Baker Hughes BKR
NASDAQ BKR
$62.34 -0.44 (-0.70%)
At close: Aug 21, 2026 · 4:00 PM EDT

Baker Hughes (BKR) Asset Writedowns and Impairment (2019 - 2024)

Baker Hughes' (BKR) quarterly Asset Writedowns and Impairment came in at $77.0 million in Q4 2024, up 326.47% YoY from $18.1 million in Q1 2024, and up 326.47% on a QoQ basis from -$34.0 million in Q4 2023.

Baker Hughes (BKR) Asset Writedowns and Impairment (2019 - 2024) Analysis & Trends

Baker Hughes (BKR) has 6 years of Asset Writedowns and Impairment data on file, last reported at $77.0 million in Q4 2024.

  • Quarterly Asset Writedowns and Impairment rose 326.47% year-over-year to $77.0 million in Q4 2024, while the trailing twelve-month figure through Dec 2024 was $77.0 million (up 7800.0% YoY) and the FY2024 annual result came in at $77.0 million, up 7800.0% from the prior year.
  • Asset Writedowns and Impairment grew to $77.0 million in Q4 2024, from -$34.0 million in the prior quarter.
  • In the past five years, Asset Writedowns and Impairment ranged from a high of $725.0 million in Q1 2020 to a low of -$260.0 million in Q4 2022.
  • A 5-year average of $61.6 million and a median of $17.0 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment tumbled 1757.14% — and 2024, when it soared 326.47%.
  • Tracing BKR's Asset Writedowns and Impairment over 5 years: stood at $42.0 million in 2020, then sank by 133.33% to -$14.0 million in 2021, then plunged by 1757.14% to -$260.0 million in 2022, then soared by 86.92% 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.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 80.33 Bn 76.25 Bn 4.63 Bn
2 Baker Hughes 61.93 Bn 46.20 Bn 1.58 Bn
3 Tenaris 53.10 Bn 44.08 Bn 984.66
4 TechnipFMC 30.78 Bn 29.54 Bn 1.40 Bn
5 Halliburton 29.58 Bn 27.53 Bn 2.10 Bn
6 Nov 7.35 Bn 6.19 Bn 521.00 Mn
7 Weatherford International 6.52 Bn 5.39 Bn 662.00 Mn
8 Kodiak Gas Services 5.83 Bn 5.69 Bn 246.76 Mn
9 Archrock 5.52 Bn 5.52 Bn 244.51 Mn
10 Oceaneering International 5.28 Bn 4.65 Bn 156.98 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 77.00 Mn
Dec 31, 2024 77.00 Mn
Dec 31, 2023 -34.00 Mn
Dec 31, 2023 -34.00 Mn
Jun 30, 2023 15.00 Mn
Jun 30, 2023 15.00 Mn
Mar 31, 2023 18.00 Mn
Mar 31, 2023 18.00 Mn
Dec 31, 2022 -260.00 Mn
Dec 31, 2022 -260.00 Mn
Jun 30, 2022 31.00 Mn
Jun 30, 2022 31.00 Mn
Dec 31, 2021 -14.00 Mn
Dec 31, 2021 -14.00 Mn
Sep 30, 2020 42.00 Mn
Sep 30, 2020 42.00 Mn
Jun 30, 2020 16.00 Mn
Jun 30, 2020 16.00 Mn
Mar 31, 2020 725.00 Mn
Mar 31, 2020 725.00 Mn