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Gross Margin
LG Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
Country | KR |
Market Cap | 11.8T KRW |
Gross Margin |
25%
|
Country | US |
Market Cap | 193.4B USD |
Gross Margin |
30%
|
Country | US |
Market Cap | 147B USD |
Gross Margin |
38%
|
Country | DE |
Market Cap | 139B EUR |
Gross Margin |
39%
|
Country | JP |
Market Cap | 17.6T JPY |
Gross Margin |
28%
|
Country | ZA |
Market Cap | 95.5B Zac |
Gross Margin |
29%
|
Country | US |
Market Cap | 69.3B USD |
Gross Margin |
42%
|
Country | US |
Market Cap | 55.3B EUR |
Gross Margin |
70%
|
Country | CN |
Market Cap | 252.5B HKD |
Gross Margin |
0%
|
Country | IN |
Market Cap | 2.5T INR |
Gross Margin |
32%
|
Country | HK |
Market Cap | 152.4B HKD |
Gross Margin |
51%
|
LG Corp
Glance View
LG Corp., a South Korean conglomerate, has a rich legacy deeply rooted in innovation and technology, functioning as the holding company for the LG Group. Founded in 1947 as Lak-Hui (pronounced 'Lucky'), the company initially embarked on producing household goods, quickly diversifying into the electronics sector. Today, LG Corp. stands as a powerhouse, with its core businesses spanning consumer electronics, mobile communications, home appliances, and chemical products. Its flagship subsidiary, LG Electronics, is renowned globally for its cutting-edge smartphones, high-definition televisions, and advanced home appliances, continuously pushing the envelope in product quality and technological advancement. Beyond electronics, LG Chem is pivotal in producing battery solutions and advanced materials, positioning the company strategically in the booming electric vehicle and renewable energy markets. For investors, LG Corp. represents a compelling opportunity in an ever-evolving market landscape. The company's commitment to sustainability and innovation aligns perfectly with global trends favoring energy efficiency and eco-friendly products. In recent years, LG has made significant inroads into sectors such as solar energy and hydrogen technology, further cementing its role as a forward-thinking leader. Furthermore, LG's strong financial performance, marked by robust revenue growth and a stable dividend policy, underscores its potential for long-term value creation. With a focus on enhancing shareholder value and leveraging cutting-edge technology, LG Corp. is not just a participant in the market; it is a transformative force shaping the future of consumer electronics and beyond.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on LG Corp's most recent financial statements, the company has Gross Margin of 24.6%.