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Baker Hughes BKR Gross margin

Discontinued — last reported Q4 '19

Gross margin at other companies

Honeywell International logo
Honeywell InternationalHON
30.8%-1.3pp
Ametek logo
AmetekAME
36.3%+0.1pp
Air Products and Chemicals logo
Air Products and ChemicalsAPD
32%0.0pp
IR
Ingersoll RandIR
43.2%-0.6pp
Caterpillar logo
CaterpillarCAT
96.6%-4.4pp
Howmet Aerospace logo
Howmet AerospaceHWM
35%+2.9pp

Other financials

Income statement

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Revenue$6.6B+2.5%
Net income$930.0M+131%

Balance sheet

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Cash & equivalents$14.8B+351%
Total equity$19.3B+13.3%
Total assets$50.9B+33.6%

Cash flow

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Operating cash flow$500.0M-29.5%
CapEx$336.0M+12.0%
Free cash flow$164.0M-59.9%

Valuation

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Market cap$59.59B+39.1%
P/E19.1×+4.5×
P/S2.1×+0.6×

Profitability

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Operating margin11.1%+2.0pp
Net margin11.2%+0.7pp

Returns & leverage

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Return on equity17.1%-0.9pp
Debt / equity0.0×
Current ratio2.1×+0.8×

Where this comes from

Calculated from Baker Hughes’s reported figures.

Based on trailing twelve months.

The official record: Baker Hughes’s 10-K, filed February 14, 2023, on SEC EDGAR. View the filing →

Questions, answered.

What does gross margin mean?
How much of every sales dollar is left after the direct cost of what was sold.
How do you interpret gross margin?
Higher and stable gross margins indicate pricing power and a durable cost structure. A declining trend signals input-cost pressure, pricing competition, or a shift toward lower-margin products.
How does gross margin compare across companies?
Highly comparable within an industry, less so across industries — software runs 70%+ while distributors run in single digits. Track the trend more than the absolute level across sectors.