• Estee Lauder average operating margin for 2023 was 8%, a 51.1% decline from 2022.
• Estee Lauder average operating margin for 2022 was 16.36%, a 3.15% decline from 2021.
• Estee Lauder average operating margin for 2021 was 15.86%, a 141.4% 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.