• Johnson & Johnson average operating margin for 2023 was 16.76%, a 25.97% increase from 2022.
• Johnson & Johnson average operating margin for 2022 was 22.64%, a 1.71% decline from 2021.
• Johnson & Johnson average operating margin for 2021 was 22.26%, a 1.97% 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.