According to Li-Cycle's latest financial reports and stock price the company's current Operating Margin is 66.05%. At the end of 2023 the company had an Operating Margin of -753.55%.
Year | Operating Margin | Change |
---|---|---|
2023 | -753.55% | 100.75% |
2022 | -375.37% | -61.13% |
2021 | -965.75% | -17.52% |
2020 | -1,170.83% | -86.25% |
2019 | -8,514.91% |
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.