Labrador Iron Ore Royalty Corp.
LIF.TO
#4611
Rank
$1.41 B
Marketcap
$22.12
Share price
0.63%
Change (1 day)
-3.83%
Change (1 year)

Operating Margin for Labrador Iron Ore Royalty Corp. (LIF.TO)

Operating Margin as of April 2024 (TTM): 75.89%

According to Labrador Iron Ore Royalty Corp.'s latest financial reports and stock price the company's current Operating Margin is 75.89%. At the end of 2021 the company had an Operating Margin of 159.08%.

Operating Margin history for Labrador Iron Ore Royalty Corp. from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
2021159.08%15.15%
2020138.16%-0.49%
2019138.83%17.91%
2018117.74%-3.14%
2017121.55%27.71%
201695.18%26.26%
201575.38%-31.24%
2014109.63%-18.51%
2013134.54%29.69%
2012103.74%-22.55%
2011133.95%-6.04%
2010142.56%26.73%
2009112.49%-12.11%
2008127.99%14.37%
2007111.91%-4.85%
2006117.61%-5.19%
2005124.06%176.1%
200444.93%-47.13%
200384.98%348.67%
200218.94%-74.27%
200173.62%

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.