Baker Hughes Co operates in the Oil and gas field machinery sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Baker Hughes Co with three other
construction and mining equipment manufacturers in North America:
Manitowoc Company Inc
sales of $1.83 billion
of which 53%
of which 91%
was Construction Machinery And Vehicles), and
National Oilwell Varco, Inc.
Baker Hughes Co reported sales of $23.84 billion
December of 2019.
increase of 4.2%
versus 2018, when the company's sales were $22.88 billion.
This was the third consecutive year of growth at Baker Hughes Co.
The sales level in 2019 was fairly close to the level five years ago: in 2014, Baker Hughes Co had sales
of $24.55 billion.
Sales of Oilfield Services saw an increase
that was more than double the company's growth rate: sales were up
10.9% in 2019, from
$11.62 billion to $12.89 billion.
Baker Hughes Co also saw significant increases in sales in
Oilfield Equipment (up 10.6% to $2.92 billion)
Not all segments of Baker Hughes Co experienced an increase in sales in 2019:
sales of Turbomachinery and Process Solutions fell 8.0% to $5.54 billion.
Baker Hughes Co also experienced decreases in sales in
Digital Solutions (down 4.3% to $2.49 billion)