Lucid Motors
LCID
#1998
Rank
$7.79 B
Marketcap
$3.38
Share price
-2.31%
Change (1 day)
-52.86%
Change (1 year)

Operating Margin for Lucid Motors (LCID)

Operating Margin as of July 2024 (TTM): -437.02%

According to Lucid Motors's latest financial reports and stock price the company's current Operating Margin is -437.02%. At the end of 2023 the company had an Operating Margin of -474.98%.

Operating Margin history for Lucid Motors from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-474.98%121.51%
2022-214.42%-97.75%
2021-9,515.37%-47.42%
2020-18,097.79%199.53%
2019-6,042.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
9.42%-102.16%๐Ÿ‡บ๐Ÿ‡ธ USA
-37.99%-91.31%๐Ÿ‡จ๐Ÿ‡ณ China
-105.90%-75.77%๐Ÿ‡บ๐Ÿ‡ธ USA

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.