Baker Hughes profit margin BKR
Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.
- Net margin, 12 months
- 11.2%
- Operating margin, 12 months
- 12.0%
- Net margin on a year earlier
- +0.1 pts
- Peer median
- 7.7%
Over the twelve months to Jun 30, 2026, Baker Hughes kept 11.2% of its revenue as net profit, with an operating margin of 12.0% and a gross margin of 23.6%.
Five years earlier its net margin was −0.2%.
The median for 5 oilfield services stocks of a similar size is 7.7%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 9.3% | 12.1% | 23.6% |
| FY2024 | 10.7% | 11.3% | 23.3% |
| FY2023 | 7.6% | 9.1% | 20.6% |
| FY2022 | −2.8% | 5.6% | 20.8% |
| FY2021 | −1.1% | 6.4% | 19.7% |
| FY2020 | −48.0% | −77.2% | 15.5% |
| FY2019 | 0.5% | 4.5% | 18.6% |
| FY2018 | 0.9% | 3.1% | 17.4% |
| FY2017 | −0.6% | −1.7% | 17.7% |
| FY2016 | 0.0% | n/a | n/a |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 11.2% | +0.1 pts | 12.0% | |
| Q1 FY26 | 11.2% | +0.7 pts | 12.1% | |
| Q4 FY25 | 9.3% | −1.4 pts | 12.1% | |
| Q3 FY25 | 10.4% | +2.2 pts | 11.7% | |
| Q2 FY25 | 11.0% | +3.7 pts | 11.7% | |
| Q1 FY25 | 10.5% | +3.6 pts | 11.5% | |
| Q4 FY24 | 10.7% | +3.1 pts | 11.3% | |
| Q3 FY24 | 8.2% | +1.3 pts | 11.5% | |
| Q2 FY24 | 7.4% | +2.4 pts | 10.8% | |
| Q1 FY24 | 7.0% | +7.4 pts | 9.9% | |
| Q4 FY23 | 7.6% | +10.5 pts | 9.1% | |
| Q3 FY23 | 6.9% | +9.2 pts | 9.5% |
Against its peers
Companies in Oil & Gas Equipment & Services nearest Baker Hughes' size, closest first, today.
| Company | Profit margin |
|---|---|
| BKRBaker Hughes | 11.2% |
| SLBSlb | 8.5% |
| HALHalliburton | 7.2% |
| FTITechnipFMC | 11.3% |
| NOVNOV | 1.1% |
| WFRDWeatherford International | 7.7% |
| Peer median | 7.7% |
Where Baker Hughes ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on Baker Hughes
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.