• Komatsu average operating margin for 2023 was 15.09%, a 22.88% increase from 2022.
• Komatsu average operating margin for 2022 was 12.28%, a 34.06% increase from 2021.
• Komatsu average operating margin for 2021 was 9.16%, a 4.33% 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.