• Moelis average operating margin for 2024 was 3.48%, a 12.78% increase from 2023.
• Moelis average operating margin for 2023 was 3.99%, a 85.95% decline from 2022.
• Moelis average operating margin for 2022 was 28.4%, a 14.69% decline 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.