• Booking Holdings average operating margin for 2023 was 30.01%, a 9.13% decline from 2022.
• Booking Holdings average operating margin for 2022 was 27.5%, a 341.41% increase from 2021.
• Booking Holdings average operating margin for 2021 was 6.23%, a 53.61% 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.