Baker Hughes Co (BKR) Operating Margin (2016 - 2026)
Baker Hughes' Operating Margin came in at 12.74% for Q2 2026, down 0.31 percentage points from 13.05% a year earlier but up 0.87 percentage points from the prior quarter.
Baker Hughes Co (BKR) Operating Margin (2016 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Baker Hughes reported Operating Margin of 12.93%, up 1.09 percentage points year-over-year; for FY2025, it came in at 12.28%, up 1.21 percentage points from FY2024.
- Operating Margin has increased in each of the last three years, with a five-year change of +89.45 percentage points (FY2020 to FY2025).
- Going back by year, Operating Margin was 11.07% in FY2024 (+1.99 pp), 9.08% in FY2023 (+3.48 pp), 5.60% in FY2022 (-0.79 pp) and 6.39% in FY2021 (+83.56 pp).
- The five-year range for quarterly Operating Margin is -0.50% (Q2 2022) to 13.59% (Q3 2025).
- Year-over-year, Operating Margin increased in five of the last eight quarters, with an average year-over-year change of +1.19 percentage points.
- The fastest year-over-year change in Operating Margin over five years came in Q2 2023 (a gain of 8.63 percentage points), and the weakest in Q2 2022 (a drop of 4.27 percentage points).
- Business Quant data shows BKR's Operating Margin at 11.87% (Q1 2026), 13.43% (Q4 2025) and 13.59% (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 12.74% |
| Mar 31, 2026 | 11.87% |
| Dec 31, 2025 | 13.43% |
| Sep 30, 2025 | 13.59% |
| Jun 30, 2025 | 13.05% |
| Mar 31, 2025 | 12.03% |
| 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% |
Baker Hughes Co Operating 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=operating-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=BKR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();