Local Bounti
LOCL
$3.05
Share price
0.00%
Change (1 day)
522.45%
Change (1 year)
Categories
Operating Margin for Local Bounti (LOCL)
Operating Margin as of April 2024 (TTM): -484.42%
According to Local Bounti's latest financial reports and stock price the company's current Operating Margin is -484.42%. At the end of 2021 the company had an Operating Margin of -8,792.01%.
Operating Margin history for Local Bounti from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2021 | -8,792.01% | -14.27% |
| 2020 | -10,254.88% |
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.