Baker Hughes Past Earnings Performance

Past criteria checks 4/6

Baker Hughes has been growing earnings at an average annual rate of 68.8%, while the Energy Services industry saw earnings growing at 35.8% annually. Revenues have been growing at an average rate of 3.4% per year. Baker Hughes's return on equity is 13.9%, and it has net margins of 8.2%.

Key information

68.8%

Earnings growth rate

69.0%

EPS growth rate

Energy Services Industry Growth	36.3%
Revenue growth rate	3.4%
Return on equity	13.9%
Net Margin	8.2%
Next Earnings Update	30 Jan 2025

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Baker Hughes makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

BASE:BKR Revenue, expenses and earnings (USD Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	27,300	2,240	2,519
30 Jun 24	27,033	1,992	2,539
31 Mar 24	26,208	1,822	2,592
31 Dec 23	25,506	1,943	2,629
30 Sep 23	24,576	1,685	2,616
30 Jun 23	23,304	1,151	2,610
31 Mar 23	22,037	-97	2,538
31 Dec 22	21,156	-601	2,504
30 Sep 22	20,736	-490	2,476
30 Jun 22	20,460	-466	2,463
31 Mar 22	20,555	305	2,481
31 Dec 21	20,502	-219	2,447
30 Sep 21	20,512	140	2,417
30 Jun 21	20,469	-38	2,375
31 Mar 21	20,062	-165	2,320
31 Dec 20	20,705	-9,940	2,405
30 Sep 20	21,558	-10,544	2,571
30 Jun 20	22,390	-10,317	2,674
31 Mar 20	23,648	-10,131	2,791
31 Dec 19	23,838	128	2,827
30 Sep 19	23,755	211	2,814
30 Jun 19	23,538	167	2,744
31 Mar 19	23,093	157	2,692
31 Dec 18	22,877	195	2,654
30 Sep 18	22,411	95	2,694
30 Jun 18	22,047	-52	2,881
31 Mar 18	19,514	-33	2,690
31 Dec 17	17,179	-103	2,475
30 Sep 17	14,896	-134	2,200
30 Jun 17	12,619	0	1,890
31 Mar 17	12,926	-141	1,905
31 Dec 16	13,082	0	1,931
31 Dec 15	16,688	0	2,115
31 Dec 14	19,191	1,840	2,402

Quality Earnings: BKR has high quality earnings.

Growing Profit Margin: BKR's current net profit margins (8.2%) are higher than last year (6.9%).

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: BKR has become profitable over the past 5 years, growing earnings by 68.8% per year.

Accelerating Growth: BKR's earnings growth over the past year (32.9%) is below its 5-year average (68.8% per year).

Earnings vs Industry: BKR earnings growth over the past year (32.9%) exceeded the Energy Services industry 18.6%.

Return on Equity

High ROE: BKR's Return on Equity (13.9%) is considered low.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/26 09:52
End of Day Share Price	2024/12/24 00:00
Earnings	2024/09/30
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Baker Hughes Company is covered by 56 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
William Selesky	Argus Research Company
Waqar Syed	ATB Capital Markets
Finbarr MacCarthy	Atlantic Equities LLP