Company / Operating Margin
Baker Hughes Operating Margin History
FY2016-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Operating Margin
11.1%
FY2024
5-year range
-77.2% / 11.1%
FY2020-FY2024
Trend
+21.9%
vs FY2023
Sector context
#43 of 81
Energy
What the data says
At 11.1%, Baker Hughes's operating margin ranks #43 of 81 in the Energy sector. Operating Margin has fluctuated over the past 9 years, ranging from -77.2% in FY2022 to 11.1% in FY2024.
Based on SEC 10-K filings.
11.1% in FY2024 with a 5-year CAGR of +6.6%.
Improved from -77.2% to 11.1% over the past 2 years.
Energy sector context is included.
Operating Margin over time
Growth rates
- 3-Year Change
- +6.6pp
- 5-Year Change
- +6.6pp
- 10-Year Change
- -
Sector benchmark
#43 of 81 in EnergyTop 53% of 81This company 11.1% Sector average 12.0%
▼
-7.4% below sector average
Key checks
Key Insights
- In FY2024, operating margin increased 21.9% year-over-year.
- Currently 0.9pp below the Energy sector average.
- Lowest operating margin in the period was in FY2022.
Company context
Key Data Points
- Altman Z-Score 1.06 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Operating MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | 11.1% | +21.9% |
| FY2023 | 9.1% | +111.8% |
| FY2022 | -77.2% | -1811.1% |
| FY2021 | 4.5% | +47.4% |
| FY2020 | 3.1% | -32.2% |
| FY2019 | 4.5% | +29.2% |
| FY2018 | 3.5% | +311.5% |
| FY2017 | -1.7% | -147.2% |
| FY2016 | 3.5% | +522.5% |
As of FY2024 · SEC 10-K · Updated Jun 30, 2026