• Palo Alto Networks average operating margin for 2023 was 4.11%, a 197.39% increase from 2022.
• Palo Alto Networks average operating margin for 2022 was -4.22%, a 36.83% decline from 2021.
• Palo Alto Networks average operating margin for 2021 was -6.68%, a 36.33% 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.