Baker Hughes Co Quarterly Operating Margin in % from Q4 2017 to Q2 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 Q4 2017 to Q2 2024.
  • Baker Hughes Co Operating Margin for the quarter ending June 30, 2024 was 10.6 %, a 30.6% increase year-over-year.
  • 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.
  • Baker Hughes Co annual Operating Margin for 2021 was 6.39 %.
Operating Margin, Quarterly (%)
Operating Margin, YoY Quarterly Growth (%)
Period Value YoY Chg Change % Start Date End Date
Q2 2024 10.6 +2.47 +30.6% Apr 1, 2024 Jun 30, 2024
Q1 2024 9.66 +3.56 +58.4% Jan 1, 2024 Mar 31, 2024
Q4 2023 9.08 +3.48 +62.1% Oct 1, 2023 Dec 31, 2023
Q3 2023 9.47 +4.18 +79% Jul 1, 2023 Sep 30, 2023
Q2 2023 8.08 +2.19 +37.2% Apr 1, 2023 Jun 30, 2023
Q1 2023 6.1 -0.83 -12% Jan 1, 2023 Mar 31, 2023
Q4 2022 5.6 -0.79 -12.4% Oct 1, 2022 Dec 31, 2022
Q3 2022 5.29 +0.81 +18.1% Jul 1, 2022 Sep 30, 2022
Q2 2022 5.89 +3.5 +146% Apr 1, 2022 Jun 30, 2022
Q1 2022 6.93 +5.71 +468% Jan 1, 2022 Mar 31, 2022
Q4 2021 6.39 +83.6 Oct 1, 2021 Dec 31, 2021
Q3 2021 4.48 +77.9 Jul 1, 2021 Sep 30, 2021
Q2 2021 2.4 +71.6 Apr 1, 2021 Jun 30, 2021
Q1 2021 1.22 +65.3 Jan 1, 2021 Mar 31, 2021
Q4 2020 -77.2 -81.7 -1813% Oct 1, 2020 Dec 31, 2020
Q3 2020 -73.4 -78.2 -1649% Jul 1, 2020 Sep 30, 2020
Q2 2020 -69.2 -73.9 -1565% Apr 1, 2020 Jun 30, 2020
Q1 2020 -64.1 -68.1 -1713% Jan 1, 2020 Mar 31, 2020
Q4 2019 4.51 +1.44 +47% Oct 1, 2019 Dec 31, 2019
Q3 2019 4.74 +3.81 +411% Jul 1, 2019 Sep 30, 2019
Q2 2019 4.72 +5.93 Apr 1, 2019 Jun 30, 2019
Q1 2019 3.98 +6.08 Jan 1, 2019 Mar 31, 2019
Q4 2018 3.06 +4.72 Oct 1, 2018 Dec 31, 2018
Q3 2018 0.93 Jul 1, 2018 Sep 30, 2018
Q2 2018 -1.21 Apr 1, 2018 Jun 30, 2018
Q1 2018 -2.11 Jan 1, 2018 Mar 31, 2018
Q4 2017 -1.65 Oct 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.