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 35.7% 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 Growth23.3%
Revenue growth rate3.4%
Return on equity13.9%
Net Margin8.2%
Next Earnings Update30 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

DB:68V Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 2427,3002,2402,5190
30 Jun 2427,0331,9922,5390
31 Mar 2426,2081,8222,5920
31 Dec 2325,5061,9432,6290
30 Sep 2324,5761,6852,6160
30 Jun 2323,3041,1512,6100
31 Mar 2322,037-972,5380
31 Dec 2221,156-6012,5040
30 Sep 2220,736-4902,4760
30 Jun 2220,460-4662,4630
31 Mar 2220,5553052,4810
31 Dec 2120,502-2192,4470
30 Sep 2120,5121402,4170
30 Jun 2120,469-382,3750
31 Mar 2120,062-1652,3200
31 Dec 2020,705-9,9402,4050
30 Sep 2021,558-10,5442,5710
30 Jun 2022,390-10,3172,6740
31 Mar 2023,648-10,1312,7910
31 Dec 1923,8381282,8270
30 Sep 1923,7552112,8140
30 Jun 1923,5381672,7440
31 Mar 1923,0931572,6920
31 Dec 1822,8771952,6540
30 Sep 1822,411952,6940
30 Jun 1822,047-522,8810
31 Mar 1819,514-332,6900
31 Dec 1717,179-1032,4750
30 Sep 1714,896-1342,2000
30 Jun 1712,61901,8900
31 Mar 1712,926-1411,9050
31 Dec 1613,08201,9310
31 Dec 1516,68802,1150
31 Dec 1419,1911,8402,4020

Quality Earnings: 68V has high quality earnings.

Growing Profit Margin: 68V'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: 68V has become profitable over the past 5 years, growing earnings by 68.8% per year.

Accelerating Growth: 68V's earnings growth over the past year (32.9%) is below its 5-year average (68.8% per year).

Earnings vs Industry: 68V earnings growth over the past year (32.9%) exceeded the Energy Services industry 16.6%.


Return on Equity

High ROE: 68V's Return on Equity (13.9%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 12:34
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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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.

AnalystInstitution
William SeleskyArgus Research Company
Waqar SyedATB Capital Markets
Finbarr MacCarthyAtlantic Equities LLP