Baker Hughes annual gross margin
2016
2017
2018
2019
Baker Hughes's gross margin was 18.59% for fiscal 2019.
View full Baker Hughes company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 18.59% | +1.17 pp |
| 2018 | 2018-12-31 | 17.42% | −0.25 pp |
| 2017 | 2017-12-31 | 17.67% | −6.38 pp |
| 2016 | 2016-12-31 | 24.05% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|
Across the available reported history, Baker Hughes's gross margin increased from 17.42% to 18.59%, a change of +1.17 percentage points.
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.
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 ↗