What is the current annual operating margin of SNN?

As of today, SNN annual operating margin is 16.27%

What is 1-year change in SNN annual operating margin?

SNN annual operating margin is down -2.92% year-over-year

What is 3-year change in SNN annual operating margin?

SNN annual operating margin is up +7.68% over the past 3 years

How far is SNN annual operating margin from its all-time high?

SNN annual operating margin is currently -32.29% below its historical high of 24.03% set on December 31, 2010

How does SNN annual operating margin rank versus sector peers?

SNN annual operating margin is higher than 86.96% of companies in Healthcare sector

When is SNN next annual earnings release?

The next annual earnings release for SNN is on March 1, 2027

When is SNN next earnings release?

The next earnings release for SNN is on March 1, 2027

SNN Operating Margin History & Chart Since 1980

Annual Operating Margin

16.27%0.49%-2.92%

December 31, 2025

Summary

Current Value: As of today, SNN annual operating margin is 16.27%, down -2.92% on December 31, 2025
Historical Performance: SNN annual operating margin is up +7.68% over the past 3 years, up +32.92% over the past 5 years
All-Time High Comparison: SNN annual operating margin is currently -32.29% below its historical high of 24.03% set on December 31, 2010
3-Year Low Comparison: SNN annual operating margin is +7.68% above its 3-year low of 15.11% reached on an earlier date
Sector Comparison: SNN annual operating margin is higher than 86.96% of companies in Healthcare sector

Operating Margin Chart

beforeafter

Performance

SNN Performance
Metric	Date	Value	1Y	3Y	5Y	15Y
Annual Operating Margin	Dec 31, 25	16.27%	-2.9%	+7.7%	+32.9%	-32.3%
Quarterly Operating Margin	Dec 31, 25	-	–	–	–	–
Price	Aug 13, 26	$29.98	-18.5%	+5.4%	-21.6%	+65.5%
PE Ratio	Aug 13, 26	-	–	–	–	–
Annual Revenue	Dec 31, 25	$6.18B	+6.3%	+18.5%	+35.5%	+55.9%
Annual Operating Profit	Dec 31, 25	$1.01B	+3.2%	+27.6%	+80.2%	+5.6%
Annual Gross Margin	Dec 31, 25	68.01%	+2.5%	+2.1%	+5.1%	-6.4%
Annual Net Margin	Dec 31, 25	10.14%	+43.0%	+136.9%	+3.3%	-34.7%

Operating Margin Highs

SNN Annual Operating Margin Highs Comparison
Period	High	Date	Current
3Y	16.89%	Dec 31, 23	-3.7%
5Y	16.89%	Dec 31, 23	-3.7%
All	24.03%	Dec 31, 10	-32.3%

Operating Margin Lows

SNN Annual Operating Margin Lows Comparison
Period	Low	Date	Current
3Y	15.11%	N/A	+7.7%
5Y	12.24%	N/A	+32.9%
All	11.86%	Jul 1, 82	+37.2%

Operating Margin History

Year	Value	Change
2025	16.27%	-2.9%
2024	16.76%	-0.8%
2023	16.89%	+11.8%
2022	15.11%	+0.7%
2021	15.00%	+22.5%
2020	12.24%	-38.8%
2019	20.01%	-5.4%
2018	21.15%	+2.5%
2017	20.63%	+6.4%
2016	19.38%	-6.6%
2015	20.74%	-0.8%
2014	20.90%	-1.4%
2013	21.19%	-6.7%
2012	22.72%	+6.3%
2011	21.38%	-11.0%
2010	24.03%	+10.9%
2009	21.66%	+13.7%
2008	19.05%	+23.6%
2007	15.41%	-16.8%
2006	18.53%	-1.9%
2005	18.89%	+1.3%
2004	18.65%	+18.9%
2003	15.68%	-10.8%

Year	Value	Change
2002	17.58%	+23.2%
2001	14.27%	-13.4%
2000	16.47%	+8.1%
1999	15.24%	+5.3%
1998	14.47%	-6.9%
1997	15.55%	-6.7%
1996	16.67%	-1.8%
1995	16.97%	-4.1%
1994	17.70%	+4.6%
1993	16.92%	-1.6%
1992	17.19%	+3.6%
1991	16.60%	-10.9%
1990	18.64%	-5.5%
1989	19.72%	-2.1%
1988	20.14%	+12.6%
1987	17.88%	+18.3%
1986	15.12%	+2.9%
1985	14.70%	+13.8%
1984	12.92%	+2.5%
1983	12.61%	+6.3%
1982	11.86%	-0.8%
1981	11.96%	-1.6%
1980	12.16%	-

FAQ

What is the current annual operating margin of SNN?: As of today, SNN annual operating margin is 16.27%
What is 1-year change in SNN annual operating margin?: SNN annual operating margin is down -2.92% year-over-year
What is 3-year change in SNN annual operating margin?: SNN annual operating margin is up +7.68% over the past 3 years
How far is SNN annual operating margin from its all-time high?: SNN annual operating margin is currently -32.29% below its historical high of 24.03% set on December 31, 2010
How does SNN annual operating margin rank versus sector peers?: SNN annual operating margin is higher than 86.96% of companies in Healthcare sector
When is SNN next annual earnings release?: The next annual earnings release for SNN is on March 1, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Quarterly Operating Margin

N/A

December 31, 2025

Performance

SNN Performance
Metric	Date	Value	3M	1Y	3Y	5Y
Quarterly Operating Margin	Dec 31, 25	-	–	–	–	–
Annual Operating Margin	Dec 31, 25	16.27%	–	-2.9%	+7.7%	+32.9%
Price	Aug 13, 26	$29.98	+0.5%	-18.5%	+5.4%	-21.6%
PE Ratio	Aug 13, 26	-	–	–	–	–
Quarterly Revenue	Dec 31, 25	-	–	–	–	–
Quarterly Operating Profit	Dec 31, 25	-	–	–	–	–
Quarterly Gross Margin	Dec 31, 25	-	–	–	–	–
Quarterly Net Margin	Dec 31, 25	-	–	–	–	–

Quarterly Operating Margin Highs

SNN Quarterly Operating Margin Highs Comparison
Period	High	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	25.14%	N/A	N/A
All	25.14%	Dec 31, 14	N/A

Quarterly Operating Margin Lows

SNN Quarterly Operating Margin Lows Comparison
Period	Low	Date	Current
1Y	N/A	N/A	N/A
3Y	N/A	N/A	N/A
5Y	25.14%	N/A	N/A
All	6.02%	Dec 31, 03	N/A

Quarterly Operating Margin History

Month	Value	Change
Dec 2014	25.14%	+39.4%
Sep 2014	18.03%	-8.1%
Jun 2014	19.62%	+2.7%
Mar 2014	19.11%	-16.5%
Dec 2013	22.89%	+17.6%
Sep 2013	19.47%	-0.4%
Jun 2013	19.55%	-4.5%
Mar 2013	20.47%	+3.5%
Dec 2012	19.78%	-4.4%
Sep 2012	20.69%	-5.0%
Jun 2012	21.77%	-2.9%
Mar 2012	22.43%	+0.4%
Dec 2011	22.33%	+17.6%
Sep 2011	18.99%	-9.9%
Jun 2011	21.08%	-4.1%
Mar 2011	21.99%	-12.1%
Dec 2010	25.02%	+14.3%
Sep 2010	21.89%	+1.4%
Jun 2010	21.58%	-10.5%
Mar 2010	24.12%	+5.0%
Dec 2009	22.98%	+13.0%
Sep 2009	20.33%	-0.4%
Jun 2009	20.41%	+11.0%
Mar 2009	18.38%	-1.4%

Month	Value	Change
Dec 2008	18.65%	+28.4%
Sep 2008	14.52%	-16.6%
Jun 2008	17.40%	-7.8%
Mar 2008	18.88%	+18.5%
Dec 2007	15.93%	+136.0%
Sep 2007	6.75%	-66.7%
Jun 2007	20.30%	+4.9%
Mar 2007	19.35%	-5.0%
Dec 2006	20.36%	+6.3%
Sep 2006	19.15%	-3.4%
Jun 2006	19.83%	+2.0%
Mar 2006	19.44%	-14.9%
Dec 2005	22.84%	+19.1%
Sep 2005	19.17%	-4.2%
Jun 2005	20.01%	+1.0%
Mar 2005	19.81%	-11.1%
Dec 2004	22.28%	+15.8%
Sep 2004	19.24%	-0.3%
Jun 2004	19.30%	+4.1%
Mar 2004	18.54%	+208.0%
Dec 2003	6.02%	-63.0%
Mar 2003	16.27%	+52.5%
Jun 1999	10.67%	-

FAQ

When is SNN next earnings release?: The next earnings release for SNN is on March 1, 2027

Operating Margin Formula

Operating Profit Margin = Operating Income

Revenue × 100%

Data Sources & References

SNN Official Website www.smith-nephew.com
Most Recent Quarterly Report (10-Q) www.sec.gov/Archives/edgar/data/845982/000165495426001697/0001654954-26-001697-index.htm
SNN Profile on Yahoo Finance finance.yahoo.com/quote/SNN
SNN Profile on NASDAQ.com www.nasdaq.com/market-activity/stocks/snn