• Jack Henry & Associates average operating margin for 2023 was 22.62%, a 6.34% decline from 2022.
• Jack Henry & Associates average operating margin for 2022 was 24.15%, a 5.14% decline from 2021.
• Jack Henry & Associates average operating margin for 2021 was 22.97%, a 2.36% 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.