---
schema_version: "secwatch.filing_event.v1"
accession: "0001701605-24-000007"
form_type: "8-K"
ticker: "BKR"
cik: "0001701605"
company_name: "Baker Hughes Co"
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:07:27.021640+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Baker Hughes Q4 adjusted EPS $0.51; record adjusted EBITDA $1.09B; IET orders $3.03B

## Summary
- GAAP diluted EPS $0.43; adjusted EPS $0.51; net income $439M, up $257M YoY.
- Adjusted EBITDA $1,091M (first above $1B); full-year $3.76B, up 26% YoY.
- IET orders $3.03B in Q4 (5th consecutive quarter above $3B); full-year $14.18B, up 12%.
- Free cash flow $633M in Q4; full-year $2.05B, 54% conversion from adjusted EBITDA.
- Shareholder distributions $521M in Q4 including $320M share repurchases; $1.32B for 2023.

## SEC filing metadata
- accession: 0001701605-24-000007
- form_type: 8-K
- ticker: BKR
- cik: 0001701605
- company_name: Baker Hughes Co
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000007/0001701605-24-000007-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000007/bkr-20240123.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001701605-24-000007
- JSON: https://secwatch.observer/filing/0001701605-24-000007.json
- Plain text: https://secwatch.observer/filing/0001701605-24-000007.txt

## Key facts
- Earnings Releases
  Baker Hughes Co reported financial results for the quarter and year ended December 31, 2023.
  - Period: the quarter and year ended December 31, 2023
  - Result: reported results
  source text: On January 23, 2024, Baker Hughes Company (the “Company”) issued a news release announcing its financial results for the quarter and year ended December 31, 2023, a copy of which is furnished with this Form 8-K as Exhibit 99.1 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1701605/000170160524000007/0001701605-24-000007-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.