Hess Midstream Partners LP Operating Margin 2016-2024 | HESM
- Hess Midstream Partners LP average operating margin for 2023 was 61.34%, a 0.16% decline from 2022.
- Hess Midstream Partners LP average operating margin for 2022 was 61.24%, a 4.47% increase from 2021.
- Hess Midstream Partners LP average operating margin for 2021 was 58.62%, a 22.25% increase from 2020.
Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.