• Chubb average operating margin for 2023 was 18.21%, a 10.87% increase from 2022.
• Chubb average operating margin for 2022 was 20.43%, a 13.32% decline from 2021.
• Chubb average operating margin for 2021 was 23.57%, a 101.28% 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.