Gross Margin: 22.83%
Is the gross margin high or low?
The gross margin of 22.83% is in line with its 5-year average of 21.40%, near the high end of its 5-year range (17.94%–24.61%).
As of Thursday, June 25, 2026. 2.55% below its 12-month average of 23.43%.
BKR Gross Margin
Reported quarterly gross margin; no daily interpolation.
BKR Average Gross Margin Chart
BKR Current vs Average Gross Margin Chart
BKR Gross Margin Metrics
GROSS MARGIN
22.83%
GROSS MARGIN AVG TTM
23.43%
GROSS MARGIN AVG 3Y
22.14%
GROSS MARGIN AVG 5Y
21.40%
GROSS MARGIN AVG 10Y
20.17%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.55%
CURRENT VS 3Y AVG
+3.15%
CURRENT VS 5Y AVG
+6.71%
CURRENT VS 10Y AVG
+13.22%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
BKR Competitors' Gross Margin
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baker Hughes Co (BKR) | $56.49B | 22.83% | 23.43% | 22.14% | 21.40% |
| ONEOK, Inc. (OKE)vs › | $56.40B | 23.95% | 22.40% | 22.74% | 22.07% |
| Targa Resources Corp. (TRGP)vs › | $58.14B | 29.88% | 23.26% | 18.91% | 17.67% |
| Occidental Petroleum Corporation (OXY)vs › | $50.94B | 26.23% | 34.70% | 37.70% | 30.44% |
| Suncor Energy Inc. (SU)vs › | $64.19B | 55.48% | 58.87% | 59.64% | 59.36% |
| Energy Transfer LP (ET)vs › | $66.00B | 22.91% | 20.38% | 18.28% | 19.90% |
| Cameco Corporation (CCJ)vs › | $45.11B | 29.79% | 30.32% | 25.84% | 20.67% |
| Phillips 66 (PSX)vs › | $68.86B | 7.04% | 4.16% | 5.87% | 4.46% |
| Slb N.V. (SLB)vs › | $70.90B | 17.33% | 19.38% | 19.24% | 17.32% |
| EOG Resources, Inc. (EOG)vs › | $71.15B | 71.29% | 71.91% | 76.49% | 71.49% |
Gross Margin Analysis
Gross Margin
22.8%
(Revenue - COGS) / Revenue
Gross Margin Formula & Definition
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
Gross Margin FAQ
- What is the gross margin for Baker Hughes Co (BKR)?
- The gross margin for BKR stock is 22.83%.
- Is Baker Hughes Co's gross margin high or low?
- The gross margin of 22.83% is in line with its 5-year average of 21.40%, near the high end of its 5-year range (17.94%–24.61%).
- What is the TTM average gross margin for Baker Hughes Co (BKR)?
- The TTM average gross margin for BKR stock is 23.43%.
- What is the 3Y average gross margin for Baker Hughes Co (BKR)?
- The 3Y average gross margin for BKR stock is 22.14%.
- What is the 5Y average gross margin for Baker Hughes Co (BKR)?
- The 5Y average gross margin for BKR stock is 21.40%.
- What is the 10Y average gross margin for Baker Hughes Co (BKR)?
- The 10Y average gross margin for BKR stock is 20.17%.
BKR Gross Margin History
| DATE | GROSS MARGIN |
|---|---|
| 2026-03-31 | 22.83% |
| 2025-12-31 | 23.73% |
| 2025-09-30 | 24.27% |
| 2025-06-30 | 23.37% |
| 2025-03-31 | 22.95% |
| 2024-12-31 | 20.78% |
| 2024-09-30 | 24.61% |
| 2024-06-30 | 23.06% |
| 2024-03-31 | 19.91% |
| 2023-12-31 | 21.17% |
| 2023-09-30 | 20.22% |
| 2023-06-30 | 20.76% |
| 2023-03-31 | 20.10% |
| 2022-12-31 | 22.64% |
| 2022-09-30 | 20.93% |
| 2022-06-30 | 19.22% |
| 2022-03-31 | 20.06% |
| 2021-12-31 | 21.97% |
| 2021-09-30 | 19.83% |
| 2021-06-30 | 18.98% |
| 2021-03-31 | 17.94% |
| 2020-12-31 | 18.36% |
| 2020-09-30 | 14.99% |
| 2020-06-30 | 14.32% |
| 2020-03-31 | 13.92% |
| 2019-12-31 | 20.40% |
| 2019-09-30 | 18.72% |
| 2019-06-30 | 17.72% |
| 2019-03-31 | 17.38% |
| 2018-12-31 | 19.73% |
| 2018-09-30 | 17.18% |
| 2018-06-30 | 16.87% |
| 2018-03-31 | 15.58% |
| 2017-12-31 | 15.20% |
| 2017-09-30 | 17.96% |
| 2017-06-30 | 17.88% |
| 2017-03-31 | 22.39% |
| 2016-12-31 | 27.62% |
| 2016-09-30 | 24.14% |
| 2016-06-30 | 26.31% |
| 2016-03-31 | 20.81% |
Related Metrics
About Baker Hughes Co
Baker Hughes Company provides a portfolio of technologies and services to energy and industrial value chain. Its Oilfield Services & Equipment segment designs and manufactures exploration, appraisal, development, production, rejuvenation, and decommissioning products and related services for onshore and offshore oilfield operations. This segment also provides drilling services, drill bits, and drilling and completions fluids; completions, intervention, measurements, pressure pumping, and wireline services; artificial lift systems, and oilfield and industrial chemicals; subsea projects and services, flexible pipe systems, and surface pressure control systems; and integrated well services and solutions. It serves oil and natural gas companies; the United States and international independent oil and natural gas companies; national or state-owned oil companies; engineering, procurement, and construction contractors; geothermal companies; and other oilfield service companies. The company’s Industrial & Energy Technology segment offers gas technology equipment, such as drivers, driven equipment, and turnkey solutions for the mechanical and electric-drive, compression, and power-generation applications; aftermarket support and uptime gas technology services; non-destructive testing technologies, software, and services; pre-commissioning and maintenance services; flow control and safety solutions; mechanical and electromechanical gear transmission systems; Cordant, a software solution to optimize assets, processes, and energy use; Bently Nevada, a sensing and protection hardware for rack-based vibrating monitoring equipment and sensors; and climate technology solutions. It serves industrial, upstream, midstream, downstream, onshore, offshore, and small-to-large scale customers. The company has a collaboration with Google Cloud to develop advanced AI-enabled power optimization and sustainability solutions for the global data center sector. The company was formerly known as Baker Hughes, a GE company and changed its name to Baker Hughes Company in October 2019. The company was incorporated in 2016 and is based in Houston, Texas.
- Sector
- Energy
- Industry
- Oil & Gas Equipment & Services
- CEO
- Lorenzo Simonelli