• Micron Technology average operating margin for 2023 was -21.14%, a 168.73% decline from 2022.
• Micron Technology average operating margin for 2022 was 30.76%, a 48.81% decline from 2021.
• Micron Technology average operating margin for 2021 was 20.67%, a 50.66% 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.