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Baker Hughes Co (FRA:68V) Gross-Profit-to-Asset % : 13.82% (As of Mar. 2024)


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What is Baker Hughes Co Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. Baker Hughes Co's annualized Gross Profit for the quarter that ended in Mar. 2024 was €4,703 Mil. Baker Hughes Co's average Total Assets over the quarter that ended in Mar. 2024 was €34,024 Mil. Therefore, Baker Hughes Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.82%.


Baker Hughes Co Gross-Profit-to-Asset % Historical Data

The historical data trend for Baker Hughes Co's Gross-Profit-to-Asset % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Baker Hughes Co Gross-Profit-to-Asset % Chart

Baker Hughes Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only 8.48 6.63 11.47 13.08 14.56

Baker Hughes Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.21 14.66 14.90 15.58 13.82

Competitive Comparison of Baker Hughes Co's Gross-Profit-to-Asset %

For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Baker Hughes Co's Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Baker Hughes Co's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where Baker Hughes Co's Gross-Profit-to-Asset % falls into.



Baker Hughes Co Gross-Profit-to-Asset % Calculation

Baker Hughes Co's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2023 )/( (Total Assets (A: Dec. 2022 )+Total Assets (A: Dec. 2023 ))/ count )
=4815.167/( (32266.864+33878.565)/ 2 )
=4815.167/33072.7145
=14.56 %

Baker Hughes Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2024 )/( (Total Assets (Q: Dec. 2023 )+Total Assets (Q: Mar. 2024 ))/ count )
=4703.04/( (33878.565+34169.72)/ 2 )
=4703.04/34024.1425
=13.82 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2024) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


Baker Hughes Co Gross-Profit-to-Asset % Related Terms

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Baker Hughes Co (FRA:68V) Business Description

Industry
Address
17021 Aldine Westfield Road, Houston, TX, USA, 77073-5101
Baker Hughes is a global leader in oilfield services and oilfield equipment, with particularly strong presences in the artificial lift, specialty chemicals, and completions markets. It maintains modest exposure to offshore oil and gas production. The other half of its business focuses on industrial power generation, process solutions, and industrial asset management, with high exposure to the liquid natural gas market specifically, as well as broader industrials end markets.

Baker Hughes Co (FRA:68V) Headlines

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