Discontinued — last reported Q3 '22
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.
High levels relative to revenue suggest a capital-intensive business model; changes indicate shifts in asset investment cycles.
The non-cash expense allocated to the Oilfield Equipment segment to account for the gradual wear and tear of tangible as...
Standard non-cash expense reported by all capital-intensive industrial segments.
bkr_segment_oilfield_equipment_depreciation_depletion_and_amortization| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '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% |