LG Energy Solution
373220.KS
$467.17
Share price
-0.86%
Change (1 day)
33.04%
Change (1 year)
Categories
Operating Margin for LG Energy Solution (373220.KS)
Operating Margin as of May 2023 (TTM): 4.33%
According to LG Energy Solution's latest financial reports and stock price the company's current Operating Margin is 4.33%. At the end of 2021 the company had an Operating Margin of 4.35%.
Operating Margin history for LG Energy Solution from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | 4.35% | -110.52% |
| 2020 | -41.40% |
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.