Baker Hughes (BKR) Net Margin (2017 - 2026)
Baker Hughes (BKR) reported Net Margin of 10.10% for Q2 2026, down 0.04 percentage points from 10.14% a year earlier and down 4.02 percentage points from the prior quarter.
Baker Hughes (BKR) Net Margin (2017 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Baker Hughes' Net Margin came in at 11.17%, up 0.13 percentage points year-over-year; for FY2025, it was 9.33%, down 1.37 percentage points from FY2024.
- Net Margin has a five-year change of +57.34 percentage points (FY2020 to FY2025).
- By year, Net Margin came in at 10.70% in FY2024 (+3.09 pp), 7.62% in FY2023 (+10.46 pp), -2.84% in FY2022 (-1.77 pp) and -1.07% in FY2021 (+46.94 pp).
- Five-year quarterly Net Margin spans a low of -16.62% in Q2 2022 and a high of 16.01% in Q4 2024.
- Year over year, Net Margin gained in four of the last eight quarters, with an average year-over-year change of +1.92 percentage points.
- The high point for year-over-year Net Margin in five years was Q2 2023 (a gain of 23.12 percentage points); the low point was Q2 2022 (a drop of 15.30 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 14.12% (Q1 2026), 11.86% (Q4 2025) and 8.69% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 74.69 Bn | 71.14 Bn | 1.57 Bn | 7.78% |
| 2 | Baker Hughes | 48.29 Bn | 10.02 Bn | 1.96 Bn | 5.12% |
| 3 | Halliburton | 26.55 Bn | 18.45 Bn | 840.00 Mn | 7.31% |
| 4 | TechnipFMC | 25.06 Bn | 21.03 Bn | 728.70 Mn | 14.45% |
| 5 | Noble | 6.56 Bn | 4.63 Bn | 228.22 Mn | -16.06% |
| 6 | Nov | 6.32 Bn | 1.21 Bn | 439.00 Mn | 4.04% |
| 7 | Weatherford International | 6.16 Bn | 1.90 Bn | 374.00 Mn | 10.50% |
| 8 | Transocean | 5.81 Bn | 3.85 Bn | 348.00 Mn | 2.77% |
| 9 | Valaris | 5.47 Bn | 3.23 Bn | 176.30 Mn | 7.77% |
| 10 | Kodiak Gas Services | 4.25 Bn | 4.01 Bn | 246.76 Mn | 13.29% |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 5.12% |
| Jun 30, 2026 | 10.10% |
| Mar 31, 2026 | 14.12% |
| Dec 31, 2025 | 11.86% |
| Sep 30, 2025 | 8.69% |
| Jun 30, 2025 | 10.14% |
| Mar 31, 2025 | 6.25% |
| Dec 31, 2024 | 16.01% |
| Sep 30, 2024 | 11.09% |
| Jun 30, 2024 | 8.11% |
| Mar 31, 2024 | 7.09% |
| Dec 31, 2023 | 6.44% |
| Sep 30, 2023 | 7.80% |
| Jun 30, 2023 | 6.49% |
| Mar 31, 2023 | 10.08% |
| Dec 31, 2022 | 3.08% |
| Sep 30, 2022 | -0.32% |
| Jun 30, 2022 | -16.62% |
| Mar 31, 2022 | 1.49% |
| Dec 31, 2021 | 5.34% |
Baker Hughes Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BKR", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();