Lucid Motors
LCID
#2390
Rank
$5.74 B
Marketcap
$2.49
Share price
-0.40%
Change (1 day)
-69.82%
Change (1 year)

Operating Margin for Lucid Motors (LCID)

Operating Margin as of April 2024 (TTM): -333.96%

According to Lucid Motors's latest financial reports and stock price the company's current Operating Margin is -333.96%. At the end of 2022 the company had an Operating Margin of -214.42%.

Operating Margin history for Lucid Motors from 2021 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
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
14.35%-104.30%๐Ÿ‡บ๐Ÿ‡ธ USA
-34.68%-89.62%๐Ÿ‡จ๐Ÿ‡ณ China
-195.90%-41.34%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.