Operating Income
Baker Hughes Operating Income decreased by 28.5% to $665.00M in Q4 2024 compared to the prior quarter. Year-over-year, this metric grew by 2.2%, from $651.00M to $665.00M. Over 3 years (FY 2021 to FY 2024), Operating Income shows an upward trend with a 33.0% CAGR. This decline may warrant attention — for this metric, higher values are generally preferred.
Analysis
How to read this metric
Growth in operating income suggests that the core business is becoming more profitable and efficient.
Detailed definition
The profit realized from a business's own operations after deducting operating expenses like wages, depreciation, and co...
Peer comparison
This is a key metric for comparing the fundamental business performance of companies with different tax or debt structures.
is_operating_incomeHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $194.00M | $378.00M | $574.00M | $279.00M | -$25.00M | $269.00M | $662.00M | $438.00M | $514.00M | $714.00M | $651.00M | $653.00M | $833.00M | $930.00M | $665.00M |
| QoQ Change | — | +94.8% | +51.9% | -51.4% | -109.0% | >999% | +146.1% | -33.8% | +17.4% | +38.9% | -8.8% | +0.3% | +27.6% | +11.6% | -28.5% |
| YoY Change | — | — | — | — | -112.9% | -28.8% | +15.3% | +57.0% | >999% | +165.4% | -1.7% | +49.1% | +62.1% | +30.3% | +2.2% |
Business Segments
| Segment | FY'22 | FY'23 |
|---|---|---|
| Oilfield Services & Equipment and Industrial & Energy Technology | $2.34B | $3.06B |
| Oilfield Services & Equipment | $1.20B | $1.75B |
| Industrial & Energy Technology | $1.14B | $1.31B |
| Total | $1.19B | $2.32B |
All segment values are derived from annual filings.
Industrial & Energy Technology, Oilfield Services & Equipment, Oilfield Services & Equipment and Industrial & Energy Technology were previously reported and have since been discontinued or reclassified. Only currently active segments are shown in the chart.
Operating Income at Other Companies
Frequently Asked Questions
- What is Baker Hughes's operating income?
- Baker Hughes (BKR) reported operating income of $665.00M in Q4 2024.
- How has Baker Hughes's operating income changed year-over-year?
- Baker Hughes's operating income increased by 2.2% year-over-year, from $651.00M to $665.00M.
- What is the long-term trend for Baker Hughes's operating income?
- Over 3 years (2021 to 2024), Baker Hughes's operating income has grown at a 33.0% compound annual growth rate (CAGR), from $1.31B to $3.08B.
- What does operating income mean?
- The profit earned from core business activities, before accounting for interest and taxes.