• Gartner average operating margin for 2024 was 18.57%, a 15.4% decline from 2023.
• 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.

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.