Luther Burbank
LBC
#6050
Rank
$0.46 B
Marketcap
$9.15
Share price
0.55%
Change (1 day)
-1.19%
Change (1 year)

Operating Margin for Luther Burbank (LBC)

Operating Margin as of April 2024 (TTM): 59.59%

According to Luther Burbank's latest financial reports and stock price the company's current Operating Margin is 59.59%. At the end of 2021 the company had an Operating Margin of 71.95%.

Operating Margin history for Luther Burbank from 2017 to 2023

Operating Margin at the end of each year

Year Operating Margin Change
202171.95%79.23%
202040.14%-23.09%
201952.20%7.18%
201848.70%-11.6%
201755.09%4.67%
201652.64%31.93%
201539.90%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
54.66%-8.27%๐Ÿ‡บ๐Ÿ‡ธ USA
31.30%-47.47%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.