Baker Hughes (BKR) Other Operating Expenses (2016 - 2024)
Baker Hughes (BKR) posted Other Operating Expenses of $5.7 billion for Q4 2024, up 9.68% on a QoQ basis from $5.2 billion in Q3 2024, and up 5.82% year-over-year from $5.4 billion in Q1 2024.
Baker Hughes (BKR) Other Operating Expenses (2016 - 2024) Analysis & Trends
Baker Hughes' Other Operating Expenses history runs 9 years deep, the most recent figure standing at $5.7 billion for Q4 2024.
- Quarterly Other Operating Expenses rose 5.82% year-over-year to $5.7 billion in Q4 2024, while the trailing twelve-month figure through Sep 2025 was $5.7 billion (down 72.89% YoY) and the FY2024 annual result came in at $21.4 billion, up 9.04% from the prior year.
- Other Operating Expenses was $5.7 billion for Q4 2024 at Baker Hughes, up from $5.2 billion in the prior quarter.
- Across five years, Other Operating Expenses topped out at $19.5 billion in Q1 2020 and bottomed at $3.9 billion in Q1 2022.
- A 5-year average of $5.5 billion and a median of $4.6 billion in 2022 frame the typical range for Other Operating Expenses.
- Annual changes were most pronounced in 2020 — Other Operating Expenses surged 316.95% — and 2021, when it plunged 79.72%.
- Baker Hughes' Other Operating Expenses stood at $6.2 billion in 2020, then tumbled by 32.28% to $4.2 billion in 2021, then gained by 8.07% to $4.6 billion in 2022, then climbed by 18.17% to $5.4 billion in 2023, then increased by 5.82% to $5.7 billion in 2024.
- Business Quant data shows BKR's Other Operating Expenses at $5.7 billion in Q4 2024, $5.2 billion in Q3 2024, and $5.5 billion in Q2 2024.
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 | 5.71 Bn |
| Sep 30, 2024 | 5.21 Bn |
| Jun 30, 2024 | 5.49 Bn |
| Mar 31, 2024 | 4.98 Bn |
| Dec 31, 2023 | 5.40 Bn |
| Sep 30, 2023 | 5.30 Bn |
| Jun 30, 2023 | 5.00 Bn |
| Mar 31, 2023 | 4.57 Bn |
| Dec 31, 2022 | 4.57 Bn |
| Sep 30, 2022 | 4.25 Bn |
| Jun 30, 2022 | 4.08 Bn |
| Mar 31, 2022 | 3.87 Bn |
| Dec 31, 2021 | 4.23 Bn |
| Sep 30, 2021 | 4.09 Bn |
| Jun 30, 2021 | 4.18 Bn |
| Mar 31, 2021 | 3.95 Bn |
| Dec 31, 2020 | 6.24 Bn |
| Sep 30, 2020 | 4.32 Bn |
| Jun 30, 2020 | 4.10 Bn |
| Mar 31, 2020 | 19.48 Bn |