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| Date | Value |
|---|---|
| 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 |