LG Chem
051910.KS
$274.98
Share price
0.93%
Change (1 day)
-55.48%
Change (1 year)
Categories
Operating Margin for LG Chem (051910.KS)
Operating Margin as of April 2024 (TTM): 5.62%
According to LG Chem's latest financial reports and stock price the company's current Operating Margin is 5.62%. At the end of 2022 the company had an Operating Margin of 6.01%.
Operating Margin history for LG Chem from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | 6.01% | -49.77% |
| 2021 | 11.96% | 214.86% |
| 2020 | 3.80% | 41.24% |
| 2019 | 2.69% | -63.48% |
| 2018 | 7.36% | -28.95% |
| 2017 | 10.37% | 23.3% |
| 2016 | 8.41% | 5.66% |
| 2015 | 7.96% | 44.98% |
| 2014 | 5.49% | -23.79% |
| 2013 | 7.20% | -14.25% |
| 2012 | 8.40% | -33.51% |
| 2011 | 12.63% | -14.61% |
| 2010 | 14.79% | 9.85% |
| 2009 | 13.46% | 52.85% |
| 2008 | 8.81% | 0.14% |
| 2007 | 8.80% |
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.