Lyft
LYFT
$16.71
Share price
-3.47%
Change (1 day)
62.08%
Change (1 year)
Categories
Lyft, Inc. is an American ridesharing company. The company develops, markets, and operates the Lyft mobile app, offering car rides, motorized scooters, a bicycle-sharing system, and food delivery.
Operating Margin for Lyft (LYFT)
Operating Margin as of April 2024 (TTM): -30.67%
According to Lyft's latest financial reports and stock price the company's current Operating Margin is -30.67%. At the end of 2022 the company had an Operating Margin of -38.55%.
Operating Margin history for Lyft from 2018 to 2023
Operating Margin at the end of each year
| Year | Operating Margin | Change |
|---|---|---|
| 2022 | -38.55% | 23.91% |
| 2021 | -31.11% | -59.07% |
| 2020 | -76.01% | 5.72% |
| 2019 | -71.90% | 70.29% |
| 2018 | -42.22% | -34.93% |
| 2017 | -64.89% | -67.36% |
| 2016 | -198.78% |
Operating Margin for similar companies or competitors
| Company | Operating Margin | Operating Margin differencediff. | Country |
|---|---|---|---|
 Uber UBER | -1.09% | -96.45% | 🇺🇸 USA |
 DiDi DIDIY | -29.59% | -3.52% | 🇨🇳 China |
 Grab Holdings GRAB | -88.90% | 189.86% | 🇸🇬 Singapore |
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.