• Mettler-Toledo average operating margin for 2023 was 29.22%, a 5.64% decline from 2022.
• Mettler-Toledo average operating margin for 2022 was 27.66%, a 3.63% increase from 2021.
• Mettler-Toledo average operating margin for 2021 was 26.69%, a 7.84% 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.