• Landstar System average operating margin for 2023 was 6.93%, a 10.47% decline from 2022.
• Landstar System average operating margin for 2022 was 7.74%, a 5.45% decline from 2021.
• Landstar System average operating margin for 2021 was 7.34%, a 17.25% 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.