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Baker Hughes BKR Operating margin

Operating margin at other companies

Halliburton logo
HalliburtonHAL
11.3%-3.2pp
Schlumberger
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Schlumberger SLB
19.4%+2.6pp
Texas Pacific Land logo
Texas Pacific LandTPL
74.4%-1.6pp
Ametek logo
AmetekAME
25.9%-0.3pp
Air Products and Chemicals logo
Air Products and ChemicalsAPD
18.3%+6.0pp
IR
Ingersoll RandIR
14.5%-3.4pp

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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Gross margin18.6%
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-Q, filed April 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Baker Hughes's operating margin?
Baker Hughes (BKR) reported operating margin of 11.1% in Q4 2024.
How has Baker Hughes's operating margin changed year-over-year?
Baker Hughes's operating margin increased by 21.9% year-over-year, from 9.1% to 11.1%.
What is the long-term trend for Baker Hughes's operating margin?
Over 3 years (2021 to 2024), Baker Hughes's operating margin has grown at a 53.3% compound annual growth rate (CAGR), from 11.8% to 42.5%.
What does operating margin mean?
The profit left from core operations for every dollar of sales, before interest and taxes.
How do you interpret operating margin?
Expanding operating margin shows operating leverage — revenue growing faster than the cost base. Compression points to rising overhead, pricing pressure, or investment ahead of revenue.
How does operating margin compare across companies?
Strong cross-company signal within a sector. Capital-light businesses sustain higher operating margins than capital-intensive ones.