Hess
HES
#414
Rank
$48.04 B
Marketcap
$155.93
Share price
0.98%
Change (1 day)
15.93%
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 July 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
202232.51%63.03%
202119.94%-132.65%
2020-61.07%-1894.71%
20193.40%-2.16%
20183.48%-103.29%
2017-105.71%30.61%
2016-80.93%26.13%
2015-64.17%-382.82%
201422.69%12.53%
201320.16%87.5%
201210.75%70.16%
20116.32%-32.94%
20109.42%83.08%
20095.15%-54.92%
200811.42%-2.45%
200711.70%-18.69%
200614.39%47.09%
20059.79%5.1%
20049.31%70.61%
20035.46%-1376.8%
2002-0.43%-103.99%
200110.72%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
30.86%-5.05%๐Ÿ‡บ๐Ÿ‡ธ USA
19.97%-38.55%๐Ÿ‡บ๐Ÿ‡ธ USA
38.53% 18.55%๐Ÿ‡บ๐Ÿ‡ธ USA
39.59% 21.82%๐Ÿ‡บ๐Ÿ‡ธ USA
19.83%-38.98%๐Ÿ‡บ๐Ÿ‡ธ USA
6.38%-80.37%๐Ÿ‡ฌ๐Ÿ‡ง UK
3.13%-90.37%๐Ÿ‡จ๐Ÿ‡ณ 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.