Hexagon
HXGBF
$11.24
Share price
0.00%
Change (1 day)
-3.41%
Change (1 year)
Operating Margin for Hexagon (HXGBF)
Operating Margin as of April 2024 (TTM): 25.94%
According to Hexagon's latest financial reports and stock price the company's current Operating Margin is 25.94%. At the end of 2022 the company had an Operating Margin of 24.18%.
Operating Margin history for Hexagon from 2009 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 24.18% | 6.73% |
| 2021 | 22.66% | 12.29% |
| 2020 | 20.18% | -8.87% |
| 2019 | 22.14% | -7.71% |
| 2018 | 23.99% | 11.9% |
| 2017 | 21.44% | -5.47% |
| 2016 | 22.68% | 9.66% |
| 2015 | 20.68% | 6.67% |
| 2014 | 19.39% | 2.67% |
| 2013 | 18.89% | 1.86% |
| 2012 | 18.54% | 8% |
| 2011 | 17.17% | 128.74% |
| 2010 | 7.51% | -38.52% |
| 2009 | 12.21% | -16.97% |
| 2008 | 14.70% | 4.32% |
| 2007 | 14.09% | 17.33% |
| 2006 | 12.01% | 64.21% |
| 2005 | 7.32% | 11.64% |
| 2004 | 6.55% | 44.1% |
| 2003 | 4.55% | -0.26% |
| 2002 | 4.56% |
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.