Discontinued — last reported Q3 '22

Business Segments · Depreciation, Depletion and Amortization

Oilfield Equipment — Depreciation, Depletion and Amortization

Baker Hughes Oilfield Equipment — Depreciation, Depletion and Amortization remained flat by 0.0% to $20.00M in Q3 2022 compared to the prior quarter. Year-over-year, this metric declined by 9.1%, from $22.00M to $20.00M.

Analysis

StatementSegment
CategoryEfficiency
SignalContext dependent
VolatilityStable
First reportedQ1 2016
Last reportedQ3 2022
Rolls up toD&A

How to read this metric

High levels relative to revenue suggest a capital-intensive business model; changes indicate shifts in asset investment cycles.

Detailed definition

The non-cash expense allocated to the Oilfield Equipment segment to account for the gradual wear and tear of tangible as...

Peer comparison

Standard non-cash expense reported by all capital-intensive industrial segments.

Metric ID: bkr_segment_oilfield_equipment_depreciation_depletion_and_amortization

Historical Data

6 periods
 Q2 '21Q3 '21Q4 '21Q1 '22Q2 '22Q3 '22
Value$26.00M$22.00M$23.00M$21.00M$20.00M$20.00M
QoQ Change-15.4%+4.5%-8.7%-4.8%+0.0%
YoY Change-23.1%-9.1%
Range$20.00M$26.00M
CAGR-18.9%
Avg YoY Growth-16.1%
Median YoY Growth-16.1%

Frequently Asked Questions

What is Baker Hughes's oilfield equipment — depreciation, depletion and amortization?
Baker Hughes (BKR) reported oilfield equipment — depreciation, depletion and amortization of $20.00M in Q3 2022.
How has Baker Hughes's oilfield equipment — depreciation, depletion and amortization changed year-over-year?
Baker Hughes's oilfield equipment — depreciation, depletion and amortization decreased by 9.1% year-over-year, from $22.00M to $20.00M.
What does oilfield equipment — depreciation, depletion and amortization mean?
The non-cash cost of using up physical and intangible assets in the Oilfield Equipment segment.