Hess Midstream LP Annual Operating Margin in % from 2017 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Hess Midstream LP quarterly/annual Operating Margin history and growth rate from 2017 to 2023.
  • Hess Midstream LP Operating Margin for the quarter ending June 30, 2024 was 60.7 %, a 1.43% decline year-over-year.
  • Hess Midstream LP annual Operating Margin for 2023 was 60.6 %, a 2.37% decline from 2022.
  • Hess Midstream LP annual Operating Margin for 2022 was 62.1 %, a 2.72% increase from 2021.
  • Hess Midstream LP annual Operating Margin for 2021 was 60.4 %, a 14.4% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 60.6 -1.47 -2.37% Jan 1, 2023 Dec 31, 2023
2022 62.1 +1.64 +2.72% Jan 1, 2022 Dec 31, 2022
2021 60.4 +7.61 +14.4% Jan 1, 2021 Dec 31, 2021
2020 52.8 +8.4 +18.9% Jan 1, 2020 Dec 31, 2020
2019 44.4 -8.67 -16.3% Jan 1, 2019 Dec 31, 2019
2018 53.1 +7.66 +16.9% Jan 1, 2018 Dec 31, 2018
2017 45.4 Jan 1, 2017 Dec 31, 2017
* An asterisk sign (*) next to the value indicates that the value is likely invalid.