• ASML Holding average operating margin for 2023 was 32.85%, a 0.74% decline from 2022.
• ASML Holding average operating margin for 2022 was 32.61%, a 4.54% increase from 2021.
• ASML Holding average operating margin for 2021 was 34.16%, a 28.08% decline 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.