Baker Hughes Gross Margin Growth & History (BKR)

Baker Hughes's gross margin was 18.59% for fiscal 2019.

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Baker Hughes annual gross margin history

Baker Hughes annual gross margin

Fiscal yearPeriod endedGross marginChange (percentage points)
20192019-12-3118.59%+1.17 pp
20182018-12-3117.42%−0.25 pp
20172017-12-3117.67%−6.38 pp
20162016-12-3124.05%

Baker Hughes gross margin trends

Across the available reported history, Baker Hughes's gross margin increased from 17.42% to 18.59%, a change of +1.17 percentage points.

About the metric

What gross margin means

Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.

Calculation and source

How gross margin is calculated

TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.

Review Baker Hughes filings at SEC.gov ↗