• Amdocs average operating margin for 2023 was 13.95%, a 2.72% decline from 2022.
• Amdocs average operating margin for 2022 was 14.34%, a 2.36% decline from 2021.
• Amdocs average operating margin for 2021 was 14.01%, a 1.34% 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.