• Lyft average operating margin for 2023 was -24.68%, a 17.49% decline from 2022.
• Lyft average operating margin for 2022 was -29.91%, a 49.24% decline from 2021.
• Lyft average operating margin for 2021 was -58.93%, a 3.43% decline 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.