Hess Midstream
HESM
#1772
Rank
$9.11 B
Marketcap
$38.79
Share price
0.75%
Change (1 day)
28.15%
Change (1 year)

Operating Margin for Hess Midstream (HESM)

Operating Margin as of July 2024 (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
202250.75%-3.39%
202152.53%16.56%
202045.07%20.38%
201937.44%-18.02%
201845.67%-9.27%
201750.34%24.39%
201640.47%18.24%
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
-8.19%-113.18%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.