IDEX Operating Margin 2010-2024 | IEX
- IDEX average operating margin for 2023 was 22.82%, a 3.31% decline from 2022.
- IDEX average operating margin for 2022 was 23.6%, a 3.24% decline from 2021.
- IDEX average operating margin for 2021 was 22.86%, a 2.24% increase 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.