Philip Morris
PM
#82
Rank
$158.53 B
Marketcap
$101.98
Share price
-0.65%
Change (1 day)
10.07%
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 June 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
202236.63%-5.96%
202138.95%2.04%
202038.17%15.25%
201933.12%-8.05%
201836.02%-2.21%
201736.83%-0.96%
201637.19%3.64%
201535.88%0.3%
201435.78%-10.95%
201340.18%-2.93%
201241.39%2.71%
201140.30%6.21%
201037.94%2.77%
200936.92%-4.49%
200838.66%-0.56%
200738.88%128.08%
200617.05%1.03%
200516.87%
200318.61%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
35.71%-2.48%๐Ÿ‡บ๐Ÿ‡ธ USA
-105.32%-387.60%๐Ÿ‡บ๐Ÿ‡ธ USA
15.30%-58.22%๐Ÿ‡บ๐Ÿ‡ธ USA
33.71%-7.95%๐Ÿ‡ฌ๐Ÿ‡ง 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.