Baker Hughes Co (BKR) Tax Rate: 8.79%
Is Baker Hughes Co’s tax rate high or low?
Baker Hughes Co's tax rate of 8.79% is 98% below its 5-year average of 490.53%, near the low end of its 5-year range (-3.68%–2727.27%).
5.52% above its 12-month average of 8.33%.
BKR Tax Rate Chart
Reported annual fiscal-period values; no daily interpolation.
BKR Average Tax Rate Chart
BKR Current vs Average Tax Rate Chart
BKR Tax Rate Metrics
TAX RATE
8.79%
TAX RATE AVG TTM
8.33%
TAX RATE AVG 3Y
692.43%
TAX RATE AVG 5Y
490.53%
TAX RATE AVG 10Y
253.71%
TAX RATE AVG 15Y
N/A
TAX RATE AVG 20Y
N/A
CURRENT VS TTM AVG
+5.52%
CURRENT VS 3Y AVG
-98.73%
CURRENT VS 5Y AVG
-98.21%
CURRENT VS 10Y AVG
-96.54%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Baker Hughes Co Tax Rate Formula & Definition
Tax rate measures income tax expense as a percentage of income before tax. It helps compare tax efficiency and identify unusual tax effects.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Baker Hughes Co Tax Rate FAQ
- What is the tax rate for Baker Hughes Co (BKR)?
- The tax rate for BKR stock is 8.79%.
- Is Baker Hughes Co's tax rate high or low?
- Baker Hughes Co's tax rate of 8.79% is 98% below its 5-year average of 490.53%, near the low end of its 5-year range (-3.68%–2727.27%).
- What is the TTM average tax rate for Baker Hughes Co (BKR)?
- The TTM average tax rate for BKR stock is 8.33%.
- What is the 3Y average tax rate for Baker Hughes Co (BKR)?
- The 3Y average tax rate for BKR stock is 692.43%.
- What is the 5Y average tax rate for Baker Hughes Co (BKR)?
- The 5Y average tax rate for BKR stock is 490.53%.
- What is the 10Y average tax rate for Baker Hughes Co (BKR)?
- The 10Y average tax rate for BKR stock is 253.71%.
Baker Hughes Co Tax Rate History
| DATE | TAX RATE |
|---|---|
| 2025-12-31 | 8.79% |
| 2024-12-31 | 7.87% |
| 2023-12-31 | 25.80% |
| 2022-12-31 | 2727.27% |
| 2021-12-31 | 177.10% |
| 2020-12-31 | -3.68% |
| 2019-12-31 | 64.01% |
| 2018-12-31 | 47.69% |
| 2017-12-31 | -13.01% |
| 2016-12-31 | 48.32% |
| 2015-12-31 | -299.37% |
| 2014-12-31 | 20.72% |
Related Metrics
About Baker Hughes Co
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company’s Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company has a collaboration with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Lorenzo Simonelli