Baker Hughes (BKR) Asset Writedowns and Impairment (2020 - 2024)

Baker Hughes has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $77.0 million in Q4 2024.

• For the quarter ending Q4 2024, Asset Writedowns and Impairment rose 326.47% year-over-year to $77.0 million; the trailing twelve-month figure through Dec 2024 stood at $77.0 million (up 7800.0% YoY), and the FY2024 full-year result was $77.0 million, up 7800.0% from the prior year.
• Asset Writedowns and Impairment for Q4 2024 stood at $77.0 million, up from -$34.0 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $725.0 million in Q1 2020, with the low at -$34.0 million in Q4 2023.
• Historically, Asset Writedowns and Impairment has averaged $98.7 million across 4 years, with a median of $18.0 million in 2023.
• Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment plunged 1600.0% — and 2024, when it soared 326.47%.
• Baker Hughes' Asset Writedowns and Impairment stood at $42.0 million in 2020, then sank by 104.76% to -$2.0 million in 2022, then sank by 1600.0% to -$34.0 million in 2023, then soared by 326.47% to $77.0 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $77.0 million (Q4 2024), -$34.0 million (Q4 2023), and $15.0 million (Q2 2023), per Business Quant data.