Largo
LGO
#8484
Rank
$0.13 B
Marketcap
$2.08
Share price
-10.34%
Change (1 day)
2.46%
Change (1 year)
Categories

Operating Margin for Largo (LGO)

Operating Margin as of November 2024 (TTM): 1.76%

According to Largo's latest financial reports and stock price the company's current Operating Margin is 1.76%. At the end of 2022 the company had an Operating Margin of 1.76%.

Operating Margin history for Largo from 2003 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20221.76%-89%
202116.02%148.85%
20206.44%-128.8%
2019-22.35%-136.12%
201861.88%-1248.73%
2017-5.39%-92.13%
2016-68.48%-96%
2015-1,710.00%
2003-3,373.22%111.07%
2002-1,598.13%

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.