• IQVIA Holdings average operating margin for 2023 was 12.76%, a 0.16% increase from 2022.
• IQVIA Holdings average operating margin for 2022 was 12.78%, a 36.98% decline from 2021.
• IQVIA Holdings average operating margin for 2021 was 9.33%, a 59.22% 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.