LG Corp
003550.KS
#1756
Rank
$9.02 B
Marketcap
$58.97
Share price
-0.49%
Change (1 day)
-10.56%
Change (1 year)

Operating Margin for LG Corp (003550.KS)

Operating Margin as of May 2024 (TTM): 24.99%

According to LG Corp 's latest financial reports and stock price the company's current Operating Margin is 24.99%. At the end of 2022 the company had an Operating Margin of 28.75%.

Operating Margin history for LG Corp from 2008 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202228.75%-18.31%
202135.20%30.61%
202026.95%68.94%
201915.95%-13.74%
201818.49%-31.71%
201727.08%99.02%
201613.60%8.9%
201512.49%11.44%
201411.21%-11.48%
201312.67%-1.06%
201212.80%-7.74%
201113.88%-38%
201022.38%198.6%
20097.50%39.83%
20085.36%-22.89%
20076.95%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
11.51%-53.94%๐Ÿ‡ฐ๐Ÿ‡ท S. Korea

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.