• Repligen average operating margin for 2024 was 1.52%, a 90.41% decline from 2023.
• Repligen average operating margin for 2023 was 15.85%, a 40.66% decline from 2022.
• Repligen average operating margin for 2022 was 26.71%, a 12.42% decline from 2021.

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.