Baker Hughes Company (68V.DE) Q4 2024: 68v De

Executive Summary

Baker Hughes reported a solid Q4 2024 with revenue of $7.364 billion, up 7.74% year over year and 6.60% quarter over quarter. Gross profit was $1.53 billion, yielding a gross margin of ~20.8%, while operating income reached $665 million for an operating margin of ~9.0%. EBITDA stood at $1.139 billion, with an EBITDA margin of ~15.5%. The company delivered net income of $1.179 billion and earnings per share of $1.19 (diluted $1.18), supported by a tax benefit of $399 million that materially boosted net income in the period.

Key Performance Indicators

Revenue

7.36B

QoQ: 6.60% | YoY:7.74%

Gross Profit

1.53B

20.78% margin

QoQ: -0.78% | YoY:5.74%

Operating Income

665.00M

QoQ: -28.49% | YoY:2.15%

Net Income

1.18B

QoQ: 53.92% | YoY:167.95%

EPS

1.19

QoQ: 54.55% | YoY:170.45%

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Revenue: $7.364B (YoY +7.74%, QoQ +6.60%). Gross Profit: $1.53B; Gross Margin: 20.78%. Operating Income: $0.665B; Operating Margin: 9.03%. EBITDA: $1.139B; EBITDA Margin: 15.47%. Net Income: $1.179B; Net Margin: 16.01%. EPS: $1.19 (Diluted $1.18). Cash Flow: Operating cash flow $1.19B; Capex $0.353B; Free Cash Flow $0.837B. Balance Sheet: Cash and equivalents $3.364B; Total debt $6.023B; Net debt $2.659B; Total assets $38.364B; Total stockholders’ equity $16.895B. Liquidity: Current ratio 1.325; Quick ratio 0.943; Cash ratio 0.259. Returns: ROA ~3.07%; ROE ~6.98%. Valuation: P/E ~8.54x; P/B ~2.38x; P/S ~5.47x. Cash Return Metrics: Free Cash Flow per share $0.845; Operating Cash Flow per share $1.202. Dividend paid: $208M; Buybacks: $8M. Interest Coverage: 12.09x. Capital intensity: Capex intensity modest at ~$353M in Q4. Net change in cash: +$0.7B, ending cash $3.364B.

Income Statement

Metric	Value	YoY Change	QoQ Change
Revenue	7.36B	7.74%	6.60%
Gross Profit	1.53B	5.74%	-0.78%
Operating Income	665.00M	2.15%	-28.49%
Net Income	1.18B	167.95%	53.92%
EPS	1.19	170.45%	54.55%

Key Financial Ratios

currentRatio

1.33

grossProfitMargin

20.8%

operatingProfitMargin

9.03%

netProfitMargin

16%

returnOnAssets

3.07%

returnOnEquity

6.98%

debtEquityRatio

0.36

operatingCashFlowPerShare

$1.2

freeCashFlowPerShare

$0.85

dividendPayoutRatio

17.6%

priceToBookRatio

2.38

priceEarningsRatio

8.54

Net Income vs. Revenue

Expense Breakdown

Competitive Position

Company	Gross Margin	Operating Margin	Return on Equity	P/E Ratio
68V.DE Focus	20.78%	9.03%	6.98%	8.54%

Period	Revenue ($M)	EPS ($)	YoY Growth	Report
Q3 2025	7,010.00	0.61	+1.5%	View
Q2 2025	6,910.00	0.71	-3.2%	View
Q1 2025	6,427.00	0.40	+0.1%	View
Q4 2024	7,364.00	1.18	+7.7%	View
Q3 2024	6,908.00	0.77	+4.0%	View

Baker Hughes Company (68V.DE) Q4 2024 Earnings Report

Earnings Highlights

Baker Hughes Company (68V.DE) QQ4 2024 Results – Resilient Q4 Performance with Strong Free Cash Flow and Steady Margin Profile

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

Baker Hughes Company (68V.DE) Q4 2024 Earnings Report

Earnings Highlights

Executive Summary

Key Performance Indicators

Revenue

Gross Profit

Operating Income

Net Income

EPS

Revenue Trend

Margin Analysis

Key Insights

Financial Highlights

Income Statement

Key Financial Ratios

Net Income vs. Revenue

Expense Breakdown

Management Commentary

Forward Guidance

Competitive Position

Gross Profit Margin

Operating Profit Margin

Return on Equity

P/E Ratio Comparison

Investment Outlook

Key Investment Factors

Growth Potential

Profitability Risk

Financial Position

SWOT Analysis

Strengths

Weaknesses

Opportunities

Threats

Historical Earnings Comparison

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