• Boeing average operating margin for 2023 was -2.75%, a 64.01% increase from 2022.
• Boeing average operating margin for 2022 was -7.64%, a 36.28% decline from 2021.
• Boeing average operating margin for 2021 was -11.99%, a 2.68% 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.