The International Business Machines Corporation is an American IT and consulting company based in Armonk, New York. IBM is one of the world's leading companies for hardware, software and services in the IT sector and one of the largest consulting companies.
Operating Margin for IBM (IBM)
Operating Margin as of May 2024 (TTM): 3.08%
According to IBM's latest financial reports and stock price the company's current Operating Margin is 3.08%. At the end of 2022 the company had an Operating Margin of 3.92%.
Operating Margin history for IBM from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.92% | -62.49% |
| 2021 | 10.45% | 29.82% |
| 2020 | 8.05% | -46.06% |
| 2019 | 14.92% | -1.58% |
| 2018 | 15.16% | -0.15% |
| 2017 | 15.18% | -6.38% |
| 2016 | 16.22% | -19.24% |
| 2015 | 20.08% | -8.98% |
| 2014 | 22.06% | 10.43% |
| 2013 | 19.98% | -6.64% |
| 2012 | 21.40% | 6.83% |
| 2011 | 20.03% | -0.44% |
| 2010 | 20.12% | 3.9% |
| 2009 | 19.36% | 15.39% |
| 2008 | 16.78% | 9.77% |
| 2007 | 15.29% | 2.79% |
| 2006 | 14.87% | 8.89% |
| 2005 | 13.66% | 8.08% |
| 2004 | 12.64% | 11.63% |
| 2003 | 11.32% | 35.22% |
| 2002 | 8.37% | -22.67% |
| 2001 | 10.83% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Microsoft MSFT | 42.14% | 1,268.18% | 🇺🇸 USA |
 Apple AAPL | 30.20% | 880.52% | 🇺🇸 USA |
 Intel INTC | 12.31% | 299.68% | 🇺🇸 USA |
 Cisco CSCO | 28.07% | 811.36% | 🇺🇸 USA |
 Oracle ORCL | 18.02% | 485.06% | 🇺🇸 USA |
 SAP SAP | 17.72% | 475.32% | 🇩🇪 Germany |
 HP HPQ | 7.05% | 128.90% | 🇺🇸 USA |
 Accenture ACN | 14.89% | 383.44% | 🇮🇪 Ireland |
 Vmware VMW | 13.42% | 335.71% | 🇺🇸 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.