Baker Hughes Co (BKR) closed fiscal year 2025 with a gross margin of 23.6 % and a net margin of 9.3 %.
Baker Hughes Co (BKR) closed fiscal year 2025 with a gross margin of 23.6 % and a net margin of 9.3 %. The same year shows an EBITDA margin of 15.5 % and an EBIT margin of 11.2 %. The free cash flow margin was 9.1 %. Against the previous year the gross margin moved +0.3 pp and the net margin −1.4 pp. Across the period the gross margin ranges between 17.4 % in 2018 and 26.9 % in 2015. The series covers 11 fiscal years, from 2015 to 2025. Margins are expressed as a percentage of net revenue and are derived from the same figures as the income statement, taken from as-reported SEC EDGAR filings, with no restatements or adjustments of our own.
Fiscal year end: December
| 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross margin (%) | 26.94 % | 24.05 % | 17.67 % | 17.42 % | 18.59 % | — | — | 20.80 % | 23.14 % | 23.30 % | 23.60 % |
| EBITDA margin (%) | 2.35 % | 7.70 % | 4.77 % | 9.56 % | 10.45 % | -70.81 % | 11.78 % | 10.62 % | 13.35 % | 15.15 % | 15.46 % |
| EBIT margin (%) | -0.83 % | 3.49 % | -1.65 % | 3.06 % | 4.51 % | -77.17 % | 6.39 % | 5.60 % | 9.08 % | 11.07 % | 11.17 % |
| Net margin (%) | 0.00 % | 0.00 % | -0.60 % | 0.85 % | 0.54 % | -48.01 % | -1.07 % | -2.84 % | 7.62 % | 10.70 % | 9.33 % |
| FCF margin (%) | 4.01 % | -1.24 % | -8.52 % | 3.35 % | 3.72 % | 1.59 % | 7.40 % | 4.25 % | 7.21 % | 7.38 % | 9.15 % |
