Baker Hughes Q4 revenue $7.4B (+8% YoY), adj. EPS $0.70, raises dividend 10% to $0.23

Baker Hughes Co

2024-FY EPS reported $2.98 revenue$27,829,000,000

GAAP diluted EPS Q4 $1.18 (full-year $2.98); adjusted EPS Q4 $0.70 (full-year $2.35).
Q4 revenue $7.4B (+8% YoY); full-year revenue $27.8B (+9% YoY).
Q4 adjusted EBITDA $1,310M (+20% YoY); full-year $4,591M (+22% YoY).
Q4 free cash flow $894M; full-year FCF $2,257M; returned $1,320M to shareholders in 2024.
Dividend raised 10% to $0.23/quarter; management confident in 20% EBITDA margin targets for OFSE in 2025 and IET in 2026.

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