• Kone Oyj average operating margin for 2023 was 10.63%, a 4.94% increase from 2022.
• Kone Oyj average operating margin for 2022 was 10.13%, a 19.15% increase from 2021.
• Kone Oyj average operating margin for 2021 was 12.53%, a 4.59% 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.