Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. It operates through four segments: Oilfield Services (OFS), Oilfield Equipment (OFE), Turbomachinery & Process Solutions (TPS), and Digital Solutions (DS). The OFS segment offers exploration, drilling, wireline, evaluation, completion, production, and intervention services; and drilling and completions fluids, wireline services, downhole completion tools and systems, wellbore intervention tools and services, pressure pumping systems, oilfield and industrial chemicals, and artificial lift technologies for oil and natural gas, and oilfield service companies. The OFE segment provides subsea and surface wellheads, pressure control and production systems and services, flexible pipe systems for offshore and onshore applications, and life-of-field solutions, including well intervention and decommissioning solutions; and services related to onshore and offshore drilling and production operations. The TPS segment provides equipment and related services for mechanical-drive, compression, and power-generation applications across the oil and gas industry. Its product portfolio includes drivers, compressors, and turnkey solutions; and pumps, valves, and compressed natural gas and small-scale liquefied natural gas solutions. This segment serves upstream, midstream, downstream, onshore, offshore, and industrial customers. The DS segment provides sensor-based process measurements, machine health and condition monitoring, asset strategy and management, control systems, as well as non-destructive testing and inspection, and pipeline integrity solutions. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes Company is based in Houston, Texas.

Baker Hughes Company

Revenue

EBIT

EBITDA

CapEx

Net Interest Income

Assets

Adjusted EBITDA

Gross Profit

Adjusted Net Income

Net Revenue

Net Income

Average Assets

Adjusted EBIT

Adjusted Revenue

Adjusted EBT

Adjusted Funds From Operations

Oilfield Services Capital Expenditures

Oilfield Services Capital Expenditures % Chg.

Oilfield Services Capital Expenditures Common Size

Oilfield Equipment Capital Expenditures

Oilfield Equipment Capital Expenditures % Chg.

Oilfield Equipment Capital Expenditures Common Size

Oilfield Services and Equipment Capital Expenditures

Oilfield Services and Equipment Capital Expenditures % Chg.

Oilfield Services and Equipment Capital Expenditures Common Size

Industrial & Energy Technology Capital Expenditures

Industrial & Energy Technology Capital Expenditures % Chg.

Industrial & Energy Technology Capital Expenditures Common Size

Turbomachinery & Process Solutions Capital Expenditures

Turbomachinery & Process Solutions Capital Expenditures % Chg.

Turbomachinery & Process Solutions Capital Expenditures Common Size

Digital Solutions Capital Expenditures

Digital Solutions Capital Expenditures % Chg.

Digital Solutions Capital Expenditures Common Size

Other Capital Expenditures

Other Capital Expenditures % Chg.

Other Capital Expenditures Common Size

Total Capital Expenditures

Total Capital Expenditures Common Size

Total Capital Expenditures % Chg.

Capital Expenditures

Oilfield Services Segment Operating Income

Oilfield Services Segment Operating Income % Chg.

Oilfield Services Segment Operating Income Common Size

Oilfield Equipment Segment Operating Income

Oilfield Equipment Segment Operating Income % Chg.

Oilfield Equipment Segment Operating Income Common Size

Oilfield Services & Equipment Segment Operating Income

Oilfield Services & Equipment Segment Operating Income % Chg.

Oilfield Services & Equipment Segment Operating Income Common Size

Industrial & Energy Technology Segment Operating Income

Industrial & Energy Technology Segment Operating Income % Chg.

Industrial & Energy Technology Segment Operating Income Common Size

Turbomachinery & Process Solutions Segment Operating Income

Turbomachinery & Process Solutions Segment Operating Income % Chg.

Turbomachinery & Process Solutions Segment Operating Income Common Size

Digital Solutions Segment Operating Income

Digital Solutions Segment Operating Income % Chg.

Digital Solutions Segment Operating Income Common Size

Other EBIT

Other EBIT % Chg.

Other EBIT Common Size

Total EBIT

Total EBIT Common Size

Total EBIT % Chg.

North America Average Rig Count

North America Average Rig Count % Chg.

International Average Rig Count

International Average Rig Count % Chg.

Key Performance Indicators

Oilfield Services Revenue

Oilfield Services Revenue % Chg.

Oilfield Services Revenue Common Size

Oilfield Equipment Revenue

Oilfield Equipment Revenue % Chg.

Oilfield Equipment Revenue Common Size

Oilfield Services & Equipment Revenue

Oilfield Services & Equipment Revenue % Chg.

Oilfield Services & Equipment Revenue Common Size

Turbomachinery & Process Solutions Revenue

Turbomachinery & Process Solutions Revenue % Chg.

Turbomachinery & Process Solutions Revenue Common Size

Digital Solutions Revenue

Digital Solutions Revenue % Chg.

Digital Solutions Revenue Common Size

Total Gas Technology Revenue

Total Gas Technology Revenue % Chg.

Total Gas Technology Revenue Common Size

Total Industrial Technology Revenue

Total Industrial Technology Revenue % Chg.

Total Industrial Technology Revenue Common Size

Climate Technology Solutions Revenue

Climate Technology Solutions Revenue % Chg.

Climate Technology Solutions Revenue Common Size

Industrial & Energy Technology Revenue

Industrial & Energy Technology Revenue % Chg.

Industrial & Energy Technology Revenue Common Size

Other Revenue

Other Revenue % Chg.

Other Revenue Common Size

Total Revenue

Total Revenue Common Size

Total Revenue % Chg.

Oilfield Services & Equipment Segment EBITDA

Oilfield Services & Equipment Segment EBITDA % Chg.

Industrial & Energy Technology Segment EBITDA

Industrial & Energy Technology Segment EBITDA % Chg.

Total EBITDA

Total EBITDA Common Size

Total EBITDA % Chg.

Revenue	LTM	Dec '24	Dec '23
Oilfield Services Revenue	11,345	12,158	12,411
Oilfield Equipment Revenue	3,278	3,470	2,950
Oilfield Services & Equipment Revenue	14,623	15,628	15,361
Turbomachinery & Process Solutions Revenue	—	—	—
Digital Solutions Revenue	—	—	—
Total Gas Technology Revenue	9,373	8,490	6,832
Total Industrial Technology Revenue	3,093	3,105	2,987
Climate Technology Solutions Revenue	622	605	326
Industrial & Energy Technology Revenue	13,087	12,201	10,145
Other Revenue	1	—	—
Total Revenue	27,711	27,829	25,506

EBIT	LTM	Dec '24	Dec '23
Oilfield Services Segment Operating Income	—	—	—
Oilfield Equipment Segment Operating Income	—	—	—
Oilfield Services & Equipment Segment Operating Income	—	1,988	1,746
Industrial & Energy Technology Segment Operating Income	—	1,830	1,310
Turbomachinery & Process Solutions Segment Operating Income	—	—	—
Digital Solutions Segment Operating Income	—	—	—
Other EBIT	—	-737	-739
Total EBIT	3,252	3,081	2,317

Capital Expenditures	LTM	Dec '24	Dec '23
Oilfield Services Capital Expenditures	—	—	—
Oilfield Equipment Capital Expenditures	—	—	—
Oilfield Services and Equipment Capital Expenditures	—	954	960
Industrial & Energy Technology Capital Expenditures	—	284	229
Turbomachinery & Process Solutions Capital Expenditures	—	—	—
Digital Solutions Capital Expenditures	—	—	—
Other Capital Expenditures	—	40	35
Total Capital Expenditures	1,249	1,278	1,224

Key Performance Indicators	LTM	Dec '24	Dec '23	Dec '22	Dec '21	Dec '20	Dec '19	Dec '18	Dec '17	Dec '16	Dec '15	Dec '14	Dec '13	Dec '12
North America Average Rig Count	—	787	864
International Average Rig Count	—	947	948