• Johnson Controls average operating margin for 2024 was 7.22%, a 13.34% increase from 2023.
• Johnson Controls average operating margin for 2023 was 6.37%, a 6.6% increase from 2022.
• Johnson Controls average operating margin for 2022 was 6.82%, a 28.06% decline 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.