Discontinued — last reported Q4 '24
Oilfield Services & Equipment — Pre-Tax Income
Baker Hughes Oilfield Services & Equipment — Pre-Tax Income remained flat by 0.0% to $497.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 13.9%, from $436.50M to $497.00M. Over 3 years (FY 2021 to FY 2024), Oilfield Services & Equipment — Pre-Tax Income shows an upward trend with a 33.8% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase reflects stronger overall segment performance and profitability, while a decrease signals potential headwinds or increased non-operating costs.
Detailed definition
This metric measures the earnings of the oilfield services and equipment segment after all operating and non-operating e...
Peer comparison
Commonly reported as pre-tax segment income in the financial disclosures of diversified industrial and energy service companies.
bkr_segment_oilfield_services_equipment_income_before_income_taxesHistorical Data
| FY'21 | FY'22 | FY'23 | FY'24 | |
|---|---|---|---|---|
| Value | $830.00M | $1.20B | $1.75B | $1.99B |
| YoY Change | — | +44.7% | +45.4% | +13.9% |
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment — pre-tax income?
- Baker Hughes (BKR) reported oilfield services & equipment — pre-tax income of $497.00M in Q4 2024.
- How has Baker Hughes's oilfield services & equipment — pre-tax income changed year-over-year?
- Baker Hughes's oilfield services & equipment — pre-tax income increased by 13.9% year-over-year, from $436.50M to $497.00M.
- What is the long-term trend for Baker Hughes's oilfield services & equipment — pre-tax income?
- Over 3 years (2021 to 2024), Baker Hughes's oilfield services & equipment — pre-tax income has grown at a 33.8% compound annual growth rate (CAGR), from $830.00M to $1.99B.
- What does oilfield services & equipment — pre-tax income mean?
- The total pre-tax earnings generated specifically by the oilfield services and equipment business unit.