Lucid Motors
LCID
#2367
Rank
S$8.51 B
Marketcap
$2.83
Share price
1.94%
Change (1 day)
-49.85%
Change (1 year)

Operating Margin for Lucid Motors (LCID)

Operating Margin as of November 2024 (TTM): -386.53%

According to Lucid Motors's latest financial reports and stock price the company's current Operating Margin is -386.53%. At the end of 2023 the company had an Operating Margin of -474.98%.

Operating Margin history for Lucid Motors from 2021 to 2024

Operating Margin at the end of each year

Year Operating Margin Change
2023-474.98%121.51%
2022-214.42%-97.75%
2021-9,515.37%-47.42%
2020-18,097.79%199.53%
2019-6,042.14%

Operating Margin for similar companies or competitors

Company Operating Margin Operating Margin differencediff. Country
8.98%-102.32%๐Ÿ‡บ๐Ÿ‡ธ USA
-31.32%-91.90%๐Ÿ‡จ๐Ÿ‡ณ China
-109.91%-71.56%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.