According to LG Energy Solution's latest financial reports and stock price the company's current Operating Margin is 3.56%. At the end of 2024 the company had an Operating Margin of 1.36%.
Year | Operating Margin | Change |
---|---|---|
2024 | 1.36% | 538.05% |
2023 | 0.21% | -94.51% |
2022 | 3.89% | -10.69% |
2021 | 4.35% | -110.52% |
2020 | -41.40% |
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.