LG Chem
051910.KS
#1171
Rank
$16.11 B
Marketcap
$212.22
Share price
1.19%
Change (1 day)
-45.46%
Change (1 year)

Operating Margin for LG Chem (051910.KS)

Operating Margin as of November 2024 (TTM): 7.86%

According to LG Chem's latest financial reports and stock price the company's current Operating Margin is 7.86%. At the end of 2023 the company had an Operating Margin of 2.08%.

Operating Margin history for LG Chem from 2008 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
20232.08%-65.45%
20226.01%-49.85%
202111.98%213.18%
20203.83%34.55%
20192.84%-61.4%
20187.36%-28.95%
201710.37%23.3%
20168.41%5.66%
20157.96%44.98%
20145.49%-23.79%
20137.20%-14.25%
20128.40%-33.51%
201112.63%-14.61%
201014.79%9.85%
200913.46%52.85%
20088.81%0.14%
20078.80%

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.