LexinFintech Holdings
LX
#7383
Rank
โ‚ฌ0.24 B
Marketcap
1,50ย โ‚ฌ
Share price
0.61%
Change (1 day)
-27.91%
Change (1 year)

Operating Margin for LexinFintech Holdings (LX)

Operating Margin as of September 2024 (TTM): 7.38%

According to LexinFintech Holdings 's latest financial reports and stock price the company's current Operating Margin is 7.38%. At the end of 2022 the company had an Operating Margin of 10.43%.

Operating Margin history for LexinFintech Holdings from 2017 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202210.43%-57.16%
202124.34%313.35%
20205.89%-76.93%
201925.52%-8.08%
201827.77%226.62%
20178.50%-718.05%
2016-1.38%-91.3%
2015-15.81%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
45.48% 516.26%๐Ÿ‡จ๐Ÿ‡ณ China
8.24% 11.65%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.