• LeGrand SA average operating margin for 2023 was 19.54%, a 3.55% increase from 2022.
• LeGrand SA average operating margin for 2022 was 18.87%, a 0.53% increase from 2021.
• LeGrand SA average operating margin for 2021 was 18.77%, a 2.68% 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.