• Gartner average operating margin for 2023 was 21.95%, a 17.25% decline from 2022.
• Gartner average operating margin for 2022 was 18.72%, a 5.52% increase from 2021.
• Gartner average operating margin for 2021 was 17.74%, a 63.65% 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.