LumenRadio
LUMEN.ST
#8634
Rank
$0.11 B
Marketcap
$9.21
Share price
-0.39%
Change (1 day)
-32.86%
Change (1 year)

Operating Margin for LumenRadio (LUMEN.ST)

Operating Margin as of November 2024 (TTM): 15.78%

According to LumenRadio's latest financial reports and stock price the company's current Operating Margin is 15.78%. At the end of 2023 the company had an Operating Margin of 23.70%.

Operating Margin history for LumenRadio from 2022 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
202323.70%16.85%
202220.29%16.65%
202117.39%-204.57%
2020-16.63%-2110.73%
20190.83%

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.