• Murata Manufacturing average operating margin for 2023 was 15.97%, a 26.98% decline from 2022.
• Murata Manufacturing average operating margin for 2022 was 21.87%, a 1.72% decline from 2021.
• Murata Manufacturing average operating margin for 2021 was 21.5%, a 25.73% 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.