Philips
PHG
#974
Rank
$18.23 B
Marketcap
$19.98
Share price
0.00%
Change (1 day)
7.25%
Change (1 year)

Operating Margin for Philips (PHG)

Operating Margin as of April 2024 (TTM): -9.70%

According to Philips's latest financial reports and stock price the company's current Operating Margin is -9.70%. At the end of 2022 the company had an Operating Margin of -9.71%.

Operating Margin history for Philips from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2022-9.71%-427.28%
20212.97%-61.1%
20207.63%-2.82%
20197.85%-5.38%
20188.29%7.1%
20177.74%36.69%
20165.67%120.48%
20152.57%197.13%
20140.86%-87.85%
20137.12%125.11%
20123.16%-240.3%
2011-2.25%-129.49%
20107.64%295.66%
20091.93%258.98%
20080.54%-96.77%
200716.66%269.42%
20064.51%-27.33%
20056.21%3.26%
20046.01%151.67%
20032.39%-123.91%
2002-9.99%6.81%
2001-9.35%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
17.17%-277.01%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-1.37%-85.88%๐Ÿ‡บ๐Ÿ‡ธ USA
32.66%-436.70%๐Ÿ‡บ๐Ÿ‡ธ USA
12.27%-226.49%๐Ÿ‡ฉ๐Ÿ‡ช Germany
9.77%-200.72%๐Ÿ‡บ๐Ÿ‡ธ USA

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.