ULBI vs. BKR
ULBI (Ultralife Corporation) and BKR (Baker Hughes Company) are both stocks. ULBI operates in Electrical Equipment & Parts (Industrials), while BKR operates in Oil & Gas Equipment & Services (Energy). Over the past 5 years, ULBI returned -5.76%/yr vs 22.39%/yr for BKR. At a 0.16 correlation, their price movements are largely independent.
Performance
ULBI vs. BKR - Performance Comparison
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Returns By Period
In the year-to-date period, ULBI achieves a 15.03% return, which is significantly lower than BKR's 39.64% return.
ULBI
- 1D
- 1.23%
- 1M
- 8.40%
- YTD
- 15.03%
- 6M
- 14.43%
- 1Y
- -14.99%
- 3Y*
- 10.86%
- 5Y*
- -5.76%
- 10Y*
- 3.10%
BKR
- 1D
- -0.54%
- 1M
- -1.53%
- YTD
- 39.64%
- 6M
- 35.70%
- 1Y
- 64.52%
- 3Y*
- 30.72%
- 5Y*
- 22.39%
- 10Y*
- —
ULBI vs. BKR - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
ULBI Ultralife Corporation | 15.03% | -23.22% | 9.24% | 76.68% | -36.09% | -6.65% | -12.45% | 9.48% | 3.05% | -12.08% |
BKR Baker Hughes Company | 39.64% | 13.39% | 23.11% | 18.58% | 25.96% | 19.03% | -15.15% | 23.01% | -30.43% | -21.62% |
Correlation
The correlation between ULBI and BKR is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.06 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.15 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.17 |
Correlation (All Time) Calculated using the full available price history since Jul 5, 2017 | 0.16 |
The correlation between ULBI and BKR shifts across timeframes, from 0.06 (1 year) to 0.17 (5 years), reflecting how their relationship changes across market environments.
Fundamentals
ULBI:
$109.60M
BKR:
$62.89B
ULBI:
-$0.49
BKR:
$3.14
ULBI:
0.58
BKR:
2.25
ULBI:
0.85
BKR:
2.85
ULBI:
$187.86M
BKR:
$27.89B
ULBI:
$43.39M
BKR:
$6.57B
ULBI:
$6.73M
BKR:
$4.20B
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Return for Risk
ULBI vs. BKR — Risk / Return Rank
ULBI
BKR
ULBI vs. BKR - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Ultralife Corporation (ULBI) and Baker Hughes Company (BKR). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| ULBI | BKR | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -2.29 | ||
| Sortino ratioReturn per unit of downside risk | -2.72 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.34 | -0.34 |
| Calmar ratioReturn relative to maximum drawdown | -0.36 | 3.95 | -4.31 |
| Martin ratioReturn relative to average drawdown | -0.58 | 11.78 | -12.36 |
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Drawdowns
ULBI vs. BKR - Drawdown Comparison
The maximum ULBI drawdown since its inception was -92.90%, which is greater than BKR's maximum drawdown of -75.38%. Use the drawdown chart below to compare losses from any high point for ULBI and BKR.
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Drawdown Indicators
| ULBI | BKR | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -92.90% | -75.38% | -17.52% |
Max Drawdown (1Y)Largest decline over 1 year | -44.69% | -16.86% | -27.83% |
Max Drawdown (3Y)Largest decline over 3 years | -68.83% | -28.00% | -40.83% |
Max Drawdown (5Y)Largest decline over 5 years | -68.83% | -46.53% | -22.30% |
Max Drawdown (10Y)Largest decline over 10 years | -68.83% | — | — |
Current DrawdownCurrent decline from peak | -73.14% | -9.07% | -64.07% |
Average DrawdownAverage peak-to-trough decline | -63.48% | -24.66% | -38.82% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 27.64% | 5.64% | +22.00% |
Volatility
ULBI vs. BKR - Volatility Comparison
Ultralife Corporation (ULBI) has a higher volatility of 18.04% compared to Baker Hughes Company (BKR) at 11.29%. This indicates that ULBI's price experiences larger fluctuations and is considered to be riskier than BKR based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| ULBI | BKR | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 18.04% | 11.29% | +6.75% |
Volatility (6M)Calculated over the trailing 6-month period | 41.57% | 24.84% | +16.73% |
Volatility (1Y)Calculated over the trailing 1-year period | 57.63% | 33.14% | +24.49% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.99% | 35.09% | +23.90% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 54.53% | 40.20% | +14.33% |
Dividends
ULBI vs. BKR - Dividend Comparison
ULBI has not paid dividends to shareholders, while BKR's dividend yield for the trailing twelve months is around 1.46%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
BKR Baker Hughes Company | 1.46% | 2.02% | 2.05% | 2.28% | 2.47% | 2.99% | 3.45% | 2.81% | 3.35% | 56.42% |
ULBI Ultralife Corporation | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Financials
ULBI vs. BKR - Financials Comparison
This section allows you to compare key financial metrics between Ultralife Corporation and Baker Hughes Company. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
ULBI vs. BKR - Profitability Comparison
ULBI - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported a gross profit of 10.11M and revenue of 47.45M. Therefore, the gross margin over that period was 21.3%.
BKR - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a gross profit of 1.50B and revenue of 6.59B. Therefore, the gross margin over that period was 22.8%.
ULBI - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported an operating income of -215.00K and revenue of 47.45M, resulting in an operating margin of -0.5%.
BKR - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported an operating income of 809.00M and revenue of 6.59B, resulting in an operating margin of 12.3%.
ULBI - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Ultralife Corporation reported a net income of -451.00K and revenue of 47.45M, resulting in a net margin of -1.0%.
BKR - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Baker Hughes Company reported a net income of 930.00M and revenue of 6.59B, resulting in a net margin of 14.1%.
Frequently Asked Questions
ULBI and BKR have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
ULBI has higher volatility (18.04%) compared to BKR (11.29%). In terms of maximum drawdown, ULBI dropped -92.90% vs BKR's -75.38%.
BKR currently has the higher Sharpe Ratio (2.01 vs -0.28), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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