• ServiceNow average operating margin for 2023 was 6.97%, a 79.18% increase from 2022.
• ServiceNow average operating margin for 2022 was 3.89%, a 15.25% increase from 2021.
• ServiceNow average operating margin for 2021 was 4.59%, a 6.99% 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.