• Monolithic Power Systems average operating margin for 2023 was 28.12%, a 4.89% decline from 2022.
• Monolithic Power Systems average operating margin for 2022 was 26.81%, a 32.99% increase from 2021.
• Monolithic Power Systems average operating margin for 2021 was 20.16%, a 10.89% 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.