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Baker Hughes revenue
Baker Hughes's revenue is $27.8 billion.
What is Baker Hughes's revenue?
- Baker Hughes's revenue growth from 2016 to 2024 is 109.73%.
- Baker Hughes has 55,000 employees, and the revenue per employee ratio is $505,981.
- Baker Hughes's peak quarterly revenue was $7.4B in 2024(q4).
- Baker Hughes peak revenue was $27.8B in 2024.
- Baker Hughes annual revenue for 2023 was 25.5B, 20.56% growth from 2022.
- Baker Hughes annual revenue for 2024 was 27.8B, 9.11% growth from 2023.
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Baker Hughes historical revenue
Baker Hughes's peak revenue was $27.8B in 2024. The peak quarterly revenue was $7.4B in 2024(q4).
Baker Hughes's revenue increased from $13.3b in 2016 to $27.8B currently. That's a 109.73% change in annual revenue.
Baker Hughes annual revenue
Baker Hughes annual revenue over time
| Fiscal year / year | Baker Hughes revenue |
|---|---|
| 2016 | $13.3B |
| 2017 | $17.2B |
| 2018 | $22.9B |
| 2019 | $23.8B |
| 2020 | $20.7B |
| 2021 | $20.5B |
| 2022 | $21.2B |
| 2023 | $25.5B |
| 2024 | $27.8B |
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Baker Hughes annual growth
Baker Hughes saw the greatest revenue growth in 2018, when revenue increased by 33.17%.
Baker Hughes had the lowest revenue growth in 2020, when revenue changed by -13.14%.
Baker Hughes annual growth rate over time
| Year | Baker Hughes growth |
|---|---|
| 2017 | 29%↑ |
| 2018 | 33%↑ |
| 2019 | 4%↑ |
| 2020 | -13%↓ |
| 2021 | -1%↓ |
| 2022 | 3%↑ |
| 2023 | 21%↑ |
| 2024 | 9%↑ |
Baker Hughes quarterly revenue over time
- Q1
- Q2
- Q3
- Q4
Baker Hughes quarterly growth rate over time
| Year | Q1 | Q2 | Q3 | Q4 |
|---|---|---|---|---|
| 2017 | - | - | $5.3B | $5.8B |
| 2018 | $5.4B | $5.5B | $5.7B | $6.3B |
| 2019 | $5.6B | $6.0B | $5.9B | $6.3B |
| 2020 | $5.4B | $4.7B | $5.0B | $5.5B |
| 2021 | $4.8B | $5.1B | $5.1B | $5.5B |
| 2022 | $4.8B | $5.0B | $5.4B | $5.9B |
| 2023 | $5.7B | $6.3B | $6.6B | $6.8B |
| 2024 | $6.4B | $7.1B | $6.9B | $7.4B |
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Baker Hughes financial information
| CEO | Lorenzo Simonelli |
| Industry | Energy Equipment & Services |
| Company Type | Public |
| Employees Number | 55,000 |
| Date Founded | 1907 |
| Headquarters | Houston, Texas |
| Number of Locations | 48 |
| Revenue | $27.8B |
| Net Income | -$601,000,000 |
| Gross Proft | $5.8B (2024) |
| Tax Rate | 0.1% |
| Total Assets | $34,181,000,000 |
| Ticker | BKR |
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Baker Hughes competitors
Baker Hughes's top competitor, BP America Inc, earned an annual revenue of $164.2B.
Baker Hughes's smallest competitor is NOV with revenue of $5.5B last year.
| Company name | Average salary | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Halliburton | $69,686 | $23.0B | 55,000 | 160 |
| Schlumberger | $66,623 | $36.3B | 86,000 | 81 |
| Weatherford International | $54,614 | $15.3B | 30,000 | 38 |
| BP America Inc | $112,940 | $164.2B | 70,100 | 72 |
| NOV | $53,223 | $5.5B | 27,043 | 335 |
| Kinder Morgan | $50,756 | $15.1B | 11,012 | 233 |
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Zippia gives an in-depth look into the details of Baker Hughes, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Baker Hughes. The employee data is based on information from people who have self-reported their past or current employments at Baker Hughes. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Baker Hughes. The data presented on this page does not represent the view of Baker Hughes and its employees or that of Zippia.
Baker Hughes may also be known as or be related to Baker Hughes, Baker Hughes Company, Baker Hughes Inc and Baker Hughes Ventures LLC.