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Lithium Americas (TSX:LAC) Operating Margin % : 0.00% (As of Mar. 2024)


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What is Lithium Americas Operating Margin %?

Operating Margin % is calculated as Operating Income divided by its Revenue. Lithium Americas's Operating Income for the three months ended in Mar. 2024 was C$-7.51 Mil. Lithium Americas's Revenue for the three months ended in Mar. 2024 was C$0.00 Mil. Therefore, Lithium Americas's Operating Margin % for the quarter that ended in Mar. 2024 was 0.00%.

The historical rank and industry rank for Lithium Americas's Operating Margin % or its related term are showing as below:


TSX:LAC's Operating Margin % is not ranked *
in the Metals & Mining industry.
Industry Median: 1.88
* Ranked among companies with meaningful Operating Margin % only.

Lithium Americas's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Lithium Americas's Operating Income for the three months ended in Mar. 2024 was C$-7.51 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2024 was C$-30.28 Mil.


Lithium Americas Operating Margin % Historical Data

The historical data trend for Lithium Americas's Operating Margin % 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.

Lithium Americas Operating Margin % Chart

Lithium Americas Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Operating Margin %
- - - -

Lithium Americas Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Operating Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Lithium Americas's Operating Margin %

For the Other Industrial Metals & Mining subindustry, Lithium Americas's Operating Margin %, along with its competitors' market caps and Operating Margin % 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.


Lithium Americas's Operating Margin % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Lithium Americas's Operating Margin % distribution charts can be found below:

* The bar in red indicates where Lithium Americas's Operating Margin % falls into.



Lithium Americas Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

Lithium Americas's Operating Margin % for the fiscal year that ended in Dec. 2023 is calculated as

Operating Margin %=Operating Income (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=-37.062 / 0
= %

Lithium Americas's Operating Margin % for the quarter that ended in Mar. 2024 is calculated as

Operating Margin %=Operating Income (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=-7.51 / 0
= %

* 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.


Lithium Americas  (TSX:LAC) Operating Margin % Explanation

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Lithium Americas Operating Margin % Related Terms

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Lithium Americas (TSX:LAC) Business Description

Traded in Other Exchanges
Address
900 West Hastings Street, Suite 300, Vancouver, BC, CAN, V6C 1E5
Lithium Americas is a pure-play lithium producer. The firm owns one resource, Thacker Pass, that is located in northwest Nevada. Thacker Pass recently began construction and is expected to begin production in the mid-2020s. Thacker Pass is one of the largest known lithium resources in the world. The project would be the first clay-based asset to enter production, and we estimate it will be in bottom half of the global cost curve. Management plans to develop Thacker Pass into a fully integrated lithium production site, with downstream refining capabilities on site, and will sell into the lithium chemical market.

Lithium Americas (TSX:LAC) Headlines