With over 33,000 employees worldwide, production plants in 13 countries and annual sales of over $22 billion worldwide, Eli Lilly and Company is one of the largest pharmaceutical companies in the world. It was founded in Indianapolis in 1876 by the pharmacologist, officer and entrepreneur Eli Lilly.
Operating Margin for Eli Lilly (LLY)
Operating Margin as of April 2024 (TTM): 24.66%
According to Eli Lilly's latest financial reports and stock price the company's current Operating Margin is 24.66%. At the end of 2022 the company had an Operating Margin of 23.85%.
Operating Margin history for Eli Lilly from 2001 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 23.85% | 9.71% |
| 2021 | 21.74% | -26.22% |
| 2020 | 29.46% | 24.87% |
| 2019 | 23.59% | 37.79% |
| 2018 | 17.12% | 78.21% |
| 2017 | 9.61% | -39.57% |
| 2016 | 15.90% | 13.73% |
| 2015 | 13.98% | -8.61% |
| 2014 | 15.30% | -39.97% |
| 2013 | 25.48% | 6.49% |
| 2012 | 23.93% | 8.63% |
| 2011 | 22.03% | -22.1% |
| 2010 | 28.28% | 15.24% |
| 2009 | 24.54% | -482.38% |
| 2008 | -6.42% | -130.84% |
| 2007 | 20.81% | -4.49% |
| 2006 | 21.78% | 17.4% |
| 2005 | 18.56% | -12.59% |
| 2004 | 21.23% | -18.11% |
| 2003 | 25.92% | -16.95% |
| 2002 | 31.21% | 1.43% |
| 2001 | 30.77% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Johnson & Johnson JNJ | 22.88% | -7.22% | 🇺🇸 USA |
 Novartis NVS | 17.27% | -29.97% | 🇨🇭 Switzerland |
 Pfizer PFE | 34.61% | 40.35% | 🇺🇸 USA |
 AbbVie ABBV | 18.65% | -24.37% | 🇺🇸 USA |
 Amgen AMGN | 34.59% | 40.27% | 🇺🇸 USA |
 Sanofi SNY | 18.21% | -26.16% | 🇫🇷 France |
 Merck MRK | 27.73% | 12.45% | 🇺🇸 USA |
 Bristol-Myers Squibb BMY | 19.24% | -21.98% | 🇺🇸 USA |
 AstraZeneca AZN | 5.63% | -77.17% | 🇬🇧 UK |
 GlaxoSmithKline GSK | 22.54% | -8.60% | 🇬🇧 UK |
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.