Local Bounti Corporation/DE Annual Operating Margin in % from 2020 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
Local Bounti Corporation/DE quarterly/annual Operating Margin history and growth rate from 2020 to 2023.
  • Local Bounti Corporation/DE Operating Margin for the quarter ending June 30, 2024 was -325 %, a 5.25% decline year-over-year.
  • Local Bounti Corporation/DE annual Operating Margin for 2023 was -424 %, a 12.6% increase from 2022.
  • Local Bounti Corporation/DE annual Operating Margin for 2022 was -485 %, a 93.1% increase from 2021.
  • Local Bounti Corporation/DE annual Operating Margin for 2021 was -7.01K %, a 27.5% increase from 2020.
Operating Margin, Annual (%)
Operating Margin, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2023 -424 +61.2 +12.6% Jan 1, 2023 Dec 31, 2023
2022 -485 +6.52K +93.1% Jan 1, 2022 Dec 31, 2022
2021 -7.01K +2.65K +27.5% Jan 1, 2021 Dec 31, 2021
2020 -9.66K Jan 1, 2020 Dec 31, 2020
* An asterisk sign (*) next to the value indicates that the value is likely invalid.