Philips
PHG
#929
Rank
$18.01 B
Marketcap
$19.35
Share price
0.16%
Change (1 day)
-23.21%
Change (1 year)

Operating Margin for Philips (PHG)

Operating Margin as of June 2023 (TTM): 2.96%

According to Philips's latest financial reports and stock price the company's current Operating Margin is 2.96%. At the end of 2021 the company had an Operating Margin of 2.97%.

Operating Margin history for Philips from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20212.97%-61.1%
20207.63%-2.82%
20197.85%-5.37%
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%454.07%
20080.35%-97.91%
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
17.41% 488.18%๐Ÿ‡ฎ๐Ÿ‡ช Ireland
-4.96%-267.57%๐Ÿ‡บ๐Ÿ‡ธ USA
32.66% 1,003.38%๐Ÿ‡บ๐Ÿ‡ธ USA
9.42% 218.24%๐Ÿ‡ฉ๐Ÿ‡ช Germany
9.77% 230.07%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.