Baker Hughes Co Earnings Per Share Disclosure
| (In millions, except per share amounts) | 2025 | 2024 | 2023 | ||||||||
| Net income | $ | 2,624 | $ | 3,008 | $ | 1,970 | |||||
| Less: Net income attributable to noncontrolling interests | 36 | 29 | 27 | ||||||||
| Net income attributable to Baker Hughes Company | $ | 2,588 | $ | 2,979 | $ | 1,943 | |||||
| Weighted average shares outstanding: | |||||||||||
Class A basic | 988 | 994 | 1,008 | ||||||||
Class A diluted | 994 | 1,001 | 1,015 | ||||||||
Net income per share attributable to common stockholders: | |||||||||||
Class A basic | $ | 2.62 | $ | 3.00 | $ | 1.93 | |||||
Class A diluted | $ | 2.60 | $ | 2.98 | $ | 1.91 | |||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 5, 2026 | Showing above |
| 2024 | Feb 4, 2025 | |
| 2023 | Feb 5, 2024 | |
| 2022 | Feb 14, 2023 | |
| 2021 | Feb 11, 2022 | |
| 2020 | Feb 25, 2021 | |
| 2019 | Feb 13, 2020 | |
| 2018 | Feb 19, 2019 | |
| 2017 | Feb 23, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.