• CNH Industrial average operating margin for 2023 was 19.37%, a 8.52% decline from 2022.
• CNH Industrial average operating margin for 2022 was 17.85%, a 21.59% increase from 2021.
• CNH Industrial average operating margin for 2021 was 14.68%, a 175.94% 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.