Allkem Ltd
ASX:AKE
Operating Margin
Allkem Ltd
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 | Company | Market Cap |
Operating Margin |
||
|---|---|---|---|---|---|
| AU |
A
|
Allkem Ltd
ASX:AKE
|
6.3B AUD |
67%
|
|
| AU |
|
BHP Group Ltd
ASX:BHP
|
183.7B AUD |
41%
|
|
| AU |
|
Rio Tinto Ltd
ASX:RIO
|
165.8B AUD |
29%
|
|
| UK |
|
Rio Tinto PLC
LSE:RIO
|
67.4B GBP |
29%
|
|
| CH |
|
Glencore PLC
LSE:GLEN
|
34.8B GBP |
2%
|
|
| MX |
|
Grupo Mexico SAB de CV
BMV:GMEXICOB
|
817.2B MXN |
44%
|
|
| SA |
|
Saudi Arabian Mining Company SJSC
SAU:1211
|
154.3B SAR |
17%
|
|
| UK |
|
Anglo American PLC
LSE:AAL
|
26.9B GBP |
18%
|
|
| ZA |
A
|
African Rainbow Minerals Ltd
JSE:ARI
|
32.3B Zac |
-5%
|
|
| CN |
|
CMOC Group Ltd
SSE:603993
|
168B CNY |
16%
|
|
| IN |
|
Hindustan Zinc Ltd
NSE:HINDZINC
|
1.9T INR |
40%
|
Allkem Ltd
Glance View
Allkem Ltd., a name that resonates within the lithium sector, is a company born out of a strategic fusion and a vision to supply the world's growing demand for this transformative metal. Established from a merger of Orocobre Limited and Galaxy Resources in 2021, Allkem crafts its identity around the production of lithium chemicals, which are essential to powering the world's shift towards clean energy and electrification. In essence, the company's operations revolve around mining, extraction, and refining processes. Its portfolio, though concentrated, is geographically diverse, with operational footprints spanning from the brine-rich flats of Argentina to the mineral-rich grounds of Western Australia and Canada. The company's revenue streams primarily flow from the sale of lithium carbonate and lithium hydroxide, key components for lithium-ion batteries used in electric vehicles and consumer electronics. Allkem leverages its geographically varied operations to meet global demand. For instance, its flagship project, the Salar de Olaroz in Argentina, is a marvel of efficient brine extraction technology, producing lithium carbonate that's highly coveted in the global market. Meanwhile, the Mt Cattlin operation in Australia focuses on high-purity spodumene concentrate, represented forwardly in their financial statements as they expand their influence in an electrified world. By anchoring its business model in both strategic resource deployment and responding to a surge in battery-powered innovation, Allkem stands as a pivotal player in the evolving landscape of sustainable energy solutions.
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 Allkem Ltd's most recent financial statements, the company has Operating Margin of 66.8%.
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