Largo
LGO
$1.67
Share price
2.45%
Change (1 day)
-63.77%
Change (1 year)
Categories
Operating Margin for Largo (LGO)
Operating Margin as of May 2024 (TTM): 16.01%
According to Largo's latest financial reports and stock price the company's current Operating Margin is 16.01%. At the end of 2021 the company had an Operating Margin of 16.02%.
Operating Margin history for Largo from 2003 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 16.02% | 148.85% |
| 2020 | 6.44% | -128.83% |
| 2019 | -22.33% | -136.08% |
| 2018 | 61.88% | -1248.73% |
| 2017 | -5.39% | -92.13% |
| 2016 | -68.48% | -96% |
| 2015 | -1,710.00% | |
| 2003 | -3,373.22% | 111.07% |
| 2002 | -1,598.13% |
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.