LMP Automotive Holdings
LMPX
$0.12
Share price
9.09%
Change (1 day)
-95.38%
Change (1 year)
Categories
Operating Margin for LMP Automotive Holdings (LMPX)
Operating Margin as of May 2024 (TTM): 0.36%
According to LMP Automotive Holdings's latest financial reports and stock price the company's current Operating Margin is 0.36%. At the end of 2020 the company had an Operating Margin of -15.82%.
Operating Margin history for LMP Automotive Holdings from 2019 to 2021
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2020 | -15.82% | -57.37% |
| 2019 | -37.11% | -5.02% |
| 2018 | -39.07% | 3.17% |
| 2017 | -37.87% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Perion Network PERI | 18.85% | 5,136.11% | 🇮🇱 Israel |
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.