• Insulet average operating margin for 2023 was 7.44%, a 2.34% increase from 2022.
• Insulet average operating margin for 2022 was 7.27%, a 4.34% increase from 2021.
• Insulet average operating margin for 2021 was 7.6%, a 1.2% 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.