• CBRE average operating margin for 2023 was 3.29%, a 42.98% increase from 2022.
• CBRE average operating margin for 2022 was 5.77%, a 9.7% decline from 2021.
• CBRE average operating margin for 2021 was 5.26%, a 13.61% 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.