• Kubota average operating margin for 2023 was 10.14%, a 11.18% increase from 2022.
• Kubota average operating margin for 2022 was 9.12%, a 21.04% increase from 2021.
• Kubota average operating margin for 2021 was 11.55%, a 23.13% 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.