Baker Hughes
BKR
$32.67
Share price
-1.00%
Change (1 day)
8.21%
Change (1 year)
Baker Hughes Company is an American international industrial service company and one of the world's largest oil field services companies. The company provides the oil and gas industry with products and services for oil drilling, formation evaluation, completion, production and reservoir consulting.
Operating Margin for Baker Hughes (BKR)
Operating Margin as of April 2024 (TTM): 9.07%
According to Baker Hughes 's latest financial reports and stock price the company's current Operating Margin is 9.07%. At the end of 2022 the company had an Operating Margin of 0.10%.
Operating Margin history for Baker Hughes from 2017 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 0.10% | -95.01% |
| 2021 | 2.08% | -102.84% |
| 2020 | -73.42% | -2424.34% |
| 2019 | 3.16% | 33.58% |
| 2018 | 2.36% | -217.41% |
| 2017 | -2.01% | -145.76% |
| 2016 | 4.40% | -564.86% |
| 2015 | -0.95% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | -8.19% | -190.30% | 🇺🇸 USA |
What is a company's Operating Margin
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.