Hess
HES
$160.40
Share price
0.28%
Change (1 day)
18.60%
Change (1 year)
Hess Corporation is an American company that explores oil fields worldwide and extracts, transports and refines oil. The company is also operating 1,200 gas stations on the east coast of the United States.
Operating Margin for Hess (HES)
Operating Margin as of May 2024 (TTM): 32.50%
According to Hess's latest financial reports and stock price the company's current Operating Margin is 32.50%. At the end of 2022 the company had an Operating Margin of 32.51%.
Operating Margin history for Hess from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 32.51% | 63.03% |
| 2021 | 19.94% | -132.65% |
| 2020 | -61.07% | -1894.71% |
| 2019 | 3.40% | -2.16% |
| 2018 | 3.48% | -103.29% |
| 2017 | -105.71% | 30.61% |
| 2016 | -80.93% | 26.13% |
| 2015 | -64.17% | -382.82% |
| 2014 | 22.69% | 12.53% |
| 2013 | 20.16% | 87.5% |
| 2012 | 10.75% | 70.16% |
| 2011 | 6.32% | -32.94% |
| 2010 | 9.42% | 83.08% |
| 2009 | 5.15% | -54.92% |
| 2008 | 11.42% | -2.45% |
| 2007 | 11.70% | -18.69% |
| 2006 | 14.39% | 47.09% |
| 2005 | 9.79% | 5.1% |
| 2004 | 9.31% | 70.61% |
| 2003 | 5.46% | -1376.8% |
| 2002 | -0.43% | -103.99% |
| 2001 | 10.72% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -80.37% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | -5.05% | 🇺🇸 USA |
 Marathon Oil
MRO | 39.59% | 21.82% | 🇺🇸 USA |
 Occidental Petroleum OXY | 38.53% | 18.55% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | -38.55% | 🇺🇸 USA |
 Chevron CVX | 19.83% | -38.98% | 🇺🇸 USA |
 Sinopec 600028.SS | 3.13% | -90.37% | 🇨🇳 China |
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.