Lumentum
LITE
#3386
Rank
$3.19 B
Marketcap
$47.35
Share price
-2.27%
Change (1 day)
-6.96%
Change (1 year)

Operating Margin for Lumentum (LITE)

Operating Margin as of March 2024 (TTM): 1.79%

According to Lumentum's latest financial reports and stock price the company's current Operating Margin is 1.79%. At the end of 2022 the company had an Operating Margin of 13.73%.

Operating Margin history for Lumentum from 2014 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202213.73%-48.34%
202126.57%155.9%
202010.38%-588.09%
2019-2.13%-120.51%
201810.37%-273.71%
2017-5.97%-655.81%
20161.07%-136.7%
2015-2.93%-344.27%
20141.20%149.32%
20130.48%-12.55%
20120.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
5.03% 181.01%๐Ÿ‡บ๐Ÿ‡ธ USA
-2.94%-264.08%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.