LG Energy Solution
373220.KS
$239.56
Share price
0.91%
Change (1 day)
-47.22%
Change (1 year)
Categories
Operating Margin for LG Energy Solution (373220.KS)
Operating Margin as of June 2024 (TTM): 7.08%
According to LG Energy Solution's latest financial reports and stock price the company's current Operating Margin is 7.08%. At the end of 2022 the company had an Operating Margin of 3.89%.
Operating Margin history for LG Energy Solution from 2021 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 3.89% | -10.69% |
| 2021 | 4.35% | -110.52% |
| 2020 | -41.40% |
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.