• Stride average operating margin for 2023 was 9.77%, a 16.31% increase from 2022.
• Stride average operating margin for 2022 was 8.4%, a 25.94% increase from 2021.
• Stride average operating margin for 2021 was 6.67%, a 58.43% 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.