Baker Hughes Cost of Goods Sold 2010-2024 | BKR

Baker Hughes annual/quarterly cost of goods sold history and growth rate from 2010 to 2024. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
  • Baker Hughes cost of goods sold for the quarter ending September 30, 2024 was $5.366B, a 1.28% increase year-over-year.
  • Baker Hughes cost of goods sold for the twelve months ending September 30, 2024 was $21.541B, a 10.82% increase year-over-year.
  • Baker Hughes annual cost of goods sold for 2023 was $20.255B, a 20.88% increase from 2022.
  • Baker Hughes annual cost of goods sold for 2022 was $16.756B, a 1.84% increase from 2021.
  • Baker Hughes annual cost of goods sold for 2021 was $16.453B, a 6.02% decline from 2020.
Baker Hughes Annual Cost of Goods Sold
(Millions of US $)
2023 $20,255
2022 $16,756
2021 $16,453
2020 $17,506
2019 $19,406
2018 $18,891
2017 $14,143
2016 $10,150
2015 $12,193
2014 $19,746
2013 $18,553
2012 $17,356
2011 $15,264
2010 $11,184
2009 $7,397
Baker Hughes Quarterly Cost of Goods Sold
(Millions of US $)
2024-09-30 $5,366
2024-06-30 $5,649
2024-03-31 $5,140
2023-12-31 $5,386
2023-09-30 $5,298
2023-06-30 $5,004
2023-03-31 $4,567
2022-12-31 $4,569
2022-09-30 $4,245
2022-06-30 $4,077
2022-03-31 $3,865
2021-12-31 $4,280
2021-09-30 $4,083
2021-06-30 $4,166
2021-03-31 $3,924
2020-12-31 $4,486
2020-09-30 $4,292
2020-06-30 $4,058
2020-03-31 $4,670
2019-12-31 $5,054
2019-09-30 $4,781
2019-06-30 $4,932
2019-03-31 $4,639
2018-12-31 $5,029
2018-09-30 $4,692
2018-06-30 $4,612
2018-03-31 $4,558
2017-12-31 $4,940
2017-09-30 $4,349
2017-06-30 $2,476
2017-03-31 $2,378
2016-12-31 $2,086
2016-09-30 $2,294
2016-06-30 $3,112
2016-03-31 $2,658
2015-12-31 $892
2015-09-30 $3,375
2015-06-30 $3,584
2015-03-31 $4,342
2014-12-31 $5,174
2014-09-30 $5,107
2014-06-30 $4,745
2014-03-31 $4,720
2013-12-31 $4,886
2013-09-30 $4,750
2013-06-30 $4,591
2013-03-31 $4,326
2012-12-31 $4,441
2012-09-30 $4,396
2012-06-30 $4,254
2012-03-31 $4,265
2011-12-31 $4,206
2011-09-30 $3,843
2011-06-30 $3,718
2011-03-31 $3,497
2010-12-31 $3,421
2010-09-30 $3,189
2010-06-30 $2,662
2010-03-31 $1,912
2009-12-31 $1,879
2009-09-30 $1,761
2009-06-30 $1,797
2009-03-31 $1,960
Sector Industry Market Cap Revenue
Oils/Energy Oil & Gas - Field Services $45.330B $25.506B
Baker Hughes Company is one of the world's largest oilfield service providers. The integrated oilfield products and digital solutions of Baker Hughes help customers efficiently and cost-effectively refine and transport hydrocarbons with low environmental concerns. Moreover, with growing demand for clean energy and the need to curb greenhouse gas emissions, countries around the world are investing in LNG terminals. This has given Baker Hughes the opportunity to expand its reach beyond oilfields in order to capitalize on contracts for manufacturing equipment that is being used in LNG facilities.
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