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Side-by-side financial comparison of Baker Hughes (BKR) and U.S. Bancorp (USB). Click either name above to swap in a different company.

U.S. Bancorp is the larger business by last-quarter revenue ($7.4B vs $6.6B, roughly 1.1× Baker Hughes). U.S. Bancorp runs the higher net margin — 27.8% vs 14.1%, a 13.6% gap on every dollar of revenue. On growth, U.S. Bancorp posted the faster year-over-year revenue change (5.1% vs -7.5%). Over the past eight quarters, U.S. Bancorp's revenue compounded faster (4.7% CAGR vs -3.9%).

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, ...

U.S. Bancorp is an American multinational banking institution headquartered in Minneapolis, Minnesota and incorporated in Delaware. It is the 5th-largest bank in the United States as of 2025. As the largest bank in the Midwestern United States, it is considered systemically important by the Financial Stability Board. It is the parent company of its primary operating entity, U.S. Bank National Association, which does business as U.S. Bank. The company provides banking, investment, mortgage, tr...

BKR vs USB — Head-to-Head

Bigger by revenue
USB
USB
1.1× larger
USB
$7.4B
$6.6B
BKR
Growing faster (revenue YoY)
USB
USB
+12.6% gap
USB
5.1%
-7.5%
BKR
Higher net margin
USB
USB
13.6% more per $
USB
27.8%
14.1%
BKR
Faster 2-yr revenue CAGR
USB
USB
Annualised
USB
4.7%
-3.9%
BKR

Income Statement — Q1 FY2026 vs Q4 FY2025

Metric
BKR
BKR
USB
USB
Revenue
$6.6B
$7.4B
Net Profit
$930.0M
$2.0B
Gross Margin
22.8%
Operating Margin
34.4%
Net Margin
14.1%
27.8%
Revenue YoY
-7.5%
5.1%
Net Profit YoY
131.3%
23.0%
EPS (diluted)
$0.93
$1.26

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.

Revenue
BKR
BKR
USB
USB
Q1 26
$6.6B
Q4 25
$7.4B
$7.4B
Q3 25
$7.0B
$7.3B
Q2 25
$6.9B
$7.0B
Q1 25
$6.4B
$7.0B
Q4 24
$7.4B
$7.0B
Q3 24
$6.9B
$6.9B
Q2 24
$7.1B
$6.9B
Net Profit
BKR
BKR
USB
USB
Q1 26
$930.0M
Q4 25
$876.0M
$2.0B
Q3 25
$609.0M
$2.0B
Q2 25
$701.0M
$1.8B
Q1 25
$402.0M
$1.7B
Q4 24
$1.2B
$1.7B
Q3 24
$766.0M
$1.7B
Q2 24
$579.0M
$1.6B
Gross Margin
BKR
BKR
USB
USB
Q1 26
22.8%
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Operating Margin
BKR
BKR
USB
USB
Q1 26
Q4 25
7.1%
34.4%
Q3 25
11.7%
34.5%
Q2 25
14.0%
32.7%
Q1 25
8.7%
31.0%
Q4 24
9.0%
30.1%
Q3 24
13.5%
30.2%
Q2 24
11.7%
29.9%
Net Margin
BKR
BKR
USB
USB
Q1 26
14.1%
Q4 25
11.9%
27.8%
Q3 25
8.7%
27.3%
Q2 25
10.1%
25.9%
Q1 25
6.3%
24.6%
Q4 24
16.0%
23.7%
Q3 24
11.1%
25.0%
Q2 24
8.1%
23.3%
EPS (diluted)
BKR
BKR
USB
USB
Q1 26
$0.93
Q4 25
$1.26
Q3 25
$1.22
Q2 25
$1.11
Q1 25
$1.03
Q4 24
$1.01
Q3 24
$1.03
Q2 24
$0.97

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
BKR
BKR
USB
USB
Cash + ST InvestmentsLiquidity on hand
$14.8B
Total DebtLower is stronger
$16.2B
Stockholders' EquityBook value
$19.5B
$65.2B
Total Assets
$50.9B
$692.3B
Debt / EquityLower = less leverage
0.83×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
BKR
BKR
USB
USB
Q1 26
$14.8B
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Total Debt
BKR
BKR
USB
USB
Q1 26
$16.2B
Q4 25
$5.4B
Q3 25
$6.0B
Q2 25
$6.0B
Q1 25
$6.0B
Q4 24
$6.0B
Q3 24
$6.0B
Q2 24
$5.9B
Stockholders' Equity
BKR
BKR
USB
USB
Q1 26
$19.5B
Q4 25
$18.8B
$65.2B
Q3 25
$18.2B
$63.3B
Q2 25
$17.7B
$61.4B
Q1 25
$17.0B
$60.1B
Q4 24
$16.9B
$58.6B
Q3 24
$16.2B
$58.9B
Q2 24
$15.6B
$56.4B
Total Assets
BKR
BKR
USB
USB
Q1 26
$50.9B
Q4 25
$40.9B
$692.3B
Q3 25
$39.2B
$695.4B
Q2 25
$38.7B
$686.4B
Q1 25
$38.1B
$676.5B
Q4 24
$38.4B
$678.3B
Q3 24
$37.5B
$686.5B
Q2 24
$36.7B
$680.1B
Debt / Equity
BKR
BKR
USB
USB
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
BKR
BKR
USB
USB
Operating Cash FlowLast quarter
$2.8B
Free Cash FlowOCF − Capex
$210.0M
FCF MarginFCF / Revenue
3.2%
Capex IntensityCapex / Revenue
4.4%
Cash ConversionOCF / Net Profit
1.39×
TTM Free Cash FlowTrailing 4 quarters
$2.3B

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
BKR
BKR
USB
USB
Q1 26
Q4 25
$1.7B
$2.8B
Q3 25
$929.0M
$3.4B
Q2 25
$510.0M
$2.0B
Q1 25
$709.0M
$-285.0M
Q4 24
$1.2B
$4.8B
Q3 24
$1.0B
$972.0M
Q2 24
$348.0M
$2.9B
Free Cash Flow
BKR
BKR
USB
USB
Q1 26
$210.0M
Q4 25
$1.3B
Q3 25
$634.0M
Q2 25
$209.0M
Q1 25
$409.0M
Q4 24
$837.0M
Q3 24
$710.0M
Q2 24
$56.0M
FCF Margin
BKR
BKR
USB
USB
Q1 26
3.2%
Q4 25
17.4%
Q3 25
9.0%
Q2 25
3.0%
Q1 25
6.4%
Q4 24
11.4%
Q3 24
10.3%
Q2 24
0.8%
Capex Intensity
BKR
BKR
USB
USB
Q1 26
4.4%
Q4 25
5.1%
Q3 25
4.2%
Q2 25
4.4%
Q1 25
4.7%
Q4 24
4.8%
Q3 24
4.3%
Q2 24
4.1%
Cash Conversion
BKR
BKR
USB
USB
Q1 26
Q4 25
1.90×
1.39×
Q3 25
1.53×
1.69×
Q2 25
0.73×
1.12×
Q1 25
1.76×
-0.17×
Q4 24
1.01×
2.87×
Q3 24
1.32×
0.57×
Q2 24
0.60×
1.79×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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