Lancaster Colony Corporation
LANC
#2774
Rank
โ‚ฌ4.49 B
Marketcap
163,43ย โ‚ฌ
Share price
1.02%
Change (1 day)
0.86%
Change (1 year)
Categories

Operating Margin for Lancaster Colony Corporation (LANC)

Operating Margin as of September 2024 (TTM): 7.86%

According to Lancaster Colony Corporation 's latest financial reports and stock price the company's current Operating Margin is 7.86%. At the end of 2023 the company had an Operating Margin of 7.86%.

Operating Margin history for Lancaster Colony Corporation from 2001 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20237.86%17.28%
20226.70%-47.05%
202112.66%-5.66%
202013.42%-10.25%
201914.95%4.97%
201814.24%-2.46%
201714.60%-5.79%
201615.50%10.78%
201513.99%-4.96%
201414.72%-2.96%
201315.17%6.25%
201214.28%-3.63%
201114.82%-10.6%
201016.58%27.21%
200913.03%68.91%
20087.71%-17.48%
20079.35%-23.2%
200612.17%-6.96%
200513.08%11.71%
200411.71%-28.31%
200316.34%23.57%
200213.22%-0.46%
200113.28%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-0.10%-101.27%๐Ÿ‡บ๐Ÿ‡ธ USA
-0.35%-104.45%๐Ÿ‡บ๐Ÿ‡ธ USA
7.54%-4.07%๐Ÿ‡บ๐Ÿ‡ธ USA
12.05% 53.31%๐Ÿ‡บ๐Ÿ‡ธ USA
5.61%-28.63%๐Ÿ‡บ๐Ÿ‡ธ USA
4.72%-39.95%๐Ÿ‡บ๐Ÿ‡ธ USA
-7.21%-191.73%๐Ÿ‡บ๐Ÿ‡ธ USA

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.