Discontinued — last reported Q3 '24
Turbomachineryand Process Solutions — Depreciation, Depletion and Amortization
Baker Hughes Turbomachineryand Process Solutions — Depreciation, Depletion and Amortization decreased by 1.8% to $54.00M in Q3 2024 compared to the prior quarter. Year-over-year, this metric declined by 5.3%, from $57.00M to $54.00M.
Analysis
How to read this metric
An increase typically signals higher capital investment in machinery and technology assets, while a decrease may indicate aging assets or lower capital intensity.
Detailed definition
This metric represents the non-cash expense allocated to the Industrial & Energy Technology segment to account for the g...
Peer comparison
Comparable to depreciation and amortization charges reported by industrial conglomerates and energy infrastructure providers, often analyzed relative to segment revenue or capital expenditure levels.
bkr_segment_industrial_energy_technology_depreciation_depletion_and_amortizationHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q1 '24 | Q2 '24 | Q3 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $30.00M | $30.00M | $30.00M | $29.00M | $29.00M | $28.00M | $56.00M | $52.00M | $57.00M | $56.00M | $55.00M | $54.00M |
| QoQ Change | — | +0.0% | +0.0% | -3.3% | +0.0% | -3.4% | +100.0% | -7.1% | +9.6% | -1.8% | -1.8% | -1.8% |
| YoY Change | — | — | — | — | -3.3% | -6.7% | +93.1% | +79.3% | +103.6% | +0.0% | +5.8% | -5.3% |
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Frequently Asked Questions
- What is Baker Hughes's turbomachineryand process solutions — depreciation, depletion and amortization?
- Baker Hughes (BKR) reported turbomachineryand process solutions — depreciation, depletion and amortization of $54.00M in Q3 2024.
- How has Baker Hughes's turbomachineryand process solutions — depreciation, depletion and amortization changed year-over-year?
- Baker Hughes's turbomachineryand process solutions — depreciation, depletion and amortization decreased by 5.3% year-over-year, from $57.00M to $54.00M.
- What does turbomachineryand process solutions — depreciation, depletion and amortization mean?
- The annual non-cash expense representing the wear and tear or expiration of assets used within the Industrial & Energy Technology business segment.