• BorgWarner average operating margin for 2023 was 8.08%, a 9.63% decline from 2022.
• BorgWarner average operating margin for 2022 was 7.37%, a 4.16% increase from 2021.
• BorgWarner average operating margin for 2021 was 7.69%, a 5.18% 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.