LG Electronics Inc
KRX:066570
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LG Electronics Inc
Operating Margin
LG Electronics Inc
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Operating Margin Across Competitors
| Country | KR |
| Market Cap | 15.2T KRW |
| Operating Margin |
5%
|
| Country | JP |
| Market Cap | 20.6T JPY |
| Operating Margin |
11%
|
| Country | CH |
| Market Cap | 40.2B USD |
| Operating Margin |
24%
|
| Country | JP |
| Market Cap | 3.8T JPY |
| Operating Margin |
4%
|
| Country | CN |
| Market Cap | 96.9B CNY |
| Operating Margin |
0%
|
| Country | IN |
| Market Cap | 1.1T INR |
| Operating Margin |
3%
|
| Country | CN |
| Market Cap | 49.8B CNY |
| Operating Margin |
2%
|
| Country | JP |
| Market Cap | 649.3B JPY |
| Operating Margin |
-1%
|
| Country | CN |
| Market Cap | 27.8B CNY |
| Operating Margin |
10%
|
| Country | JP |
| Market Cap | 572.7B JPY |
| Operating Margin |
4%
|
| Country | CN |
| Market Cap | 26.3B CNY |
| Operating Margin |
3%
|
LG Electronics Inc
Glance View
In the bustling city of Seoul lies the headquarters of LG Electronics Inc., a global conglomerate best known for its pioneering spirit and relentless pursuit of innovation. Founded in 1958, LG Electronics has grown from a manufacturer of humble radios into one of the world’s leading producers of electronics and home appliances. The company operates through several key divisions: Home Appliance & Air Solutions, Home Entertainment, Vehicle Component Solutions, and Business Solutions. Each unit is a powerhouse in its own right, leveraging state-of-the-art technology to design products that simplify and enhance daily life for millions worldwide. From washing machines that anticipate a household’s laundry needs to smart televisions rendering breathtaking visuals, LG’s portfolio reflects its unwavering commitment to technological excellence and customer satisfaction. At the heart of LG's financial success is its ability to synergize cutting-edge innovation with astute business acumen. The company generates revenue from an array of products that include TVs, smartphones, air conditioners, and car components, with the Home Appliance division traditionally serving as a cornerstone of profitability. By continually refining its product lines and branching into burgeoning sectors like electric vehicle components, LG Electronics diversifies its revenue streams while mitigating risk exposure. Strategic investments in research and development fuel the creation of smarter, more efficient products that anticipate market trends and consumer preferences. Furthermore, by partnering with technology giants and entering joint ventures, LG not only bolsters its technological capabilities but also expands its global reach, cementing its status as a formidable force in the competitive electronics market.
See Also
Operating Margin represents how efficiently a company is able to generate profit through its core operations.
Higher ratios are generally better, illustrating the company is efficient in its operations and is good at turning sales into profits.
Based on LG Electronics Inc's most recent financial statements, the company has Operating Margin of 4.5%.
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