• Oshkosh average operating margin for 2023 was 7.34%, a 45.63% increase from 2022.
• Oshkosh average operating margin for 2022 was 5.04%, a 78.47% increase from 2021.
• Oshkosh average operating margin for 2021 was 23.41%, a 35.33% 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.