• Daikin Industries average operating margin for 2023 was 11.35%, a 5.02% decline from 2022.
• Daikin Industries average operating margin for 2022 was 11.95%, a 3.4% decline from 2021.
• Daikin Industries average operating margin for 2021 was 12.37%, a 2.83% decline 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.