Lucid Group, Inc. Annual Operating Margin in % from 2019 to 2023

Taxonomy & unit
ratio: %
Description
The operating margin measures the profit a company makes on a dollar of sales after accounting for the direct costs involved in earning those revenues.
Summary
Lucid Group, Inc. quarterly/annual Operating Margin history and growth rate from 2019 to 2023.
  • Lucid Group, Inc. Operating Margin for the quarter ending June 30, 2024 was -450 %, a 11.3% decline year-over-year.
  • Lucid Group, Inc. annual Operating Margin for 2023 was -521 %, a 22.1% decline from 2022.
  • Lucid Group, Inc. annual Operating Margin for 2022 was -427 %, a 92.4% increase from 2021.
  • Lucid Group, Inc. annual Operating Margin for 2021 was -5.65K %, a 62.5% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -521 -94.2 -22.1% Jan 1, 2023 Dec 31, 2023
2022 -427 +5.22K +92.4% Jan 1, 2022 Dec 31, 2022
2021 -5.65K +9.43K +62.5% Jan 1, 2021 Dec 31, 2021
2020 -15.1K -9.45K -168% Jan 1, 2020 Dec 31, 2020
2019 -5.62K Jan 1, 2019 Dec 31, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.