Lyft
LYFT
#2829
Rank
C$6.45 B
Marketcap
$15.73
Share price
2.20%
Change (1 day)
3.05%
Change (1 year)
Lyft, Inc. is an American ridesharing company. The company develops, markets, and operates the Lyft mobile app, offering car rides, motorized scooters, a bicycle-sharing system, and food delivery.

Operating Margin for Lyft (LYFT)

Operating Margin as of September 2024 (TTM): -1.12%

According to Lyft's latest financial reports and stock price the company's current Operating Margin is -1.12%. At the end of 2023 the company had an Operating Margin of -7.53%.

Operating Margin history for Lyft from 2018 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-7.53%-80.46%
2022-38.55%17.69%
2021-32.76%-56.91%
2020-76.01%5.72%
2019-71.90%70.29%
2018-42.22%-34.93%
2017-64.89%-67.36%
2016-198.78%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
6.11%-645.54%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.22%-80.36%๐Ÿ‡จ๐Ÿ‡ณ China
-8.82% 687.50%๐Ÿ‡ธ๐Ÿ‡ฌ Singapore

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.