• Arrow Electronics average operating margin for 2023 was 4.95%, a 8.5% decline from 2022.
• Arrow Electronics average operating margin for 2022 was 5.41%, a 38.01% decline from 2021.
• Arrow Electronics average operating margin for 2021 was 3.92%, a 78.18% 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.