LyondellBasell
LYB
#657
Rank
HK$243.50 B
Marketcap
HK$749.03
Share price
2.29%
Change (1 day)
-2.20%
Change (1 year)

Operating Margin for LyondellBasell (LYB)

Operating Margin as of September 2024 (TTM): 8.14%

According to LyondellBasell's latest financial reports and stock price the company's current Operating Margin is 8.14%. At the end of 2023 the company had an Operating Margin of 6.39%.

Operating Margin history for LyondellBasell from 2010 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20236.39%-32.49%
20229.47%-35.59%
202114.70%194.29%
20204.99%-57.2%
201911.67%-14.31%
201813.62%-14.52%
201715.93%-11.17%
201617.93%-5.46%
201518.97%51.45%
201412.52%10.46%
201311.34%22.87%
20129.23%25.92%
20117.33%-66.75%
201022.04%-258.63%
2009-13.89%-13.92%
2008-16.14%-393.96%
20075.49%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
3.82%-53.07%๐Ÿ‡บ๐Ÿ‡ธ USA
5.01%-38.45%๐Ÿ‡ฟ๐Ÿ‡ฆ South Africa
2.94%-63.88%๐Ÿ‡บ๐Ÿ‡ธ USA
11.23% 37.96%๐Ÿ‡บ๐Ÿ‡ธ USA
2.60%-68.06%๐Ÿ‡บ๐Ÿ‡ธ USA
-12.28%-250.86%๐Ÿ‡ง๐Ÿ‡ท Brazil

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.