Baker Hughes Co Annual Operating Margin in % from 2016 to 2024

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Baker Hughes Co quarterly/annual Operating Margin history and growth rate from 2016 to 2024.
  • Baker Hughes Co Operating Margin for the quarter ending December 31, 2024 was 11.1 %, a 21.9% increase year-over-year.
  • Baker Hughes Co annual Operating Margin for 2024 was 11.1 %, a 21.9% increase from 2023.
  • Baker Hughes Co annual Operating Margin for 2023 was 9.08 %, a 62.1% increase from 2022.
  • Baker Hughes Co annual Operating Margin for 2022 was 5.6 %, a 12.4% decline from 2021.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2024 11.1 +1.99 +21.9% Jan 1, 2024 Dec 31, 2024
2023 9.08 +3.48 +62.1% Jan 1, 2023 Dec 31, 2023
2022 5.6 -0.79 -12.4% Jan 1, 2022 Dec 31, 2022
2021 6.39 +83.6 Jan 1, 2021 Dec 31, 2021
2020 -77.2 -81.7 -1813% Jan 1, 2020 Dec 31, 2020
2019 4.51 +1.44 +47% Jan 1, 2019 Dec 31, 2019
2018 3.06 +4.72 Jan 1, 2018 Dec 31, 2018
2017 -1.65 -5.15 -147% Jan 1, 2017 Dec 31, 2017
2016 3.49 Jan 1, 2016 Dec 31, 2016
* An asterisk sign (*) next to the value indicates that the value is likely invalid.