Baker Hughes Co (BKR)

Operating profit margin

		Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020
Operating income (ttm)	US$ in thousands	3,081,000	3,067,000	2,851,000	2,532,000	2,317,000	2,329,000	1,884,000	1,345,000	1,186,000	1,097,000	1,206,000	1,425,000	1,310,000	918,000	491,000	245,000	-15,978,000	-15,830,000	-15,484,000	-15,161,000
Revenue (ttm)	US$ in thousands	27,631,000	26,809,000	26,547,000	25,693,000	24,941,000	23,990,000	22,603,000	21,333,000	20,452,000	20,453,000	20,175,000	20,265,000	20,202,000	20,101,000	20,058,000	19,648,000	20,306,000	21,363,000	22,203,000	23,474,000
Operating profit margin		11.15%	11.44%	10.74%	9.85%	9.29%	9.71%	8.34%	6.30%	5.80%	5.36%	5.98%	7.03%	6.48%	4.57%	2.45%	1.25%	-78.69%	-74.10%	-69.74%	-64.59%

December 31, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $3,081,000K ÷ $27,631,000K
= 11.15%

The operating profit margin of Baker Hughes Co has shown a notable improvement over the time period provided. Starting from negative figures in the first half of 2020, the company managed to reverse the trend and consistently increase its operating profit margin. From March 31, 2021, where it showed a modest positive margin of 1.25%, the company demonstrated a steady growth in profitability with margins reaching 11.15% by December 31, 2024.

This improvement indicates that Baker Hughes Co has been able to increase its operational efficiency and control costs effectively, leading to better profitability per dollar of revenue generated. The positive trend in the operating profit margin reflects positively on the company's ability to manage its operations and generate income, which could potentially enhance shareholder value and overall financial health.