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

Baker Hughes (BKR) posted Asset Writedowns and Impairment of $77.0 million for Q4 2024, up 326.47% on a QoQ basis from -$34.0 million in Q4 2023, and up 326.47% year-over-year from $18.1 million in Q1 2024.

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

Baker Hughes' Asset Writedowns and Impairment history runs 5 years deep, the most recent figure standing at $77.0 million for 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 was $77.0 million for Q4 2024 at Baker Hughes, up from -$34.0 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $439.0 million in Q4 2020 and bottomed at -$34.0 million in Q4 2023.
  • A 4-year average of $95.7 million and a median of $36.5 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • Annual changes were most pronounced in 2023 — Asset Writedowns and Impairment sank 125.19% — and 2024, when it soared 326.47%.
  • Baker Hughes' Asset Writedowns and Impairment stood at $439.0 million in 2020, then slumped by 69.25% to $135.0 million in 2022, then sank by 125.19% to -$34.0 million in 2023, then surged by 326.47% to $77.0 million in 2024.
  • Business Quant data shows BKR's Asset Writedowns and Impairment at $77.0 million in Q4 2024, -$34.0 million in Q4 2023, and $15.0 million in Q2 2023.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn

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 135.00 Mn
Dec 31, 2022 135.00 Mn
Jun 30, 2022 31.00 Mn
Jun 30, 2022 31.00 Mn
Dec 31, 2020 439.00 Mn
Dec 31, 2020 439.00 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 218.00 Mn
Mar 31, 2020 218.00 Mn