Discontinued — last reported Q3 '22
Business Segments · Goodwill
Digital Solutions — Goodwill
Baker Hughes Digital Solutions — Goodwill decreased by 12.0% to $1.96B in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 13.1%, from $2.26B to $1.96B.
Analysis
StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityStable
First reportedQ4 2016
Last reportedQ3 2022
Rolls up toGoodwill
How to read this metric
High levels suggest significant past acquisition activity; a sudden decrease indicates potential impairment risk or divestiture.
Detailed definition
The net carrying value of goodwill associated with the Digital Solutions segment, representing the premium paid over the...
Peer comparison
Standard segment-level intangible asset disclosure found in most large-cap industrial conglomerates.
Metric ID:
bkr_segment_digital_solutions_goodwillHistorical Data
6 periods
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | |
|---|---|---|---|---|---|---|
| Value | $2.27B | $2.26B | $2.24B | $2.28B | $2.23B | $1.96B |
| QoQ Change | — | -0.7% | -1.1% | +2.0% | -2.1% | -12.0% |
| YoY Change | — | — | — | — | -1.9% | -13.1% |
Range$1.96B – $2.28B
CAGR-11.1%
Avg YoY Growth-7.5%
Median YoY Growth-7.5%
Current Streak2 quarters decline
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Frequently Asked Questions
- What is Baker Hughes's digital solutions — goodwill?
- Baker Hughes (BKR) reported digital solutions — goodwill of $1.96B in Q3 2022.
- How has Baker Hughes's digital solutions — goodwill changed year-over-year?
- Baker Hughes's digital solutions — goodwill decreased by 13.1% year-over-year, from $2.26B to $1.96B.
- What does digital solutions — goodwill mean?
- The current accounting value of goodwill attributed to the Digital Solutions segment.