Hess Midstream
HESM
#1956
Rank
โ‚น688.04 B
Marketcap
โ‚น3,116
Share price
1.17%
Change (1 day)
23.84%
Change (1 year)

Operating Margin for Hess Midstream (HESM)

Operating Margin as of September 2024 (TTM): 61.46%

According to Hess Midstream's latest financial reports and stock price the company's current Operating Margin is 61.46%. At the end of 2023 the company had an Operating Margin of 47.96%.

Operating Margin history for Hess Midstream from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202347.96%-5.65%
202250.83%-3.24%
202152.53%16.56%
202045.07%20.29%
201937.47%-18.04%
201845.72%9.47%
201741.76%3.9%
201640.19%17.44%
201534.22%165.05%
201412.91%-121.26%
2013-60.73%39.47%
2012-43.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
0.85%-98.62%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.