Lucid Motors
LCID
$9.00
Share price
1.47%
Change (1 day)
-73.06%
Change (1 year)
Categories
Operating Margin for Lucid Motors (LCID)
Operating Margin as of January 2023 (TTM): -491.73%
According to Lucid Motors's latest financial reports and stock price the company's current Operating Margin is -491.73%. At the end of 2021 the company had an Operating Margin of -9,515.37%.
Operating Margin history for Lucid Motors from 2021 to 2022
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 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 |
|---|---|---|---|
 Tesla TSLA | 16.83% | -100.01% | 🇺🇸 USA |
 NIO NIO | -24.62% | -100.01% | 🇨🇳 China |
 Rivian RIVN | -704.86% | -100.03% | 🇺🇸 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.