• Mastercard average operating margin for 2024 was 55.77%, a 0.23% decline from 2023.
• Mastercard average operating margin for 2023 was 55.64%, a 1.26% increase from 2022.
• Mastercard average operating margin for 2022 was 54.95%, a 4.53% increase from 2021.

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.