Nokia
NOK
#937
Rank
$19.96 B
Marketcap
$3.60
Share price
1.69%
Change (1 day)
-22.91%
Change (1 year)

Operating Margin for Nokia (NOK)

Operating Margin as of March 2024 (TTM): 9.12%

According to Nokia's latest financial reports and stock price the company's current Operating Margin is 9.12%. At the end of 2022 the company had an Operating Margin of 8.77%.

Operating Margin history for Nokia from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20228.77%1.06%
20218.67%127.45%
20203.81%470.02%
20190.67%-141.94%
2018-1.60%-27.58%
2017-2.20%-61.99%
2016-5.80%-147.05%
201512.32%-761.9%
2014-1.86%-197.35%
20131.91%-121.82%
2012-8.76%182.74%
2011-3.10%-173.65%
20104.21%79.26%
20092.35%-76.05%
20089.80%-39.48%
200716.19%16.36%
200613.92%-4.27%
200514.54%-9.64%
200416.09%-10.43%
200317.96%10.82%
200216.21%49.06%
200110.87%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
42.14% 362.06%๐Ÿ‡บ๐Ÿ‡ธ USA
30.20% 231.14%๐Ÿ‡บ๐Ÿ‡ธ USA
-1.15%-112.61%๐Ÿ‡บ๐Ÿ‡ธ USA
28.07% 207.79%๐Ÿ‡บ๐Ÿ‡ธ USA
16.62% 82.24%๐Ÿ‡บ๐Ÿ‡ธ USA
12.27% 34.54%๐Ÿ‡ฉ๐Ÿ‡ช Germany
9.06%-0.66%๐Ÿ‡ธ๐Ÿ‡ช Sweden

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.