According to Lineage's latest financial reports and stock price the company's current Operating Margin is -21.47%. At the end of 2023 the company had an Operating Margin of -5.70%.
Year | Operating Margin | Change |
---|---|---|
2023 | -5.70% | -194.56% |
2022 | 6.03% | 664.55% |
2021 | 0.79% |
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.