Baker Hughes (BKR) Operating Margin (2016 - 2026)
Baker Hughes (BKR) posted Operating Margin of 11.87% for Q1 2026, down 86.92% on a QoQ basis from 90.74% in Q4 2025, and down 2508.0% year-over-year from 0.49% in Q1 2025.
Baker Hughes (BKR) Operating Margin (2016 - 2026) Analysis & Trends
Baker Hughes' Operating Margin history runs 11 years deep, the most recent figure standing at 11.87% for Q1 2026.
- Quarterly Operating Margin fell 2508.0% year-over-year to 11.87% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 56.76% (up 3950.0% YoY) and the FY2025 annual result came in at 63.93%, up 5286.0% from the prior year.
- Operating Margin was 11.87% for Q1 2026 at Baker Hughes, down from 90.74% in the prior quarter.
- Across five years, Operating Margin topped out at 90.74% in Q4 2025 and bottomed at 0.5% in Q2 2022.
- A 5-year average of 21.26% and a median of 10.75% in 2023 frame the typical range for Operating Margin.
- Annual changes were most pronounced in 2025 — Operating Margin soared 8171 bps — and 2026, when it plunged 2508 bps.
- Baker Hughes' Operating Margin stood at 11.23% in 2022, then decreased by 15 bps to 9.52% in 2023, then declined by 5 bps to 9.03% in 2024, then surged by 905 bps to 90.74% in 2025, then tumbled by 87 bps to 11.87% in 2026.
- Business Quant data shows BKR's Operating Margin at 11.87% in Q1 2026, 90.74% in Q4 2025, and 55.04% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Slb | 78.08 Bn | 74.69 Bn | 5.38 Bn | 58.70% |
| 2 | Tenaris | 58.18 Bn | 46.31 Bn | 1.05 Bn | 48.92% |
| 3 | TechnipFMC | 30.64 Bn | 29.36 Bn | 1.64 Bn | 14.51% |
| 4 | Halliburton | 27.87 Bn | 25.86 Bn | 2.04 Bn | 12.57% |
| 5 | Nov | 7.48 Bn | 6.14 Bn | 379.00 Mn | 5.80% |
| 6 | Weatherford International | 6.35 Bn | 5.21 Bn | 776.00 Mn | 9.68% |
| 7 | Archrock | 6.34 Bn | 6.34 Bn | 247.42 Mn | 54.06% |
| 8 | Oceaneering International | 5.28 Bn | 4.67 Bn | 127.27 Mn | 8.35% |
| 9 | Kodiak Gas Services | 5.09 Bn | 4.99 Bn | 222.88 Mn | 30.89% |
| 10 | Baker Hughes | 33.24 Mn | -14.73 Bn | 1.51 Bn | 11.87% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 11.87% |
| Dec 31, 2025 | 90.74% |
| Sep 30, 2025 | 55.04% |
| Jun 30, 2025 | 64.96% |
| Mar 31, 2025 | 36.95% |
| Dec 31, 2024 | 9.03% |
| Sep 30, 2024 | 13.46% |
| Jun 30, 2024 | 11.67% |
| Mar 31, 2024 | 10.17% |
| Dec 31, 2023 | 9.52% |
| Sep 30, 2023 | 10.75% |
| Jun 30, 2023 | 8.14% |
| Mar 31, 2023 | 7.66% |
| Dec 31, 2022 | 11.23% |
| Sep 30, 2022 | 5.01% |
| Jun 30, 2022 | -0.50% |
| Mar 31, 2022 | 5.77% |
| Dec 31, 2021 | 10.46% |
| Sep 30, 2021 | 7.42% |
| Jun 30, 2021 | 3.77% |