• Elbit Systems average operating margin for 2023 was 6.87%, a 0.59% decline from 2022.
• Elbit Systems average operating margin for 2022 was 6.83%, a 7.95% increase from 2021.
• Elbit Systems average operating margin for 2021 was 7.42%, a 4.95% 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.