• CNH Industrial average operating margin for 2023 was 18.96%, a 8.65% increase from 2022.
• CNH Industrial average operating margin for 2022 was 17.45%, a 37.94% increase from 2021.
• CNH Industrial average operating margin for 2021 was 12.65%, a 95.82% 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.