• Levi Strauss average operating margin for 2023 was 7.13%, a 36.96% decline from 2022.
• Levi Strauss average operating margin for 2022 was 11.31%, a 51.2% decline from 2021.
• Levi Strauss average operating margin for 2021 was 7.48%, a 317.88% 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.