According to HMM's latest financial reports and stock price the company's current Operating Margin is 30.55%. At the end of 2023 the company had an Operating Margin of 14.43%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.43% | -74.66% |
2022 | 56.97% | 38.49% |
2021 | 41.14% | 387.19% |
2020 | 8.44% | -359.62% |
2019 | -3.25% | -72.18% |
2018 | -11.69% | -42.41% |
2017 | -20.30% | 318.86% |
2016 | -4.85% | -37.45% |
2015 | -7.75% | 242.66% |
2014 | -2.26% | -60.35% |
2013 | -5.70% | -28.62% |
2012 | -7.99% | 176.04% |
2011 | -2.89% | -140.4% |
2010 | 7.17% | -185.41% |
2009 | -8.39% | -192.93% |
2008 | 9.03% | 24.35% |
2007 | 7.26% |
The operating margin is a key indicator to assess the profitability of a company. Higher operating margins are generaly better as they show that a company is able to sell its products or services for much more than their production costs. The operating margin is calculated by dividing a company's earnings by its revenue.