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Baker Hughes BKR Operating Income
Discontinued — last reported Q4 '24
Operating Income at other companies
Other financials
Where this comes from
Reported directly by Baker Hughes in its filing.
Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.
The source filing: Baker Hughes’s 10-K, filed February 4, 2025.
- Filed
- Feb 4, 2025
- Fiscal year
- FY2024
- Accession
- 0001701605-25-000035
| (In millions, except per share amounts) | Year Ended December 31, 2024 | Year Ended December 31, 2023 | Year Ended December 31, 2022 |
|---|---|---|---|
| Selling, general and administrative | 2,458 | 2,611 | 2,510 |
| Restructuring, impairment and other | 301 | 323 | 705 |
| Total costs and expenses | 24,748 | 23,189 | 19,971 |
| Operating income | 3,081 | 2,317 | 1,185 |
| Other non-operating income (loss), net | 382 | 554 | (911) |
| Interest expense, net | (198) | (216) | (252) |
| Income before income taxes | 3,265 | 2,655 | 22 |
| Provision for income taxes | (257) | (685) | (600) |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is Baker Hughes's operating income?
- Baker Hughes (BKR) reported operating income of $665M 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 $651M to $665M.
- 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?
- Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.
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