• News average operating margin for 2023 was 7.27%, a 14.37% increase from 2022.
• News average operating margin for 2022 was 8.49%, a 17.92% decline from 2021.
• News average operating margin for 2021 was 7.2%, a 46.04% 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.