Baker Hughes (BKR) Other Operating Expenses (2016 - 2024)
Baker Hughes (BKR) posted Other Operating Expenses of $5.71 billion for Q4 2024, up 5.8% from $5.4 billion a year earlier and up 9.7% from the prior quarter.
Powered by 
Analysis
Baker Hughes (BKR) Other Operating Expenses (2016 - 2024) Analysis & Trends
For FY2024, Baker Hughes' Other Operating Expenses came in at $21.39 billion, up 9.0% from FY2023.
- Annual Other Operating Expenses has increased for three consecutive years, with a five-year compound annual growth rate of 1.8% (FY2019 to FY2024).
- In prior years, Baker Hughes' Other Operating Expenses was $19.61 billion in FY2023 (+17.1%), $16.76 billion in FY2022 (+1.8%), $16.45 billion in FY2021 (-49.2%) and $32.41 billion in FY2020 (+65.5%).
- The Q4 2024 figure stands as the highest quarterly Other Operating Expenses since Q1 2020.
- On a year-over-year basis, Other Operating Expenses increased in seven of the last eight quarters, with growth averaging 13.3%.
- The strongest year-over-year quarter for Other Operating Expenses in the past five years was Q1 2020, with growth of 316.9%; the weakest was Q1 2021, with a decline of 79.7%.
- According to Business Quant data, Other Operating Expenses for the three prior quarters was $5.21 billion (Q3 2024), $5.49 billion (Q2 2024) and $4.98 billion (Q1 2024).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Slb | 72.31 Bn | 69.42 Bn | 1.40 Bn |
| 2 | Baker Hughes | 54.50 Bn | 17.77 Bn | 1.58 Bn |
| 3 | TechnipFMC | 26.69 Bn | 22.84 Bn | 684.70 Mn |
| 4 | Halliburton | 26.49 Bn | 18.25 Bn | 804.00 Mn |
| 5 | Nov | 6.70 Bn | 1.49 Bn | 521.00 Mn |
| 6 | Noble | 6.66 Bn | 4.59 Bn | 239.27 Mn |
| 7 | Transocean | 5.85 Bn | 3.56 Bn | 358.00 Mn |
| 8 | Weatherford International | 5.65 Bn | 1.58 Bn | 333.00 Mn |
| 9 | Valaris | 5.44 Bn | 3.06 Bn | 123.70 Mn |
| 10 | Kodiak Gas Services | 5.35 Bn | 5.11 Bn | 246.76 Mn |
Historic Data
Download Data
Historic 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 | 4.51 Bn |
| Sep 30, 2020 | 4.32 Bn |
| Jun 30, 2020 | 4.10 Bn |
| Mar 31, 2020 | 19.48 Bn |
API Access
Baker Hughes Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=BKR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();