Discontinued — last reported Q4 '24
Industrial & Energy Technology — Operating Income (Loss)
Baker Hughes Industrial & Energy Technology — Operating Income (Loss) remained flat by 0.0% to $457.50M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 39.7%, from $327.50M to $457.50M. Over 2 years (FY 2022 to FY 2024), Industrial & Energy Technology — Operating Income (Loss) shows an upward trend with a 27.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher margins within the segment, while a decrease suggests rising costs or weakening demand in the industrial and energy technology markets.
Detailed definition
This metric represents the profit generated by the Industrial & Energy Technology segment after deducting operating expe...
Peer comparison
Comparable to segment operating profit or segment EBIT reported by diversified industrial and energy equipment peers.
bkr_segment_industrial_energy_technology_operating_income_lossHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $1.14B | $1.31B | $1.83B |
| YoY Change | — | +15.4% | +39.7% |
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Frequently Asked Questions
- What is Baker Hughes's industrial & energy technology — operating income (loss)?
- Baker Hughes (BKR) reported industrial & energy technology — operating income (loss) of $457.50M in Q4 2024.
- How has Baker Hughes's industrial & energy technology — operating income (loss) changed year-over-year?
- Baker Hughes's industrial & energy technology — operating income (loss) increased by 39.7% year-over-year, from $327.50M to $457.50M.
- What is the long-term trend for Baker Hughes's industrial & energy technology — operating income (loss)?
- Over 2 years (2022 to 2024), Baker Hughes's industrial & energy technology — operating income (loss) has grown at a 27.0% compound annual growth rate (CAGR), from $1.14B to $1.83B.
- What does industrial & energy technology — operating income (loss) mean?
- The core profit earned by the Industrial & Energy Technology segment from its daily business operations.