Baker Hughes Company
BKRFinancial Statements
Income Statement (Annual)
Amounts in millions
2024
12/31/2024
Revenue
27,829
Cost of Revenue
21,916
Gross Profit
5,840
Gross Margin
21.0%
Operating Income
3,081
Operating Margin
11.1%
Net Income
2,979
Net Margin
10.7%
EPS (Basic)
$3.00
EPS (Diluted)
$2.98
EBITDA
4,599
EBITDA Margin
16.5%
2023
12/31/2023
Revenue
25,506
Cost of Revenue
20,255
Gross Profit
5,251
Gross Margin
20.6%
Operating Income
2,317
Operating Margin
9.1%
Net Income
1,943
Net Margin
7.6%
EPS (Basic)
$1.93
EPS (Diluted)
$1.91
EBITDA
3,958
EBITDA Margin
15.5%
2022
12/31/2022
Revenue
21,156
Cost of Revenue
16,756
Gross Profit
4,400
Gross Margin
20.8%
Operating Income
1,185
Operating Margin
5.6%
Net Income
-601
Net Margin
-2.8%
EPS (Basic)
$-0.61
EPS (Diluted)
$-0.61
EBITDA
1,335
EBITDA Margin
6.3%
2021
12/31/2021
Revenue
20,502
Cost of Revenue
16,453
Gross Profit
4,049
Gross Margin
19.7%
Operating Income
1,310
Operating Margin
6.4%
Net Income
-219
Net Margin
-1.1%
EPS (Basic)
$-0.27
EPS (Diluted)
$-0.27
EBITDA
1,832
EBITDA Margin
8.9%
2020
12/31/2020
Revenue
20,705
Cost of Revenue
17,506
Gross Profit
3,199
Gross Margin
15.5%
Operating Income
-15,978
Operating Margin
-77.2%
Net Income
-9,940
Net Margin
-48.0%
EPS (Basic)
$-14.73
EPS (Diluted)
$-14.73
EBITDA
-13,621
EBITDA Margin
-65.8%