• Subaru average operating margin for 2023 was 4.27%, a 19.13% increase from 2022.
• Subaru average operating margin for 2022 was 5.28%, a 15.79% decline from 2021.
• Subaru average operating margin for 2021 was 6.27%, a 29.55% 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.