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.
Powered by 
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 five-year change of +12.47 percentage points (FY2020 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 (+180.78 pp).
- Quarterly Tax Rate has moved between -67.99% (Q4 2025) and 106.25% (Q3 2022) over five years.
- Compared with a year earlier, Tax Rate has declined for three straight quarters, with an average year-over-year change of -11.88 percentage points over the last eight quarters.
- The best year-over-year quarter for Tax Rate over five years was Q3 2021 (a gain of 94.62 percentage points); the worst was Q2 2022 (a drop of 244.45 percentage points).
- Per Business Quant data, BKR's Tax Rate in the three quarters before Q2 2026 was 26.37% (Q1 2026), -67.99% (Q4 2025) and 24.85% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.03 Bn | 71.14 Bn | 1.40 Bn | 20.02% |
| 2 | Baker Hughes | 55.51 Bn | 18.79 Bn | 1.58 Bn | 23.54% |
| 3 | TechnipFMC | 27.04 Bn | 23.19 Bn | 684.70 Mn | 23.96% |
| 4 | Halliburton | 26.27 Bn | 18.03 Bn | 804.00 Mn | 18.98% |
| 5 | Nov | 6.79 Bn | 1.58 Bn | 521.00 Mn | 26.11% |
| 6 | Noble | 6.70 Bn | 4.63 Bn | 239.27 Mn | - |
| 7 | Transocean | 5.82 Bn | 3.53 Bn | 358.00 Mn | 7.61% |
| 8 | Weatherford International | 5.77 Bn | 1.71 Bn | 333.00 Mn | 44.00% |
| 9 | Valaris | 5.44 Bn | 3.05 Bn | 123.70 Mn | 41.69% |
| 10 | Kodiak Gas Services | 5.22 Bn | 4.99 Bn | 246.76 Mn | 28.81% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |
| Dec 31, 2019 | 69.38% |
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();