LOTTE Chemical
011170.KS
$72.64
Share price
-0.40%
Change (1 day)
-42.02%
Change (1 year)
Categories
Operating Margin for LOTTE Chemical (011170.KS)
Operating Margin as of April 2024 (TTM): -0.80%
According to LOTTE Chemical 's latest financial reports and stock price the company's current Operating Margin is -0.80%. At the end of 2022 the company had an Operating Margin of -1.76%.
Operating Margin history for LOTTE Chemical from 2008 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -1.76% | -116.79% |
| 2021 | 10.50% | 420.04% |
| 2020 | 2.02% | -75.55% |
| 2019 | 8.26% | -39.36% |
| 2018 | 13.62% | -29.93% |
| 2017 | 19.43% | 3.3% |
| 2016 | 18.81% | 55.01% |
| 2015 | 12.13% | 550.22% |
| 2014 | 1.87% | -18.1% |
| 2013 | 2.28% | -6.33% |
| 2012 | 2.43% | -74.98% |
| 2011 | 9.72% | -6.17% |
| 2010 | 10.36% | -14.99% |
| 2009 | 12.19% | -1464.57% |
| 2008 | -0.89% | -108.88% |
| 2007 | 10.06% |
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.