According to Luminar Technologies's latest financial reports and stock price the company's current Operating Margin is -1,008.12%. At the end of 2022 the company had an Operating Margin of -1,094.08%.
Year | Operating Margin | Change |
---|---|---|
2022 | -1,094.08% | 46.08% |
2021 | -748.96% | -71.16% |
2020 | -2,596.93% | 245.52% |
2019 | -751.61% |
Company | Operating Margin | Operating Margin differencediff. | Country |
---|---|---|---|
L3Harris Technologies LHX | 5.32% | -100.53% | ๐บ๐ธ USA |
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.