Discontinued — last reported Q4 '24
Oilfield Services & Equipment and Industrial & Energy Technology — Revenue
Baker Hughes Oilfield Services & Equipment and Industrial & Energy Technology — Revenue remained flat by 0.0% to $6.96B in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 9.1%, from $6.38B to $6.96B. Over 2 years (FY 2022 to FY 2024), Oilfield Services & Equipment and Industrial & Energy Technology — Revenue shows an upward trend with a 14.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase suggests higher demand for energy services or successful pricing power, while a decrease may indicate market contraction or loss of competitive share.
Detailed definition
This metric represents the total gross income generated by the company's core business segments, including oilfield serv...
Peer comparison
Comparable to total segment revenue reported by major oilfield service providers and industrial technology conglomerates.
bkr_segment_oilfield_services_equipment_and_industrial_energy_technology_revenueHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $21.16B | $25.51B | $27.83B |
| YoY Change | — | +20.6% | +9.1% |
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment and industrial & energy technology — revenue?
- Baker Hughes (BKR) reported oilfield services & equipment and industrial & energy technology — revenue of $6.96B in Q4 2024.
- How has Baker Hughes's oilfield services & equipment and industrial & energy technology — revenue changed year-over-year?
- Baker Hughes's oilfield services & equipment and industrial & energy technology — revenue increased by 9.1% year-over-year, from $6.38B to $6.96B.
- What is the long-term trend for Baker Hughes's oilfield services & equipment and industrial & energy technology — revenue?
- Over 2 years (2022 to 2024), Baker Hughes's oilfield services & equipment and industrial & energy technology — revenue has grown at a 14.7% compound annual growth rate (CAGR), from $21.16B to $27.83B.
- What does oilfield services & equipment and industrial & energy technology — revenue mean?
- The total amount of money generated from the company's primary business operations in energy services and industrial technology.