Baker Hughes (BKR) Other Operating Expenses (2016 - 2024)

Baker Hughes (BKR) reported Other Operating Expenses of $6.0 billion for Q4 2024, up 7.23% on a YoY basis from $5.6 billion in Q1 2024, and up 14.27% quarter-over-quarter from $5.2 billion in Q3 2024.

Baker Hughes (BKR) Other Operating Expenses (2016 - 2024) Analysis & Trends

Baker Hughes has reported Other Operating Expenses for 9 years, with the latest figure at $6.0 billion in Q4 2024.

  • For the quarter ending Q4 2024, Other Operating Expenses rose 7.23% year-over-year to $6.0 billion; the trailing twelve-month figure through Sep 2025 stood at $6.0 billion (down 71.99% YoY), and the FY2024 full-year result was $21.4 billion, up 9.04% from the prior year.
  • Other Operating Expenses for Q4 2024 stood at $6.0 billion, up from $5.2 billion in the prior quarter.
  • The five-year high for Other Operating Expenses was $20.8 billion in Q1 2020, with the low at $3.9 billion in Q1 2022.
  • Historically, Other Operating Expenses has averaged $5.5 billion across 5 years, with a median of $4.6 billion in 2022.
  • Annual changes were most pronounced in 2020 — Other Operating Expenses soared 345.3% — and 2021, when it slumped 80.63%.
  • Baker Hughes' Other Operating Expenses stood at $4.7 billion in 2020, then decreased by 9.75% to $4.3 billion in 2021, then advanced by 7.48% to $4.6 billion in 2022, then advanced by 20.73% to $5.6 billion in 2023, then increased by 7.23% to $6.0 billion in 2024.
  • The last three Other Operating Expenses figures came in at $6.0 billion (Q4 2024), $5.2 billion (Q3 2024), and $5.5 billion (Q2 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Slb 82.25 Bn 80.04 Bn 4.67 Bn
2 Baker Hughes 61.96 Bn 47.38 Bn 1.51 Bn
3 Halliburton 32.79 Bn 30.84 Bn 2.04 Bn
4 TechnipFMC 26.73 Bn 25.47 Bn 1.49 Bn
5 Enerflex 8.62 Bn 8.57 Bn -
6 Nov 7.27 Bn 5.98 Bn 119.00 Mn
7 Weatherford International 6.99 Bn 5.94 Bn 876.00 Mn
8 Archrock 5.95 Bn 5.95 Bn 247.42 Mn
9 Kodiak Gas Services 5.60 Bn 5.50 Bn 222.88 Mn
10 Liberty Energy 4.61 Bn 3.91 Bn 177.37 Mn

Historic Data

Download Data
DateValue
Dec 31, 2024 5.95 Bn
Sep 30, 2024 5.21 Bn
Jun 30, 2024 5.51 Bn
Mar 31, 2024 4.98 Bn
Dec 31, 2023 5.55 Bn
Sep 30, 2023 5.30 Bn
Jun 30, 2023 5.11 Bn
Mar 31, 2023 4.62 Bn
Dec 31, 2022 4.60 Bn
Sep 30, 2022 4.48 Bn
Jun 30, 2022 4.45 Bn
Mar 31, 2022 3.94 Bn
Dec 31, 2021 4.28 Bn
Sep 30, 2021 4.11 Bn
Jun 30, 2021 4.31 Bn
Mar 31, 2021 4.03 Bn
Dec 31, 2020 4.74 Bn
Sep 30, 2020 4.53 Bn
Jun 30, 2020 4.20 Bn
Mar 31, 2020 20.81 Bn