Lucid Motors
LCID
$2.42
Share price
-5.29%
Change (1 day)
-65.50%
Change (1 year)
Categories
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 |
|---|---|---|---|
 Tesla TSLA | 14.35% | -104.30% | 🇺🇸 USA |
 NIO NIO | -34.68% | -89.62% | 🇨🇳 China |
 Rivian RIVN | -195.90% | -41.34% | 🇺🇸 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.