• Danaher average operating margin for 2023 was 24.64%, a 8.5% decline from 2022.
• Danaher average operating margin for 2022 was 26.93%, a 10.28% decline from 2021.
• Danaher average operating margin for 2021 was 24.42%, a 35.74% 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.