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| Date | Value |
|---|---|
| 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 |