According to Lion Electric's latest financial reports and stock price the company's current Operating Margin is -74.34%. At the end of 2023 the company had an Operating Margin of -40.93%.
Year | Operating Margin | Change |
---|---|---|
2023 | -40.93% | -422.2% |
2022 | 12.70% | -116.92% |
2021 | -75.07% | -81.94% |
2020 | -415.63% | 4081.94% |
2019 | -9.94% |
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.