• First Solar average operating margin for 2024 was 33.11%, a 207.14% decline from 2023.
• First Solar average operating margin for 2023 was 10.78%, a 42.59% increase from 2022.
• First Solar average operating margin for 2022 was 7.56%, a 61.31% increase from 2021.

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.