According to Solventum's latest financial reports and stock price the company's current Operating Margin is 14.52%. At the end of 2023 the company had an Operating Margin of 11.04%.
Year | Operating Margin | Change |
---|---|---|
2023 | 11.04% | -46.94% |
2022 | 20.81% | -9.64% |
2021 | 23.03% | 16.46% |
2020 | 19.78% |
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.