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

Baker Hughes (BKR) posted Tax Rate of 26.37% for Q1 2026, up 138.79% on a QoQ basis from 67.99% in Q4 2025, and down 72.0% year-over-year from 94.19% in Q1 2025.

Baker Hughes (BKR) Tax Rate (2016 - 2026) Analysis & Trends

Baker Hughes' Tax Rate history runs 11 years deep, the most recent figure standing at 26.37% for Q1 2026.

  • Quarterly Tax Rate fell 72.0% year-over-year to 26.37% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 12.17% (up 492.0% YoY) and the FY2025 annual result came in at 8.79%, up 92.0% from the prior year.
  • Tax Rate was 26.37% for Q1 2026 at Baker Hughes, up from 67.99% 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.
  • A 5-year average of 20.52% and a median of 26.47% in 2025 frame the typical range for Tax Rate.
  • Peak annual rise in Tax Rate reached 7009 bps in 2022, while the deepest fall reached 24445 bps in 2022.
  • Baker Hughes' 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 surged by 139 bps to 26.37% in 2026.
  • Business Quant data shows BKR's Tax Rate at 26.37% in Q1 2026, 67.99% in Q4 2025, and 24.85% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Slb 78.08 Bn 74.69 Bn 5.38 Bn 20.40
2 Tenaris 58.18 Bn 46.31 Bn 1.05 Bn -
3 TechnipFMC 30.64 Bn 29.36 Bn 1.64 Bn 26.95
4 Halliburton 27.87 Bn 25.86 Bn 2.04 Bn 18.45
5 Nov 7.48 Bn 6.14 Bn 379.00 Mn 42.86
6 Weatherford International 6.35 Bn 5.21 Bn 776.00 Mn 44.00
7 Archrock 6.34 Bn 6.34 Bn 247.42 Mn 23.96
8 Oceaneering International 5.28 Bn 4.67 Bn 127.27 Mn 34.15
9 Kodiak Gas Services 5.09 Bn 4.99 Bn 222.88 Mn 13.39
10 Baker Hughes 33.24 Mn -14.73 Bn 1.51 Bn 26.37

Historic Data

Download Data
DateValue
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
Dec 31, 2024 -50.38
Sep 30, 2024 23.29
Sep 30, 2024 23.29