PetroChina
601857.SS
$1.11
Share price
1.50%
Change (1 day)
46.05%
Change (1 year)
PetroChina Company Limited is the largest Chinese oil company with a network of over 18,000 filling stations, making it one of the largest listed companies in the world.
Operating Margin for PetroChina (601857.SS)
Operating Margin as of September 2023 (TTM): 17.10%
According to PetroChina's latest financial reports and stock price the company's current Operating Margin is 17.10%. At the end of 2022 the company had an Operating Margin of 6.58%.
Operating Margin history for PetroChina from 2004 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.58% | 8.81% |
| 2021 | 6.05% | 108.7% |
| 2020 | 2.90% | -29.3% |
| 2019 | 4.10% | -16.22% |
| 2018 | 4.89% | 85.87% |
| 2017 | 2.63% | -5.67% |
| 2016 | 2.79% | -16.68% |
| 2015 | 3.35% | -51.2% |
| 2014 | 6.87% | -12.92% |
| 2013 | 7.89% | 3.78% |
| 2012 | 7.60% | -17.34% |
| 2011 | 9.19% | -28.84% |
| 2010 | 12.92% | -5.97% |
| 2009 | 13.74% | -9.07% |
| 2008 | 15.11% | -38.27% |
| 2007 | 24.48% | -15.33% |
| 2006 | 28.91% | -17.64% |
| 2005 | 35.10% | -7.3% |
| 2004 | 37.86% | 16.98% |
| 2003 | 32.37% | 14.26% |
| 2002 | 28.33% | -2.58% |
| 2001 | 29.08% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 BP BP | 6.38% | -62.69% | 🇬🇧 UK |
 ConocoPhillips COP | 30.86% | 80.47% | 🇺🇸 USA |
 Marathon Petroleum MPC | 11.40% | -33.33% | 🇺🇸 USA |
 Exxon Mobil XOM | 19.97% | 16.78% | 🇺🇸 USA |
 Chevron CVX | 19.83% | 15.96% | 🇺🇸 USA |
 Sinopec 600028.SS | 3.13% | -81.70% | 🇨🇳 China |
 Murphy Oil
MUR | 34.36% | 100.94% | 🇺🇸 USA |
 ENI E | 13.03% | -23.80% | 🇮🇹 Italy |
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.