Li-Cycle
LICY
#9316
Rank
โ‚ฌ46.09 M
Marketcap
1,98ย โ‚ฌ
Share price
-1.42%
Change (1 day)
-62.73%
Change (1 year)

Operating Margin for Li-Cycle (LICY)

Operating Margin as of November 2024 (TTM): -769.19%

According to Li-Cycle's latest financial reports and stock price the company's current Operating Margin is -769.19%. At the end of 2023 the company had an Operating Margin of -753.55%.

Operating Margin history for Li-Cycle from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-753.55%88.04%
2022-400.75%-87.09%
2021-3,104.11%165.12%
2020-1,170.83%-86.25%
2019-8,514.91%

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.