• NXP Semiconductors average operating margin for 2023 was 28.19%, a 3.22% increase from 2022.
• NXP Semiconductors average operating margin for 2022 was 27.31%, a 57.13% increase from 2021.
• NXP Semiconductors average operating margin for 2021 was 17.38%, a 279.48% 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.