Overview Financials News + Filings Key Docs Charts Transactions Holdings Ownership Insiders
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| In millions, except per share items | Dec-31-20 | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K/A |
| Revenues: |
| Oilfield Services | 10,140.0 | 12,889.0 | 11,617.0 | 5,881.0 | | 1,411.0 | | |
| North America | 4,638.0 | 6,188.0 | 6,576.0 | 4,409.0 | | 4,334.0 | 12,835.0 | 11,579.0 |
| Turbo-machinery & Process Solutions | 5,705.0 | 5,536.0 | 6,015.0 | 6,295.0 | | 7,985.0 | | |
| Oilfield Equipment | 2,844.0 | 2,921.0 | 2,641.0 | 2,661.0 | | 5,060.0 | | |
| Other | | | | | | | 11,716.0 | 10,785.0 |
| Total revenues [+] | 20,705.0 | 23,838.0 | 22,877.0 | 17,179.0 | 13,082.0 | 16,688.0 | 24,551.0 | 22,364.0 |
| Products | | | | | | 12,353.0 | 8,056.0 | 7,594.0 |
| Services | | | | | | 4,335.0 | 16,495.0 | 14,770.0 |
| Revenue growth [+] | -13.1% | 4.2% | 33.2% | 31.3% | -21.6% | -32.0% | 9.8% | 4.7% |
| Oilfield Services | -21.3% | 10.9% | 97.5% | | | | | |
| North America | -25.0% | -5.9% | 49.1% | | | -66.2% | 10.8% | 0.7% |
| Turbo-machinery & Process Solutions | 3.1% | -8.0% | -4.4% | | | | | |
| Oilfield Equipment | -2.6% | 10.6% | -0.8% | | | | | |
| Digital Solutions | -19.1% | -4.3% | 11.2% | | | | | |
| Cost of goods sold [+] | 17,506.0 | 19,406.0 | 18,891.0 | 13,731.0 | 10,150.0 | 12,193.0 | 19,746.0 | 18,553.0 |
| Cost of product sales | | | | | | 9,271.0 | 6,294.0 | 5,932.0 |
| Cost of services | | | | | | 2,922.0 | 13,452.0 | 12,621.0 |
| Gross profit | 3,199.0 | 4,432.0 | 3,986.0 | 3,448.0 | 2,932.0 | 4,495.0 | 4,805.0 | 3,811.0 |
| Gross margin | 15.5% | 18.6% | 17.4% | 20.1% | 22.4% | 26.9% | 19.6% | 17.0% |
| Selling, general and administrative | 2,404.0 | 2,832.0 | 2,699.0 | 2,535.0 | 1,926.0 | 2,115.0 | 1,333.0 | 1,306.0 |
| Research and development | | | | | | | 1,043.0 | 926.0 |
| Equity in earnings | | | 139.0 | 11.0 | | | | |
| Other operating expenses | | | | | | | -430.0 | |
| EBITDA [+] | 2,112.0 | 3,018.0 | 2,912.0 | 2,027.0 | 1,556.0 | 2,910.0 | 4,673.0 | 3,647.0 |
| EBITDA growth | -30.0% | 3.6% | 43.7% | 30.3% | -46.5% | -37.7% | 28.1% | -3.0% |
| EBITDA margin | 10.2% | 12.7% | 12.7% | 11.8% | 11.9% | 17.4% | 19.0% | 16.3% |
| Depreciation | 1,009.0 | 1,053.0 | 1,031.0 | 716.0 | 311.0 | 351.0 | 1,707.0 | 1,579.0 |
| EBITA | 1,103.0 | 1,965.0 | 1,881.0 | 1,311.0 | 1,245.0 | 2,559.0 | 2,966.0 | 2,068.0 |
| EBITA margin | 5.3% | 8.2% | 8.2% | 7.6% | 9.5% | 15.3% | 12.1% | 9.2% |
| Amortization of intangibles | 308.0 | 365.0 | 455.0 | 387.0 | 239.0 | 179.0 | 107.0 | 119.0 |
| EBIT [+] | 795.0 | 1,600.0 | 1,426.0 | 924.0 | 1,006.0 | 2,380.0 | 2,859.0 | 1,949.0 |
| EBIT growth | -50.3% | 12.2% | 54.3% | -8.2% | -57.7% | -16.8% | 46.7% | -11.1% |
| EBIT margin | 3.8% | 6.7% | 6.2% | 5.4% | 7.7% | 14.3% | 11.6% | 8.7% |
| Non-recurring items [+] | 16,717.0 | 526.0 | 586.0 | 1,197.0 | 549.0 | 2,518.0 | | |
| Asset impairment | 14,717.0 | | | 412.0 | 516.0 | 2,491.0 | | |
| Interest expense | 264.0 | 237.0 | 223.0 | 131.0 | 102.0 | 120.0 | 232.0 | 234.0 |
| Interest expense | 264.0 | 237.0 | 223.0 | 131.0 | 102.0 | 120.0 | 232.0 | 234.0 |
| Other income (expense), net [+] | 1,040.0 | -84.0 | -76.0 | 58.0 | 3.0 | 100.0 | | |
| Other | 1,040.0 | -84.0 | 202.0 | 80.0 | 3.0 | 100.0 | | |
| Pre-tax income | -15,146.0 | 753.0 | 541.0 | -346.0 | 358.0 | -158.0 | 2,627.0 | 1,715.0 |
| Income taxes | 650.0 | 476.0 | 402.0 | 146.0 | 173.0 | 473.0 | 896.0 | 612.0 |
| Tax rate | | 63.2% | 74.3% | | 48.3% | | 34.1% | 35.7% |
| Minority interest | 29.0 | 36.0 | 19.0 | 7.0 | -69.0 | -25.0 | 12.0 | 7.0 |
| Net income | -15,825.0 | 241.0 | 120.0 | -499.0 | 254.0 | -606.0 | 1,719.0 | 1,096.0 |
| Net margin | -76.4% | 1.0% | 0.5% | -2.9% | 1.9% | -3.6% | 7.0% | 4.9% |
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| Basic EPS [+] | | | | | $0.59 | ($1.38) | $3.93 | $2.47 |
| Growth | | | | | -142.3% | -135.2% | 59.0% | -17.0% |
| Diluted EPS [+] | | | | | $0.59 | ($1.38) | $3.92 | $2.47 |
| Growth | | | | | -142.3% | -135.3% | 58.6% | -17.0% |
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| Dividends per share [+] | | | | | | | $0.64 | $0.60 |
| Growth | | | | | | -100.0% | 5.9% | 0.8% |
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| Shares outstanding (basic) [+] | | | | | 434.0 | 438.0 | 437.0 | 443.0 |
| Growth | | | | | -0.9% | 0.2% | -1.4% | 0.7% |
| Shares outstanding (diluted) [+] | | | | | 434.0 | 438.0 | 439.0 | 444.0 |
| Growth | | | | | -0.9% | -0.2% | -1.1% | 0.7% |
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| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
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