As of June 12, 2025, Local Bounti Corp (LOCL) reports a Net Margin of -314.39%.
Net Margin shows the share of revenue that becomes profit after all costs, reflecting overall profitability.
Historical Trend of Local Bounti Corp's Net Margin
Over recent years, Local Bounti Corp's Net Margin has shown a stable trend. The table below summarizes the historical values:
| Date | Net Margin |
|---|---|
| 2024-12-31 | -314.39% |
| 2023-12-31 | -450.03% |
| 2022-12-31 | -570.47% |
| 2021-12-31 | -8764.06% |
| 2020-12-31 | -10512.50% |
This steady improvement highlights how Local Bounti Corp manages its overall profitability and cost control over time.
Comparing Local Bounti Corp's Net Margin to Peers
To better understand Local Bounti Corp's position, it's useful to compare its Net Margin against industry peers. Below are selected comparisons:
| Company | Net Margin |
|---|---|
| Local Bounti Corp (LOCL) | -314.39% |
| Amaya Global Holdings Corp (AYAG) | 51.84% |
| Alico Inc (ALCO) | 14.95% |
| Ingredion Inc (INGR) | 8.71% |
| Darling Ingredients Inc (DAR) | 4.88% |
| Fresh Del Monte Produce Inc (FDP) | 3.32% |
Compared to its competitors, Local Bounti Corp's Net Margin is lower than all peers, which may indicate challenges in controlling expenses or competitive pricing pressures.