Lancaster Colony Corporation
LANC
#2559
Rank
$5.17 B
Marketcap
$187.98
Share price
-0.43%
Change (1 day)
-8.44%
Change (1 year)
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Operating Margin for Lancaster Colony Corporation (LANC)

Operating Margin as of April 2024 (TTM): 6.70%

According to Lancaster Colony Corporation 's latest financial reports and stock price the company's current Operating Margin is 6.70%. At the end of 2022 the company had an Operating Margin of 6.70%.

Operating Margin history for Lancaster Colony Corporation from 2001 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
20226.70%-47.05%
202112.66%-5.66%
202013.42%-10.25%
201914.95%4.97%
201814.24%-2.46%
201714.60%-5.79%
201615.50%10.78%
201513.99%-4.96%
201414.72%5.97%
201313.89%7.64%
201212.91%-12.89%
201114.82%-10.6%
201016.58%27.21%
200913.03%68.91%
20087.71%-17.48%
20079.35%-14.7%
200610.96%-16.23%
200513.08%11.71%
200411.71%-28.31%
200316.34%23.57%
200213.22%-0.46%
200113.28%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.38% 69.85%๐Ÿ‡บ๐Ÿ‡ธ USA
8.95% 33.58%๐Ÿ‡บ๐Ÿ‡ธ USA
10.54% 57.31%๐Ÿ‡บ๐Ÿ‡ธ USA
5.47%-18.36%๐Ÿ‡บ๐Ÿ‡ธ USA
4.18%-37.61%๐Ÿ‡บ๐Ÿ‡ธ USA
5.74%-14.33%๐Ÿ‡บ๐Ÿ‡ธ USA
2.68%-60.00%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.