Baker Hughes Past Earnings Performance
Past criteria checks 3/6
Baker Hughes has been growing earnings at an average annual rate of 38.3%, while the Energy Services industry saw earnings growing at 25.5% annually. Revenues have been declining at an average rate of 0.4% per year. Baker Hughes's return on equity is 12.7%, and it has net margins of 7.6%.
Key information
38.3%
Earnings growth rate
37.0%
EPS growth rate
| Energy Services Industry Growth | -29.9% |
| Revenue growth rate | -0.4% |
| Return on equity | 12.7% |
| Net Margin | 7.6% |
| Last Earnings Update | 31 Dec 2023 |
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
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 25,506 | 1,943 | 2,611 | 0 |
| 30 Sep 23 | 24,576 | 1,685 | 2,615 | 0 |
| 30 Jun 23 | 23,304 | 1,151 | 2,609 | 0 |
| 31 Mar 23 | 22,037 | -97 | 2,537 | 0 |
| 31 Dec 22 | 21,156 | -601 | 2,503 | 0 |
| 30 Sep 22 | 20,736 | -490 | 2,476 | 0 |
| 30 Jun 22 | 20,460 | -466 | 2,463 | 0 |
| 31 Mar 22 | 20,555 | 305 | 2,481 | 0 |
| 31 Dec 21 | 20,502 | -219 | 2,447 | 0 |
| 30 Sep 21 | 20,512 | 140 | 2,417 | 0 |
| 30 Jun 21 | 20,469 | -38 | 2,375 | 0 |
| 31 Mar 21 | 20,062 | -165 | 2,320 | 0 |
| 31 Dec 20 | 20,705 | -9,940 | 2,405 | 0 |
| 30 Sep 20 | 21,558 | -10,544 | 2,571 | 0 |
| 30 Jun 20 | 22,390 | -10,317 | 2,674 | 0 |
| 31 Mar 20 | 23,648 | -10,131 | 2,791 | 0 |
| 31 Dec 19 | 23,838 | 128 | 2,827 | 0 |
| 30 Sep 19 | 23,755 | 211 | 2,814 | 0 |
| 30 Jun 19 | 23,538 | 167 | 2,744 | 0 |
| 31 Mar 19 | 23,093 | 157 | 2,692 | 0 |
| 31 Dec 18 | 22,877 | 195 | 2,654 | 0 |
| 30 Sep 18 | 22,411 | 95 | 2,694 | 0 |
| 30 Jun 18 | 22,047 | -52 | 2,881 | 0 |
| 31 Mar 18 | 19,514 | -33 | 2,690 | 0 |
| 31 Dec 17 | 17,179 | -103 | 2,475 | 0 |
| 30 Sep 17 | 14,896 | -134 | 2,200 | 0 |
| 30 Jun 17 | 12,619 | 0 | 1,890 | 0 |
| 31 Mar 17 | 12,926 | -141 | 1,905 | 0 |
| 31 Dec 16 | 13,082 | 0 | 1,931 | 0 |
| 31 Dec 15 | 16,688 | 0 | 2,115 | 0 |
| 31 Dec 14 | 19,191 | 1,840 | 2,402 | 0 |
Quality Earnings: 68V has high quality earnings.
Growing Profit Margin: 68V became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 68V has become profitable over the past 5 years, growing earnings by 38.3% per year.
Accelerating Growth: 68V has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 68V has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (38.2%).
Return on Equity
High ROE: 68V's Return on Equity (12.7%) is considered low.