• Baker Hughes average net profit margin for 2023 was 4.75%, a 416.67% increase from 2022.
• Baker Hughes average net profit margin for 2022 was -1.5%, a 328.57% decline from 2021.
• Baker Hughes average net profit margin for 2021 was -0.35%, a 99.25% increase from 2020.

Net profit margin can be defined as net Income as a portion of total sales revenue.