Hess Midstream
HESM
Operating Margin for Hess Midstream (HESM)
Operating Margin as of September 2023 (TTM): 62.14%
According to Hess Midstream's latest financial reports and stock price the company's current Operating Margin is 62.14%. At the end of 2022 the company had an Operating Margin of 50.75%.
Operating Margin history for Hess Midstream from 2014 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 50.75% | -3.39% |
| 2021 | 52.53% | 16.56% |
| 2020 | 45.07% | 20.38% |
| 2019 | 37.44% | -18.02% |
| 2018 | 45.67% | -9.27% |
| 2017 | 50.34% | 24.39% |
| 2016 | 40.47% | 18.24% |
| 2015 | 34.22% | 165.05% |
| 2014 | 12.91% | -121.26% |
| 2013 | -60.73% | 39.47% |
| 2012 | -43.55% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 PEDEVCO
PED | -8.19% | -113.18% | 🇺🇸 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.