• BorgWarner average operating margin for 2023 was 8.02%, a 8.23% increase from 2022.
• BorgWarner average operating margin for 2022 was 7.41%, a 4.63% increase from 2021.
• BorgWarner average operating margin for 2021 was 7.77%, a 19.48% 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.