• Johnson Controls average operating margin for 2023 was 6.33%, a 7.18% increase from 2022.
• Johnson Controls average operating margin for 2022 was 6.82%, a 28.06% decline from 2021.
• Johnson Controls average operating margin for 2021 was 9.48%, a 135.24% 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.