Heritage Global
HGBL
$2.25
Share price
-2.17%
Change (1 day)
-40.94%
Change (1 year)
Categories
Operating Margin for Heritage Global (HGBL)
Operating Margin as of June 2024 (TTM): 23.46%
According to Heritage Global's latest financial reports and stock price the company's current Operating Margin is 23.46%. At the end of 2022 the company had an Operating Margin of 23.46%.
Operating Margin history for Heritage Global from 2001 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 23.46% | 102.25% |
| 2021 | 11.60% | -49.5% |
| 2020 | 22.97% | 101.29% |
| 2019 | 11.41% | -32.85% |
| 2018 | 16.99% | -611.26% |
| 2017 | -3.32% | -2358.22% |
| 2016 | 0.15% | -100.25% |
| 2015 | -59.70% | 372.59% |
| 2014 | -12.63% | -67.84% |
| 2013 | -39.28% | 107.16% |
| 2012 | -18.96% | -174.83% |
| 2011 | 25.34% | -82.99% |
| 2010 | 148.99% | -855.16% |
| 2009 | -19.73% | -162.35% |
| 2008 | 31.64% | |
| 2004 | -12.38% | -15.44% |
| 2003 | -14.64% | 239.23% |
| 2002 | -4.32% | -91.4% |
| 2001 | -50.22% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Performant Financial PFMT | -5.86% | -124.98% | 🇺🇸 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.