Baker Earning Before Interest and Taxes EBIT Trend from 2010 to 2022

BKR
 Stock
  

USD 24.06  0.35  1.48%   

Baker Hughes Earning Before Interest and Taxes EBIT yearly trend continues to be relatively stable with very little volatility. Earning Before Interest and Taxes EBIT is likely to grow to about 904.2 M this year. . Baker Hughes Cost of Revenue is relatively stable at the moment as compared to the past year. Baker Hughes reported last year Cost of Revenue of 16.45 Billion. As of 08/07/2022, Earning Before Interest and Taxes EBIT is likely to grow to about 904.2 M, while Consolidated Income is likely to drop (356.1 M).
  
Check Baker Hughes financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Baker main balance sheet or income statement drivers, such as Direct Expenses of 15.2 B, Cost of Revenue of 17.6 B or Earning Before Interest and Taxes EBIT of 904.2 M, as well as many exotic indicators such as Interest Coverage of 5.61, Long Term Debt to Equity of 0.36 or Calculated Tax Rate of 172. Baker financial statements analysis is a perfect complement when working with Baker Hughes Valuation or Volatility modules. It can also supplement Baker Hughes' financial leverage analysis and stock options assessment as well as various Baker Hughes Technical models . Continue to the analysis of Baker Hughes Correlation against competitors.

Baker Hughes Quarterly Earning Before Interest and Taxes EBIT

(597 Million)

Baker Earning Before Interest and Taxes EBIT Breakdown

Showing smoothed Earning Before Interest and Taxes EBIT of Baker Hughes A with missing and latest data points interpolated. Earnings Before Interest and Tax is calculated by adding Income Tax Expense and Interest Expense back to Net Income.Baker Hughes' Earning Before Interest and Taxes EBIT historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Baker Hughes' overall financial position and show how it may be relating to other accounts over time.
Earning Before Interest and Taxes EBIT10 Years Trend
Decreasing
Slightly volatile
   Earning Before Interest and Taxes EBIT   
Share
       Timeline  

Baker Earning Before Interest and Taxes EBIT Regression Statistics

Arithmetic Mean 587,627,530
Coefficient Of Variation 522.81
Mean Deviation 1,620,289,629
Median 847,000,000
Standard Deviation 3,072,159,162
Range 11,627,000,000
R-Value(0.51)
R-Squared 0.26
Significance 0.07
Slope(404,835,454)

Baker Earning Before Interest and Taxes EBIT History

2015593 M
2016275 M
201773 M
2018676 M
2019847 M
2020-9.1 B
2021838 M
2022904.2 M

About Baker Hughes Financial Statements

There are typically three primary documents that fall into the category of financial statements. These documents include Baker Hughes income statement, its balance sheet, and the statement of cash flows. Baker Hughes investors use historical funamental indicators, such as Baker Hughes's Earning Before Interest and Taxes EBIT, to determine how well the company is positioned to perform in the future. Although Baker Hughes investors may use each financial statement separately, they are all related. The changes in Baker Hughes's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Baker Hughes's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. We offer a historical overview of the basic patterns found on Baker Hughes Financial Statements. Understanding these patterns can help to make the right decision on long term investment in Baker Hughes. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for 2022
Earning Before Interest and Taxes EBIT838 M904.2 M
Earnings Before Interest Taxes and Depreciation Amortization EBITDA1.9 B2.1 B
Earnings before Tax539 M581.6 M
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain worldwide. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. Baker Hughes operates under Oil Gas Equipment Services classification in the United States and is traded on NASDAQ Exchange. It employs 55000 people.

Baker Hughes Investors Sentiment

The influence of Baker Hughes' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Baker. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Baker Hughes' public news can be used to forecast risks associated with investment in Baker. The trend in average sentiment can be used to explain how an investor holding Baker can time the market purely based on public headlines and social activities around Baker Hughes A. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Baker Hughes' market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Baker Hughes' and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Baker Hughes' news discussions. The higher the estimate score, the more favorable is the investor's outlook on Baker Hughes.

Baker Hughes Implied Volatility

    
  64.87  
Baker Hughes' implied volatility exposes the market's sentiment of Baker Hughes A stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Baker Hughes' implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Baker Hughes stock will not fluctuate a lot when Baker Hughes' options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Baker Hughes in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Baker Hughes' short interest history, or implied volatility extrapolated from Baker Hughes options trading.

Pair Trading with Baker Hughes

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Baker Hughes position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Baker Hughes will appreciate offsetting losses from the drop in the long position's value.

Moving together with Baker Hughes

0.69FTKFlotek Industries Earnings Call  This WeekPairCorr
0.84GEOSGeospace Technologie Earnings Call  This WeekPairCorr

Moving against Baker Hughes

0.77BASXQBasic Energy Services Earnings Call  TomorrowPairCorr
0.64GTECGreenland Technologies Earnings Call  This WeekPairCorr
0.59SBUXStarbucks Corp TrendingPairCorr
0.57LNNLindsay Corp Fiscal Year End 20th of October 2022 PairCorr
The ability to find closely correlated positions to Baker Hughes could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Baker Hughes when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Baker Hughes - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Baker Hughes A to buy it.
The correlation of Baker Hughes is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Baker Hughes moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Baker Hughes A moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Baker Hughes can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to the analysis of Baker Hughes Correlation against competitors. Note that the Baker Hughes A information on this page should be used as a complementary analysis to other Baker Hughes' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Money Managers module to screen money managers from public funds and ETFs managed around the world.

Complementary Tools for Baker Stock analysis

When running Baker Hughes A price analysis, check to measure Baker Hughes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Baker Hughes is operating at the current time. Most of Baker Hughes' value examination focuses on studying past and present price action to predict the probability of Baker Hughes' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Baker Hughes' price. Additionally, you may evaluate how the addition of Baker Hughes to your portfolios can decrease your overall portfolio volatility.
Crypto Correlations
Use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins
Go
Probability Of Bankruptcy
Get analysis of equity chance of financial distress in the next 2 years
Go
Stock Tickers
Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Portfolio Center
All portfolio management and optimization tools to improve performance of your portfolios
Go
Companies Directory
Evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
Portfolio Backtesting
Avoid under-diversification and over-optimization by backtesting your portfolios
Go
Efficient Frontier
Plot and analyze your portfolio and positions against risk-return landscape of the market.
Go
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Global Correlations
Find global opportunities by holding instruments from different markets
Go
Is Baker Hughes' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Baker Hughes. If investors know Baker will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Baker Hughes listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.65
Market Capitalization
24.2 B
Quarterly Revenue Growth YOY
-0.018
Return On Assets
0.0306
Return On Equity
-0.0249
The market value of Baker Hughes A is measured differently than its book value, which is the value of Baker that is recorded on the company's balance sheet. Investors also form their own opinion of Baker Hughes' value that differs from its market value or its book value, called intrinsic value, which is Baker Hughes' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Baker Hughes' market value can be influenced by many factors that don't directly affect Baker Hughes' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Baker Hughes' value and its price as these two are different measures arrived at by different means. Investors typically determine Baker Hughes value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Baker Hughes' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.