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Baker Hughes Co Income Tax Expense 2015-2026 | BKR

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What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is Baker Hughes Co's current income tax expense?

Baker Hughes Co (BKR) annual income tax expense for 2025 was $253.0M, a 1.56% decline from 2024. Baker Hughes Co income tax expense for the quarter ending March 31, 2026 was $336.0M.

What was Baker Hughes Co's income tax expense in 2024?

Baker Hughes Co annual income tax expense for 2024 was $257.0M, a 62.48% decline from 2023.

What was Baker Hughes Co's income tax expense in 2023?

Baker Hughes Co annual income tax expense for 2023 was $685.0M, a 14.17% increase from 2022.

What is Baker Hughes Co's 5-year income tax expense CAGR?

Baker Hughes Co income tax expense grew at a compound annual growth rate (CAGR) of 14.66% from FY2020 to FY2025, going from $559.0M to $253.0M over 5 years.

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

Key Statistics
Trend Direction
Stable
CAGR-14.7%
FY2020
$559.0M
FY2025
$253.0M
1516171819202122232425
5 years selected
Income Tax Expense History
PeriodValueChangeSource
FY2025$253.0M-1.6%10-K
FY2024$257.0M-62.5%10-K
FY2023$685.0M+14.2%10-K
FY2022$600.0M-20.8%10-K
FY2021$758.0M+35.6%10-K
FY2020$559.0M+16.0%10-K
FY2019$482.0M+86.8%10-K
FY2018$258.0M+473.3%10-K
FY2017$45.0M-74.0%10-K
FY2016$173.0M-63.4%10-K
FY2015$473.0M-10-K
Company: Baker Hughes CoTicker: BKRSector: IndustrialIndustry: Oil & Gas Field Machinery & EquipmentView company profile →