LG Corp
003550.KS
#1757
Rank
$9.13 B
Marketcap
$59.91
Share price
2.98%
Change (1 day)
-10.62%
Change (1 year)

Operating Margin for LG Corp (003550.KS)

Operating Margin as of July 2024 (TTM): 22.39%

According to LG Corp 's latest financial reports and stock price the company's current Operating Margin is 22.39%. At the end of 2022 the company had an Operating Margin of 28.75%.

Operating Margin history for LG Corp from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202228.75%-18.31%
202135.20%9.39%
202032.17%106.46%
201915.58%-44.35%
201828.00%3.42%
201727.08%79.71%
201615.07%20.51%
201512.50%11.52%
201411.21%-11.48%
201312.67%-6.46%
201213.54%-2.42%
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
6.32%-71.77%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.