• General Dynamics average operating margin for 2023 was 10.28%, a 4.28% decline from 2022.
• General Dynamics average operating margin for 2022 was 10.74%, a 1.65% decline from 2021.
• General Dynamics average operating margin for 2021 was 10.92%, a 1.09% 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.