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LG Energy Solution (XKRX:373220) Revenue : ₩33,745,470 Mil (TTM As of Dec. 2023)


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What is LG Energy Solution Revenue?

LG Energy Solution's revenue for the three months ended in Dec. 2023 was ₩8,001,324 Mil. Its revenue for the trailing twelve months (TTM) ended in Dec. 2023 was ₩33,745,470 Mil. LG Energy Solution's Revenue per Share for the three months ended in Dec. 2023 was ₩34,191.21. Its Revenue per Share for the trailing twelve months (TTM) ended in Dec. 2023 was ₩144,208.93.

During the past 12 months, the average Revenue per Share Growth Rate of LG Energy Solution was 30.70% per year. During the past 3 years, the average Revenue per Share Growth Rate was 170.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 4 years, LG Energy Solution's highest 3-Year average Revenue per Share Growth Rate was 170.20% per year. The lowest was 170.20% per year. And the median was 170.20% per year.


LG Energy Solution Revenue Historical Data

The historical data trend for LG Energy Solution's Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LG Energy Solution Revenue Chart

LG Energy Solution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Revenue
1,461,068.00 17,851,906.00 25,598,609.00 33,745,470.00

LG Energy Solution Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 8,537,543.00 8,747,117.00 8,773,487.00 8,223,542.00 8,001,324.00

Competitive Comparison of LG Energy Solution's Revenue

For the Specialty Industrial Machinery subindustry, LG Energy Solution's Revenue, along with its competitors' market caps and Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LG Energy Solution's Revenue Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, LG Energy Solution's Revenue distribution charts can be found below:

* The bar in red indicates where LG Energy Solution's Revenue falls into.



LG Energy Solution Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩33,745,470 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LG Energy Solution  (XKRX:373220) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


LG Energy Solution Revenue Related Terms

Thank you for viewing the detailed overview of LG Energy Solution's Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


LG Energy Solution (XKRX:373220) Business Description

Traded in Other Exchanges
N/A
Address
Yeongdeungpo-gu, Yeoui-daero, Seoul, KOR
LG Energy Solution, or LGES, is the third-largest battery maker for electric vehicles, or EVs, with about 14% global share in the first half of 2023, according to SNE Research. The EV battery segment is the largest revenue contributor, which accounted for close to 60% of total revenue in 2022. Besides EV batteries, LGES also manufactures batteries for mobility, mobile phones, laptops, electrical devices, and energy storage systems. The company was spun off from LG Chem's battery division in December 2020 and listed on the Korea Exchange in January 2022. It has global manufacturing facilities in Korea, China, Poland and the United States. Key customers include General Motors, Tesla, Volkswagen, Hyundai Motors and Stellantis.

LG Energy Solution (XKRX:373220) Headlines

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