Hawaiian Electric Industries
HE
#4871
Rank
$1.20 B
Marketcap
$10.88
Share price
-0.64%
Change (1 day)
-72.46%
Change (1 year)

Operating Margin for Hawaiian Electric Industries (HE)

Operating Margin as of April 2024 (TTM): 8.12%

According to Hawaiian Electric Industries's latest financial reports and stock price the company's current Operating Margin is 8.12%. At the end of 2022 the company had an Operating Margin of 8.13%.

Operating Margin history for Hawaiian Electric Industries from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20228.13%-25.46%
202110.91%16.93%
20209.33%-1.21%
20199.44%6.15%
20188.89%-17.81%
201710.82%-31.08%
201615.70%60.43%
20159.79%21.07%
20148.09%5.69%
20137.65%18.76%
20126.44%-3.33%
20116.66%-3.09%
20106.88%23.28%
20095.58%28.93%
20084.33%-16.27%
20075.17%-25.66%
20066.95%-23.51%
20059.09%-12.67%
200410.41%1.62%
200310.24%-6.91%
200211.00%-2.44%
200111.28%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-1.33%-116.38%๐Ÿ‡บ๐Ÿ‡ธ USA
3.84%-52.71%๐Ÿ‡บ๐Ÿ‡ธ USA
10.64% 31.03%๐Ÿ‡บ๐Ÿ‡ธ USA
10.45% 28.69%๐Ÿ‡บ๐Ÿ‡ธ USA
9.39% 15.64%๐Ÿ‡บ๐Ÿ‡ธ USA
9.23% 13.67%๐Ÿ‡บ๐Ÿ‡ธ USA
2.10%-74.14%๐Ÿ‡บ๐Ÿ‡ธ USA
18.09% 122.78%๐Ÿ‡บ๐Ÿ‡ธ USA
8.06%-0.74%๐Ÿ‡บ๐Ÿ‡ธ USA

What is a company's Operating Margin

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.