Discontinued — last reported Q4 '24
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.
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.
This metric represents the total cash outflows used by the Industrial & Energy Technology segment to acquire, upgrade, a...
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.
bkr_segment_industrial_energy_technology_segment_capital_expenditures| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $182.00M | $183.00M | $229.00M | $284.00M |
| YoY Change | — | +0.5% | +25.1% | +24.0% |