• Ameriprise Financial average operating margin for 2023 was 28.81%, a 18.57% decline from 2022.
• Ameriprise Financial average operating margin for 2022 was 35.38%, a 116.13% decline from 2021.
• Ameriprise Financial average operating margin for 2021 was 16.37%, a 31.68% 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.