Latitude Group Holdings
LFS.AX
£0.56
Share price
0.88%
Change (1 day)
-3.68%
Change (1 year)
Categories
Operating Margin for Latitude Group Holdings (LFS.AX)
Operating Margin at the end of 2024: 4.76%
According to Latitude Group Holdings's latest financial reports and stock price the company's current Operating Margin is 4.75%. At the end of 2024 the company had an Operating Margin of 4.76%.
Operating Margin history for Latitude Group Holdings from 2021 to 2024
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2024 | 4.76% | -124.63% |
| 2023 | -19.32% | -309.72% |
| 2022 | 9.21% | -60.21% |
| 2021 | 23.15% |
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.