• Legend Biotech average operating margin for 2023 was -302.5%, a 29.24% decline from 2022.
• Legend Biotech average operating margin for 2022 was -427.51%, a 9.06% decline from 2021.
• Legend Biotech average operating margin for 2021 was -392%, a 33.27% 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.