• BMW average operating margin for 2023 was 11.37%, a 9.54% decline from 2022.
• BMW average operating margin for 2022 was 10.38%, a 1.27% increase from 2021.
• BMW average operating margin for 2021 was 10.25%, a 76.72% 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.