Philip Morris
PM
$99.02
Share price
1.39%
Change (1 day)
0.68%
Change (1 year)
Categories
Philip Morris International Inc. is the world's largest private tobacco company. The group sells cigarettes in more than 180 countries and has a 15.5 percent share of the global tobacco market.
Operating Margin for Philip Morris (PM)
Operating Margin as of April 2024 (TTM): 36.62%
According to Philip Morris's latest financial reports and stock price the company's current Operating Margin is 36.62%. At the end of 2022 the company had an Operating Margin of 36.63%.
Operating Margin history for Philip Morris from 2006 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 36.63% | -5.96% |
| 2021 | 38.95% | 2.04% |
| 2020 | 38.17% | 15.25% |
| 2019 | 33.12% | -8.05% |
| 2018 | 36.02% | -2.21% |
| 2017 | 36.83% | -0.96% |
| 2016 | 37.19% | 3.64% |
| 2015 | 35.88% | 0.3% |
| 2014 | 35.78% | -10.95% |
| 2013 | 40.18% | -2.93% |
| 2012 | 41.39% | 2.71% |
| 2011 | 40.30% | 6.21% |
| 2010 | 37.94% | 2.77% |
| 2009 | 36.92% | -4.49% |
| 2008 | 38.66% | -0.56% |
| 2007 | 38.88% | 128.08% |
| 2006 | 17.05% | 1.03% |
| 2005 | 16.87% | |
| 2003 | 18.61% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Altria Group MO | 35.71% | -2.48% | 🇺🇸 USA |
 22nd Century Group
XXII | -105.32% | -387.60% | 🇺🇸 USA |
 Vector Group
VGR | 15.30% | -58.22% | 🇺🇸 USA |
 British American Tobacco BTI | 33.71% | -7.95% | 🇬🇧 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.