Nokia
NOK
#848
Rank
HK$179.28 B
Marketcap
HK$32.86
Share price
0.36%
Change (1 day)
6.80%
Change (1 year)

Operating Margin for Nokia (NOK)

Operating Margin as of September 2024 (TTM): 9.06%

According to Nokia's latest financial reports and stock price the company's current Operating Margin is 9.06%. At the end of 2023 the company had an Operating Margin of 6.73%.

Operating Margin history for Nokia from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.73%-23.18%
20228.77%1.06%
20218.67%155.13%
20203.40%408.17%
20190.67%-141.94%
2018-1.60%-27.58%
2017-2.20%-61.95%
2016-5.79%-147.23%
201512.26%44.36%
20148.49%151.08%
20133.38%-144.19%
2012-7.66%-20.72%
2011-9.66%-329.5%
20104.21%79.26%
20092.35%-76.05%
20089.80%-39.48%
200716.19%16.35%
200613.92%-4.27%
200514.54%-9.24%
200416.02%-10.83%
200317.96%10.82%
200216.21%49.06%
200110.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
29.67% 227.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-8.85%-197.68%๐Ÿ‡ธ๐Ÿ‡ช Sweden
21.50% 137.31%๐Ÿ‡บ๐Ÿ‡ธ USA
6.53%-27.92%๐Ÿ‡บ๐Ÿ‡ธ USA
43.97% 385.32%๐Ÿ‡บ๐Ÿ‡ธ USA
14.45% 59.49%๐Ÿ‡ฉ๐Ÿ‡ช Germany
26.87% 196.58%๐Ÿ‡บ๐Ÿ‡ธ 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.