According to LG Chem's latest financial reports and stock price the company's current Operating Margin is 5.62%. At the end of 2022 the company had an Operating Margin of 6.01%.
Year | Operating Margin | Change |
---|---|---|
2022 | 6.01% | -49.77% |
2021 | 11.96% | 214.86% |
2020 | 3.80% | 41.24% |
2019 | 2.69% | -63.48% |
2018 | 7.36% | -28.95% |
2017 | 10.37% | 23.3% |
2016 | 8.41% | 5.66% |
2015 | 7.96% | 44.98% |
2014 | 5.49% | -23.79% |
2013 | 7.20% | -14.25% |
2012 | 8.40% | -33.51% |
2011 | 12.63% | -14.61% |
2010 | 14.79% | 9.85% |
2009 | 13.46% | 52.85% |
2008 | 8.81% | 0.14% |
2007 | 8.80% |
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.