ICON Operating Margin 2010-2024 | ICLR
- ICON average operating margin for 2023 was 11.18%, a 35.19% increase from 2022.
- ICON average operating margin for 2022 was 8.27%, a 23.07% increase from 2021.
- ICON average operating margin for 2021 was 10.75%, a 24.98% 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.