• Expedia average operating margin for 2023 was 8.83%, a 10.51% decline from 2022.
• Expedia average operating margin for 2022 was 7.99%, a 149.23% increase from 2021.
• Expedia average operating margin for 2021 was -16.23%, a 34.74% 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.