Discontinued — last reported Q4 '24
Oilfield Services & Equipment — Operating Income (Loss)
Baker Hughes Oilfield Services & Equipment — Operating Income (Loss) 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 2 years (FY 2022 to FY 2024), Oilfield Services & Equipment — Operating Income (Loss) shows an upward trend with a 28.7% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
An increase indicates improved operational efficiency or higher margins, while a decrease suggests rising costs or pricing pressure in the oilfield market.
Detailed definition
This metric represents the core profitability of the oilfield services and equipment business segment after deducting op...
Peer comparison
Comparable to segment operating income reported by major oilfield service peers like SLB or Halliburton.
bkr_segment_oilfield_services_equipment_operating_income_lossHistorical Data
| FY'22 | FY'23 | FY'24 | |
|---|---|---|---|
| Value | $1.20B | $1.75B | $1.99B |
| YoY Change | — | +45.4% | +13.9% |
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Frequently Asked Questions
- What is Baker Hughes's oilfield services & equipment — operating income (loss)?
- Baker Hughes (BKR) reported oilfield services & equipment — operating income (loss) of $497.00M in Q4 2024.
- How has Baker Hughes's oilfield services & equipment — operating income (loss) changed year-over-year?
- Baker Hughes's oilfield services & equipment — operating income (loss) 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 — operating income (loss)?
- Over 2 years (2022 to 2024), Baker Hughes's oilfield services & equipment — operating income (loss) has grown at a 28.7% compound annual growth rate (CAGR), from $1.20B to $1.99B.
- What does oilfield services & equipment — operating income (loss) mean?
- The profit generated by the oilfield services and equipment segment from its primary business activities.