According to Philip Morris ฤR 's latest financial reports and stock price the company's current Operating Margin is 22.23%. At the end of 2022 the company had an Operating Margin of 22.23%.
Year | Operating Margin | Change |
---|---|---|
2022 | 22.23% | -4.87% |
2021 | 23.37% | -6.86% |
2020 | 25.09% | -16.03% |
2019 | 29.88% | -12.67% |
2018 | 34.21% | -3.87% |
2017 | 35.59% | 17.37% |
2016 | 30.32% | 2.81% |
2015 | 29.50% | 46.68% |
2014 | 20.11% | -6.52% |
2013 | 21.51% | -7.27% |
2012 | 23.20% | -10.38% |
2011 | 25.88% | -0.8% |
2010 | 26.09% | -4.86% |
2009 | 27.43% | 18.28% |
2008 | 23.19% | -8.44% |
2007 | 25.33% | -1.57% |
2006 | 25.73% | -23.59% |
2005 | 33.67% | -15.79% |
2004 | 39.99% |
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.