See more : Falcon Metals Limited (FAL.AX) Income Statement Analysis – Financial Results
Complete financial analysis of Baker Hughes Company (BKR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Baker Hughes Company, a leading company in the Oil & Gas Equipment & Services industry within the Energy sector.
- Kalyan Jewellers India Limited (KALYANKJIL.BO) Income Statement Analysis – Financial Results
- Rashi Peripherals Limited (RPTECH.NS) Income Statement Analysis – Financial Results
- Fastighetsbolaget Emilshus AB (publ) (EMIL-PREF.ST) Income Statement Analysis – Financial Results
- ScS Group plc (SCS.L) Income Statement Analysis – Financial Results
- Parent Capital Corp. (CEYFF) Income Statement Analysis – Financial Results
Baker Hughes Company (BKR)
About Baker Hughes Company
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 25.51B | 21.16B | 20.54B | 20.71B | 23.84B | 22.88B | 17.18B | 13.27B | 16.69B | 19.19B |
| Cost of Revenue | 20.22B | 16.76B | 16.49B | 17.51B | 19.41B | 18.89B | 14.14B | 10.12B | 12.19B | 14.28B |
| Gross Profit | 5.29B | 4.40B | 4.05B | 3.20B | 4.43B | 3.99B | 3.04B | 3.15B | 4.50B | 4.91B |
| Gross Profit Ratio | 20.72% | 20.80% | 19.72% | 15.45% | 18.59% | 17.42% | 17.67% | 23.71% | 26.94% | 25.59% |
| Research & Development | 658.00M | 556.00M | 492.00M | 595.00M | 687.00M | 700.00M | 501.00M | 352.00M | 408.00M | 420.00M |
| General & Administrative | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 2.61B | 2.51B | 2.47B | 2.40B | 2.83B | 2.70B | 2.54B | 1.94B | 2.12B | 2.40B |
| Other Expenses | 0.00 | -911.00M | -583.00M | 1.04B | -84.00M | 202.00M | 80.00M | 27.00M | 100.00M | 0.00 |
| Operating Expenses | 2.93B | 2.51B | 2.47B | 2.40B | 2.83B | 2.70B | 2.54B | 1.94B | 2.12B | 2.39B |
| Cost & Expenses | 23.19B | 19.27B | 18.96B | 19.91B | 22.24B | 21.59B | 16.68B | 12.06B | 14.31B | 16.67B |
| Interest Income | 0.00 | 252.00M | 271.00M | 264.00M | 237.00M | 0.00 | 0.00 | 0.00 | 0.00 | 186.00M |
| Interest Expense | 216.00M | 252.00M | 299.00M | 264.00M | 237.00M | 223.00M | 131.00M | 102.00M | 120.00M | 0.00 |
| Depreciation & Amortization | 1.09B | 1.06B | 1.11B | 1.32B | 1.42B | 1.49B | 1.10B | 550.00M | 530.00M | 586.00M |
| EBITDA | 3.96B | 1.34B | 1.83B | -13.62B | 2.41B | 2.25B | 888.00M | 1.24B | -634.00M | 3.10B |
| EBITDA Ratio | 15.52% | 9.64% | 10.23% | 15.22% | 12.31% | 12.40% | 9.74% | 13.45% | 18.04% | 16.13% |
| Operating Income | 2.32B | 1.19B | 996.00M | 1.84B | 1.52B | 701.00M | -284.00M | 659.00M | -138.00M | 2.51B |
| Operating Income Ratio | 9.08% | 5.60% | 4.85% | 8.86% | 6.36% | 3.06% | -1.65% | 4.97% | -0.83% | 13.07% |
| Total Other Income/Expenses | 338.00M | -1.16B | -882.00M | 776.00M | -321.00M | -160.00M | -239.00M | -301.00M | -1.90B | -173.00M |
| Income Before Tax | 2.66B | 22.00M | 428.00M | -15.20B | 753.00M | 541.00M | -346.00M | 584.00M | -158.00M | 2.34B |
| Income Before Tax Ratio | 10.41% | 0.10% | 2.08% | -73.42% | 3.16% | 2.36% | -2.01% | 4.40% | -0.95% | 12.17% |
| Income Tax Expense | 685.00M | 600.00M | 758.00M | 559.00M | 482.00M | 258.00M | 45.00M | 250.00M | 473.00M | 484.00M |
| Net Income | 1.94B | -578.00M | -330.00M | -15.76B | 271.00M | 195.00M | -61.00M | 403.00M | -606.00M | 1.84B |
| Net Income Ratio | 7.62% | -2.73% | -1.61% | -76.12% | 1.14% | 0.85% | -0.36% | 3.04% | -3.63% | 9.59% |
| EPS | 1.93 | -0.59 | -0.40 | -23.35 | 0.49 | 0.46 | -0.14 | 0.94 | -1.41 | 0.00 |
| EPS Diluted | 1.91 | -0.59 | -0.40 | -23.35 | 0.49 | 0.45 | -0.14 | 0.94 | -1.41 | 0.00 |
| Weighted Avg Shares Out | 1.01B | 987.00M | 824.00M | 675.00M | 555.00M | 423.91M | 427.00M | 429.00M | 429.00M | 0.00 |
| Weighted Avg Shares Out (Dil) | 1.02B | 987.00M | 824.00M | 675.00M | 557.00M | 433.33M | 427.00M | 430.00M | 430.00M | 0.00 |
3 Top Value Stocks to Buy in December
Baker Hughes Expands in Namibia With New Oil & Gas Facilities
Why Is Baker Hughes (BKR) Up 19.8% Since Last Earnings Report?
Baker Hughes Expands Namibian Presence with Liquid Mud Plant, Cement Bulk and Multi-Modal Facilities
Baker Hughes Digital Transformation Strategy and Innovation Programs 2024
2 Top Energy Stocks To Own During Trump's Presidency
Here's Why Hold Strategy is Apt for Baker Hughes Stock
Final Trades: Bitcoin, Abbvie and Baker Hughes
Innovative Baker Hughes Emissions Abatement Solution Chosen to Reduce Routine Flaring at SOCAR's Baku Oil Refinery
Woodside Teams up With Baker Hughes and Bechtel to Pedal for a Purpose
Source: https://incomestatements.info
Category: Stock Reports