According to Herc Holdings 's latest financial reports and stock price the company's current Operating Margin is 14.53%. At the end of 2022 the company had an Operating Margin of 15.82%.
Year | Operating Margin | Change |
---|---|---|
2022 | 15.82% | 12.97% |
2021 | 14.01% | 165.17% |
2020 | 5.28% | 66.04% |
2019 | 3.18% | -8.59% |
2018 | 3.48% | -194.82% |
2017 | -3.67% | 1064.69% |
2016 | -0.32% | -103.37% |
2015 | 9.35% | 14.55% |
2014 | 8.16% | -7.47% |
2013 | 8.82% | 60.12% |
2012 | 5.51% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
United Rentals
URI | 23.33% | 60.56% | ๐บ๐ธ USA |
Ranger Energy Services RNGR | 5.86% | -59.67% | ๐บ๐ธ USA |
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.