Baker Hughes CoFRA:68V -4.99%71 Net Margin % is 14.12% as of Mar. 2026, which is 1917% above its 10-year median of 0.70. GuruFocus rates FRA:68V with a GF Score™ of 71/100 and a GF Value™ of €36.61 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Baker Hughes Co ranks better than 71.72% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Baker Hughes Co's Net Income for the
three
months ended in Mar. 2026 was €804 Mil. Baker Hughes Co's Revenue for the
three
months ended in Mar. 2026 was €5,698 Mil. Therefore, Baker Hughes Co's net margin for the quarter that ended in Mar. 2026 was 14.12%.
The historical rank and industry rank for Baker Hughes Co's Net Margin % or its related term are showing as below:
FRA:68V'
s Net Margin % Range Over the Past 10 Years
Min: -48.01 Med: 0.7 Max: 11.17
Current: 11.17
FRA:68V's Net Margin % is ranked better than 71.72% of 916
companies
in the Oil & Gas industry
Industry Median: 3.435
vs FRA:68V: 11.17
Baker Hughes Co (FRA:68V) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Baker Hughes Co Net Margin % Related Terms
Baker Hughes Co Net Margin % Historical Data
* Premium members only.
The historical data trend for Baker Hughes Co's Net Margin % 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.
For the Oil & Gas Equipment & Services subindustry, Baker Hughes Co's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Baker Hughes Co's Net Margin % distribution charts can be found below:
* The bar in red indicates where Baker Hughes Co's Net Margin % falls into.
* 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.
Baker Hughes Co (FRA:68V) has a Net Margin % of 14.12% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Baker Hughes Co and its competitors. This is 1917% above median its historical median of 0.70. According to the industry distribution chart, Baker Hughes Co ranks #259 out of 916 companies in the Oil & Gas industry, placing it in the top 28.3%.
Is Baker Hughes Co's Net Margin % too high?
Baker Hughes Co's current Net Margin % of 14.12% is 1917% above median its 10-year median of 0.70. The Oil & Gas industry median Net Margin % is 3.44. Baker Hughes Co's value of 14.12% is 311.1% above this industry median. Based on the distribution chart, Baker Hughes Co ranks #259 out of 916 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Baker Hughes Co has a GF Score™ of 71/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Baker Hughes Co's Net Margin % compare to SLB and HAL?
According to the Oil & Gas industry distribution chart, Baker Hughes Co ranks #259 out of 916 companies for Net Margin %. This puts Baker Hughes Co in the upper half of its industry. The industry median Net Margin % is 3.44. Baker Hughes Co's value of 14.12% is 311.1% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 3.44, Baker Hughes Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.44, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Baker Hughes Co's current Net Margin % of 14.12% is 311.1% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Baker Hughes Co and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.44 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Baker Hughes Co's current Net Margin % is 14.12%, which is 1917% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Baker Hughes Co stock overvalued right now?
Based on GuruFocus' analysis, Baker Hughes Co (FRA:68V) is currently considered Significantly Overvalued. The stock's GF Value™ is €36.61, compared to a current price of €48.90 — trading 33.6% above its estimated fair value. The current Net Margin % is 14.12%, which is 1917% above median its 10-year median of 0.70 and 311.1% above the Oil & Gas industry median of 3.44. Baker Hughes Co's overall GF Score™ is 71/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Baker Hughes Co (FRA:68V), the current Net Margin % is 14.12% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Baker Hughes Co (FRA:68V) Overvalued in 2026?
Based on GuruFocus' analysis, Baker Hughes Co stock appears to be overvalued.
The current stock price of €48.90 is trading 33.6% above its estimated GF Value™ of €36.61.
GuruFocus considers Baker Hughes Co to be Significantly Overvalued.
Key valuation signals for FRA:68V:
Net Margin %: 14.12% (1917% above median its 10-year median of 0.70)
GF Value™: €36.61 vs. price of €48.90 (33.6% above fair value)
Industry Position: 311.1% above the Oil & Gas median (#259 of 916)
No single metric tells the full story. See the FRA:68V stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Following a 2022 reorganization, Baker Hughes operates in two segments: oilfield services and equipment, and industrial and energy technology. The firm's oilfield services and equipment segment is one of the Big Three oilfield-services players, along with SLB and Halliburton, and mostly supplies to hydrocarbon developers and producers, including national oil companies, major integrated firms, and independents. Markets outside of North America buy roughly three-fourths of the segment's offerings. Baker Hughes' industrial and energy technology segment manufactures and sells turbines, compressors, pumps, valves, and related testing and monitoring services for various energy and industrial applications.
71GF Score
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