Baker Hughes (BKR) Net Margin (2016 - 2026)
Baker Hughes (BKR) reported Net Margin of 14.24% for Q1 2026, up 788.0% on a YoY basis from 1.6% in Q1 2025, and up 18.58% quarter-over-quarter from 12.01% in Q4 2025.
Baker Hughes (BKR) Net Margin (2016 - 2026) Analysis & Trends
Baker Hughes has reported Net Margin for 11 years, with the latest figure at 14.24% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 788.0% year-over-year to 14.24%; the trailing twelve-month figure through Mar 2026 stood at 11.3% (up 69.0% YoY), and the FY2025 full-year result was 9.46%, down 135.0% from the prior year.
- Net Margin for Q1 2026 stood at 14.24%, up from 12.01% in the prior quarter.
- The five-year high for Net Margin was 16.17% in Q4 2024, with the low at 16.58% in Q2 2022.
- Historically, Net Margin has averaged 6.69% across 5 years, with a median of 7.89% in 2023.
- Annual changes were most pronounced in 2022 — Net Margin jumped 10592 bps — and 2025, when it plunged 416 bps.
- Baker Hughes' Net Margin stood at 3.18% in 2022, then surged by 107 bps to 6.6% in 2023, then soared by 145 bps to 16.17% in 2024, then retreated by 26 bps to 12.01% in 2025, then increased by 19 bps to 14.24% in 2026.
- The last three Net Margin figures came in at 14.24% (Q1 2026), 12.01% (Q4 2025), and 8.8% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 82.25 Bn | 80.04 Bn | 4.67 Bn | 8.73% |
| 2 | Baker Hughes | 61.96 Bn | 47.38 Bn | 1.51 Bn | 14.24% |
| 3 | Halliburton | 32.79 Bn | 30.84 Bn | 2.04 Bn | 8.59% |
| 4 | TechnipFMC | 26.73 Bn | 25.47 Bn | 1.49 Bn | 10.43% |
| 5 | Enerflex | 8.62 Bn | 8.57 Bn | - | 19.98% |
| 6 | Nov | 7.27 Bn | 5.98 Bn | 119.00 Mn | 0.97% |
| 7 | Weatherford International | 6.99 Bn | 5.94 Bn | 876.00 Mn | 9.46% |
| 8 | Archrock | 5.95 Bn | 5.95 Bn | 247.42 Mn | 19.87% |
| 9 | Kodiak Gas Services | 5.60 Bn | 5.50 Bn | 222.88 Mn | 5.17% |
| 10 | Liberty Energy | 4.61 Bn | 3.91 Bn | 177.37 Mn | 2.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.24% |
| Dec 31, 2025 | 12.01% |
| Sep 30, 2025 | 8.80% |
| Jun 30, 2025 | 10.29% |
| Mar 31, 2025 | 6.36% |
| Dec 31, 2024 | 16.17% |
| Sep 30, 2024 | 11.20% |
| Jun 30, 2024 | 8.14% |
| Mar 31, 2024 | 7.21% |
| Dec 31, 2023 | 6.60% |
| Sep 30, 2023 | 7.89% |
| Jun 30, 2023 | 6.56% |
| Mar 31, 2023 | 10.16% |
| Dec 31, 2022 | 3.18% |
| Sep 30, 2022 | -0.17% |
| Jun 30, 2022 | -16.58% |
| Mar 31, 2022 | 1.65% |
| Dec 31, 2021 | 6.13% |
| Sep 30, 2021 | 0.31% |
| Jun 30, 2021 | -69.76% |