According to PHINIA's latest financial reports and stock price the company's current Operating Margin is 5.49%. At the end of 2024 the company had an Operating Margin of 8.40%.
Year | Operating Margin | Change |
---|---|---|
2024 | 8.40% | 12.27% |
2023 | 7.49% | -31.71% |
2022 | 10.96% | 60.06% |
2021 | 6.85% | -180.47% |
2020 | -8.51% |
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.