Baker Hughes (BKR) Tax Rate (2016 - 2026)

Baker Hughes has reported Tax Rate for 11 years, with the latest figure at 26.37% in Q1 2026.

• For the quarter ending Q1 2026, Tax Rate fell 72.0% year-over-year to 26.37%; the trailing twelve-month figure through Mar 2026 stood at 12.17% (up 492.0% YoY), and the FY2025 full-year result was 8.79%, up 92.0% from the prior year.
• Tax Rate for Q1 2026 stood at 26.37%, up from 67.99% in the prior quarter.
• The five-year high for Tax Rate was 106.25% in Q3 2022, with the low at 67.99% in Q4 2025.
• Historically, Tax Rate has averaged 20.52% across 5 years, with a median of 26.47% in 2025.
• The largest YoY upside for Tax Rate was 7009 bps in 2022 against a maximum downside of 24445 bps in 2022.
• Baker Hughes' Tax Rate 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 soared by 139 bps to 26.37% in 2026.
• The last three Tax Rate figures came in at 26.37% (Q1 2026), 67.99% (Q4 2025), and 24.85% (Q3 2025), per Business Quant data.