Li-Cycle
LICY
$0.67
Share price
1.57%
Change (1 day)
-85.57%
Change (1 year)
Categories
Operating Margin for Li-Cycle (LICY)
Operating Margin as of May 2024 (TTM): -271.31%
According to Li-Cycle's latest financial reports and stock price the company's current Operating Margin is -271.31%. At the end of 2021 the company had an Operating Margin of -3,072.04%.
Operating Margin history for Li-Cycle from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -3,072.04% | 162.38% |
| 2020 | -1,170.83% | -86.25% |
| 2019 | -8,514.91% |
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.