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 annualizedGross Profit for the quarter that ended in Mar. 2024 was $5,112 Mil.
Baker Hughes Co's average Total Assets over the quarter that ended in Mar. 2024 was $37,043 Mil. Therefore, Baker Hughes Co's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2024 was 13.80%.
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.
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:
* 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
Thank you for viewing the detailed overview of Baker Hughes Co's Gross-Profit-to-Asset % provided by GuruFocus.com. Please click on the following links to see related term pages.
Baker Hughes Co (Baker Hughes Co) Business Description
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.
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