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