• LKQ average operating margin for 2023 was 10.85%, a 8.82% decline from 2022.
• LKQ average operating margin for 2022 was 11.9%, a 10.59% decline from 2021.
• LKQ average operating margin for 2021 was 10.76%, a 38.48% 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.