• AbbVie average operating margin for 2023 was 27.58%, a 11.6% decline from 2022.
• AbbVie average operating margin for 2022 was 31.2%, a 8.94% decline from 2021.
• AbbVie average operating margin for 2021 was 28.64%, a 7.07% increase from 2020.

Operating margin can be defined as operating margin measurement of what proportion of a company's revenue is left over after paying for variable costs of production such as wages, raw materials, etc.