LG Energy Solution
373220.KS
#330
Rank
$58.20 B
Marketcap
$248.75
Share price
3.13%
Change (1 day)
-42.66%
Change (1 year)

Operating Margin for LG Energy Solution (373220.KS)

Operating Margin as of July 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
20223.89%-10.69%
20214.35%-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.