• Microchip Technology average operating margin for 2024 was 24.21%, a 35.61% decline from 2023.
• Microchip Technology average operating margin for 2023 was 37.6%, a 19.97% decline from 2022.
• Microchip Technology average operating margin for 2022 was 31.34%, a 46.38% 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.