Baker Hughes (BKR) Tax Rate (2016 - 2026)
Baker Hughes' (BKR) quarterly Tax Rate came in at 23.54% in Q2 2026, down 293.0% on a YoY basis from 12.2% in Q2 2025, and down 10.73% quarter-over-quarter from 26.37% in Q1 2026.
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Baker Hughes (BKR) Tax Rate (2016 - 2026) Analysis & Trends
Baker Hughes (BKR) has reported Tax Rate for 11 consecutive years, with 23.54% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Rate fell 293.0% year-over-year to 23.54%; the trailing twelve-month figure through Jun 2026 stood at 11.12% (up 379.0% YoY), and the FY2025 full-year result was 8.79%, up 92.0% from the prior year.
- Tax Rate fell to 23.54% in Q2 2026 per BKR's latest filing, from 26.37% in the prior quarter.
- Across five years, Tax Rate topped out at 106.25% in Q3 2022 and bottomed at 67.99% in Q4 2025.
- Historically, Tax Rate has averaged 20.69% across 5 years, with a median of 26.42% in 2025.
- The widest YoY moves for Tax Rate: up 7009 bps in 2022, down 24445 bps in 2022.
- Over 5 years, Tax Rate stood at 45.51% in 2022, then sank by 70 bps to 13.6% in 2023, then tumbled by 470 bps to 50.38% in 2024, then tumbled by 35 bps to 67.99% in 2025, then soared by 135 bps to 23.54% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 23.54%, 26.37%, and 67.99% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.75 Bn | 78.68 Bn | 4.63 Bn | 20.02% |
| 2 | Baker Hughes | 59.07 Bn | 43.35 Bn | 1.58 Bn | 23.54% |
| 3 | Halliburton | 30.05 Bn | 28.00 Bn | 2.10 Bn | 18.98% |
| 4 | Weatherford International | 6.44 Bn | 5.30 Bn | 662.00 Mn | 44.00% |
| 5 | Kodiak Gas Services | 6.11 Bn | 5.97 Bn | 246.76 Mn | 28.81% |
| 6 | Tidewater | 4.50 Bn | 3.88 Bn | 161.54 Mn | 54.31% |
| 7 | USA Compression Partners | 4.01 Bn | 4.00 Bn | 217.36 Mn | 10.72% |
| 8 | Liberty Energy | 3.44 Bn | 2.89 Bn | 208.34 Mn | 17.60% |
| 9 | National Energy Services Reunited | 3.41 Bn | 3.23 Bn | 81.29 Mn | 25.29% |
| 10 | Select Water Solutions | 2.80 Bn | 2.76 Bn | 76.84 Mn | 21.57% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.54% |
| Mar 31, 2026 | 26.37% |
| Dec 31, 2025 | -67.99% |
| Sep 30, 2025 | 24.85% |
| Jun 30, 2025 | 26.47% |
| Mar 31, 2025 | 27.09% |
| Dec 31, 2024 | -50.38% |
| Sep 30, 2024 | 23.29% |
| Jun 30, 2024 | 29.49% |
| Mar 31, 2024 | 27.77% |
| Dec 31, 2023 | 13.60% |
| Sep 30, 2023 | 30.96% |
| Jun 30, 2023 | 32.57% |
| Mar 31, 2023 | 23.55% |
| Dec 31, 2022 | 45.51% |
| Sep 30, 2022 | 106.25% |
| Jun 30, 2022 | -27.79% |
| Mar 31, 2022 | 57.22% |
| Dec 31, 2021 | 51.16% |
| Sep 30, 2021 | 92.34% |