• Johnson Controls average operating margin for 2023 was 6.85%, a 13.22% increase from 2022.
• Johnson Controls average operating margin for 2022 was 6.05%, a 43.09% increase from 2021.
• Johnson Controls average operating margin for 2021 was 10.63%, a 146.64% 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.