• Fanuc average operating margin for 2023 was 20.64%, a 6.01% increase from 2022.
• Fanuc average operating margin for 2022 was 21.96%, a 7.92% decline from 2021.
• Fanuc average operating margin for 2021 was 23.85%, a 1.65% 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.