• Recruit Holdings average operating margin for 2023 was 10.25%, a 15.57% increase from 2022.
• Recruit Holdings average operating margin for 2022 was 12.14%, a 16.51% decline from 2021.
• Recruit Holdings average operating margin for 2021 was 10.42%, a 48.86% 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.