Baker Hughes Company

BKR Energy Oil & Gas Equipment & Services

Baker Hughes Company’s revenue for fiscal 2025 (year ended December 2025) was $27.7 billion, roughly unchanged from fiscal 2024. In the quarter to June 2026, revenue fell 2.43%, EPS fell 2.82%, free cash flow grew 366.0% and total debt rose 169.4%, each against the same quarter a year earlier. Member of the S&P 500 and Nasdaq 100; dividend growth for five consecutive years, operating cash flow growth for three.

55.70 1.30 +2.39%
Market cap
$54.0B
P/E
17.7×
Fwd P/E
23.2×
Dividend yield
1.65%
F-score
7/9
Altman Z
2.22
Beneish M
−2.67
Dividend safety
78/100

Baker Hughes Company (BKR) Operating margin

Alert me on Operating margin

Baker Hughes Company's operating margin over the twelve months to 30 June 2026 was 14.5%, up 2.5 percentage points from fiscal 2025 (12.1%). Over the past ten years it has ranged from −77.2% (fiscal 2020) to 12.1% (fiscal 2025) — the current reading is the highest in ten years. That is above the Oil & Gas Equipment & Services industry median of 9.34% and in line with the Energy sector median of 14.5%.

Operating margin, annual

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Annual newest first

Period Operating margin Change (points)
FY2025 12.1% 0.83
FY2024 11.2% 2.10
FY2023 9.12% 3.52
FY2022 5.60% (0.79)
FY2021 6.39% 83.56
FY2020 −77.2% (81.68)
FY2019 4.51% 1.45
FY2018 3.06% 4.71
FY2017 −1.65% (5.14)
FY2016 3.49% 4.32

Quarterly newest first

Period Operating margin Change (points)
Jun 2026 14.2% (6.44)
Mar 2026 20.7% 9.39
Dec 2025 11.3% (1.25)
Sep 2025 12.5% (2.27)
42 more quarters

Against its own ten years

Low −77.2% High 12.1%
Ten-year median 4.51%
Current reading's percentile 98

Operating margin against peers

Company Operating margin
LB LandBridge Company LLC compare 61.3%
SEI Solaris Energy Infrastructure, Inc. compare 24.3%
TS Tenaris S.A. compare 18.5%
BKR Baker Hughes Company 14.5%
FTI TechnipFMC plc compare 14.5%
WFRD Weatherford International PLC compare 12.7%
SLB SLB Limited compare 12.4%
HAL Halliburton Company compare 11.4%
NOV NOV Inc. compare 5.08%
Oil & Gas Equipment & Services industry median 9.34%
Energy sector median 14.5%
Market median 0.00%

What Operating margin is

EBIT Margin tells an investor how much operating profit, before interest and taxes, a company keeps from each unit of revenue.

EBIT ÷ Revenue

The full definition of Operating margin →

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