Baker Hughes (BKR) Tax Rate (2016 - 2026)
Baker Hughes' (BKR) quarterly Tax Rate came in at 23.54% in Q2 2026, down 293.0% YoY from 12.2% in Q2 2025, and down 10.73% on a QoQ basis from 26.37% in Q1 2026.
Baker Hughes (BKR) Tax Rate (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has 11 years of Tax Rate data on file, last reported at 23.54% in Q2 2026.
- Quarterly Tax Rate fell 293.0% year-over-year to 23.54% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 11.12% (up 379.0% YoY) and the FY2025 annual result came in at 8.79%, up 92.0% from the prior year.
- Tax Rate slipped to 23.54% in Q2 2026, from 26.37% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 106.25% in Q3 2022 to a low of 67.99% in Q4 2025.
- A 5-year average of 20.69% and a median of 26.42% in 2025 frame the typical range for Tax Rate.
- The widest YoY moves for Tax Rate: up 7009 bps in 2022, down 24445 bps in 2022.
- Tracing BKR's Tax Rate over 5 years: stood at 45.51% in 2022, then tumbled by 70 bps to 13.6% in 2023, then sank by 470 bps to 50.38% in 2024, then sank by 35 bps to 67.99% in 2025, then jumped by 135 bps to 23.54% in 2026.
- The last three Tax Rate figures came in at 23.54% (Q2 2026), 26.37% (Q1 2026), and 67.99% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 79.95 Bn | 75.87 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 62.26 Bn | 46.53 Bn | 1.58 Bn | 23.54% |
| 3 | Tenaris | 53.14 Bn | 44.12 Bn | 984.66 | -14.27% |
| 4 | TechnipFMC | 30.70 Bn | 29.46 Bn | 1.40 Bn | 23.78% |
| 5 | Halliburton | 29.75 Bn | 27.71 Bn | 2.10 Bn | 18.98% |
| 6 | Nov | 7.28 Bn | 6.12 Bn | 521.00 Mn | 26.11% |
| 7 | Weatherford International | 6.57 Bn | 5.43 Bn | 662.00 Mn | 44.00% |
| 8 | Kodiak Gas Services | 5.74 Bn | 5.61 Bn | 246.76 Mn | 28.81% |
| 9 | Archrock | 5.62 Bn | 5.62 Bn | 244.51 Mn | 27.77% |
| 10 | Oceaneering International | 5.22 Bn | 4.59 Bn | 156.98 Mn | 26.14% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 23.54% |
| Jun 30, 2026 | 23.54% |
| Jun 30, 2026 | 23.54% |
| Mar 31, 2026 | 26.37% |
| Mar 31, 2026 | 26.37% |
| Mar 31, 2026 | 26.37% |
| Dec 31, 2025 | -67.99% |
| Dec 31, 2025 | -67.99% |
| Dec 31, 2025 | -67.99% |
| Sep 30, 2025 | 24.85% |
| Sep 30, 2025 | 24.85% |
| Sep 30, 2025 | 24.85% |
| Jun 30, 2025 | 26.47% |
| Jun 30, 2025 | 26.47% |
| Jun 30, 2025 | 26.47% |
| Mar 31, 2025 | 27.09% |
| Mar 31, 2025 | 27.09% |
| Mar 31, 2025 | 27.09% |
| Dec 31, 2024 | -50.38% |
| Dec 31, 2024 | -50.38% |