Baker Hughes Co

10-K & 10-Q Filings

Baker Hughes Company is an energy technology company with a diversified portfolio of technologies and services that span the energy and industrial value chain. The company's vision is to deliver outcome-based solutions across the energy and industrial markets while transforming the core of its business, investing for growth, and positioning for new energy frontiers. Baker Hughes operates through two segments: Oilfield Services & Equipment (OFSE) and Industrial & Energy Technology (IET). The OFSE segment provides products and services for onshore and offshore oilfield operations, while the IET segment offers solutions for energy customers including on-and offshore, LNG, pipeline and gas storage, refining, petrochemical, distributed gas, nuclear, hydrogen, carbon capture, utilization and storage, clean power and renewables, and infrastructure integrity. The company's website is www.bakerhughes.com, and its ticker symbol is BKR.

12 mos ending Dec 31, 201712 mos ending Dec 31, 201812 mos ending Dec 31, 201912 mos ending Dec 31, 202012 mos ending Dec 31, 202112 mos ending Dec 31, 202212 mos ending Dec 31, 20233 mos ending Mar 31, 20233 mos ending Mar 31, 2024CAGR %YoY %Revenue (+)
$17259.00
22654.00
23601.00
20441.00
20203.00
20904.00
25290.00
5716.00
6377.00
6.58%11.56%Cost of Revenue (-)
$14046.00
18891.00
19406.00
17506.00
16453.00
16756.00
20255.00
4567.00
5140.00
6.29%12.55%Gross Profit (+)
$3213.00
3763.00
4195.00
2935.00
3750.00
4148.00
5035.00
1085.00
1237.00
7.77%14.01%Selling, General & Administrative (-)
$2535.00
2699.00
2832.00
2404.00
2470.00
2510.00
2611.00
655.00
618.00
0.49%-5.65%Non-recurring Operating Expenses (-)
$785.00
586.00
526.00
16773.00
60.00
23.00
Operating Expenses (-)
$3320.00
3285.00
3358.00
36683.00
19192.00
19971.00
2611.00
655.00
618.00
-3.92%-5.65%Costs & Expenses (Total) (-)
$17366.00
22176.00
22764.00
54189.00
35645.00
36727.00
22866.00
5222.00
5765.00
4.69%10.40%Operating Income/Loss (+)
$-107.00
701.00
1074.00
-15978.00
1310.00
1185.00
2317.00
438.00
653.00
49.09%Non-operating Income/Expense (+)
$67.00
63.00
-84.00
1040.00
-583.00
-911.00
554.00
386.00
29.00
42.20%-92.49%Earnings before Tax (+)
$-160.00
680.00
753.00
-15202.00
428.00
22.00
2655.00
760.00
641.00
-15.66%Tax Expense (-)
$71.00
258.00
482.00
559.00
758.00
600.00
685.00
179.00
178.00
45.91%-0.56%Income/Loss (Continuing Operations) (+)
$-231.00
422.00
271.00
-15761.00
-330.00
-578.00
1970.00
581.00
463.00
-20.31%Profit/Loss (+)
$-242.00
283.00
271.00
-15761.00
-330.00
-578.00
1970.00
581.00
463.00
-20.31%Net Income/Loss (NCI) (-)
$-278.00
88.00
143.00
-5821.00
-111.00
23.00
27.00
5.00
8.00
60.00%Net Income/Loss (+)
$-73.00
195.00
128.00
-9940.00
-219.00
-601.00
1943.00
576.00
455.00
-21.01%Net Income/Loss (Common) (+)
$-73.00
195.00
128.00
-9940.00
-219.00
-601.00
1943.00
576.00
455.00
-21.01%EPS (Basic)
$-0.17
0.46
0.23
-14.73
-0.27
-0.61
1.93
0.57
0.46
-19.30%EPS (Diluted)
$-0.17
0.45
0.23
-14.73
-0.27
-0.61
1.91
0.57
0.45
-21.05%Weighted Avg Shares (Basic)
706.98
514.87
653.51
311.43
74.13
1011.22
1000.88
1012.36
998.00
5.96%-1.42%Cash
$7023.00
3723.00
3249.00
4132.00
3853.00
2488.00
2646.00
2415.00
2717.00
-15.01%12.51%Receivables
$6014.00
5969.00
6416.00
5622.00
5651.00
5958.00
7075.00
6291.00
6873.00
2.74%9.25%Inventory
$4590.00
4620.00
4608.00
4421.00
3979.00
4587.00
5094.00
4786.00
5339.00
1.75%11.55%Other Assets (Current)
$872.00
659.00
949.00
2280.00
1582.00
1559.00
1486.00
1894.00
1491.00
9.29%-21.28%Assets (Current)
$18499.00
14971.00
15222.00
16455.00
15065.00
14592.00
16301.00
15386.00
16420.00
-2.09%6.72%Property, Plant & Equipment (Net)
$6959.00
6228.00
6240.00
5358.00
4877.00
4538.00
4893.00
4513.00
4931.00
-5.70%9.26%Goodwill & Intangibles
$26285.00
26436.00
26071.00
10374.00
10090.00
10110.00
10230.00
10039.00
10169.00
-14.55%1.29%Other Assets
$5307.00
4804.00
5836.00
5820.00
5276.00
4941.00
5521.00
5104.00
5621.00
0.66%10.13%Assets (Non-current)
$38551.00
37468.00
38147.00
21552.00
20243.00
19589.00
20644.00
19656.00
20721.00
-9.89%5.42%Assets (Total)
$57050.00
52439.00
53369.00
38007.00
35308.00
34181.00
36945.00
35042.00
37141.00
-6.99%5.99%Accounts Payable
$3377.00
4025.00
4268.00
3532.00
3745.00
4298.00
4471.00
4263.00
4595.00
4.79%7.79%Debt (Current)
$2037.00
942.00
321.00
889.00
40.00
677.00
148.00
684.00
147.00
-35.40%-78.51%Other Liabilities (Current)
$3483.00
4053.00
5425.00
5806.00
5343.00
6100.00
8372.00
6671.00
8437.00
15.74%26.47%Liabilities (Current)
$8897.00
9020.00
10014.00
10227.00
9128.00
11075.00
12991.00
11618.00
13179.00
6.51%13.44%Debt (Non-current)
$6312.00
6285.00
6301.00
6744.00
6687.00
5980.00
5872.00
5975.00
5859.00
-1.20%-1.94%Other Liabilities
$2668.00
2121.00
2555.00
2794.00
2747.00
2601.00
2563.00
2600.00
2553.00
-0.67%-1.81%Liabilities (Non-current)
$8980.00
8406.00
8856.00
9538.00
9434.00
8581.00
8435.00
8575.00
8412.00
-1.04%-1.90%Liabilities (Total)
$17877.00
17426.00
18870.00
19765.00
18562.00
19656.00
21426.00
20193.00
21591.00
3.06%6.92%Retained Earnings
$-73.00
25.00
-9942.00
-10160.00
-10761.00
-8819.00
-10185.00
-8364.00
17.88%AOCI
$-701.00
-1219.00
-1636.00
-1778.00
-2385.00
-2971.00
-2796.00
-3026.00
-2855.00
5.65%Shareholder's Equity
$39173.00
35013.00
34499.00
18242.00
16746.00
14525.00
15519.00
14849.00
15550.00
-14.30%4.72%Liabilities & Equity
$57050.00
52439.00
53369.00
38007.00
35308.00
34181.00
36945.00
35042.00
37141.00
-6.99%5.99%Net Income/Loss
$-242.00
283.00
271.00
-15761.00
-330.00
-578.00
1970.00
581.00
463.00
-20.31%Depreciation & Amortization
$1103.00
1486.00
1418.00
1317.00
1105.00
1061.00
1087.00
269.00
283.00
-0.24%5.20%Increase/Decrease in Working Capital
$1356.00
-274.00
-248.00
-443.00
-614.00
-267.00
-428.00
122.00
-63.00
-151.64%Share-based Compensation
$
207.00
197.00
49.00
51.00
4.08%Adjustments to Reconcile Net Income
$-557.00
1479.00
1855.00
17065.00
2704.00
2466.00
1092.00
-120.00
321.00
367.50%Net Cash (Operating)
$-799.00
1762.00
2126.00
1304.00
2374.00
1888.00
3062.00
461.00
784.00
70.07%Capital Expenditure
$3838.00
678.00
1075.00
626.00
650.00
1617.00
1024.00
264.00
282.00
-19.76%6.82%Net Cash (Investing)
$-4130.00
-578.00
-1045.00
-618.00
-463.00
-1564.00
-817.00
-229.00
-269.00
-17.47%Increase/Decrease in Debt
$3088.00
-1060.00
-587.00
991.00
-936.00
-28.00
-651.00
-5.00
Increase/Decrease in Equity
$-174.00
-387.00
-434.00
-828.00
-538.00
-158.00
Interest Expenses
$109.00
301.00
285.00
50.00
48.00
-4.00%Dividends Paid
$155.00
315.00
395.00
488.00
592.00
726.00
786.00
192.00
210.00
31.07%9.38%Net Cash (Financing)
$10919.00
-4363.00
-1534.00
225.00
-2143.00
-1592.00
-2028.00
-250.00
-427.00
-70.80%Cash Taxes Paid
$230.00
424.00
438.00
163.00
108.00
-33.74%Effect of Exchange Rate
$52.00
-128.00
-21.00
-28.00
-47.00
-97.00
-59.00
-55.00
-17.00
69.09%Increase/Decrease in Cash
$6042.00
-3307.00
-474.00
883.00
-279.00
-1365.00
158.00
-73.00
71.00
-45.52%197.26%Cash (Beginning)
$981.00
7030.00
3723.00
3249.00
4132.00
3853.00
2488.00
2488.00
2646.00
16.78%6.35%Cash (Ending)
$7023.00
3723.00
3249.00
4132.00
3853.00
2488.00
2646.00
2415.00
2717.00
-15.01%12.51%NOPAT
$-260.81
263.91
449.28
-16565.53
-1010.05
-31133.18
1719.21
344.06
542.98
57.81%Gross Margin %
18.62%
16.61%
17.77%
14.36%
18.56%
19.84%
19.91%
18.98%
19.40%
Operating Margin %
-0.62%
3.09%
4.55%
-78.17%
6.48%
5.67%
9.16%
7.66%
10.24%
NOPAT Margin %
-1.51%
1.16%
1.90%
-81.04%
-5.00%
-148.93%
6.80%
6.02%
8.51%
Net Margin %
-0.42%
0.86%
0.54%
-48.63%
-1.08%
-2.88%
7.68%
10.08%
7.14%
Tax Rate %
-143.75%
62.35%
58.17%
-3.68%
177.10%
2727.27%
25.80%
21.45%
16.85%
ROA
-0.46%
0.50%
0.84%
-43.59%
-2.86%
-91.08%
4.65%
0.98%
1.46%
ROE
-0.67%
0.75%
1.30%
-90.81%
-6.03%
-214.34%
11.08%
2.32%
3.49%
ROIC
-0.64%
0.67%
1.16%
-77.47%
-5.00%
-156.17%
8.12%
1.85%
2.84%
Asset Turnover
0.30
0.43
0.44
0.54
0.57
0.61
0.68
0.16
0.17
Inventory Turnover
3.06
4.09
4.21
3.96
4.13
3.65
3.98
0.95
0.96
Equity Multiplier
1.46
1.50
1.55
2.08
2.11
2.35
2.38
2.36
2.39
Current Ratio
2.08
1.66
1.52
1.61
1.65
1.32
1.25
1.32
1.25
Quick Ratio
1.47
1.07
0.97
0.95
1.04
0.76
0.75
0.75
0.73
Debt/Equity Ratio
0.21
0.21
0.19
0.42
0.40
0.46
0.39
0.45
0.39
Interest Coverage Ratio
-0.98
2.33
3.77
8.76
13.60
Working Capital/Sales
0.42
0.30
0.27
0.28
0.26
0.25
0.24
0.71
0.63
Dividend Payout Ratio %
59.43%
119.36%
87.92%
2.95%
58.61%
2.33%
45.72%
55.80%
38.68%
Total Payout
$-2650.00
2063.00
1267.00
-503.00
1962.00
1582.00
1975.00
247.00
416.00
68.42%Payout Ratio %
-1016.06%
781.72%
282.00%
-3.04%
194.25%
5.08%
114.88%
71.79%
76.61%