• AMETEK average operating margin for 2023 was 25.31%, a 5.15% increase from 2022.
• AMETEK average operating margin for 2022 was 24.07%, a 1.13% increase from 2021.
• AMETEK average operating margin for 2021 was 23.8%, a 6.92% 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.