Helmerich & Payne
HP
Operating Margin for Helmerich & Payne (HP)
Operating Margin as of April 2024 (TTM): 1.50%
According to Helmerich & Payne 's latest financial reports and stock price the company's current Operating Margin is 1.50%. At the end of 2022 the company had an Operating Margin of 1.50%.
Operating Margin history for Helmerich & Payne from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 1.50% | -104.15% |
| 2021 | -36.20% | 0.9% |
| 2020 | -35.88% | 1860.33% |
| 2019 | -1.83% | -387.39% |
| 2018 | 0.64% | -106.23% |
| 2017 | -10.23% | 128.62% |
| 2016 | -4.47% | -121.28% |
| 2015 | 21.03% | -28.65% |
| 2014 | 29.47% | -10.4% |
| 2013 | 32.89% | 14.86% |
| 2012 | 28.64% | 6.03% |
| 2011 | 27.01% | 15.57% |
| 2010 | 23.37% | -23.09% |
| 2009 | 30.39% | -11.58% |
| 2008 | 34.37% | -18.87% |
| 2007 | 42.36% | 17.66% |
| 2006 | 36.00% | 35.57% |
| 2005 | 26.56% | 1961.33% |
| 2004 | 1.29% | -80.44% |
| 2003 | 6.59% | -63.11% |
| 2002 | 17.85% | -37.21% |
| 2001 | 28.43% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Patterson-UTI Energy PTEN | 12.72% | 748.00% | 🇺🇸 USA |
 Nabors Industries
NBR | -0.02% | -101.33% | 🇧🇲 Bermuda |
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.