According to Lamb Weston's latest financial reports and stock price the company's current Operating Margin is 7.94%. At the end of 2023 the company had an Operating Margin of 14.45%.
Year | Operating Margin | Change |
---|---|---|
2023 | 14.45% | 108.92% |
2022 | 6.91% | -28.81% |
2021 | 9.71% | -17.96% |
2020 | 11.84% | -20.78% |
2019 | 14.94% | 8.55% |
2018 | 13.77% | -4.59% |
2017 | 14.43% | 17.57% |
2016 | 12.27% | -4.35% |
2015 | 12.83% | 0.78% |
2014 | 12.73% |
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.