Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the operating margin high or low?
The operating margin of 62.21% is in line with its 5-year average of 62.07%, near the high end of its 5-year range (52.39%–63.46%).
0.23% below its 12-month average of 62.35%.
Reported quarterly operating margin; no daily interpolation. Q2 FY2026 (2026-06-30): 63.46%.
OPERATING MARGIN
62.21%
OPERATING MARGIN AVG TTM
62.35%
OPERATING MARGIN AVG 3Y
61.87%
OPERATING MARGIN AVG 5Y
62.07%
OPERATING MARGIN AVG 10Y
57.01%
OPERATING MARGIN AVG 15Y
N/A
OPERATING MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.23%
CURRENT VS 3Y AVG
+0.55%
CURRENT VS 5Y AVG
+0.23%
CURRENT VS 10Y AVG
+9.12%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
18.52%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
+236.00%
vs the sector median at left
Hess Midstream LP
Market Cap
$7.80B
Operating Margin
62.21%
TTM Avg
62.35%
3Y Avg
61.87%
5Y Avg
62.07%
Market Cap
$6.70B
Operating Margin
33.48%
TTM Avg
35.72%
3Y Avg
42.93%
5Y Avg
29.74%
Market Cap
$9.66B
Operating Margin
56.05%
TTM Avg
53.61%
3Y Avg
54.17%
5Y Avg
43.65%
Market Cap
$5.71B
Operating Margin
12.70%
TTM Avg
16.19%
3Y Avg
14.46%
5Y Avg
3.45%
Market Cap
$4.66B
Operating Margin
26.54%
TTM Avg
22.83%
3Y Avg
29.75%
5Y Avg
25.77%
Market Cap
$4.42B
Operating Margin
8.27%
TTM Avg
8.49%
3Y Avg
13.92%
5Y Avg
15.90%
Market Cap
$4.41B
Operating Margin
10.37%
TTM Avg
10.09%
3Y Avg
8.26%
5Y Avg
1.80%
Market Cap
$3.85B
Operating Margin
6.07%
TTM Avg
11.29%
3Y Avg
11.09%
5Y Avg
-4.30%
Market Cap
$12.78B
Operating Margin
19.42%
TTM Avg
20.59%
3Y Avg
18.38%
5Y Avg
15.22%
| NAME | MARKET CAP | OPERATING MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hess Midstream LP (HESM) | $7.80B | 62.21% | 62.35% | 61.87% | 62.07% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $6.70B | 33.48% | 35.72% | 42.93% | 29.74% |
| Antero Midstream Corporation (AM)vs › | $9.66B | 56.05% | 53.61% | 54.17% | 43.65% |
| Weatherford International plc (WFRD)vs › | $5.71B | 12.70% | 16.19% | 14.46% | 3.45% |
| California Resources Corp (CRC)vs › | $4.66B | 26.54% | 22.83% | 29.75% | 25.77% |
| Enphase Energy, Inc. (ENPH)vs › | $4.42B | 8.27% | 8.49% | 13.92% | 15.90% |
| Oceaneering International, Inc. (OII)vs › | $4.41B | 10.37% | 10.09% | 8.26% | 1.80% |
| Helmerich & Payne, Inc. (HP)vs › | $3.85B | 6.07% | 11.29% | 11.09% | -4.30% |
| Nextpower Inc. (NXT)vs › | $12.78B | 19.42% | 20.59% | 18.38% | 15.22% |
| Centrus Energy Corp. (LEU)vs › | $2.64B | 11.19% | 11.02% | 14.68% | 17.04% |
Gross Margin
80.8%
Operating Margin
62.2%
Operating Margin = Operating Income / Revenue
Operating margin is the percentage of revenue remaining after operating expenses, reflecting operating efficiency.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | OPERATING MARGIN |
|---|---|
| 2026-06-30 | 63.46% |
| 2026-03-31 | 61.26% |
| 2025-12-31 | 62.42% |
| 2025-09-30 | 61.70% |
| 2025-06-30 | 62.93% |
| 2025-03-31 | 62.31% |
| 2024-12-31 | 61.52% |
| 2024-09-30 | 61.36% |
| 2024-06-30 | 60.97% |
| 2024-03-31 | 62.59% |
| 2023-12-31 | 58.44% |
| 2023-09-30 | 60.69% |
| 2023-06-30 | 61.24% |
| 2023-03-31 | 62.01% |
| 2022-12-31 | 62.57% |
| 2022-09-30 | 61.04% |
| 2022-06-30 | 62.40% |
| 2022-03-31 | 62.64% |
| 2021-12-31 | 63.20% |
| 2021-09-30 | 52.39% |
| 2021-06-30 | 62.96% |
| 2021-03-31 | 63.19% |
| 2020-12-31 | 58.05% |
| 2020-09-30 | 51.83% |
| 2020-06-30 | 48.85% |
| 2020-03-31 | 52.58% |
| 2019-12-31 | 29.10% |
| 2019-09-30 | 46.21% |
| 2019-06-30 | 47.95% |
| 2019-03-31 | 50.58% |
| 2018-12-31 | 53.89% |
| 2018-09-30 | 57.35% |
| 2018-06-30 | 57.75% |
| 2018-03-31 | 56.95% |
| 2017-12-31 | 51.63% |
| 2017-09-30 | 52.42% |
| 2017-06-30 | 49.60% |
| 2017-03-31 | 48.43% |
| 2016-12-31 | 45.91% |
| 2016-09-30 | 40.23% |
| 2016-06-30 | 34.71% |
| 2016-03-31 | 39.53% |
| 2015-12-31 | 32.71% |
| 2015-09-30 | 38.16% |
| 2015-06-30 | 37.31% |
| 2015-03-31 | 32.55% |
| 2014-12-31 | 24.49% |
| 2014-09-30 | 22.62% |
| 2014-06-30 | 19.48% |
| 2014-03-31 | -33.59% |
| 2013-12-31 | -101.16% |
| 2013-09-30 | -37.25% |
| 2013-06-30 | -56.50% |
| 2013-03-31 | -56.50% |
