Baker Hughes Co (BKR)
33.22
+0.38
(+1.16%)
USD |
NASDAQ |
Apr 29, 16:00
33.21
-0.01
(-0.03%)
After-Hours: 20:00
Baker Hughes Gross Profit Margin (Quarterly): 19.91% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 19.91% |
| December 31, 2023 | 21.17% |
| September 30, 2023 | 20.22% |
| June 30, 2023 | 20.76% |
| March 31, 2023 | 20.10% |
| December 31, 2022 | 22.64% |
| September 30, 2022 | 20.94% |
| June 30, 2022 | 19.22% |
| March 31, 2022 | 20.06% |
| December 31, 2021 | 21.97% |
| September 30, 2021 | 19.83% |
| June 30, 2021 | 18.98% |
| March 31, 2021 | 17.94% |
| December 31, 2020 | 18.36% |
| September 30, 2020 | 14.99% |
| Date | Value |
|---|---|
| June 30, 2020 | 14.32% |
| March 31, 2020 | 13.92% |
| December 31, 2019 | 20.38% |
| September 30, 2019 | 18.72% |
| June 30, 2019 | 17.72% |
| March 31, 2019 | 17.38% |
| December 31, 2018 | 19.73% |
| September 30, 2018 | 17.18% |
| June 30, 2018 | 16.87% |
| March 31, 2018 | 15.58% |
| December 31, 2017 | 14.81% |
| September 30, 2017 | 17.96% |
| June 30, 2017 | 17.88% |
| March 31, 2017 | 22.39% |
Gross Profit Margin Definition
Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.
Gross Profit Margin (Quarterly) Range, Past 5 Years
13.92%
Minimum
Mar 2020
22.64%
Maximum
Dec 2022
19.11%
Average
19.87%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Halliburton Co | 18.64% |
| Schlumberger Ltd | 19.52% |
| Matador Resources Co | 44.25% |
| Diamondback Energy Inc | 56.25% |
| Exxon Mobil Corp | 23.51% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 11.90% |
| Return on Assets | 5.01% |
| Return on Invested Capital | 8.40% |
| Profit Margin (Quarterly) | 7.09% |
| Operating Margin (Quarterly) | 10.28% |
| Return on Net Operating Assets | 6.86% |