Baker Hughes (BKR) Tax Rate (2016 - 2026)
Baker Hughes' Tax Rate was 23.54% in Q2 2026, down 2.93 percentage points from 26.47% a year earlier and down 2.83 percentage points from the prior quarter.
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Analysis
Baker Hughes (BKR) Tax Rate (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Baker Hughes' Tax Rate was 11.12% through Jun 30, 2026, up 3.79 percentage points year-over-year; for FY2025, it was 8.79%, up 0.92 percentage points from FY2024.
- Tax Rate shows a four-year change of -168.31 percentage points (FY2021 to FY2025).
- In earlier years, Tax Rate was 7.87% in FY2024 (-17.93 pp), 25.80% in FY2023 (-2701.47 pp), 2727.27% in FY2022 (+2550.17 pp) and 177.10% in FY2021.
- The Q2 2026 figure marks the lowest quarterly Tax Rate since Q3 2024.
- Compared with a year earlier, Tax Rate was higher in 1 of the last six quarters, with an average year-over-year change of -2.24 percentage points.
- The best year-over-year quarter for Tax Rate over five years was Q3 2022 (a gain of 13.91 percentage points); the worst was Q3 2023 (a drop of 75.29 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 73.81 Bn | 70.26 Bn | 1.57 Bn | 23.45% |
| 2 | Baker Hughes | 47.88 Bn | 9.61 Bn | 1.96 Bn | 18.69% |
| 3 | Halliburton | 26.33 Bn | 18.23 Bn | 840.00 Mn | 18.32% |
| 4 | TechnipFMC | 25.25 Bn | 21.22 Bn | 728.70 Mn | 19.94% |
| 5 | Noble | 6.55 Bn | 4.63 Bn | 228.22 Mn | 830.35% |
| 6 | Nov | 6.31 Bn | 1.20 Bn | 439.00 Mn | 22.76% |
| 7 | Weatherford International | 6.04 Bn | 1.78 Bn | 374.00 Mn | 3.10% |
| 8 | Transocean | 5.85 Bn | 3.89 Bn | 348.00 Mn | - |
| 9 | Valaris | 5.52 Bn | 3.27 Bn | 176.30 Mn | 53.94% |
| 10 | Kodiak Gas Services | 4.21 Bn | 3.97 Bn | 246.76 Mn | 28.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 18.69% |
| Jun 30, 2026 | 23.54% |
| Mar 31, 2026 | 26.37% |
| Sep 30, 2025 | 24.85% |
| Jun 30, 2025 | 26.47% |
| Mar 31, 2025 | 27.09% |
| 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% |
| Mar 31, 2022 | 57.22% |
| Dec 31, 2021 | 51.16% |
| Sep 30, 2021 | 92.34% |
| Jun 30, 2021 | 216.67% |
| Dec 31, 2020 | 37.43% |
API Access
Baker Hughes Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=BKR&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();