Company / Operating Income
Baker Hughes Operating Income History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Income
$3.1B
FY2024
5-year range
-$16.0B / $3.1B
FY2020-FY2024
Trend
+33.0%
vs FY2023
Sector context
#11 of 89
Energy
What the data says
Baker Hughes's operating income of $3.1B is higher than 88% of companies in the Energy sector (FY2024). Operating Income has fluctuated over the past 9 years, ranging from -$16.0B in FY2022 to $3.1B in FY2024.
Based on SEC 10-K filings.
$3.1B in FY2024 with a 5-year CAGR of +23.5%. Top quartile in the Energy sector.
Improved from -$16.0B to $3.1B over the past 2 years.
Energy sector context is included.
Operating Income over time
Growth rates
- 3-Year CAGR
- +42.1%
- 5-Year CAGR
- +23.5%
- 10-Year CAGR
- -
Sector benchmark
Top 12% in EnergyTop 12% of 89This company $3.1B Sector average $877.0M
▼
+251.3% above sector average
Key checks
Key Insights
- 5-year CAGR of +23.5%, indicating consistent growth.
- In FY2024, operating income increased 33.0% year-over-year.
- Ranks #11 out of 89 companies in the Energy sector.
- Lowest operating income in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.06 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating IncomeValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | $3.1B | +33.0% |
| FY2023 | $2.3B | +114.5% |
| FY2022 | -$16.0B | -1587.7% |
| FY2021 | $1.1B | +53.2% |
| FY2020 | $701.0M | -34.7% |
| FY2019 | $1.1B | +135.0% |
| FY2018 | $457.0M | +260.9% |
| FY2017 | -$284.0M | -162.1% |
| FY2016 | $457.0M | +431.2% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026