Discontinued — last reported Q4 '24

Business Segments · Segment capital expenditures

Industrial & Energy Technology — Segment capital expenditures

Baker Hughes Industrial & Energy Technology — Segment capital expenditures remained flat by 0.0% to $71.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 24.0%, from $57.25M to $71.00M. Over 3 years (FY 2021 to FY 2024), Industrial & Energy Technology — Segment capital expenditures shows an upward trend with a 16.0% CAGR.

Analysis

StatementSegment
CategoryCapital Allocation
SignalContext dependent
VolatilityModerate
First reportedQ1 2020
Last reportedQ4 2024Feb 4, 2025

How to read this metric

An increase typically signals management's confidence in future demand and a commitment to expanding capacity or upgrading technology, while a decrease may indicate a focus on cash preservation or the completion of a major investment cycle.

Detailed definition

This metric represents the total cash outflows used by the Industrial & Energy Technology segment to acquire, upgrade, a...

Peer comparison

Peers in the oilfield services and industrial equipment sectors typically report this as 'Segment Capital Expenditures' or 'Property, Plant, and Equipment Additions' within their segment reporting disclosures.

Metric ID: bkr_segment_industrial_energy_technology_segment_capital_expenditures

Historical Data

4 years
 FY'21FY'22FY'23FY'24
Value$182.00M$183.00M$229.00M$284.00M
YoY Change+0.5%+25.1%+24.0%
Range$182.00M$284.00M
CAGR+16.0%
Avg YoY Growth+16.6%
Median YoY Growth+24.0%
Current Streak3+ years growth

Frequently Asked Questions

What is Baker Hughes's industrial & energy technology — segment capital expenditures?
Baker Hughes (BKR) reported industrial & energy technology — segment capital expenditures of $71.00M in Q4 2024.
How has Baker Hughes's industrial & energy technology — segment capital expenditures changed year-over-year?
Baker Hughes's industrial & energy technology — segment capital expenditures increased by 24.0% year-over-year, from $57.25M to $71.00M.
What is the long-term trend for Baker Hughes's industrial & energy technology — segment capital expenditures?
Over 3 years (2021 to 2024), Baker Hughes's industrial & energy technology — segment capital expenditures has grown at a 16.0% compound annual growth rate (CAGR), from $182.00M to $284.00M.
What does industrial & energy technology — segment capital expenditures mean?
The amount of money the Industrial & Energy Technology segment spends on physical assets like machinery and facilities to support its long-term operations.