast quarter | — | $29.4M |
| Free Cash FlowOCF − Capex | $210.0M | $22.4M |
| FCF MarginFCF / Revenue | 3.2% | 2.6% |
| Capex IntensityCapex / Revenue | 4.4% | 0.8% |
| Cash ConversionOCF / Net Profit | — | 2.89× |
| TTM Free Cash FlowTrailing 4 quarters | $2.3B | $55.8M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $1.7B | $29.4M | ||
| Q3 25 | $929.0M | $24.4M | ||
| Q2 25 | $510.0M | $22.6M | ||
| Q1 25 | $709.0M | $15.0M | ||
| Q4 24 | $1.2B | $11.1M | ||
| Q3 24 | $1.0B | $41.9M | ||
| Q2 24 | $348.0M | $28.9M |
| Q1 26 | $210.0M | — | ||
| Q4 25 | $1.3B | $22.4M | ||
| Q3 25 | $634.0M | $17.7M | ||
| Q2 25 | $209.0M | $10.8M | ||
| Q1 25 | $409.0M | $4.9M | ||
| Q4 24 | $837.0M | $3.9M | ||
| Q3 24 | $710.0M | $34.2M | ||
| Q2 24 | $56.0M | $23.6M |
| Q1 26 | 3.2% | — | ||
| Q4 25 | 17.4% | 2.6% | ||
| Q3 25 | 9.0% | 1.8% | ||
| Q2 25 | 3.0% | 1.1% | ||
| Q1 25 | 6.4% | 0.6% | ||
| Q4 24 | 11.4% | 0.4% | ||
| Q3 24 | 10.3% | 3.2% | ||
| Q2 24 | 0.8% | 2.1% |
| Q1 26 | 4.4% | — | ||
| Q4 25 | 5.1% | 0.8% | ||
| Q3 25 | 4.2% | 0.7% | ||
| Q2 25 | 4.4% | 1.2% | ||
| Q1 25 | 4.7% | 1.2% | ||
| Q4 24 | 4.8% | 0.8% | ||
| Q3 24 | 4.3% | 0.7% | ||
| Q2 24 | 4.1% | 0.5% |
| Q1 26 | — | — | ||
| Q4 25 | 1.90× | 2.89× | ||
| Q3 25 | 1.53× | 1.79× | ||
| Q2 25 | 0.73× | 0.90× | ||
| Q1 25 | 1.76× | — | ||
| Q4 24 | 1.01× | 0.66× | ||
| Q3 24 | 1.32× | 3.92× | ||
| Q2 24 | 0.60× | 2.33× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
BKR
Segment breakdown not available.
CAPL
| Retail Segment | $505.3M | 58% |
| Wholesale | $360.9M | 42% |
| Other | $1.2M | 0% |