• Leidos Holdings average operating margin for 2023 was 5.65%, a 27.56% increase from 2022.
• Leidos Holdings average operating margin for 2022 was 7.8%, a 9.41% decline from 2021.
• Leidos Holdings average operating margin for 2021 was 8.61%, a 6.56% 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.