According to Kinder Morgan's latest financial reports and stock price the company's current Operating Margin is 28.39%. At the end of 2023 the company had an Operating Margin of 20.88%.
Year | Operating Margin | Change |
---|---|---|
2023 | 20.88% | 20.18% |
2022 | 17.37% | 30.02% |
2021 | 13.36% | 136.47% |
2020 | 5.65% | -76.42% |
2019 | 23.96% | 35.24% |
2018 | 17.72% | 12.37% |
2017 | 15.77% | 25.7% |
2016 | 12.54% | 134.03% |
2015 | 5.36% | -71.86% |
2014 | 19.05% | -22.04% |
2013 | 24.43% | 81.45% |
2012 | 13.47% | 32.05% |
2011 | 10.20% | 248.14% |
2010 | 2.93% | -80.86% |
2009 | 15.30% | -163.86% |
2008 | -23.96% |
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.