NIKE Operating Margin 2010-2024 | NKE
- NIKE average operating margin for 2023 was 11.7%, a 16.07% increase from 2022.
- NIKE average operating margin for 2022 was 13.94%, a 3.4% decline from 2021.
- NIKE average operating margin for 2021 was 14.43%, a 46.2% decline 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.