• Descartes Systems Group average operating margin for 2023 was 26.78%, a 6.02% decline from 2022.
• Descartes Systems Group average operating margin for 2022 was 25.26%, a 12.17% increase from 2021.
• Descartes Systems Group average operating margin for 2021 was 22.52%, a 28.91% 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.