Lumentum
LITE
#3043
Rank
HK$32.51 B
Marketcap
HK$478.23
Share price
0.34%
Change (1 day)
31.16%
Change (1 year)

Operating Margin for Lumentum (LITE)

Operating Margin as of September 2024 (TTM): -27.36%

According to Lumentum's latest financial reports and stock price the company's current Operating Margin is -27.36%. At the end of 2023 the company had an Operating Margin of -5.80%.

Operating Margin history for Lumentum from 2014 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-5.80%-142.21%
202213.73%-48.34%
202126.57%155.9%
202010.38%-588.09%
2019-2.13%-120.51%
201810.37%-273.71%
2017-5.97%-655.81%
20161.07%-136.7%
2015-2.93%-344.27%
20141.20%149.32%
20130.48%-12.55%
20120.55%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
-2.94%-89.27%๐Ÿ‡บ๐Ÿ‡ธ USA
5.48%-120.03%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.