• Ameriprise Financial average operating margin for 2023 was 28.46%, a 17.44% increase from 2022.
• Ameriprise Financial average operating margin for 2022 was 34.47%, a 41.44% decline from 2021.
• Ameriprise Financial average operating margin for 2021 was 24.37%, a 28.67% 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.