• Cirrus Logic average operating margin for 2023 was 12.24%, a 41.6% increase from 2022.
• Cirrus Logic average operating margin for 2022 was 20.96%, a 20.05% decline from 2021.
• Cirrus Logic average operating margin for 2021 was 17.46%, a 20.25% 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.