• Kratos Defense & Security Solutions average operating margin for 2023 was 1.54%, a 32.76% increase from 2022.
• Kratos Defense & Security Solutions average operating margin for 2022 was 1.16%, a 68.04% increase from 2021.
• Kratos Defense & Security Solutions average operating margin for 2021 was 3.63%, a 14.99% 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.