Heritage Global
HGBL
#9193
Rank
$58.87 M
Marketcap
$1.62
Share price
0.62%
Change (1 day)
-44.71%
Change (1 year)

Operating Margin for Heritage Global (HGBL)

Operating Margin as of November 2024 (TTM): 23.11%

According to Heritage Global's latest financial reports and stock price the company's current Operating Margin is 23.11%. At the end of 2023 the company had an Operating Margin of 23.12%.

Operating Margin history for Heritage Global from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202323.12%-1.48%
202223.46%102.25%
202111.60%-49.5%
202022.97%101.29%
201911.41%-32.85%
201816.99%-611.26%
2017-3.32%-2363.16%
20160.15%-100.25%
2015-59.70%565.81%
2014-8.97%-76.32%
2013-37.87%99.69%
2012-18.96%-174.83%
201125.34%-82.99%
2010148.99%-855.16%
2009-19.73%-157.94%
200834.05%
2004-755.37%594.99%
2003-108.69%1171.47%
2002-8.55%-78.2%
2001-39.21%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-5.60%-124.23%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.