Local Bounti
LOCL
#9580
Rank
S$28.65 M
Marketcap
$3.32
Share price
3.37%
Change (1 day)
-23.29%
Change (1 year)

Operating Margin for Local Bounti (LOCL)

Operating Margin as of November 2024 (TTM): -323.93%

According to Local Bounti's latest financial reports and stock price the company's current Operating Margin is -323.93%. At the end of 2022 the company had an Operating Margin of -570.36%.

Operating Margin history for Local Bounti from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2022-570.36%-93.51%
2021-8,792.01%-14.27%
2020-10,254.88%

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.