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Baker Hughes BKR Gross Profit

Discontinued — last reported Q4 '19

Gross Profit at other companies

TechnipFMC logo
TechnipFMCFTI
$586.5M+18.9%
Honeywell International logo
Honeywell InternationalHON
$3.54B+2.2%
Ametek logo
AmetekAME
$717.56M+14.8%
IR
Ingersoll RandIR
$792.4M+3.5%
Howmet Aerospace logo
Howmet AerospaceHWM
$854M+31.0%
Linde logo
LindeLIN
$4.26B+7.7%

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$57.95B+39.1%
P/E18.6×+4.4×
P/S2.1×+0.6×

Profitability

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Gross margin18.6%
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

Reported directly by Baker Hughes in its filing.

Tagged under the XBRL concept us-gaap:GrossProfit.

The official record: Baker Hughes’s 10-K, filed February 13, 2020, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?
The total revenue earned from sales minus the direct costs required to produce those goods or services.
How do you interpret gross profit?
An increase suggests improved pricing power or more efficient production processes, while a decrease may indicate rising input costs or competitive pricing pressure.
How does gross profit compare across companies?
Comparable to gross profit reported by other oilfield service and industrial technology peers, though variations exist based on the specific mix of service-heavy versus equipment-heavy revenue streams.